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Politics 5 months ago
PREMIUM
Supreme Court strikes down palm oil giants’ corruption acquittal
All palm oil companies were ordered to each pay a Rp 1 billion (US$59,580) fine, along with various restitution ranging from Rp 900 billion to nearly Rp 12 trillion, after they were declared guilty in a corruption case pertaining to crude palm oil export permits.
Society 3 years ago
Top Trade Ministry official named suspect in cooking oil graft case
The Attorney General’s Office (AGO) has named four suspects, including a senior government official, in a case of corruption that led to a lack of of cooking oil and high prices for the commodity on the local market.
Business 6 years ago
Indonesia temporarily revokes export permits of five mining companies
An official said the government had also permanently revoked the export permit of PT Gunung Bintan Abadi (GBA), a bauxite producer in Riau. He said the company had ignored three warnings issued by the government.
Business 8 years ago
Trade Ministry ready to issue export permit for Freeport
Trade Minister Enggartiasto “Enggar” Lukita has said his ministry is ready to issue a permit for mineral concentrate exports to gold and copper mining firm PT Freeport Indonesia, after US-based Freeport McMoRan agreed reduce its stake in its Indonesian subsidiary to 49 percent and construct a smelter.
