Nov 28, 2014 | Industries
State-owned oil & gas company PT Pertamina wrote to the Minister of Energy and Mineral Resources (ESDM) Sudirman Said regarding the contract of Total E& P and INPEX Corporation on the management of the Mahakam block that is due to expire in 2017. Pertamina is...
Nov 27, 2014 | Industries
Minister Ignasius Jonan is one of the cabinet members that many expect to succeed. As the former CEO of the State-Owned Railway Company PT KAI, many believe that Jonan will do a great job as Minister of Transportation. Breakthroughs are expected, but this is a tall...
Nov 26, 2014 | Industries
One of President Joko “Jokowi” Widodo’s main program is food self-sufficiency. As a part of that program is ensuring adequate irrigation for farmlands all over Indonesia. This is why Jokowi’s administration is on the aggressive with dam...
Nov 26, 2014 | Industries
International media reported on Tuesday that Singapore’s GIC and Rajawali Group, controlled by tycoon Peter Sondakh, have signed a memorandum of understanding to jointly invest up to US$500 million in Indonesia’s property sector. This is the second...
Nov 26, 2014 | Industries
Minister of energy and mineral resources Sudirman Said took only two weeks to amend Regulation No 21/2013 about power plant projects to be built by state-owned PT Perusahaan Listrik Negara (PLN) and independent power producers (IPPs). Sudirman has on November 6, 2014...
Nov 26, 2014 | Industries
Governors of 29 provinces all over the nation have set minimum salary for 2015 in their individual areas. Four provinces in the populated areas of Java Island have yet to set the minimum salary, but so far business people have to brace for an average of 12.5% hike...
Nov 25, 2014 | Industries, News Group
Bisnis.com news portal reported earlier today that the Government will continue the Northern Capital Integrated Coastal Development (NCICD) project, otherwise known as the Giant Sea Wall project. The online news portal received confirmation of the news from Donny...
Nov 24, 2014 | Industries
More access roads within the Soekarno-Hatta international airport compound have been closed down for the development of the airport train station. The spokesperson of PT Angkasa Pura Soerkarno-Hatta main branch Yudis Tiawan told reporters today that 400 piles have...
Nov 21, 2014 | Industries
President Joko Widodo’s decision to scrap fuel subsidy and redirecting the State Budget to develop infrastructures might boost foreign direct investment (FDI) to the country. That’s probably why shares of industrial estate developers gained significantly...
Nov 21, 2014 | Industries
World Steel Association, which collect data from 65 countries, reported flat crude steel production last month compared to the same month of 2013. Lower output in China and Japan contributed to the situation. What that means for Indonesia, which unfortunately has...
