Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
PGE seeks investors in green energy
PT Pertamina Geothermal Energy, a subsidiary of State oil and gas company PT Pertamina, is seeking sustainable relationship with strategic stakeholders, particularly investors, to promote clean energy.
PKS endorses Anies Baswedan, Sohibul Iman for Jakarta leadership election
Muslim-based Prosperous Justice Party (PKS) has officially nominated Anies Baswedan and Sohibul Iman as their candidates for governorship and deputy governorship of Jakarta, while seeking support from other political parties to increase their voters’ base and winning chances in the regional election.
Indonesian seaweed factories set for revival with government aid
The Indonesian Seaweed Association (ARLI) has reported that 10 seaweed processing factories, inactive since 2016, are now receiving assistance from the Ministry of Industry to resume operations.
Kadin proposes tax incentives to bolster manufacturing amid rupiah weakness
Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Arsjad Rasjid, has suggested that strengthening the rupiah is not the sole strategy to maintain the operational performance of the manufacturing sector.
Fossil fuel conglomerates get the benefit of biomass co-firing program: Trend Asia
Although promoted as an energy transition solution based on a "people's economy", the woody biomass industry is dominated by a conglomeration of old oligarchs, who are already fat with exploitation of fossil energy and Indonesian forestry, Trend Asia recently reported.
Survey finds 86 percent of Indonesians support wealth tax for the rich
A new survey of adults in 18 of the world's 20 largest economies (G20 countries) has revealed a majority of support for tax reform and broader political and economic reform.
Kadin, BI plan for 2045 economic goals amidst rupiah concerns
Top leadership in the Indonesian Chamber of Commerce and Industry (Kadin) and the Indonesian Central Bank (BI) met on Tuesday, June 25, 2024, to discuss strategies for achieving the "golden economy" by 2045, while also addressing current economic challenges, including the weakening rupiah.
KPI open for partnership in green refinery development
PT Kilang Pertamina Internasional (KPI), a subsidiary of State oil and gas company PT Pertamina, is opening the opportunity for investors and strategic partners to develop environmental friendly green refineries.
Seven bauxite smelters show no progress: ESDM ministry
The development of bauxite downstream industry is far promising as out of the eight smelters in the government’s pipeline, only one has shown significant progress, a senior government official says.
Indonesia prepares incentives for green hydrogen development
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is drafting regulations to offer incentives and tax relief to green hydrogen developers, aiming to speed up the growth of the country's green hydrogen industry.
PLN to supply green energy to global fashion company H&M Group
State electricity company PT PLN has sealed an agreement to supply green energy of 210 Gigawatt hour (GWh) per year to the global fashion company, H&M Group. Through this collaboration, PLN supports decarbonization measures, especially in the country's industrial sector.
ESDM ministry: Freeport export permit under review by Finance Ministry
An expert staff to Indonesian Minister of Energy and Mineral Resources (ESDM) says that the government is finalizing its review into the request for export permit of copper concentrates by PT Freeport Indonesia, with export technicalities being assessed by the Ministry of Finance.