Author: yosefardi.com

Revocation of permits in timber and plantation also hit major business groups (2)

Minister of forestry and environment affairs Siti Nurbaya, a politician from NasDem Party, has issued a decree on revocation of forest concession granted to 192 companies covering 3.12 million hectares in the period of 2015-2021. Some of them are active plantation companies, including those owned by giants listed on Singapore Exchange (SGX), KLSE, and IDX.

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Revocation of permits in timber and plantation also hit major business groups

President Joko ‘Jokowi’ Widodo repeatedly said he would not hesitate to revoke neglected concessions even if the holders are tycoons. He delivered. After revoking thousands of permits in mining sector, the government has revoked timber and plantation concessions of 11 companies in West Kalimantan province alone affecting nearly 200,000 hectares.

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Tan Paulin vs Herry Beng Koestanto

A hearing between minister of energy & mineral resources Arifin Tasrif and lawmakers at House Commission VII on Thursday (Jan 13) was heated by discussion about illegal miners. One lawmaker from Democratic Party, Muhammad Nasir (brother of Nazaruddin, former treasurer convicted in series of corruption cases), questioned Arifin why ‘coal queen’ Tan Paulin yet to be arrested.

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The Fate of KPC & Bakrie Group’s Resistance

The future of the largest coal mining concession in the country belonging to the Bakrie Group’s Kaltim Prima Coal (KPC) is uncertain. The contract expiration period for KPC’s coal mine ended on December 31, 2021. The renegotiation process started two weeks ago, but the Ministry of Energy and Mineral Resources had to postpone the process. So, the renegotiation is supposed to begin any day now.

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Prabowo-SBY Meeting

The Minister of Defense Prabowo Subianto, who is also the chairman of Gerindra Party, coincidentally met with the sixth President Susilo Bambang Yudhoyono (SBY), who is also the supreme leader of the Democratic Party. The meeting happened in an inauguration ceremony event of former Health Minister Dr. dr. Terawan Agus Putranto SpRad as honorary professor at the Defense University (Unhan) on Wednesday (Jan. 12). But there’s no coincidence in politics.

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A Sign from Mandalika

President Joko “Jokowi” Widodo visited West Nusa Tenggara (NTB) province on Thursday (Jan. 13) to inspect the preparation of the Mandalika International Street Circuit to host the 2022 MotoGP. Interestingly, the former Military Commander (Panglima TNI) Air Chief Marshal (ret) Hadi Tjahjanto was accompanying the President on this visit.

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