The Latest Insights

PEP Asset 3’s JAS-022 Output Far Exceeds Target

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 Dewata Energy Bersih to Erect LNG Terminal in Bali

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).

Govt Grants MSMEs with Supportive Regulations, Public Space Allocation

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.

Four Investment Regulations Come Into Force, What Has Changed?

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.

Corporate Actions Round-Up

Corporations are still aggressively expanding, including through inorganic expansion.