#Government
Indonesia secures US$3 billion investment for tourism, infrastructure development
Minister of State-Owned Enterprises (SOEs), Erick Thohir, signed a memorandum of understanding (MoU) with Eagle Hills Chairman and Emaar Founder Mohamed Ali Rashed Alabbar from the United Arab Emirates (UAE) in Dubai on Tuesday, July 16, 2024.
Dozens protest against ‘hazardous’ geothermal projects in Indonesia
Dozens of people from Flores Island, Padarincang in Serang regency of Banten province, Gede Pangrango Mount National Park in West Java, and Maluku staged a protest in front of the Directorate General of New, Renewable Energy and Energy Conservation, the Ministry of Energy and Mineral Resources (ESDM), in Jakarta on Wednesday, July 17, 2024 against hazardous geothermal projects in the country.
House plans to revive the Supreme Advisory Council
The House of Representatives (DPR) has planned to revive the New Order-era Supreme Advisory Council (DPA) through a revision of Law Number 19/2016 on the Presidential Advisory Council (Wantimpres).
BRIN highlights privatization, sale of small islands in Indonesia
The National Research and Innovation Agency (BRIN) has revealed rampant cases of privatization and sale of numerous small islands in Indonesia.
Government praised for support on rooftop solar panel industry
Players praise the government for its support in domestic rooftop solar panel industry through suitable regulation.
DMO gas policy expected to boost glass industry utilization to 90 percent
The obligation to allocate 60 percent of natural gas production for the domestic market (DMO) is expected to increase the utilization of the glass industry to 90 percent, says the Flat and Safety Glass Association (AKLP) in a statement.
BI expands QR code payment collaboration with Bank of Korea
The Indonesian Central Bank (BI) has broadened its international payment cooperation network by signing a Memorandum of Understanding (MoU) with the Bank of Korea (BoK) for QR code-based payments.
Pertamina NRE to support Bangladesh's energy transition
A subsidiary of state owned energy company Pertamina, Pertamina New & Renewable Energy (Pertamina NRE) and Coal Power Generation Company Bangladesh Limited (CPGCBL) have signed a Memorandum of Understanding (MoU) of 500 MW grid-connected solar PV project at Moheshkhali area of Cox’s Bazar, Bangladesh, and other parts of the country.
OJK supports Muhammadiyah’s move to establish, acquire Islamic Bank
The Financial Services Authority (OJK) has given the green light to the Muhammadiyah Muslim organization to establish or acquire an Islamic bank in Indonesia, citing the authority’s objective of fostering the growth of a robust and competitive Islamic banking industry.
PLN operates new 150 kV transmission for Ceria Group Smelter in Kolaka
State electricity company PT PLN energizes the first transmission line connecting its 150 kiloVolt (kV) Kolaka Substation in Kolaka regency, Southeast Sulawesi, with the substation of PT nickel mining company PT Ceria Nugraha Indotama (CNI), part of the Ceria Group.
ESDM ministry considers export relaxation for bauxite ores
The Ministry of Energy and Mineral Resources (ESDM) is considering possible relaxation for export of bauxite ores, an official said.
SOEs boost contributions to national economy, surpassing pre-pandemic levels
The Ministry of State-Owned Enterprises (SOEs) reports a steady increase in contributions from state-owned companies to the nation over the past five years, generating income of Rp2,516 trillion (US$155.5 billion) for the state through taxes, non-tax state revenues (PNBP), and dividends or profit shares.