The government has issued another temporary permit extension for gold and copper miner PT Freeport Indonesia (PTFI) as the divestment process of shares from Freeport-McMoran (FCX) to state-owned mining holding company PT Indonesia Asahan Aluminium (Inalum) is still incomplete. The temporary special mining permit (IUPK) is being issued by the government as the previous temporary […]
Read MoreFast-growing digital technology and connectivity are reshaping consumer behavior. According to the latest report by London-based strategic market research company Euromonitor International, which breaks down consumer trends and spending in Indonesia, digital technology, connectivity and social media play an important role in how consumers make decisions. Euromonitor groups the products and services into five categories […]
Read MoreSome 80 businessmen from Cambodia and Indonesia gathered at a trade fair in Phnom Penh on Wednesday to forge partnerships and explore ways to boost bilateral trade. “It’s very important for us to see the future. We should be clear on the many ways we can cooperate in the short and medium terms,” said Indonesian […]
Read MoreThe government and American mining giant Freeport-McMoran (FCX) plan to sign a sales and purchase agreement on Thursday afternoon in what would be another step toward majority ownership of PT Freeport Indonesia (PTFI) by state-owned mining holding company PT Indonesia Asahan Aluminium (Inalum). The agreement is one of three required for the divestment process of PTPI’s shares. The two […]
Read MoreState-owned energy holding company Pertamina’s oil imports stood at an average of 393,000 barrel per day (bpd) up to August, 6 percent higher than in the entire year of 2017, when it imported 370,000 bpd on average. The company’s official presentation, circulated among the media on Wednesday, shows that Pertamina’s gasoline imports stood at 316,000 bpd, […]
Read MoreTEMPO.CO, Jakarta – Small and medium-sized enterprises (SMEs) are reportedly affected by the weakened rupiah to US dollar exchange rate. According to Gati Wibiwaningsih, Industry Ministry’s director general of SMEs said that SMEs with an export market are not as affected as others that are limited to the domestic market, which presents several problems. “Some of their raw materials are imported, there is definitely an […]
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Thailand
