Business News
Jonan: No More Coal Power Plants Construction
Thursday, 12 April, 2018 | Energy and Mineral Resources Ignasius Jonan has decided there will be no more coal-fueled power plant construction, especially in the island of Java. The decision was made on the basis of the Indonesian government’s commitment to anticipating climate changes. "In Java, there will be no…
Indonesia Seeks to Regulate More Fuel Prices as Elections Loom
April 9, 2018 | Motor fuel retailers including PT Pertamina and Indonesian units of Royal Dutch Shell Plc and Total SA will soon need government approval before raising prices as Southeast Asia’s largest economy seeks to cap inflation ahead of elections. President Joko Widodo’s government plans to issue a new…
Trade Minister Plans to Retaliate to EU Ban on CPO
Monday, 09 April, 2018 | Trade Minister Enggartiasto Lukita has reported to Vice President Jusuf Kalla on developments surrounding crude palm oil [CPO] exports to Europe and the United States, plus the country’s treaty with the European Union Comprehensive Economic Partnership Agreement [EU CEPA]. During the one-hour talks, Enggartiasto asked…
New Regulation makes it Easier for Foreigners to Work in Indonesia
6 April 2018 | the government of Indonesia issued Presidential Regulation No. 20/2018 on the Use of Foreign Workers in Indonesia. This new regulation aims at simplifying the permit application process for foreign workers, hence making the process more efficient and faster. Among the key changes is that the previously…
