politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
KPK confiscates palm oil factory, assets of inactive Labuhan Batu regent
The Corruption Eradication Commission (KPK) has confiscated the Rp15 billion (US$934,539) palm oil factory belonging to Erik Adradta Ritonga (EAR), the inactive Regent of Labuhan Batu in North Sumatra.
Civil society coalition occupies EV Exhibition in Jakarta
The Civil Society Coalition, together with residents living around nickel mining concessions in Central Sulawesi, Southeast Sulawesi and North Maluku, occupied the electric vehicle (EV) exhibition held by the Indonesian Electric Vehicle Association (Periklindo) at the Jakarta International Expo (JiExpo) Kemayoran, in Central Jakarta on Sunday, May 5, 2024.
Authority invites US firms to develop green port, smart transportation in IKN
The Nusantara Capital City Authority invites companies from the United States to participate in developing green port and smart transportation projects in the future capital city (IKN).
ESDM ministry ensures reliability of Paiton power plant after Mitsui's divestment
The Ministry of Energy and Mineral Resources (ESDM) has ensured that electricity supply from the Paiton Steam Power Plants (PLTU Paiton) 7 & 8 in East Java will remain reliable after the divestment of Mitsui & Co Ltd's shares in PT Paiton Energy.
Indonesia gets OECD membership accession roadmap, strengthened global position
Indonesia secured the Organization for Economic Cooperation and Development (OECD) Membership Accession Roadmap at the OECD Ministerial Level Meeting in Paris, France, on Thursday, May 2, 2024.
Indonesia to offer US$9.6 billion water projects at 10th World Water Forum
Jakarta, May 5, 2024 - The 10th World Water Forum is expected to create investment opportunities for water infrastructure development, a senior government official says.
Investment ministry-Surakarta City collaborate on regional entrepreneurship development
Surakarta, May 5, 2024 - The Ministry of Investment/Investment Coordinating Board (BKPM) collaborates with the Surakarta City Administration in developing regional investment through the 10th Solo Great Sale (SGS) event held at Ngarsopuro, Surakarta City, Central Java. The event was attended by Secretary of the Ministry of Investment/BKPM Ikmal Lukman, Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Arsjad Rasjid, and Deputy Mayor of Surakarta Teguh Prakosa.
KPK summons former PT Taspen CEO for alleged fictitious investment
The Corruption Eradication Commission (KPK) recently summoned Antonius Kosasih, former President Director of State-owned insurer PT Taspen, over alleged fictitious investment in the company in the 2019 fiscal year.
Jokowi calls for cabinet meeting on preparations for the 2024 World Water Forum
President Joko ”Jokowi” Widodo held a limited meeting together with Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan to discuss preparations for the 10th World Water Forum (WWF) which will be held on May 18-25, 2024 in Bali.
Pertamina sees increased, Medco decreased portion in Corridor Block
PT Medco Energi Internasional (Medco) has reported a relatively stable oil and gas production of 157,000 barrels of oil equivalent per day (mboepd) in the first quarter of 2024 if compared with the performance of oil and gas operations throughout the fourth quarter of 2023. However, oil and gas production in the first quarter of 2024 was relatively lower or fell 7 mboepd below that in the first quarter of 2023.
Pertamina seeks collaboration with Brazil on bioethanol development
PT Pertamina New & Renewable Energy (PNRE), a subsidiary of State energy company PT Pertamina and member of the Task Force for the Acceleration of Sugar and Bioethanol Self-Sufficiency in Merauke, South Papua, is opening communication with Brazil for bioethanol development cooperation.
Bahlil: Revoked mining permits to be granted to religious organizations
Minister of Investment/Head of Investment Coordinating Board, Bahlil Lahadalia, has announced plans to grant a number of revoked mining business permits (IUPs) to a number of religious organizations.