Business News
Indonesia polls bring battle over Belt and Road push
Indonesia has become the latest election battleground for Beijing’s soaring economic clout, as the opposition warns pro-China policies are saddling the mineral-rich archipelago with bad debt as it is sold off piecemeal to foreign interests.Business links with top trade partner China have been thrust into the spotlight by ex-general Prabowo…
Govt accelerates Masela block development
The government is putting pedal to the metal to accelerate the development of the gas-rich Masela block in the Arafura Sea off Maluku. Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan will meet with the chairman of Royal Dutch Shell on April 21 to discuss the continuation of the block’s development.…
Anti-plastic advocates call for details on plastic excise plan
Civil organizations and other stakeholders have called on the government to come up with a clearer action plan for the excise tax on plastics, which was introduced nearly three years ago in an effort to reduce pollution and increase state revenue. Plastic packaging is the only addition to the items…
OJK prepares rules on MTN, e-bookbuilding, disgorgement funds
The Financial Services Authority (OJK) is preparing three regulations on medium-term notes (MTN), electronic bookbuiling (e-bookbuiling) and disgorgement funds, which are scheduled to be issued in the third quarter.OJK stock market supervision executive head Hoesen said the authority needed to issue the regulations so that it could supervise financial services.He…
