Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Concerns rise over women's representation setback in 2024 election
The 2024 General Elections are being criticized as a significant regression for women's representation, largely due to the Election Commission's (KPU) handling of the affirmative policy requiring a minimum of 30 percent female legislative candidates.
KCI boosts train imports from China to meet urgent fleet needs
Commuter Line service operator PT Kereta Commuter Indonesia (KCI) will increase its import of train sets from China to 11, due to State-owned train manufacturer PT Industri Kereta Api's (INKA) inability to deliver the planned 17 train sets by 2025, but two units instead.
Majority of mining commodity export prices rise in July 2024
The Ministry of Trade has reporeds that the prices of most mining commodities subject to export duties have increased due to rising global demand, influencing the export reference prices (HPE).
Bahlil: Gresik smelter makes electric battery ecosystem in Indonesia more complete
Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the latest copper smelter built by PT Freeport Indonesia (PTFI) will further strengthen the electric battery ecosystem in Indonesia.
Delta Dunia completes acquisition of Atlantic Carbon
PT Delta Dunia Makmur, through American Anthracite SPV I, LLC, a controlled entity under PT Bukit Makmur Internasional (BUMA International), has completed the acquisition of Atlantic Carbon Group, Inc. (ACG) for US$122.4 million.
PHR’s exploration, innovation endeavors increase Rokan Block's oil reserve potential
PT Pertamina Hulu Rokan (PHR), a subsidiary of State-owned energy company Pertamina, continues to strive to increase its oil and gas production after the transfer of Rokan Block management, one of which is through exploration activities that have succeeded in providing additional significant oil and gas resources and reserves from the oil block.
Sri Mulyani proposes Rp6.1 trillion state capital injection for five SOEs
Minister of Finance Sri Mulyani Indrawati has proposed a state capital injection (PMN) totaling Rp6.1 trillion for five state-owned enterprises (SOEs) this year, representing 44.85 percent of the total PMN requested by the Ministry of State-Owned Enterprises (SOEs) amounting to Rp13.6 trillion (US$833 million).
ESDM ministry opens mineral mining management to religious mass organizations
The Ministry of Energy and Mineral Resources (ESDM) said that business entities of religious mass organizations (ormas) also have the opportunity to manage mineral mining in Indonesia although the priority special mining business permit (WIUPK) area on offer are for coal mining.
PIS seals business deal for liquid CO2, LNG transport with Japanese Shipping Giant NYK
A subsidiary of State-owned energy company Pertamina, PT Pertamina International Shipping (PIS), has struck a deal with Japanese shipping company Nippon Yushen Kabushiki Kaisha (NYK) Group to cooperate in liquid carbon dioxide (CO2) and liquified natural gas (LNG) transportation and ship management.
CITIC CLSA ASEAN Forum showcases investment opportunities in Indonesia, SE Asia
Jakarta − The 20th CITIC CLSA ASEAN Forum began on Tuesday, June 11, 2024, bringing altogether over 600 delegates from 16 countries, including more than 300 institutional investors and 300 senior executives from 110 of the region’s top growth companies.
Cost of air pollution from coal-fired power plants worth more than US$885 M
Jakarta − The Centre for Research Energy and Clear Air (CREA) said that the economic burden related to air pollution from the operation of three coal-based power plants (PLTUs) in West Java and Banten reached US$885 million (Rp13.1 trillion) per year.
ESDM minister: Indonesia to seek new investors for Sonic Bay project
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif says the government will seek for new partners and investors after Germany's BASF and French's Eramet decided to withdraw from the Sonic Bay project in Weda Bay Industrial Estate, North Maluku.