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Indonesia’s Pertamina Claims Four Investors Interested in Mahakam Block

JAKARTA (TheInsiderStories) - Indonesia's oil & gas producer PT Pertamina claimed four international companies have shown their interests to manage the offshore Mahakam Block, the...

Freeport Seeks Extension to Temporary Mining License

JAKARTA (TheInsiderStories)—Executive Vice President PT Freeport Indonesia Tony Wenas on Friday (22/06) said the company has proposed an extension of the temporary special mining...

Indonesia Cuts SMEs Income Tax to 0.5%

JAKARTA (TheInsiderStories)—Indonesia’s President Joko Widodo has released the Government Regulation 23/2018 on the reducing the small medium enterprises (SMEs) income tax rate to 0.5 per...

Terrorist Aman Abdurrahman Gets Death Penalty

JAKARTA (TheInsiderStories)—The South Jakarta District Court Judges handed down a death sentence to Oman Rachman alias Aman Abdurrahman alias Abu Sulaiman for being found...

Indonesia’s MEMR Offers 6 Mining Blocks to SOEs

JAKARTA (TheInsiderStories)—Indonesia’s Ministry of Energy and Mineral Resources (MEMR) offered six expiring special mining license areas to the state-owned and regional-owned companies. The MEMR’s Mineral...

Market Review: Investors Still Weary on the External Pressures

JAKARTA (TheInsiderStories) - Local markets still weary on the external pressures showed by the performance of Rupiah and the Jakarta Composite Index (JCI). The same condition...