The Latest Insights

Renewable Energy Bill to Regulate Nuclear Power Plants

The Renewable Energy Bill, currently under discussion between the government and the House of Representatives, will also contain provisions on nuclear power plants’ development. However, such plants must become the last resort due to the high risk.

Why Is the OECD Pessimistic on the Indonesian Economy?

The Organization for Economic Co-operation and Development cut its projection for Indonesia’s economy this year from minus 2.8 percent to minus 3.3 percent. Social restrictions and the increase of confirmed COVID-19 cases are the determining factors.

Will Bank Banten Agrees on Merger with BJB?

Bank Banten claims to have secured domestic and foreign investors to increase capital by Rp 2.9 trillion. The planned merger with Bank Pembangunan Jawa Barat dan Banten is now unlikely.

Industry Demands Electricity Costs Relief

The Chamber of Commerce and Industry (Kadin) and the Indonesian Employers' Association (Apindo) are asking for an exemption from industrial electricity costs until December 2020. This demand will cost up to Rp 30 trillion.