Business News
Indonesia Plans to Stop Importing Fuel, LPG by 2030
The Energy and Mineral Resources (ESDM) Minister Arifin Tasrif on Tuesday’s National Energy Council (DEN) plenary said Indonesia plans to stop the imports of fuel (BBM) and LPG in 2030. The meeting was led by President Joko “Jokowi” Widodo which aimed to discuss the national strategic plans from 2021 to…
Indonesian coal miner Adaro Energy looks to renewables
Major Indonesian coal miner Adaro Energy aims to enter the renewable energy sector this year, CEO Garibaldi Thohir said on Monday, calling biomass, hydrogen and solar power the company's top options.Thohir said Adaro is currently drawing up a "Green Initiative" and plans to announce details in coming months. Over the…
Infrastructure development in Baluran becomes national priority
Surabaya, East Java (ANTARA) - Infrastructure development in several coastal tourism destinations in Baluran Situbondo National Park, East Java, are included in the national priority, National Development Planning (PPN) Minister, concurrently National Development Planning Agency (Bappenas) Head Suharso Monoarfa stated. "Infrastructure development at the Merak-Baluran tourist destination is a national…
How Indonesia plans to benefit from EFTA trade deal
The House of Representatives has recently approved a draft trade deal with the four-member European Free Trade Association (EFTA) that is expected to facilitate foreign investment and liberalize trade in goods and services, particularly commodities such as palm oil and raw metals.The Indonesia-EFTA Comprehensive Economic Partnership Agreement (IE-CEPA) was approved…
