In trying to reduce Indonesia’s decade-long oil trade deficit, the government is facilitating oil and gas companies that have won contracts to accelerate their investment in their blocks even before the transfer of operation. Energy and Mineral Resources Minister Ignasius … Continue reading →
The Transportation Ministry has issued two new regulations on airline tickets that will determine the calculation of airfares and price ceilings. The two regulations are in the form of Transportation Ministerial Regulation No. 20/2019 on airfares for domestic commercial airlines … Continue reading →
State-owned coal mining firm PT Bukit Asam plans to diversify its business by establishing a joint venture with state-owned diversified miner PT Aneka Tambang (Antam) to build steam and diesel power plants in East Halmahera, North Maluku. Bukit Asam president … Continue reading →
Over 300 people crowded the lobby of telecommunications company Pasifik Satelit Nusantara (PSN) in South Jakarta at 8:30 a.m. on Friday. They stared intently at a giant LED screen showing a live broadcast of a SpaceX Falcon 9 space rocket … Continue reading →
President Joko “Jokowi” Widodo has said the first toll road in Kalimantan will be opened soon with construction now 86 percent complete. “Kalimantan will have its first toll road. It will span 99.35 kilometers from Balikpapan to Samarinda [both in … Continue reading →