Indonesia´s Economy Fine

The Financial Services Authority (OJK) states the national financial system stability is in a normal condition as reflected by the third quarter of economic growth in 2017 that’s improving.

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Gov´t Must Serious with E-KTP

Member of House’s Commission II, Ace Hasan Sadzili, asks the government, particularly the Internal Affairs Ministry’s Civil Registration Agency (Dukcapil) to be serious with electronic ID cards (e-KTP) as e-KTP will be needed for the 2018 simultaneous regional elections.

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HIPMI Urges Cancellation of PPA Reviews

The Indonesian Young Entrepreneurs Association (HIPMI) regrets the instruction from the Ministry of Energy and Mineral Resources to PT PLN to revise power purchase agreements (PPA) with power plants that meet certain criteria. 

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PT Pertamina Takes Over Six Blocks

The Ministry of Energy and Mineral Resources has taken over eight oil and gas blocks and handed them over to PT Pertamina, following the expiration of the existing operators’ contract in 2018. 

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Indonesian Investment Climate Improving: Kadin

Indonesian Chamber of Commerce and Industry (Kadi), Jakarta Chapter, Vice Chairman, Sarman Simanjorang, said Indonesia’s investment climate has been improving and Jakarta’s Vice Governor Sandiaga Uno will play a major role in bolstering the growth, with his target to attract Rp1,000 trillion in the next five years.

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Hotel Entrepreneurs Want Minister to Block Airbnb

Communications and Informatics Minister Rudiantara claims he was called by the Indonesian Hotels and Restaurants Association (PRHI) to block Airbnb website as the existence of Airbnb in Indonesia disturbs hotel business in Indonesia.

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