PT Pertamina EP Asset 3 made quite excellent progress in the JAS-022 well drilling, which started since December 31, 2020. The company’s oil output shot 267 percent above the target, while gas was 160 percent above the target.
PLN and a region-owned enterprise of Bali Province are conducting a feasibility study to develop a liquefied natural gas (LNG) terminal. It will supply gas to the Pesanggaran Diesel and Gas-Fired Power Plant (PLTDG).
PT Perusahaan Gas Negara Tbk will support the construction of natural gas infrastructures and distribution services in the Kendal Industrial Estate. The latest study shows that gas demand in the area is quite large.
The Corruption Eradication Commission (KPK) reveals that several hospitals have cut health worker incentives and abused the state budget, possibly carried out by the hospital management.
The government has issued several secondary legislation on the Job Creation Law to support the micro, small and medium enterprises, from easing up requirements for establishing a company, tax incentives, and partnerships with large companies.
The government is starting to vaccinate teachers in the second phase of the COVID-19 vaccination program to pursue the target of implementing face-to-face learning in July 2021.
The government encourages the construction of new oil refineries and capacity building for existing refineries. This strategy is taken to pursue zero fuel imports in 2027.
The Investment and Coordinating Board enforces three Government Regulations and one presidential regulation on business licenses, becoming a new investment permit regime and dividing central and regional business licenses.
The government will lobby Japan's automotive manufacturers to allocate 120,000 units of cars produced in Indonesia for export to the Australian market.
Corporations are still aggressively expanding, including through inorganic expansion.