President Joko “Jokowi” Widodo announced that based on a report he had received, State-owned Mining Holding Company Inalum has reached an agreement with Freeport to increase ownership from 9.36 percent to 51 percent. “Thank God, Alhamdulillah. The Government has been negotiating the ownership of PT Freeport Indonesia for 3.5 years; since 50 years ago, Indonesia’s […]

In a bid to improve capital structure and business capacity, and in order to continue supporting national strategic projects, the Government deems it necessary to add state equity participation to the shares of State-owned Railway Company PT Kereta Api Indonesia (KAI). In that consideration, President Joko “Jokowi” Widodo on 2 July 2018 signed Government Regulation […]

Clear sky that is free from air pollution is necessary to observe stars, planets, and other sky objects. In that consideration, the National Institute of Aeronautics and Space (Lapan) choose Amfoang, area located on the slopes of Mount Timao, Amfoang Tengah Subdistrict, Kupang Regency, East Nusa Tenggara (NTT) as the location of the national observatory. […]

Minister of Finance Sri Mulyani Indrawati said that President Joko “Jokowi” Widodo has decided not to revise the 2018 State Budget, as there was no major deviation in terms of state revenues and expenditures. This was enunciated by the President in a Limited Meeting on the Realization and Prognosis of 2018 State Budget Implementation at […]

The Indonesian Government has announced it will intensify communication with the US Government following the instruction given by US President Donald Trump to review the duty-free program for Indonesian goods because the Generalized System of Preferences (GSP) policy is considered to create deficit for the US in the US-Indonesia trade. “We will communicate with the […]

Minister of Finance Sri Mulyani Indrawati said that the current deficit in the first semester of the 2018 State Budget is Rp110 trillion or the lowest in the last four years. For the record, last year’s deficit was Rp175 trillion. “This is proof that the Government continues to make sound and credible State Budget, and […]

President Joko “Jokowi” Widodo asserted that challenges Indonesia is facing are quite tough, particularly due to to global economic uncertainty.  To that end, the President told all ministries and institutions to focus on completing the planned programs immediately. “(Do) ensure that the implementation of strategic programs and projects is executed on time and maintain good […]

President Joko “Jokowi” Widodo promises to follow-up a recommendation to give national hero title to the ‘98 Activists who died in the Trisakti, Semanggi I, and Semanggi II tragedies in 1998 reform movement. “I will follow it up by several reviews according to the prevailing regulations. We will annouce the result and decision immediately,” President […]

President Joko “Jokowi” Widodo on Friday (6/7) attended Indo Livestock 2018 Expo & Forum at the Jakarta Convention Centre (JCC), Senayan, Jakarta. In that event, the President asserted that this livestock exhibition illustrates how the livestock in our country is growing so fast. The Head of State also said that post-slaughter processed meat products, such […]