News

Govt Expects Rising Income from Coal Despite Weak Output

The Energy and Mineral Resources Ministry is expecting to see rising royalties and fees from the mineral and coal sectors this year despite plunging production due to low selling prices. According to the proposed state budget for 2016, the non-tax income from minerals and coal is targeted to reach Rp...

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...

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...