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Pertamina finally selected winners of the bid for the TPPI olefin refinery megaproject after months of uncertainty. It leaves behind embers of a dispute between the boards of commissioners and the directors over alleged irregularities in the project planning.
How much do Indonesians spend to play games? Rp30 trillion in just half year. The game industry has never been so appetizing.
Numerous transportation companies are having a difficult time due to mobility restrictions during the Covid-19 pandemic. ASDP Indonesia Ferry is among those facing the challenge. In May 2020, the ferry operator lost Rp71 billion a month. ASDP Chief Executive Officer (CEO) Ira Puspadewi acts quickly to implement various efficiency moves, particularly through digitization of passenger service.
Coal mining industry is not concerned with the government’s plan to shut down steam power plants. High demand and high prices for coal are the driving factors. This report on the dilemma of the electricity and coal businesses was done with the support of the Judith Neilson Institute.
The shortage of coal supplies to PLN electricity generators leads to export bans for 34 companies. Accusations fly as coal prices rise. This report on the dilemma of the electricity and coal businesses was done with the support of the Judith Neilson Institute.
PLN is trying everything to stay out of the financial crisis. It is caught between ambitious government projects, electricity purchase arrangements, and the impact of the pandemic. This report on the dilemma of the electricity and coal businesses was done with the support of the Judith Neilson Institute.
In the midst of turmoil from the Covid-19 pandemic, cryptocurrencies are being recognized as commodity subjects. Futures exchanges are also preparing a physical market for digital gold. An interview with the Jakarta Futures Exchange Chief Executive Officer Stephanus Paulus Lumintang.
The banking sector is on alert after the emergence of increased credit risk in the corporate segment. In order to mitigate the decline in credit quality, banks are scrambling to form adequate reserves. Additionally, efforts to provide credit relief or restructuring to corporations affected by the pandemic will continue.