Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
INDEF criticize economic growth and benefit of Indonesia's downstream nickel program
Faisal Basri, a senior economist from the Institute for Development of Economics and Finance (INDEF) said that the downstreaming program by President Joko "Jokowi" Widodo only benefited China.
Plans to ban silica sands export do more harm to domestic mining operations
President Joko "Jokowi" Widodo had plans to prohibit the export of silica sand or quartz sand. According Jokowi him, similar to other mineral commodities, quartz sand will be utilized in the development of the electric vehicle (EV) ecosystem.
OJK to regulate dividend distribution in banks
The Financial Services Authority (OJK) intends to regulate the mechanisms of profit distribution and dividend sharing among banks. OJK noted that the dividend payout ratio provided by the national banking industry to shareholders has been excessively high. Ideally, banks should prioritize allocating profits to strengthen their capital.
IKN Authority partners with universities and stakeholders to transform IKN into a sustainable ecotourism hub
The IKN Authority collaborates with various parties to realize IKN as an ecotourism city that uses the concept of a sustainable urban forest.
Malaysia to construct railway connection to Kalimantan, probably the new Nusantara Capital City
The Malaysian federal government has ambitious intentions to enhance the nation's railway network, which also involves establishing a train connection to Indonesia's Kalimantan province.
Indonesia's Geological Agency to unlock vast rare earth metal potential in Sulawesi, proposing new mining concessions
The Geological Agency of the Ministry of Energy and Mineral Resources will propose a mining business permit area concession (WIUP) for rare earth minerals in Mamuju, West Sulawesi and work with a number of companies to manage this mining area.
Freeport Indonesia seeks fairer resolution in dispute over new export duty regulations
Freeport Indonesia could file a lawsuit regarding the new regulation on Indonesian export duties due to objections to its provisions.
UK and United Arab Emirates companies express commitments to explore the Andaman Block off the coast of Aceh
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has reported that further exploratory drilling will be carried out in several work areas (WK) in the Andaman Sea, off the coast of Aceh.
Al-Zaytun islamic boarding school to remain open and fostered, ensuring continued education for over 5,000 students
Ridwan Kamil, Governor of West Java announced the results of inter-ministerial coordination in discussing the fate of the Al-Zaytun Islamic Boarding School not to be dissolved.
The Ministry of Trade proposes higher excise duties on e-cigarettes to safeguard vital tobacco industry and support farmers
The Ministry of Trade (Kemendag) will impose high excise duties on e-cigarettes. This policy was enacted as a response to protect the tobacco industry, which is related to the affairs of many people in Indonesia.
Minister threatens to revoke mining licenses of upstream oil and gas companies
The Ministry of Energy and Mineral Resources (ESDM) has emphasized that it will impose sanctions, ranging from suspension to revocation of business permits, for downstream oil and gas companies that fail to report their business activities.
KPK and TNI conduct joint investigation into alleged corruption in Basarnas
The Chief of the Corruption Eradication Commission (KPK), Firli Bahuri, and the Commander of the Indonesian National Armed Forces (TNI), Admiral Yudo Margono, have agreed to conduct a joint investigation to resolve the alleged bribery case involving Vice Air Marshal Henri Alfiandi.