Business News

BKPM Chief Pledges to Assist Investments Worth Rp 300 Trillion as Pandemic Deals Blow

The Investment Coordinating Board (BKPM) is looking to debottleneck Rp 300 trillion worth of investment commitments in the pipeline as the pandemic slows down investment realization. Despite the COVID-19 crisis, the BKPM vows to continue working hard to assist potential investors, untangling the investment process to attract higher investment realization…

Emergency stay permits to no longer be issued for foreigners as Indonesia enters ‘new normal’

The Immigration Directorate General has updated a number of regulations regarding foreigners who have been granted emergency stay permits by the Indonesian government because of travel restrictions amid the ongoing COVID-19 pandemic.The latest regulations – which were announced by the directorate general on its official Twitter account @ditjen_imigrasi – affects…

PTBA Opens Tender for Building Golf Courses and Its Supporting Facilities

World-class Energy Company PT Bukit Asam Tbk. (PTBA) plans to build a golf course and its supporting facilities in Tanjung Enim, South Sumatra to provide added value to the company. Therefore, the Company invites national and international companies in the field of design and construction services interested in participating in…

Jokowi signs controversial new Mining Law: Expert staff

President Joko “Jokowi” Widodo has signed the new Coal and Mineral Mining Law, which is meant to expand Indonesia’s mining industry but is marred with controversy over its socioenvironmental impacts and lack of procedural transparency.According to a copy obtained by The Jakarta Post, Jokowi signed Law No. 3/2020 on June…
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