Business News
The Ministry of Investment has a fiscal role for specific investor needs
The transformation of the Investment Coordinating Board (BKPM) into the Ministry of Investment is expected not only to change the nomenclature of the institution, but to expand its functions and powers. This is necessary so that the main objective of this ministry to be established, namely to attract investment, can…
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…
