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Indonesia: Government to issue new regulation on coal permits

The government is in the process of issuing a new¬ regulation¬ on coal miners, which is aimed at strengthening the position of the government. Under the planned¬ regulation, contracts of work (PKP2B) will be replaced by the special mining permit (IUPK). Energy and Mineral Resources Ministry mineral and coal Director General Bambang Gatot Ariyono said the planned¬ regulation¬ was part […]

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Philippines, Indonesia improve cooperation vs smuggling

MANILA,¬ Philippines¬ ‚ÄĒ The¬ Philippines¬ and¬ Indonesia¬ have agreed to strengthen their cooperation against¬ smuggling, a move seen to pave the way toward improved regional efforts against illicit cross-border trade, according to the Department of Finance (DOF). In a letter, Finance Secretary Carlos Dominguez and¬ Indonesian Finance Minister Sri Mulyani Indrawati said they are both open to work with their countries‚Äô respective customs […]

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Garuda Indonesia records best OTP in Asia Pacific

Flag carrier Garuda Indonesia has recorded the best on time performance (OTP) in the Asia Pacific with 90.4 percent of its 15,000 flights in October landing on time, according to official airline guide Flight View. Its results in October surpassed its performance in September, when it recorded 90 percent OTP arrivals, making the big five […]

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Getting richer, more Indonesians shift to premium rice

Following the consumption trend of middle-income consumers, rice producers have started to distribute more premium rice¬ instead of medium-quality rice, a report submitted to the Indonesia¬ Stock Exchange (IDX) says. The report from rice producer¬ PT Buyung Poetra Sembada (HOKI) shows that the company‚Äôs revenue¬ increased 17.78 percent from January to September¬ to Rp 1.06 trillion (US$72.14 million), compared to […]

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Indonesia: Start-ups have Opportunity to Penetrate Neighboring Countries

TEMPO.CO,¬ Jakarta¬ –¬ President Joko Widodo (Jokowi) said that the Indonesian start-up companies have the opportunity to enter the neighboring countries, but there are obstacles to penetrate the neighboring countries` markets. “Our neighbors are very scared of the Go-Jek, they are very scared, they talk to me, so they prevent us from going to the market there,” President […]

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Indonesia scores low in video experience

Indonesians experience some of the poorest¬ quality¬ online video compared with other Southeast Asian countries, a recent study has shown. The study, conducted by OpenSignal, a United States-based company that specializes in mapping wireless coverage, found that¬ Indonesia¬ scored a total 45 out of the maximum 100 in its indicators, thus putting the country in sixth place out of […]

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