Indonesia saw in 2017 on a strong footing with better a global environment supported by the country’s fiscal performance and better quality of spending, according to the World Bank’s Indonesia Economic Quarterly report released this month. The report also highlights … Continue reading →
The government will announce the 15th economic policy package this afternoon. “Policy package relating to logistics,” Cabinet Secretary Pramono Anung said today on the Presidential Palace compound in Jakarta. The government expects the 15th economic policy package to lead to … Continue reading →
The Energy and Mineral Resources Ministry has simplified licensing procedures in all sectors under its authority as part of efforts to increase investment inflows, Energy and Mineral Resources Minister Ignatius Jonan said. The ministry realized that not all sectors under … Continue reading →
The government and Freeport Indonesia are still not in agreement over several aspects of the latter’s contract of work (CoW) conversion to a special mining permit (IUPK), an official has said. The Energy and Mineral Resources Ministry’s secretary-general, Teguh Parmudji, … Continue reading →
The Industry Ministry has said it sees potential customers for gas produced by the Masela block in the Arafura Sea among fertilizer and petrochemical businesses. Those industries will be developed once the location of the Masela field’s onshore liquefied natural gas (OLNG) … Continue reading →