#Corporate
DPR eyes liberalization agenda with power wheeling scheme in renewable energy bill
The House of Representatives (DPR) received harsh criticism for its proposal to include power wheeling in the problem inventory list (DIM) during the deliberation of the renewable energy bill. Activists and experts have seen the power wheeling policy as a form of liberalization of Indonesia's power sector that only benefit private sector.
Morowali riot sets a time bomb for Indonesia’s nickel industry
The riot in PT Gunbuster Nickel Industri (GNI) on January 14, 2023, between domestic and Chinese workers has signaled an underlying structural problem in the unfair treatment of labors in the industry.
Civil society group accuses Amman Mineral for violating laws on CSR and manpower
A civil society group has accused gold and copper company PT Amman Mineral Nusa Tenggara (AMNT) for violating Law No. 4/2019 on Coal and Mineral and regulations on Corporate Social Responsibility (CSR) and manpower issues.
The state should serve as a mediator to prevent Morowali riot from recurring
The state should be present to mediate the workers and foreign investors in cases that could trigger violent acts such as the Morowali riot, which claimed two lives, and prevent the incident from recurring in the future. The root of the problems lies on inequality in working condition, job security, decent salary and social security between local and Chinese workers.
What to consider before investing in Special Economic Zone
The government has prioritized the development of Indonesia's Special Economic Zones (SEZs) in order to attract over US$ 50 billion in foreign investments over the next decade, according to aseanbriefing.com.
Textile, furniture industries will not survive in 2023
Despite the Ministry of Industry's projected growth of 5.36% in the manufacturing, two industries will not survive in 2023: Textile and garment as well as furniture and craft.
Coal, gold still dominate mining industry in 2023
The mining industry in Indonesia has been facing several challenges in recent years, including a fluctuating commodity market, environmental concerns and the uncertainty of regulations, which could be inconsistent. However, two mining commodities will still shine in 2023: Coal and gold.
10 most popular e-wallets among Indonesians
In this digital era, the volume of financial management instruments is increasing in Indonesia. Banking and/or non-banking institutions have issued various innovations to help the public manage their finances more efficiently. The presence of an e-wallet is a proof of its implementation.
Top 10 insurance companies in Indonesia
The insurance industry in Indonesia has been growing in recent years, due to the increasing awareness among the people on the importance of insurance. The government has also raised its efforts to increase insurance penetration in the country. The insurance industry is regulated by the Financial Services Authority (OJK) and comprises of both state-owned and private companies.
Digital Rupiah: Is it the future of Indonesia's currency in digital era?
The use of cryptocurrency as a legal payment in Indonesia is still prohibited. However, in 2022, Indonesia has started to develop a digital currency called the Indonesia Central Bank Digital Currency (CBDC). It is different from cryptocurrencies because they are legal and managed by Bank Indonesia so that the volatility of their value is expected to be more stable.
NGO mapping and financing in Indonesia
NGOs in Indonesia have served as a significant factor in advancing public or social welfare goals. There are countless NGOs in Indonesia, both international and national/local.
How BKPM secures Indonesia's investment growth during pandemic
In the midst of the COVID-19 pandemic in Indonesia, the Investment Coordinating Board (BKPM) has continued to offer investment opportunities in accordance with President Joko “Jokowi” Widodo's instruction.