President Joko Widodo disbanded the Indonesian Telecommunication Regulatory Body (BRTI) through Presidential Regulation No. 112/2020, wiping out the independent regulator function in the telecommunications sector.
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan will reopen the currently-suspended lobster larvae export to accommodate businesses’ demands.
The Japanese PM's visit is expected to stimulate Japanese investment in Indonesia.
The Omnibus law removes criminal sanctions for companies perpetrating environmental pollution with administrative sanctions.
From the 10 Ease of Doing Business 2020 indicators, there are two indicators that are still Indonesia's homework, namely construction licensing and property registration.
The Covid-19 pandemic strengthens the signal of the merger of two super-apps companies in Southeast Asia, Gojek and Grab.
The Financial Services Authority (OJK) encourages consolidation in the fintech lending industry by increasing the minimum capital limit to establish a fintech company from Rp2.5 billion to Rp15 billion.
The thin gas profit margin could be a threat to the development of natural gas infrastructure in the future. The certainty of gas supply and demand also determines investors' interest in building gas infrastructure.
The Omnibus Law on Job Creation, which regulates the license of oil and gas business activities confuses business actors. This has the potential to hamper the achievement of the 1 million bopd of oil production target.
The construction of the oil refinery and petrochemical complex in Tuban is ready to continue after a prolonged delay. Next month, Pertamina and Rosneft will start the reclamation process.