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Opinion 5 months ago
PREMIUM
Analysis: Coal and nickel dilemma: Racing for revenue, lagging in readiness
A potentially widening budget deficit amid soaring global oil prices has prompted Finance Minister Purbaya Yudhi Sadewa to explore alternative revenue sources, including export duties on nickel and coal, commodities that are currently benefiting from relatively strong price trends. The push for rapid revenue mobilization, however, appears to be running ahead of sectoral readiness.
Politics 5 months ago
PREMIUM
AGO arrests coal tycoon Samin Tan in mining permit graft case
The Attorney General’s Office (AGO) named on Saturday billionaire coal magnate Samin Tan a corruption suspect in a probe into alleged mining permit violations after the forestry task force seized the company's land earlier this year.
Regulations 5 months ago
Indonesia may relax production quotas of nickel, coal if prices stay high
Previously, Indonesia announced plans to cut output quotas for several minerals this year to help support prices, including reducing the coal production quota from 790 million tons last year to 600 million metric tons.
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