State-owned airport operator PT Angkasa Pura I (Persero) has budgeted up to 54 billion rupiahs to speed up constructions and development of six airports in Indonesia. Revenues earned from non-aeronautics businesses are also maximized to balance the source of income … Continue reading →
Head of Capital Investment Coordinating Board (BKPM) Thomas Lembong said President Joko Widodo held a business meeting with a number of Australian business investors on his first day in Australia. The Indonesian president discussed issues on cooperation in mining and … Continue reading →
State oil and gas company Pertamina is currently looking for strategic partners and investors to develop the Grass Root Refinery (GRR) project in Bontang, East Kalimantan. The refinery is expected to be fully operational by 2023 at the latest. The … Continue reading →
The Trade Ministry has distributed circulars to inform officials that business permits (SIUP) no longer need to be renewed and that registration certificates (TDP) can be renewed online. “We’ve eliminated the SIUP renewal obligation. For TDP, as the law obliges … Continue reading →
Indonesia has a huge potential for investment in renewable energy, especially for waste and geothermal energy, according to the Energy and Mineral Resources Ministry. “There are 13 regions in Indonesia which have geothermal energy potential,” the ministrys Director of Geothermal, … Continue reading →