Friday, April 19, 2024

Tag: Government

PT Freeport Indonesia (PTFI) has deposited around Rp3.35 trillion (about US$207 million), or about sevent percent out of its 2023 profit of Rp48.79 trillion, to the regional administrations in Papua. […]
Minister of Communication and Informatics, Budi Arie Setiadi, has revealed that a top executive of another U.S. tech giant will soon visit Indonesia days after Apple Inc.’s boss, Tim Cook, made the visit here on Wednesday. […]
The Coordinating Ministry for the Economy held a coordination meeting with all Deputy Ministerial elements along with the Ministry of Foreign Affairs and several Ambassadors on Monday, April 15, 2024 in response to developments in the Middle East conflict following Iran’s retaliatory offensive against Israel.  […]
The textile and textile product (TPT) industry asks all stakeholders to comply with import restriction policies as regulated in Minister of Trade Regulations No. 36/2023 and No. 3/2024 on Import policy and control.  […]
The government has spoken out regarding Indonesia’s stance on Iran’s recent attack on Israel, asking the United Nations Security Council (UNSC) to take swift action to de-escalate tensions in the region. […]
A statement by Speaker of the People’s Consultative Assembly (MPR) Bambang Soesatyo which suggests that democracy in Indonesia does not require opposition has drawn criticism from experts.  […]
The Indonesian Ministry of Foreign Affairs has confirmed that Pope Francis, the leader of the Catholic Church, will visit Indonesia from September 3rd to 6th, 2024. The arrival of His Holiness is a state invitation extended by President Joko Widodo. […]
Canadian Ambassador to Indonesia, Jess Dutton, has expressed Canada’s readiness to advance and strengthen bilateral cooperation with Indonesia’s new government.  […]
Indonesia and Kazakhstan have agreed to enhance cooperation in the fields of mining and energy, transportation and connectivity, as well as digital and creative economy.  […]
In the wake of the quinquennial political festivity, the movement towards reconciliation among competing factions within Indonesia’s political coalition has become an integral part of the country’s political dynamics. […]
Cooperation among government’s agencies and ministries is needed to prevent corruption cases, such as the alleged corruption at PT Timah which has incurred US$ 13.6 billion in State losses based on calculation of an IPB University expert.  […]
Defense Minister and President elect Prabowo Subianto paid a courtesy call on Malaysian Prime Minister YM Dato’ Seri Anwar Ibrahim on Thursday, April 4, 2024, discussing improvement for bilateral defense cooperation. […]
Minister of Public Works and Housing (PUPR) Basuki Hadimuljono has provided an update on the Nusantara Capital City (IKN) project development throughout 2023 to the Indonesian House of Representatives’ Commission V, highlighting the support for basic infrastructure development for the capital city at Rp24.97 trillion (US$1.7 billion). […]
Minister of Public Works and People’s Housing Basuki Hadimuljono has the potential to serve once again in the Cabinet of the next government, says a House of Representatives (DPR) legislator. […]
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has defended that the granting of permit extension for PT Vale Indonesia’s contract of work and its conversion into special mining business permit (IUPK) until 2035 is meant to give certainty for raw materials availibility for downstream industry. […]
Minister Prabowo Subianto paid a courtesy call on Japanese Prime Minister Fumio Kishida in Tokyo, Japan, on Wednesday, April 3, 2024, particularly discussing deeper defense cooperation between Indonesia and Japan.  […]
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) along with Contractor Cooperation Contract (KKKS) Prima Energy Northwest Natuna Pte. Ltd. (PENN) has concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) oil field. The revised PoD has been approved by Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif on […]
The process of issuing a special mining business license (IUPK) for PT Vale Indonesia (INCO) is nearing completion. The document for the 20-year contract extension will be processed by the Ministry of Investment. […]
The government’s debt has reached Rp8,319.2 trillion (US$522.3 billion) by February 29, 2024, an increase from the end of January, which amounted to Rp8,253.09 trillion. This government debt is equivalent to approximately 39.06 percent of the gross domestic product (GDP), continuing the all-time high trend. […]
Indonesian Defense Minister Prabowo Subianto separately met with Chinese Prime Minister Li Qiang and Defense Minister Admiral Dong Jun in Beijing at the end of his visit to China on Tuesday, April 2, 2024. […]
Defense Minister Prabowo Subianto discussed measures to strengthen Indonesian-China bilateral strategic partnership during a meeting with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on Monday, April 1, 2024. […]
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signaled a positive outlook regarding the planned transition of the Offshore North West Java (ONWJ) Block contract scheme. This transition, from a gross split to cost recovery model, is poised to unlock new opportunities for investment, development, and growth in Indonesia’s oil and gas sector. […]
Italian shipbuilding company, Fincantieri, has joined forces with the Indonesian Ministry of Defense in a groundbreaking agreement worth €1.18 billion for the procurement of two cutting-edge PPA Units. […]
The Ministry of Energy and Mineral Resources (ESDM), through the Directorate General of Mineral and Coal, is embarking on an initiative to reauction eight areas of mineral and coal mining business licenses (WIUP). […]
During the Indonesia-Singapore Business Forum 2024 in Singapore on March 27, 2024. Coordinating Minister for the Economy Airlangga Hartarto held a limited meeting with Singaporean business figures closely linked to Indonesia.  […]
The Constitutional Court began on Wednesday, March 27, 2024, the hearings of the lawsuits filed by presdential-vice presidential candidates pair number 1 Anies Baswedan-Muhaimin Islandar and pair number 3 Ganjar Pranowo-Mahfud MD. […]
The Indonesian government, through the Ministry of Energy and Mineral Resources (ESDM), and the United States have signed a Memorandum of Understanding (MoU) on Clean Energy Working Group Indonesia-US. […]
The Ministry of Industry is actively promoting the development of downstream aluminum industries, despite minimal investment interest and production expansion from existing smelters. […]
The Indonesian government has identified the ambitious development projects of Pantai Indah Kapuk (PIK) and Bumi Serpong Damai (BSD) as national strategic projects (PSN), signaling a significant milestone in the nation’s infrastructure development agenda. […]
The losing pairs of presidential and vice presidential candidates in the 2024 presidential election, namely Anies Baswedan-Muhaimin Iskandar and Ganjar Pranowo-Mahfud MD, have filed their lawsuits with the Constitutional Court through their respective legal teams.  […]