politics

Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.

Inalum

Inalum fine-tunes Pre-IPO plans

PT Indonesia Asahan Aluminium (Inalum) continues to prepare for its pre-initial public offering (IPO) this year.

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Government hastens regulation revision to secure 61 percent Freeport shares

Minister of Investment/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, has announced that the government is expediting the revision of regulations to accommodate the extension of PT Freeport Indonesia's mining permits.

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ESDM ministry to set bauxite price index, enhance transparency and efficiency

The Ministry of Energy and Mineral Resources (ESDM) is establishing a bauxite price index in cooperation with related stakeholders. 

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Prabowo-Gibran officially wins 2024 Presidential Election 

The pair of Prabowo Subianto-Gibran Rakabuming Raka has officially won the 2024 Presidential Election and become president and vice president of Indonesia for the 2024-2029 period.

mining-companies-indonesia

Ministry clarifies mining business permit revocation/reinstatement

The Ministry of Energy and Mineral Resources (ESDM) has clarified the mechanism in the revocation and reinstatement of mining business permits.

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Energy Ministry delegates authority to Investment ministry to revoke mining permits

The Ministry of Energy and Mineral Resources (ESDM) has defended that the Ministry of Investment /Investment Coordinating Board has the authority to revoke mining business permit as regulated in an ESDM Ministry regulation. 

pupuk-indonesia

Government still owes fertilizer subsidy of nearly Rp1 trillion to Pupuk Indonesia

State-owned fertilizing holding company PT Pupuk Indonesia recorded the government's debt to settle fertilizer subsidies almost complete, with a remaining balance of nearly Rp1 trillion (US$ 63.5 million) for the period of 2020-2021.

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Prabowo inspects progress of presidential palace construction in IKN

Minister of Defense, Prabowo Subianto, visited the Nusantara Capital City (IKN) in Penajam Paser Utara, East Kalimantan, on Monday, to witness the construction progress of the country's future capital city.

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Japanese companies in Indonesia show strong interest in expansion, survey finds

A survey conducted by the Japan External Trade Organization (JETRO) has revealed that 49.5 percent of Japanese companies operating in Indonesia express their intention to expand their businesses. 

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Bahlil accused of fraudulent practices

The Mining Advocacy Network (Jatam) has accused Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia of fraudulent practices by setting tariffs or fees for mining companies seeking reinstatement of their rescinded licenses. 

freeport-mcmoran

Government to issue permit extension for Freeport before end of term

The decision to award the extension of PT Freeport Indonesia special mining business permit after 2041 will not be delegated to next Indonesian government, a Cabinet minister says.

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Authority defends President Jokowi’s statement on sale of IKN’s land

The Capital City of Nusantara Authority (OIKN) has responded to President Joko Widodo's directive allowing land in the Capital City of Nusantara (IKN) to be sold to investors.

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