politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Tax incentives offered to spur domestic EV production, adoption
As part of the efforts to boost the domestic electric vehicle (EV) industry, the Indonesian government has announced a series of tax incentives aimed at attracting global EV manufacturers to produce EVs in the country.
ESDM regulates on hybrid generator tariffs
The Ministry of Energy and Mineral Resources (ESDM) will accommodate hybrid power plant tariffs in the draft Ministerial Regulation on the Principles of Renewable Energy Power Plant Electricity Purchase Agreements (PJBL). The formulation of ministerial-level regulations is a follow-up to the issuance of Presidential Regulation No. 112/2022 on Accelerating the Development of Renewable Energy for Electricity Supply in mid-2022.
Gudang Garam to construct Kediri-Tulungagung toll road
PT Gudang Garam (GGRM) is set to commence the construction of the 44.17-kilometer Kediri-Tulungagung toll road section in East Java, valued at Rp9.92 trillion (US$631.5 million).
MK rules new parliamentary threshold be applied in 2029 elections
The Constitutional Court (MK) has ruled that the parliamentary threshold of four percent of the national valid votes as stipulated in Law No.7/2017 on the General Elections is not in line with the principles of people's sovereignty, electoral justice, and violates the legal certainty guaranteed by the Constitution.
NasDem responds to allegations of gratification funds from Syahrul Yasin Limpo
The NasDem Party has responded to the statements from the Corruption Eradication Commission (KPK) prosecutor regarding the flow of gratification funds from then Minister of Agriculture Syahrul Yasin Limpo to the party.
Indonesian government debt rises to Rp8,253.09 trillion
The Ministry of Finance recorded the government's debt position in January 2024 at Rp8,253.09 trillion or equivalent to 38.75 percent of gross domestic product (GDP).
Pertamina refinery processes over 340 million barrels of crude oil throughout 2023
PT Kilang Pertamina International (KPI) processed crude oil above 340 million barrels throughout 2023, slightly higher than previous year’s position of 321 million barrels.
EU environment policy hampers Indonesian palm oil industry
One of the challenges faced by the Indonesian palm oil industry is the European Union Deforestation Regulation (EUDR) imposed by the Group of 27 European countries that will come into effect next January.
Indonesian government becomes PT Vale Indonesia's largest shareholder
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, on Monday, February 26, 2024, attended the signing of transaction documents for the acquisition of 14 percent of PT Vale Indonesia by MIND ID, making the Indonesian government the largest shareholder of the mining company.
ESDM sends team to probe alleged gas leakage at SMGP plant
The Ministry of Energy and Mineral Resources (ESDM) has deployed a geothermal inspector team to investigate the alleged gas poisoning that affected the residents of Sibanggor Julu Village, Mandailing Natal Regency, North Sumatra. Until now, the Ministry of ESDM has not confirmed the source or type of gas that caused poisoning to some local residents around the operations of PT Sorik Marapi Geothermal Power (SMGP).
MIND ID, Vale and Indonesian government to sign deals today
The Indonesian government, State-owned mining holding company MIND ID and a subsidiary of Brazilian mining company Vale, PT Vale Indonesia, are scheduled to sign a deal on divestment share's price and extension of mining business permit today, February 26, 2024.
Export destination diversification sought amidst Japanese economic recession
Experts have suggested that the government diversify its export destination for non-oil and gas commodities in the wake of economic recession that currently hit Japan, Indonesia’s main non-oil and gas export destination.