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March 8, 2016 edition

TRANSPORTATION
Four Non-Commercial Airports To be Inaugurated
The operation of newly expanded, non-commercial airports in Sorong, West Papua; Wakatobi, Southeast Sulawesi; Tarakan, North Kalimantan; and Gorontalo is set to kick off this month.

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More Weekly Business articles in other editions

March 1, 2016 edition

TRANSPORTATION
Jonan SEEKS LOWER Investment
Transportation Minister Ignasius Jonan has asked Indonesia-China Fast Train (KCIC) to recalculate the cost of the Jakarta-Bandung high-speed rail project. He said the initial proposal of US$5.57 billion (Rp76 trillion) needed to be lowered, as the length of the project had since been reduced from 152.3 kilometers to 142.3 kilometers because of changes to the route. "The investment value should be corrected accordingly," he said at the House of Representatives in South Jakarta last Thursday.

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February 23, 2016 edition

ENERGY
Fuel-Stealing Rampant in Java
The Trade Ministry alleges that some 30 percent of filling stations (SPBU) along Java's north coast have been fudging the numbers, cutting down on the real volume of fuel sold to consumers. "This finding is based on a control (study) we conducted in 2015," said the Director-General for Consumers Protection and Trade Orderliness, Widodo, on Tuesday last week.

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February 16, 2016 edition

Masela Awaits Presidential Decision
Pertamina is still awaiting government approval for its plans to develop the Masela Block project.

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February 9, 2016 edition

TRANSPORTATION
New Suramadu Toll Rates This Month
BASUKI Hadimoeljono, the public works and people's housing minister, is preparing to set new toll rates starting this month for the Suramadu bridge in East Java. The toll road management agency is performing a study on the right amount of tariff decrease. "That way the toll rates can be used for light maintenance," he said last Thursday.

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February 2, 2016 edition

TRANSPORTATION
Government Rejects High-Speed Rail Guarantee
Vice President Jusuf Kalla said the government was against providing any kind of guarantee for the completion of the Jakarta-Bandung high-speed railway project. He said the previous agreement was for a business-to-business arrangement. "No guarantee is needed because it is a regular investment," Kalla said last Thursday.

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January 26, 2016 edition

INFRASTRUCTURE
Jakarta-Bandung High-Speed Railway Project Inaugurated
President Joko Widodo inaugurated the construction of the Jakarta-Bandung high-speed train project at Perkebunan Nusantara VIII's tea estate in Mandalawangi Maswati, West Bandung regency, West Java, last Thursday. The plantation is slated to be a transit-oriented development (TOD) area that will be integrated with the development of New Walini city.

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