Business News
Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn
State-owned toll road operator Jasa Marga plans to issue up to Rp 1 trillion (US$68 million) of commercial paper (SBK) with one-year maturity date to provide additional capital, executives say. Jasa Marga’s corporate finance head Eka Setia Adrianto on Wednesday said the company was looking for alternative ways to fund…
Impact of Investment Trends, Business Models That Are Not Just Seeking Profits
The potential for investment to have an impact is actually very large in Indonesia. However, even though it can have a positive impact on society in addition to generating financial benefits, currently it has not been worked on in Indonesia. Based on Mekar Indonesia’s data, the potential of impact investment…
The Permentan (Minister of Agriculture Regulation) ISPO Sawit is targeted to be completed by the end of August
This regulation aims to improve the governance of Indonesia Sustainable Palm Oil (ISPO) by opening spaces for stakeholder participation.The government is currently drafting regulations derived from Presidential Regulation Number 44 of 2020 regarding the Indonesian Sustainable Palm Oil Certification System. This derivative regulation in the form of Minister of Agriculture…
Indonesia Allows Private Sector to Develop Electric Vehicle Infrastructures
The Energy and Mineral Resources Ministry is providing the chance for private enterprises to help develop Indonesia's electric vehicle supporting infrastructures. The supporting infrastructures are classified into recharging stations (SPKLU) and the electric vehicle battery exchange (SPBKLU). According to the Energy and Mineral Resources Ministry Regulation No.13 of 2020, enterprises…
