#Government
Task force begins task sharing for sugar self-sufficiency acceleration
The Task Force for the Acceleration of Sugar and Bioethanol Self-Sufficiency, chaired by Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, held its first meeting on Tuesday, April 30, 2024, discussing task sharing with relevant ministries/institutions that President Joko Widodo had appointed to also take a role in encouraging the acceleration of sugarcane commodity investment.
ESDM ministry embarks on nuclear energy use for sustainable power generation
In a groundbreaking move towards sustainable energy production, the Indonesian Ministry of Energy and Mineral Resources (ESDM) has unveiled plans to harness nuclear energy for power generation by 2039. This bold initiative is part of the ministry's comprehensive roadmap aimed at achieving net-zero emissions (NZE) by 2060, aligning with global efforts to combat climate change and transition to cleaner energy sources.
Indonesia-Singapore electricity export deal nears Implementation
Indonesia's ambitious plan to export electricity to Singapore is edging closer to realization, with President Joko “Jokowi” Widodo spearheading efforts to develop the nation's green energy industry. The initiative, which involves exporting electricity generated from solar power plants (PLTS) to Singapore, is seen as a key step towards enhancing bilateral cooperation and promoting sustainable energy solutions.
SOEs collaborate for sustainable development in Merauke
State-Owned Enterprises (SOEs) are actively involved in the Acceleration Task Force for Sugar and Bioethanol Self-Sufficiency in Merauke Regency, South Papua Province.
Bahlil dismisses stagnation in investment in the Nausantara Capital City
Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia dismisses speculations that investment in the Nusantara Capital City (IKN) has stagnated, saying that investment in the future capital city is being accelerated after the 2024 elections.
Bahlil discusses fate of Djarum and Wings investments in IKN
Minister of Investment/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, provided updates on the investment plans of Djarum Group and Wings Group in the Indonesian Capital City (IKN).
Industrial area entrepreneurs asks Prabowo-Gibran to improve local competitiveness
The Indonesian Industrial Estate Association (HKI) is requesting the President and Vice president-elect, Prabowo Subianto-Gibran Rakabuming Raka, to enhance the competitiveness of industrial zones amid increasingly fierce global competition.
Ministry ensures plastic raw material imports free from import restrictions
The Ministry of Industry ensures that the import of plastic raw materials such as Polyethylene (PE) and Polypropylene (PP) is not subject to import restrictions (Lartas) and is free from Technical Considerations (Pertek).
Civil society coalition seeks revocation of PT Mayawana Persada's license
A coalition of Civil Society groups together with representatives of the Kualan indigenous community in Ketapang, West Kalimantan, reported industrial plantation forest concessionaire PT Mayawana Persada to the Ministry of Environment and Forestry (KLHK) in Jakarta on Monday, April 29, 2024.
Microsoft to invest US$1.4 billion in AI development in Indonesia
Microsoft CEO Satya Nadella has expressed commitment to a substantial investment for the development of Artificial Intelligence (AI) in the country, estimated at around US$1.4 billion.
Gelora Party rejects PKS's bid to join Prabowo-Gibran government
Secretary-General of Gelora Party, Mahfuz Sidik, has rejected the offer made by the Prosperous Justice Party (PKS) to join the government led by Prabowo Subianto and Gibran Rakabuming Raka.
Indonesia records 22.1 percent increase in investment in Q1 of 2024
The Ministry of Investment has reported a 22.1 percent year-on-year increase in investment value in the first quarter of this year, reaching Rp401.5 trillion (US$ 24.7 billion). All funds were allocated to 239,644 projects within the country.