#Government
ESDM minister reveals the nation’s decarbonization targets
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, has revealed the nation’s decarbonization targets as stipulated in the draft revision of Government Regulation Number 79/2014 on National Energy Policy.
PLN supplies 8,978 MWh of green electricity to Uniqlo Indonesia
State electricity company PT PLN will provide green electricity to fashion company PT Fast Retailing Indonesia (UNIQLO) of 8,978 megawatt hours (MWh) through the Renewable Energy Certificate (REC) service as part of the commitment to support decarbonisation of the industrial sector in the country.
Indonesia-China strengthen labor cooperation, vocational training initiatives
Minister of Manpower, Ida Fauziyah, has revealed that the Indonesian government is working to strengthen labor cooperation with the People's Republic of China. The issue was discussed during her meeting with Chines Minister of Human Resources and Social Security, Wang Xiaoping, in Beijing on July 3, 2024.
Workers stage protest at J&T Ekspress office overrights violation allegations
Over a hundred of workers of logistic and freight forwarding company PT Global Bintang Timur Ekspress (J&T Ekspress) staged a protest at the company headquarters in Jakarta on Tuesday, July 8, 2024, as a response to a series of violations of labor normative rights allegedly committed by the company.
CEOR Minas investment approved, PHR to increase Rokan Block production
Pertamina Hulu Rokan (PHR), a subsidiary of State oil and gas company Pertamina, is ready to increase oil production from Rokan Block through the development of Chemical Enhanced Oil Recovery (CEOR) upon securing approval on the Final Investment Decision (FID) for CEOR Minas by PHR President Director Ruby Mulyawan on June 30, 2024.
Luhut: Indonesia's import tariff policy not targeted at any specific country
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has clarified Indonesia's plan to impose import duties of up to 200 percent on certain products, dismissing speculations that it is targeting certain countries.
Government offers tax incentives to boost investment in IKN
The government, through the Ministry of Finance, is offering various incentives, including tax incentives for land and/or building investments in an effort to encourage investment in the new capital city of Nusantara (IKN).
Vietnam’s VinFast invests US$1.2 billion in Indonesia’s assembly plant
Vietnam’s electric vehicle (EV) manufacturer, VinFast, which has entered Indonesia earlier this year, is setting up a new dealership in the Jakarta suburb of Depok and will soon invest US$1.2 billion to build a local assembly plant with a capacity of 60,000 cars per year.
Government: BASF, Eramet temporarily delay investment in Sonic Bay project
The government has claimed that Germany 's chemical company BASF and French mining and metallurgical company Eramet did not withdraw from Sonic Bay Project, but only postponed their investment while considering the direction of global trade and market, a senior government officials says.
ESDM ministry: Indonesia needs strong domestic demands to develop EV industry
Success of the development of Indonesia electric vehicle industry heavily depends on domestic demands, price difference between electric vehicle (EV ) and Non EV and the availability of EV infrastructure and after sales maintenance, a senior government official said.
Petrosea signsmining services term sheet renewal, worth US$1.08 billion
Indonesia private mining service company PT Petrosea has signed an amendment and restatement of mining services agreement term sheet with PT Global Bara Mandiri, a subsidiary of PT Singaraja Putra, for overburden removal and coal getting at a mine area located in Central Kapuas district, Kapuas regency, Central Kalimantan, on July 3, 2024.
Asaki asks govert to impose 200 percent anti-dumping duty on Chinese ceramic imports
The Indonesian Ceramic Industry Association (Asaki) asks the government to impose an anti-dumping duty (BMAD) of up to 200 percent on ceramic imports from China, citing unfair trade practices.