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Post Acquisition of Freeport: Indonesia is Predicted to Break Even by 2025

After the acquisition of 51% of PT Freeport Indonesia's shares in 2018, Indonesia is estimated to receive full return on capital by 2025 through dividends payment.  Director of Mining Industry …

Philippines Based Terrorist Group Abu Sayyaf Kidnapped 5 Indonesian Crews and 11-Year-Old Boy in Sabah Waters, Malaysia

Indonesian Ministry of Foreign Affairs official press release on Tuesday (1/21/2020) confirmed that 5 Indonesian citizens working on Malaysian fishing boat have been kidnapped by Philippines based te…

Indonesia to Buy Danish Warship: Is it the Iver Huitfeldt-class Frigate?

According to Indonesian Coordinating Minister for Maritime and Investment Affairs, Luhut Binsar Pandjaitan, the government through the Ministry of Defense plan to buy an Ocean Going warship from Denm…

Indonesian President Joko Widodo Proposed to Move All Central Civil Servants to New Capital City in 2024

Indonesian President Joko Widodo (Jokowi) stated that all central government's civil servants will be moved to the new capital in East Kalimatan in 2024. Jokowi also stated that he wanted the …

Anthrax Outbreak in Yogyakarta, Indonesia Under Control - 27 People Had Been Infected

According to the Director General of Disease Control Prevention, Anung Sugihantono, the Anthrax outbreak in Gunungkidul Regency, Special Region of Yogyakarta, is under control. He stated that the si…

Indonesian National Police to Investigate Corruption Allegation in a State-owned Enterprise ASABRI which Manage Soldier's Insurance and Pension

Indonesia National Police Chief, Gen. Idham Azis had appointed the head of Criminal Investigation Agency (Bareskrim), Inspector General Listyo Sigit Prabowo, to create a joint team to investigate th…

Netflix Has Not Paid Taxes in Indonesia Since 2016

Netflix has not paid taxes in Indonesia to date since it became available in the country in 2016 . As of today, Indonesia has no legal basis to collect taxes from over the top (OTT) companies operat…
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