Day: August 15, 2024

Renewable Plays: Salim Group

Salim Group, which has interests in agriculture, automotive, finance, food & beverage, property, energy, mining (including coal) infrastructure, and technology, has long entered renewable energy business. Through Tamaris Hydro, for example, Salim is one of key developers of small hydropower projects in the country.

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Those continue to expand: KIS Biofuel

In supporting the country’s energy transition program, the Government has developed targets for the use of new renewable energy at 23% by 2025. This target might not be achieveable, but some continue to invest in the sector.

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PDIP’s Pick for 2024 Regional Elections

PDIP, the largest political party in the country, officially announced its pick for this year’s simultaneous regional elections in an event held at the Party’s new headquarters in Jalan Diponegoro, Menteng, Central Jakarta on Wednesday (Aug. 14). The Party, however, has yet to announce its pick for gubernatorial elections in key provinces such as Jakarta, West Java, East Java, Central Java, and Banten.

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Megawati Postpones Retirement

The matriarch of PDIP Megawati Soekarnoputri addressed many issues during her speech on Wednesday (Aug. 14) when PDIP announcing its regional head candidates for this year’s simultaneous regional elections. One of them is about the leadership of PDIP, in which she said that she will delay her retirement and continue leading the Party.

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Jhonlin Group & Prabowo’s Food Estate Project

Thousands of excavators have gradually arrived in Merauke, South Papua province, imported from China by the Jhonlin Group (owned by Haji Isam). Jhonlin Group already signed an order for 2,000 excavators from Chinese heavy equipment SANY on June 26, 2024 in Shanghai, China, worth Rp4 trillion. The order has been claimed as the world’s largest international order for excavators, which will be used in agricultural projects in the country.

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