Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
PLN partners with GoTo to provide official vehicles
Jakarta, June 1, 2024 − State electricity company PT PLN signed a memorandum of understanding (MoU) with PT GoTo Gojek Tokopedia to provide official transportation within the PLN Group.
Freeport responds to issuance of permit license extension
PT Freeport Indonesia has responded to the issuance of the Special Mining Business License (IUPK) extension to the subsidiary of the US-based Freeport-McMoRan Inc.
IHC records positive performance achievements in 2023
Jakarta, June 1, 2024 − The Annual General Meeting of Shareholders (AGM) of PT Pertamina Bina Medika Indonesia Healthcare Corporation (IHC), a state-owned hospital holding, held in Jakarta on Wednesday, May 29, 2024. revealed that the company recorded positive performance achievement last year.
Gerindra: Prabowo to prioritize peaceful solutions on North Korean issue
A senior executive with Gerindra Party has ensured that President-elect Prabowo Subianto will maintain the country’s free-and-active foreign policy in its international relations, focusing on promoting peaceful solutions in resolving international disputes, including conflict along the Korean Peninsula.
Jokowi issues regulation on mining permit for mass, religious organizations
President Joko Widodo signed on May 30, 2024, a government regulation that allows the granting of mining permit for mass and religious organizations.
Jokowi signs regulation on earlier permit extension for Freeport
President Joko Widodo has signed a government regulation that will allow PT Freeport Indonesia to submit for an extension of their Special Mining Business Permit (IUPI) after 2041.
SKK Migas on a road show at recent Future Energy Asia 2024 Summit
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) was recently on a road show in Bangkok, Thailand, to introduce Indonesia’s oil and gas potentials and lure international investors to invest in the country’s oil and gas sector.
Indonesia aims to finalize EU trade agreement by July 2024
The Coordinating Ministry for Economic Affairs is targeting the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) by July 2024, with final negotiations being expected to take place in Indonesia during the 19th round of talks on July 1-5.
Semen Baturaja books positive performance, distributes dividend
Cement company PT Semen Baturaja (SMBR), a subsidiary of state-owned cement holding company PT Semen Indonesia (SIG), held its annual shareholders’ meeting in Jakarta on Wednesday, May 29, 2024, announcing the company’s positive performance in the fiscal year of 2023.
Indonesia targets completion of three trade agreements to prevent dual deficits
The Coordinating Ministry for Economy aims to finalize three significant trade agreements by the end of this year to prevent potential dual deficits − both in the balance of payments and the fiscal balance.
Supreme Court's age requirement change for governors criticized as favoring Jokowi's son
The recent Supreme Court ruling altering the minimum age requirement for gubernatorial and vice-gubernatorial candidates has sparked criticism, with many viewing it as a move to clear the path for President Joko Widodo's youngest son, Kaesang Pangarep, to run in the 2024 gubernatorial election.
PLN advances renewable energy with three new floating solar power plants
State electricity company PT PLN is working on three large-scale floating solar power plant (PLTS) projects at three different locations, with operations expected to begin between 2025 and 2026.