After two years of negotiation involving the Indonesian Government, state-owned mining holding company PT Inalum, Freeport McMoRan Inc. (FCX), and Rio Tinto, PT Inalum on Friday (21/12) officially holds majority ownership of PT Freeport Indonesia (PTFI) through share divestment. The finalization of share divestment is marked by payment process and issuance of Special Mining Business […]

President Joko “Jokowi” Widodo announced on Friday that the Government of Indonesia, through state-owned mining holding company PT Inalum, now holds 51.2 percent of share of mining company PT Freeport Indonesia and the payment for share divestment is already completed. “Today is a historical moment since Freeport began operating in Indonesia in 1973,” President Jokowi […]

After returning from a series of working visits to East Java Province and Central Java Province, President Joko “Jokowi” Widodo chaired a limited meeting on the preparations ahead of Christmas celebration and New Year 2019, at the Presidential Office, Jakarta, Friday (21/12). In his introductory remarks, the President put emphasis on three things. First, regarding […]

Pesident Joko “Jokowi” Widodo and First Lady Ibu Iriana on Thursday (20/12) tried out the Trans Java toll road by using a Damri (state-owned public transportation operator) bus. The President and his entourage departed from the hotel where they stayed at around 07:45 Western Indonesian Time and started the trip from Surabaya – Indonesai’s second […]

Trans Java Toll Roads network is expected to boost the country’s economy and benefit all people, according to President Joko “Jokowi” Widodo. For the record, President Jokowi on Thursday (20/12) inaugurated seven toll roads, four of which in East Java (Wilangan-Kertosono section of Ngawi-Kertosono Toll Road, Bandar-Kertosono section of Jombang-Mojokerto Toll Road, Pasuruan-Grati section of […]

President Joko “Jokowi” Widodo on Thursday (20/12) inaugurated seven toll road sections of the Trans Java toll road connecting Merak in Banten to Banyuwangi in East Java. Those seven sections are Wilangan-Kertosono, Bandar-Kertosono, Porong-Gempol, and Pasuruan-Grati with total length of 59 kilometers and Pemalang-Batang, Batang-Semarang and Salatiga-Kertasura with total length of 140 kilometers.

Anyone involved in a legal case must be brought to justice because all citizens are equal before the law, according to President Joko “Jokowi” Widodo. “Everyone is equal before the law,” the President said after distributing land certificates to residents in Bangkalan Regency at the Pendopo 2 of the Office of Bangkalan Regent, on Wednesday […]

Coordinating Minister for the Economy Darmin Nasution on Wednesday (19/12) inaugurated the construction of gas infrastructure development project and the Java-1 Gas and Steam Power Plant (PLTGU) in Cilamaya Village, Karawang Regency, West Java Province. The power plant will have the capacity of up to 1,760 megawatt (MW) and use 400 million cubic feet of […]

President Joko ”Jokowi” Widodo on Wednesday (19/12) at the office of Bangkalan Regent handed over 2,050 land certificates to residents of Bangkalan, Madura island, East Java Province. The recipients of land certificates came from 4 municipalities/regencies: 1,350 from Bangkalan, 300 from Sampang and 400 from Surabaya.

President Joko “Jokowi” Widodo on Tuesday (18/12) officially inaugurated three Micro Waqf Banks (BWM) in Jombang, East Java. The three banks will provide financing to communities around Mamba’ul Ma’arif Denanyar, Bahrul Ulum Tambakberas, and Tebuireng Islamic Boarding Schools. For the record, the Government has established 41 Micro Waqf Banks.