Indonesia’s ambitious oil refinery development plans are prone to delays and even cancellations due to the country’s notorious policy flip-flop, according to global think tank BMI Research, a unit of Fitch Group. State-owned energy giant Pertamina is currently in the process of upgrading its four existing refineries and building two new ones in a bid […]
Read MoreThe government has allowed foreign investors to bid for mining concessions with a total area of more than 500 hectares, while smaller areas will be prioritized for regional administration-owned enterprises (BUMD) operating in their regions. The Energy and Mineral Resources Ministry recently issued Regulation No. 11/2018 through which it introduced detailed stipulations regarding the auction of […]
Read MoreThe government will decide whether to resume the 20 percent biodiesel blend ( B20 ) policy for the locomotive sector by the end of June, when it expects to complete a fuel performance test in Sumatra. The government decided in May 2017 to relax the B20 policy for locomotives operated by state-owned railway company PT KAI following […]
Read MoreIndonesia has expressed its hope that a free trade agreement (FTA) between ASEAN and the European Union (EU) can boost small and medium enterprises (SMEs) and subdue a negative campaign against palm oil. Speaking during the 16th consultation of ASEAN Economic Ministers (AEM)-EU Trade Commissioner in Singapore on Friday, Trade Minister Enggartiasto highlighted the crucial role […]
Read MoreJAKARTA: Indonesia said on Friday it would allow work on 38 of 40 suspended elevated infrastructure projects, including rail and road works, to resume after they passed a safety review. Indonesia suspended construction after a series of accidents raised concern about safety as the government boosts infrastructure development. Under the drive, a series of projects […]
Read MoreTEMPO.CO, Jakarta – PT Mobil Anak Bangsa (MAB), a local producer of electric busses, is reviewing investors` offers from a number of countries. These investors have stated their interest to invest in Indonesia by building battery factories. “We welcome investors’ plans because the existence of battery factories is a crucial issue behind the emergence of the electric buses […]
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Thailand
