Business News

Minister Mulls Subsidizing Pertamax for Environment's Sake

Energy and Mineral Resources Minister Ignasius Jonan said Tuesday he is considering subsidizing Pertamax gasoline to encourage people to use fuels with lower carbon emissions.Pertamax, a type of gasoline produced by state-owned energy holding company Pertamina, has a research octane number of 92 and meets Euro IV standards for fuel.“In…

Government Encourages Local Administrations to Implement Enrollment Zoning System

The Education and Culture Ministry's director general for secondary education, Hamid Muhammad, said in Jakarta on Monday that all regulations/policies related to education were aimed to enhance the quality of education, which had become the government’s focus when it came to education.“We started to boost the quality of education in…

Indonesia Deregulates Palm Oil Exports

The new regulation on the export of palm crude oil (CPO) and its derivative products has taken effect and is part of the government’s plan to simplify the export procedures of the country’s major commodity.On Monday, the Trade Ministry announced the revocation of Trade Minister Regulation No 54/2015 on technical…

MINDSET CHANGE, STRONG LEADERSHIP REQUIRED TO PROMOTE ELECTRIC MOBILITY

Rapid urbanization has led to traffic congestion and pollution, with the United Nation projecting that the number of the world’s population living in cities will increase by 55 percent today to 68 percent by 2050. Against this backdrop, cities worldwide are eager to address urban challenges by adopting a smart…
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