Low Occupancy, Malls Keep Expanding

Greater Jakarta will have nine new malls by 2025, even though occupancy rates in Jakarta and Bodetabek (Bogor, Depok, Tangerang, and Bekasi) are declining, even before the Covid-19 pandemic, according to property consultant Colliers.

Energy Round Up February 2, 2023

PT Freeport Indonesia cannot finish the copper smelter project in Gresik, East Java, by December.

Govt Urges PLN to Drop Take-or-Pay Scheme

The Energy Ministry urged PLN not to use the take-or-pay scheme anymore in power purchase agreements with independent power producers.