ECONOMY

Regulatory uncertainty Impedes 35,000 Program: APLSI Survey

The Indonesian Independent Power Producers Association (APLSI) revealed three challenges faced by the government in developing the electricity sector: Regulatory uncertainty, lack of coordination between ministries and management issues in the 35,000 MW Program, according to the association’s survey held in cooperation with PwC Indonesia, recently. 

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Parliament Probes PT PLN over Failed 10,000 MW Program

The House of Representatives Commission VII scrutinized PT PLN, following the finding from the Supreme Audit Agency (BPK) that the state-run electricity company has not collected bills from contractors that executed the 10,000 MW Program launched by former president Susilo Bambang Yudhoyono.

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Higher Investment Grade Attracts Investors

The increasing investment grade of Indonesia according to the Standard & Poor’s is considered bringing a positive impact on the economy of Indonesia. Finance Minister Sri Mulyani Indrawati claims that more foreign investors are looking for opportunities in Indonesia.

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Eradicating Food Cartel to Maintain Stability

Food security task force has the responsibility to fight food cartel that causes food prices instability. After the government had formed the task force, the task force has arrested a food hoarder who hoarded 182 tons of garlic in a warehouse in Marunda.

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