Indonesia sells 8.44 trillion rupiah in retail sukuk -finance ministry The Indonesian government on Monday sold 8.44 trillion rupiah ($613.19 million) of Islamic bonds to local retail investors to help finance its budget, the Finance […]
Government prepares Rp5 trillion for scholarship: Minister Research, Technology, and Higher Education Minister Prof Mohamad Nasir stated that the government has already prepared a budget of around Rp5 trillion for scholarships for to 90,000 university […]
GE, Samsung granted US$900m contract for Java 1 plant The developer of the Java 1 combined-cycle power plant, claimed to be the biggest of its kind in Southeast Asia, has granted an engineering, procurement and […]
China to build Indonesia’s longest bridge in North Kalimantan The Chinese government has expressed interest in building a Rp 12 trillion (US$14.50 billion) bridge, which would be Indonesia’s longest, in North Kalimantan. — The Jakarta […]
BI to Fine Rp300mn for Unlicensed Foreign Banknotes Carrier Bank Indonesia or BI will give a fine of up to Rp300 million for individuals or unlicensed corporations that are carrying foreign banknotes cross-customs with a […]
Indonesia’s Plan to Keep Power Tariffs Flat Will Cost $588m This Year Indonesia’s plans to keep electricity tariffs and some fuel prices unchanged for the next two years will cost around Rp 8.1 trillion ($588 […]
Indonesia (Again) Vows to Clean World’s Most Polluted River (video) If everything goes according to plan 2025 is set to be a big year environmentally for Indonesia, which carries the unwanted title as home to […]
E. Kalimantan coal firm fined Rp 2 billion for dumping hazardous waste An Indonesian subsidiary of a Thai coal mining company operating in East Kalimantan has been fined Rp 2 billion (US$145,000) for dumping nearly […]
Indonesia to Turn Over Yacht in 1MDB Probe to FBI Indonesia will hand over a luxury yacht seized on the resort island of Bali to U.S. authorities, police said Wednesday, giving the Justice Department an […]
Indonesia Scraps Energy Regulation Hoping To Attract $50B In Investments Indonesia has scrapped a total of 186 energy regulations and permit requirements, hoping to make its energy sector more attractive as it seeks to lure […]
Gov’t to Finalize Freeport Divestment by End of April Energy and Mineral Resources Minister Ignasius Jonan on Monday (05/03) said the government plans to conclude the divestment process of US mining giant Freeport-McMoRan’s subsidiary, Freeport […]
PLN Invests IDR721 Bln for 45,500 kW Diesel Power Plant in Riau Islands State-electricity company, PT PLN (Persero), poured an investment of IDR721 billion to build a diesel power plant (DPP) in Riau Islands. Funds […]