Industry
Industry

Monthly Report: The New Dynamic in the Coal Industry

Revision of Law No. 4/2009 concerning Mineral and Coal Mining was finally passed on May 12, 2020, in the House plenary meeting, endorsed by eight factions except Democrats. Since the beginning of the drafting, it has drawn resistance from various groups.

Monthly Report: Sluggish Growth in Insurance Industry

The insurance industry sees severe challenges in the future. OJK is preparing a new regulation to gradually raise insurance company minimum capital from Rp 150 billion to Rp 500 billion.

New Rounds in Oil and Gas Industry

There have been many fundamental changes in the oil and gas business in 202. The easily-changing regulations still pose a risk that may burden business activities in the oil and gas sector.

Newcomers in Oil Upstream Sector

President Joko Widodo repeatedly expressed his concern about the inflated oil and gas imports. He started to not holding back when criticizing the condition.