Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
SKK Migas inaugurates key PHM projects to boost national oil, gas production
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) recently inaugurated three projects of PT Pertamina Hulu Mahakam (PHM) in the Mahakam Block aimed at boosting national oil and gas production.
Perum Damri requests Rp1 trillion state capital injection for 2025
State-owned land transportation company Perum Damri has proposed a State Capital Injection (PMN) of Rp1 trillion (US$16.5 million) for 2025 that will be used to procure 100 electric buses for Transjakarta and to rejuvenate diesel buses for pioneer routes.
KFI imports nickel from the Philippines over domestic supply issues
PT Kalimantan Ferro Industry (KFI) is currently importing nickel from the Philippines to sustain its smelter operations in East Kalimantan a result of disrupted domestic nickel ore supply.
PLN supplies 8,978 MWh of green electricity to Uniqlo Indonesia
State electricity company PT PLN will provide green electricity to fashion company PT Fast Retailing Indonesia (UNIQLO) of 8,978 megawatt hours (MWh) through the Renewable Energy Certificate (REC) service as part of the commitment to support decarbonisation of the industrial sector in the country.
Workers stage protest at J&T Ekspress office overrights violation allegations
Over a hundred of workers of logistic and freight forwarding company PT Global Bintang Timur Ekspress (J&T Ekspress) staged a protest at the company headquarters in Jakarta on Tuesday, July 8, 2024, as a response to a series of violations of labor normative rights allegedly committed by the company.
ISEA debuts on Indonesia Stock Exchange
PT Indo American Seafoods (ISEA) launched its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) on Tuesday, with its shares opening 16.80 percent higher at Rp294 per share.
CEOR Minas investment approved, PHR to increase Rokan Block production
Pertamina Hulu Rokan (PHR), a subsidiary of State oil and gas company Pertamina, is ready to increase oil production from Rokan Block through the development of Chemical Enhanced Oil Recovery (CEOR) upon securing approval on the Final Investment Decision (FID) for CEOR Minas by PHR President Director Ruby Mulyawan on June 30, 2024.
Luhut: Indonesia's import tariff policy not targeted at any specific country
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has clarified Indonesia's plan to impose import duties of up to 200 percent on certain products, dismissing speculations that it is targeting certain countries.
Government offers tax incentives to boost investment in IKN
The government, through the Ministry of Finance, is offering various incentives, including tax incentives for land and/or building investments in an effort to encourage investment in the new capital city of Nusantara (IKN).
Vietnam’s VinFast invests US$1.2 billion in Indonesia’s assembly plant
Vietnam’s electric vehicle (EV) manufacturer, VinFast, which has entered Indonesia earlier this year, is setting up a new dealership in the Jakarta suburb of Depok and will soon invest US$1.2 billion to build a local assembly plant with a capacity of 60,000 cars per year.
House approves Rp965 billion capital injection for PT INKA
Commission XI of the House of Representatives (DPR) has sanctioned a state capital injection (PMN) amounting to Rp965 billion (US$59 million) for State-owned train manufacturer PT Industri Kereta Api (INKA).
Government: BASF, Eramet temporarily delay investment in Sonic Bay project
The government has claimed that Germany 's chemical company BASF and French mining and metallurgical company Eramet did not withdraw from Sonic Bay Project, but only postponed their investment while considering the direction of global trade and market, a senior government officials says.