Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as companies urge adjustments to the rule out of concern over its impact on their cashflows.
Indonesia's President Prabowo Subianto is considering pardons for prisoners linked to armed organisations in the restive easternmost province of Papua, including separatists, providing they renounce violence and abandon secessionist agendas,
Indonesia's oil and gas exporters will be exempted from the new rule mandating that all proceeds from natural resource exports be kept onshore for a year.
Indonesia’s plan to force commodity firms to keep export earnings onshore for a year will create new challenges for companies that are already dealing with rising regulatory uncertainty.
Indonesia aims to limit emissions growth to 23% by 2035 from 2019 levels through conserving forests and peatlands to mitigate pollution, according to a top official.
Nearly 81% of Indonesians approve of President Prabowo Subianto after 100 days in office, a poll showed on Monday, attributing the high rating to his early delivery on campaign promises.
JAKARTA (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028, the project's chief said on Tuesday.
Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.
ExxonMobil's carbon capture and storage (CCS) facility will likely be somewhere in Sunda-Asri basin in the Java sea.
Hamas officials oversee the clearance of rubble from neighborhoods leveled by 15 months of continuous Israeli strikes.