Indonesia extends gas exports to Singapore by five years
The Energy and Mineral Resources Minister stated that the government will continue supplying gas to the city-state until 2028, having considered domestic supply and demand.
Divya Karyza
Indonesia considers banning tin ingot exports, but experts unconvinced
The ban is part of the government’s broader plan to reserve mineral resources for domestic processing, as well as to export higher value-added products.
Housing sector constrained by rising interest rates, sluggish buying power
Indonesia’s increasing interest rate will significantly impact the housing sector considering 90 percent of its buyers are home-buyers who use the property or housing loans.
Indonesia electricity provider PLN aborts electric stove conversion program in last-minute decision
The government previously considered providing free electric stoves for millions to reduce Indonesia’s dependence on imported liquefied petroleum gas.
Indonesia urgently needs to boost oil, gas investment amid ambitious 2030 targets
The country aims to boost its oil and gas production to 1 million barrels of oil per day and 12 billion standard cubic feet per day of gas in an effort to reduce imports.
Indonesia’s coal miners face financing squeeze as more banks pledge to ‘go green’
Finance-analysts believe it will become increasingly difficult for coal power and mining firms to raise finance for the industry due to growing pressure to transition to renewable…
Indonesia’s farmers yet to benefit from crude palm oil levy waiver
Previously, the government had announced a slashing of export levies for all palm oil derivative products until Aug 31 to boost exports and ease high domestic inventories.
Fears of imminent subsidised fuel shortage lead to call for purchase restrictions
The subsidized gasoline quota is estimated to run out some time in early October.
RCEP to benefit Indonesia’s food, transportation industries
The RCEP involves the ten ASEAN countries along with the east Asian economic powerhouses of China, Japan and South Korea and the Oceanian countries of Australia and New Zealand.
Indonesia may miss oil-lifting target in 2022: SKK Migas
Indonesia’s oil-and-gas industry continues to face challenges as investment and ready-to-sell oil-and-gas production, or lifting, in this year’s first quarter was well under…