#Government
Erick Thohir advocates for integrated Petrochemical fertilizer industry
The Ministry of State-Owned Enterprises (BUMN) underscores the crucial role of the petrochemical industry in boosting productivity and self-sufficiency in domestic fertilizer production.
Jokowi inaugurates Rp1.2 trillion ammonium nitrate plant
President Joko “Jokowi” Widodo inaugurated PT Kaltim Amonium Nitrat (KAN), an ammonium nitrate plant operating through a joint venture between PT Pupuk Kaltim and PT Dahana in the Industrial Estate Area (KIE) of Bontang, East Kalimantan on Thursday, February 29, 2024.
Tax incentives offered to spur domestic EV production, adoption
As part of the efforts to boost the domestic electric vehicle (EV) industry, the Indonesian government has announced a series of tax incentives aimed at attracting global EV manufacturers to produce EVs in the country.
ESDM regulates on hybrid generator tariffs
The Ministry of Energy and Mineral Resources (ESDM) will accommodate hybrid power plant tariffs in the draft Ministerial Regulation on the Principles of Renewable Energy Power Plant Electricity Purchase Agreements (PJBL). The formulation of ministerial-level regulations is a follow-up to the issuance of Presidential Regulation No. 112/2022 on Accelerating the Development of Renewable Energy for Electricity Supply in mid-2022.
MK rules new parliamentary threshold be applied in 2029 elections
The Constitutional Court (MK) has ruled that the parliamentary threshold of four percent of the national valid votes as stipulated in Law No.7/2017 on the General Elections is not in line with the principles of people's sovereignty, electoral justice, and violates the legal certainty guaranteed by the Constitution.
Indonesian government debt rises to Rp8,253.09 trillion
The Ministry of Finance recorded the government's debt position in January 2024 at Rp8,253.09 trillion or equivalent to 38.75 percent of gross domestic product (GDP).
The US probes Indonesia over antisubsidy policies
The Indonesian Ministry of Trade, through the Directorate General of Foreign Trade, has facilitated the verification of the antisubsidy investigation conducted by the United States Department of Commerce (USDOC) on February 19-21, 2024, in Jakarta.
Australia affirms support for Indonesia's sovereignty, rejects separatist movement in Papua
Australia's Deputy Prime Minister and Defense Minister, Richard Marles MP, has emphasized that his country rejects and does not support the separatist Free Papua Movement (OPM) in Papua, which undermines Indonesia's sovereignty.
Government delegation holds talks in US on critical mineral program
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, reveals that an Indonesian delegation has just returned from the United States for talks on the continuation of the critical mineral program, with results of the negotiation might only be obtained after the US Presidential Election.
EU environment policy hampers Indonesian palm oil industry
One of the challenges faced by the Indonesian palm oil industry is the European Union Deforestation Regulation (EUDR) imposed by the Group of 27 European countries that will come into effect next January.
Indonesian government becomes PT Vale Indonesia's largest shareholder
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, on Monday, February 26, 2024, attended the signing of transaction documents for the acquisition of 14 percent of PT Vale Indonesia by MIND ID, making the Indonesian government the largest shareholder of the mining company.
Bahlil set to fly to Taiwan for Foxconn Investment
Minister of Investment/ Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, is planning to fly to Taiwan soon to discuss Hon Hai Precision Industry Co. Ltd or Foxconn's investment plans in Indonesia.