Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Golkar nominates Jusuf Hamka to partner with Kaesang in Jakarta election
Golkar Party has named businessman Jusuf Hamka, also known as Babah Alun, as their candidate for Deputy Jakarta Governorship, alongside Kaesang Pangarep, Chairman of the Indonesian Solidarity Party (PSI), in the upcoming Jakarta gubernatorial election.
House member asks government to grant limited export quota for bauxite
A member of Commission VII of the House of Representatives (DPR) has asked the Ministry of Energy and Mineral Resources (ESDM) to grant export relaxationfor several minerals products that have not completed the construction of smelter especially for bauxites.
BEI announces upcoming IPO of light house companies in second half of 2024
The Indonesia Stock Exchange (BEI) has revealed that a significant number of "light house companies" are set to go public via an initial public offering (IPO) in the second half of this year. This anticipated listing is part of BEI's IPO pipeline for 2024.
House factions support the 2025 US$2.73 billion state capital injection for SOEs
All nine factions in Commission VI of the House of Representatives (DPR) have expressed their support for the proposed US$2.73 billion State Capital Injection for State-owned Enterprises for the 2025 fiscal year.
Growth in Indonesia's metal industry outpaces other sectors
The Coordinating Ministry for the Economy reported significant growth in the country’s metal industry, surpassing other sectors, thanks to downstream processing of raw materials.
Nuclear power plants included in Indonesia's 2033 general electricity plan
The Ministry of Energy and Mineral Resources (ESDM) has announced the inclusion of nuclear power plants (PLTN) in Indonesia's General Electricity Plan (RUKN) for 2033, signifying a new phase in power generation in the country.
PLN’s captive power acquisition program for PT SMART in Kotabaru
State utility company PT PLN has since July 2, 2024, provided 18.58 Megavolt Ampere (MVA) of electricity to agribusiness company PT Sinar Mas Agro Resources And Technology (SMART) in Kotabaru regency, South Kalimantan, through captive power acquisition program.
Indonesian automakers target South American market
The Association of Indonesian Automotive Industries (Gaikindo) has announced that four Indonesian automotive manufacturers are eyeing the South American market, particularly highlighting their competitive edge over U.S. made vehicles.
Prabowo administration expected to continue implementing job creation law
As the winner of the 2024 Presidential Election Prabowo Subianto prepares to assume State leadership, the Secretary of the Task Force for the Job Creation Law, Arif Budimanta, expressed hope that the implementation of the Job Creation Law will continue under the new administration.
Indonesia to offer 12 geothermal power plant projects to investors
The Ministry of Energy and Mineral Resources (ESDM) is set to offer 12 geothermal power plant (PLTP) projects to investors, with a total investment requirement of US$2.16 billion (Rp35.19 trillion).
KAI requests additional state capital injection for 2025
State railway operator PT Kereta Api Indonesia (KAI) has proposed an additional State Capital Injection (PMN) of Rp1.8 trillion (US$110.6 million) for the next year to procure 24 new Electric Rail Train (KRL) sets from domestic sources to meet rising passenger demand and the need to replace aging trains.
ESDM minister reveals the nation’s decarbonization targets
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, has revealed the nation’s decarbonization targets as stipulated in the draft revision of Government Regulation Number 79/2014 on National Energy Policy.