#International
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.
PIEP opens Middle East branch in search of new oil & gas blocks
PT Pertamina International EP (PIEP) − an international upstream subholding of the State oil and gas company Pertamina − has expanded its operation in the Middle East, opening a branch office in Dubai, the United Arab Emirates, on Tuesday, July 2, 2024.
Indonesia signs MOU with Australia on energy transition cooperation
Dadan Kusdiana, Secretary General of the Ministry of Energy and Mineral Resources (ESDM) and David Fredericks, Secretary of the Australian Department of Climate Change, Energy, Environment & Water (DCCEEW) on Tuesday, July 2, 2024,signed a Memorandum of Understanding (MOU) on efforts to strengthen bilateral cooperation on energy transition.
CITIC CLSA ASEAN Forum showcases investment opportunities in Indonesia, SE Asia
Jakarta − The 20th CITIC CLSA ASEAN Forum began on Tuesday, June 11, 2024, bringing altogether over 600 delegates from 16 countries, including more than 300 institutional investors and 300 senior executives from 110 of the region’s top growth companies.
ESDM minister: Indonesia to seek new investors for Sonic Bay project
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif says the government will seek for new partners and investors after Germany's BASF and French's Eramet decided to withdraw from the Sonic Bay project in Weda Bay Industrial Estate, North Maluku.
Fossil fuel conglomerates get the benefit of biomass co-firing program: Trend Asia
Although promoted as an energy transition solution based on a "people's economy", the woody biomass industry is dominated by a conglomeration of old oligarchs, who are already fat with exploitation of fossil energy and Indonesian forestry, Trend Asia recently reported.
Jokowi pushes for the swift conclusion of IEU-CEPA to boost economic growth
President Joko “Jokowi” Widodo has instructed his cabinet ministers to expedite the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) before the State leadership transition in October this year.
Survey finds 86 percent of Indonesians support wealth tax for the rich
A new survey of adults in 18 of the world's 20 largest economies (G20 countries) has revealed a majority of support for tax reform and broader political and economic reform.
Mining companies to be impacted by weakening rupiah: Ministry
An expert staff to the Minister of Energy and Mineral Reources (ESDM) has hinted that a number of mining companies will be hit by the weakening Rupiah, while others may enjoy the benefit of the drop of the Indonesian currency.
RI poised to ratify ASEAN air transport protocol, seeking investment-job opportunities
Minister of Transportation Budi Karya Sumadi says Indonesia is determined to ratify the 12th Protocol on Air Transport Services Commitments within the ASEAN Framework Agreement on Services, having so far ratified up to the 8th protocol.
Government: Indonesia can be leading hydrogen, ammonia regional producer
The government says that Indonesia has the potential to be a leading regional producer of hydrogen and ammonia, with its competitive adavantage in clean hydrogen production.
RI-Cambodia collaborate on protecting Indonesian citizens involved in online gambling, scams
A delegation of the Indonesian Coordinating Ministry for Political, Legal, and Security Affairs went on a visit to Cambodia on June 11-15, 2024 to strengthen cooperation on the protection and handling of Indonesian citizens allegedly involved in online gambling and scam.