#Government
Indonesia plans coal-to-gas power conversion, investment for energy transition
The Ministry of Energy and Mineral Resources (ESDM) has planned to supply electricity needs for processing and refining facilities (smelters) in Sulawesi by converting coal to gas.
ESDM minister: Indonesia will unlikely achieve its energy mix target
Indonesia will unlikely achieve its energy mix target of between 17 percent to 19 percent by 2025 as the country’s energy mix just reaches 13 percent to 14 percent, says Energy and Mineral Resources (ESDM) Minister Arifin Tasrif.
Separatist group kills New Zealand pilot in Papua
Over a year has passed since Egianus Kogoya-led separatist Free Papua Movement (OPM) group in Nduga, Papua Mountains province, kidnapped a New Zealand pilot in February 2023, a separate Mimika-based OPM group took hostage and murdered a helicopter pilot also of New Zealand nationality in Alama district, Central Papua province, on Monday morning, August 5, 2024.
Indonesia's economic growth outpaces China, Singapore, and South Korea: Airlangga
Coordinating Minister for the Economy, Airlangga Hartarto, says that Indonesia's economic growth has surpassed that of China, Singapore, and South Korea, booking a 5.05 percent growth year-on-year in the second quarter of 2024.
Indonesia-S’pore economic cooperation: Strong partnership for financial innovation
The economic cooperation between Indonesia and Singapore not only showcases a robust bilateral partnership but also fosters new innovations in the regional financial sector as both countries continuously strive to strengthen economic integration through various strategic initiatives.
Indonesia monitors U.S. economic risks amid potential recession
Coordinating Minister for the Economy, Airlangga Hartarto, expresses concern over potential economic risks for Indonesia if the United States experiences a recession as such a crisis could trigger capital flight from Indonesia's domestic market to the U.S. due to higher interest rates domestically compared to the inflation rate.
OJK vows to strengthen “rural banks”
The Financial Services Authority (OJK) has reaffirmed its commitment to strengthening Community Credit Banks or Rural Banks (BPR) as a primary work priority. This initiative aims to ensure that BPR can operate optimally and support economic growth, particularly in providing loans to Micro, Small and Medium Enterprises (MSMEs).
ESDM ministry to issue regulation on Carbon Capture Storage
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, reveals that he will soon issue a ministerial regulation on carbon capture and storage (CCS).
Indonesia develops mineral industry to support energy transition, EV industry
Indonesia is attempting to use its mineral industry to support the development of electric vehicle and renewable energy industry.
IKN has superior quality drinking water, surpassing bottled options: PUPR ministry
The Ministry of Public Works and Housing (PUPR) reveals that the Nusantara Capital City (IKN) in East Kalimantan has clean drinking water facilities and better quality compared to bottled drinking water (AMDK).
Indonesia’s gas production to increase after start of new projects in 2025
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, is optimistic that Indonesia can achieve gas production target of 12 Billion Cubic Feet (BCF) in 2030 following the continuing positive production trend within three years and the start of new projects.
Indonesia attempts to maintain oil production amidst declining trend
Indonesia is trying to increase its oil production that has been dropping since 2020, reversing the declining production trend by exploiting old oil fields and try to find new oil fields.