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Indonesia Plans to Step Up Use of New Renewable Energy

TEMPO.CO, Jakarta – The government is planning to increase the use of new renewable energy for electricity by 2025. The Electricity Provision Business Plan (RUPTL) 2017-2026 signed in March says that the uptake of new renewable energy will be increased from 19.6 percent to 22.6 percent by 2025. The government will optimize local energy sources […]

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Indonesia: REI : Apartment Tax Hurts Property Sector

TEMPO.CO, Jakarta – Real Estate Indonesia (REI) asked the Indonesian Government to cancel its plans in implementing a special task for empty and unrented apartments. According to REI Secretary General of the Central Board, Paulus Totok Lusida, the plan can have negative implications on the industry’s development and national economy. Other than that, Paulus said, property […]

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Indonesia: Textile Industries Provide 3 Million Jobs: Industry Minister

TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said textile products and textile industries are strategic industries that give a big contribution for the economy. According to him, the government prioritizes the development of these labor-intensive and export-oriented industries in order to be able to compete at the global level. “Textile industries can also become social security […]

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Indonesia: Gov’t to Implement One-Price Fuel Policy in 54 Areas This Year

TEMPO.CO, Jakarta – Energy and Mineral Resources Minister Ignasius Jonan said the government is focused on implementing one fuel price policy in 3T regions (the frontier, outermost and remote regions). The minister added that the program is also aimed at reducing disparity of basic commodity and fuel prices all over Indonesia. Therefore, Jonan said, this year the government hopes that […]

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British Petroleum Expands to Indonesian Retail Fuel Market

TEMPO.CO, Jakarta – UK-based oil and gas company British Petroleum (BP) expanded its business in Indonesian retail fuel market. The company has joined hands with local fuel distributor PT Aneka Kimia Raya Corporindo Tbk (AKR), after signing an agreement on April 5, 2017, in London. Both parties agreed to establish a joint venture in the fuel business. […]

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