Former Energy Official Imprisoned for 6 Years for Corruption

Former secretary general at the Energy and Mineral Resources Ministry Waryono Karno was sentenced to six years’ imprisonment by the Jakarta Corruption Court on Wednesday. Waryono was also required to pay Rp 300 million (US$20,750) in fines.
Previously, the prosecutors had demanded that Waryono be sentenced to nine years and a Rp 200 million fine as well as Rp 150 million […]

read more

President Jokowi Urges Qatari Businessmen to Invest in Indonesia

Indonesian President Joko Widodo has urged Qatari businessmen to invest in his country and make use of investment opportunities available there.
Addressing Qatar-Indonesia Business and Investment Forum today, President Widodo said his country plans to set up several infrastructure projects, including building pipeline projects in some areas in Indonesia, establishing 24 ports and 15 airports, as well as projects related to […]

read more

BKPM Now Handling Energy, Mining Permits

Investors in oil, gas, mineral and coal mining sectors are expected to experience an easier and faster business licensing process as some of the permits will be processed under the Investment Coordinating Board’s (BKPM) one-stop service.
Energy and Mineral Resources Minister Sudirman Said on Thursday that he had officially handed the procurement process of 10 out of 42 permits in oil […]

read more