The cement industry is still complaining about coal scarcity. Several producers are reluctant to sell coal according to the domestic market obligation (DMO) price of US$90 per ton.

The government will impose an export tax on nickel products with less than 70 percent nickel content to protect investments in battery and electric vehicle ecosystems in Indonesia.

As of May 24, Indonesia’s COVID-19 tally in the last 24 hours went up by 345 to 6,053,109 cases.

As of May, PT Pertamina Hulu Rokan (PHR) has drilled 145 new development wells in the Rokan Block or more than one well per day on average.

Edutech startup Zenius Education has laid off more than 200 employees due to the economic slowdown.

The Supreme Audit Agency (BPK) finds that the Rp 289.85 billion worth of Pre-Employment Card incentive was off-target.

President Joko “Jokowi” Widodo assigned the Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan to resolve issues related to cooking oil. It takes an iron fist to suppress palm oil producers, shifting the role of Airlangga Hartarto.

The House of Representatives (DPR) has ratified the revision of the Law on the Drafting of Laws and Regulations (UU PPP) as the new basis for the enactment of the Job Creation Law.

Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said Elon Musk's investment plan through Tesla Inc still requires time and a process.

Mining companies’ stellar performances made them more generous in distributing dividends to investors. For example, PT Bukit Asam Tbk (PTBA) allocated its 2021 net profit for cash dividends.