The Latest Insights

Cement Industry Still Faces Coal Supply Scarcity

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.

Govt to Impose Export Tax for Low-Grade Nickel Ores

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.

Energy Round-Up May 25, 2022

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.

New Assignment for Minister Luhut

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.

Job Creation Law: Added Clauses

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.

Corporate Actions Round-Up May 25, 2022

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.