Economy

The Fight for Survival

The textile industry is hit by the pandemic. Big factories are stricken in debt, while the smaller ones are not getting orders.

Economy

Competitor's Flight to Nasdaq

Grab is preparing a scenario to list in Nasdaq, aiming for a proceeds of Rp65 trillion to fund its ambition to become Southeast Asia’s number one super app.

Cover Story

The Rise and Fall of Techno Parks

The government’s plan to build 100 Techno Parks is falling behind. The project will instead focus on developing eight primary science and technology zones.

Economy

The Dream of Cinema’s Recovery

National film business is still reeling from the impact wrought by the Covid-19 pandemic. The government is campaigning for moviegoers to return to cinemas to help the industry recover.

Economy

Dreaming of Cinema’s Recovery

National film business is still reeling from the impact wrought by the Covid-19 pandemic. The government is campaigning for moviegoers to return to cinemas to help the industry recover.

Economy

The Smell of Gasoline across the Refinery

Leakage of the T-301G tank is believed to be the cause of a big fire at the Balongan refinery. The management ignored community reports on strong gasoline smell prior to the fire. Losses are estimated in the trillions of rupiah.

Cover Story

The Rice Import Terror

The plan to import rice turned into a controversy. Uncertain information, caused by disagreements between government officials, caused the price of unhulled rice to plummet during the harvest season.

Economy

Fueled by Pipe Purchase

The government overhauled the directors of a Pertamina subsidiary. The decision came after a procurement of refinery project's goods, which was considered not meeting the domestic component requirements.

Economy

Survival Mission

The government sets out to release new antidumping policies and national standards for steel products, in response to local industries' complaints against the onslaught of imported goods.

 

Economy

Investigations Lead to Management Overhaul

The alleged corruption implicating Asuransi Kredit Indonesia (Askrindo) sparked up improvement plans in the parent company of state-owned insurance and underwriting firms. There are problems in the insurance agent business regulations.

Cover Story

We Could Lose Our Orbital Slot Rights

Communication and Informatics Minister Johnny Gerard Plate said he has met with Dini Nusa Kusuma’s President Commissioner, Arifin Wiguna, to discuss the progress of satelite project for the 123 degrees east longitude orbital slot. As the International Telecommunication Union deadline approaches for Indonesia to orbit its satellite in that orbital slot by 2024, the project has yet to show positive developments.

Economy

Low Factory Utilization Is Very Dangerous

The Indonesian Automotive Manufacturers Association (Gaikindo) Secretary General Kukuh Kumara believes that the government plan to cut luxury goods sales tax (PPnBM) on new 1,500cc cars will have a big impact upon economic growth. 

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

Low Factory Utilization Is Very Dangerous

The Indonesian Automotive Manufacturers Association (Gaikindo) Secretary-General Kukuh Kumara believes that the government plans to cut luxury goods sales tax (PPnBM) on new 1,500-cc cars will have a big impact upon economic growth. 

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

We Should Be More Flexible

Dwi Soetjipto, Chairman of the Upstream Oil and Gas Regulatory Task Force (SKK Migas) explained his strategies to boost the oil and gas production which continues to decline and never reaches the target. Moreover, the plan for new investment is still unclear. 

Economy

Rokan’s Ongoing Saga

Only five months left to prepare for the transition towards a new operator for the Rokan Block. A number of problems are still unresolved, while others already await Pertamina. 

Economy

Bitter Aftertaste of Sugar Import Licensing

The government issued permits to import raw sugar for the refined sugar industry in order to cover demand. This policy, however, is deemed insufficient to solve supply shortage for high-quality raw material suffered by a number of food and beverage companies.

Economy

Bitter Aftertaste of Sugar Import Licensing

The government issued permits to import raw sugar for the refined sugar industry in order to cover demand. This policy, however, is deemed insufficient to solve supply shortage for high-quality raw material suffered by a number of food and beverage companies.