Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) has ordered that bauxite exports be stopped starting in 2022. This needs to be done so that Indonesia no longer sells raw raw materials, but must add value first after going through the domestic processing and refining process. Regarding this issue, PT Aneka Tambang Tbk (ANTM) as … Read more
Recruiters solve the current deficit by looking for new employees among the unemployed, competing for already employed workers with competing companies, addressing graduates of secondary vocational schools and, last but not least, importing foreign labor. However, the facts show that the first three strategies are only modest for industrial companies and companies are increasingly relying … Read more
TEMPO.CO, Jakarta – Minister of Investment Bahlil Lahadalia asked businessmen, officials, and state-owned enterprises who did not agree with Indonesia’s economic transformation plan, namely downstreaming, to step aside. “To anyone, whether it’s businessmen or officials, or individuals in SOEs who don’t agree with this idea of economic transformation, I ask you to step aside because … Read more
TEMPO.CO, Jakarta – The latest economic and business news until Wednesday evening, 27 October 2021, starting with PT Freeport Indonesia’s plan to build a smelter in Papua. Next there is news about the reason for Pertamina selling Pertalite below the economic price and a complete list of PCR test locations at the airport managed by … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) this morning, Tuesday (12/10/2021), watched the event groundbreaking the construction of the PT Freeport Indonesia smelter in the Special Economic Zone (SEZ) Gresik, East Java. Jokowi also expressed his pride that Indonesia was able to build a copper smelter plant for single line largest in the world. … Read more
Jakarta, CNBC Indonesia – Indonesia has a dream to become the king of the world’s batteries. This aspiration was marked by the establishment of a State-Owned Enterprise Holding (BUMN) integrated battery industry from upstream to downstream called Indonesia Battery Corporation (IBC). RI’s great aspiration has turned out to be a threat to nickel consumers in … Read more
Pilsen Steel, a manufacturer of ship and power plant shafts, rotors for wind turbines and castings for gas turbines, was in the past one of the largest in its field in the world and reported a profit of several billion crowns a year. Last year, the Max Aicher Pilsen company took over the torso of … Read more
Jakarta, CNBC Indonesia– Coordinating Minister for Marves, Luhut Binsar Panjaitan, confirmed that the smelter construction of a number of strategic industrial areas included in the National Medium-Term Development Plan (RPJMN) has been running and will be completed soon. “Update on the RPJMN Strategic Industrial Area and smelters. This is all already in progress. Many intellectuals … Read more
Jakarta, CNBC Indonesia – Freeport McMoran President and Chief Executive Officer (CEO) Richard Adkerson suggested that PT Freeport Indonesia not build a new smelter, after some time ago proposing to postpone the operation of the new smelter to 2024 due to the project being delayed due to the Covid-19 pandemic. Adkerson said, in exchange, his … Read more
Jakarta, CNBC Indonesia – The boss of the nickel smelter industrial area in Morowali, Central Sulawesi said that the construction of this nickel smelter has had a positive impact on the surrounding community, such as increasing the economic activity of local residents. CEO of PT Indonesia Morowali Industrial Park (IMIP) Alexander Barus said that the … Read more