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☆ Indonesia Presidential Frontrunner Skips Press Freedom Event
▼ + stars: | 2024-02-11 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

JAKARTA (Reuters) - Two of Indonesia's three presidential contenders pledged to protect press freedom in the world's third-largest democracy at a weekend event that frontrunner Prabowo Subianto didn't attend. On the last day of campaigning, ex-Jakarta governor Anies Baswedan and ex-Central Java governor Ganjar Pranowo signed the National Press Council's written declarations to uphold democracy and press freedom. It was unclear if Prabowo, represented at the Saturday event by the head of his campaign team, signed the declaration. He denies the accusations, but critics have questioned Prabowo's commitment to protecting human rights. "Two of the main political teams have done Indonesian voters a service by sharing their views," said Elaine Pearson, Asia director at Human Rights Watch.

Persons: Prabowo Subianto didn't, Joko Widodo, Anies Baswedan, Ganjar Pranowo, Prabowo, pip, Rosan Roeslani, Rosan, Ganjar, Elaine Pearson, Bernadette Christina Munthe, Ananda Teresia, Kanupriya Kapoor, Tom Hogue Organizations: Central Java, National Press, Rights Watch, Human Rights Watch Locations: JAKARTA, Jakarta, Asia

☆ Factbox-Policy Pledges of Indonesia's Presidential Candidates
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

(Reuters) - Three candidates are running in Indonesia's presidential election on Feb. 14. The following is a summary of policy objectives they have pledged while campaigning. ANIES BASWEDAN- Target 5.5%-6.5% average annual economic growth from 2025-2029- Create 15 million jobs, including 'green' jobs- Raise the tax-to-GDP ratio from 10.4% in 2022 to 13%-16% by 2029- Target annual inflation of 2%-3% from 2025-2029- Offer incentives for renewable energy projects- Impose a carbon tax with proceeds to be used as an endowment fund to finance development of renewable energy- Increase the 'village fund' to 5 billion rupiah ($317,965) for each village, from the current 1 billion rupiah. - Widen access to global markets for palm oil farmers- Strengthen free trade agreements and Indonesia's role in international financial institutions- Minimise imports of staple foods- Create 2 million new affordable housing units, including for informal workers, youth- Expedite forest conservation and rehabilitation projects- Limit new construction of, and retire existing coal-fired power plants, especially in Java, Bali islands- Review debt of state-owned enterprises, continue debt restructuring programme- Revise Jobs Creation Law with goal to ensure fair wages for workers- Evaluate the $32 billion new capital city project- Evaluate food estate programme, replacing it with contract farming, a scheme to ensure farm products will be sold- Impose a wealth tax on Indonesia's 100 richest people- Audit the nickel industry with focus on its impact on the environment and ensuring welfare of domestic workers- Strengthen the anti-corruption agency by revising the law that regulates it- Ease permitting requirements for building places of worshipGANJAR PRANOWO- Continue programmes of outgoing President Joko Widodo's administration- Target average annual economic growth of 7%- Create 17 million new jobs- Expedite construction of new capital city- Increase the defence budget as a percentage of gross domestic product (GDP) to between 1%-2%, from about 0.8% presently. Modernise military hardware- Target 30% share for renewable sources in energy mix by 2029- Allow more renewable energy producers to use electricity grids of state utility firms to boost green energy adoption- Set up a dedicated ministry for the palm oil sector- Maintain moratorium on deforestation, accelerate reforestation programmes- Create digital tax collection system under the new tax agency separated from finance ministry- Limit permit issuance of new nickel smelter to avoid a further oversupply- Expand social welfare to cover 15 million families, up from 10 million currently- Provide funding to ensure at least one member of a poor family receives education until college- Strengthen national anti-corruption agency- Maintain foreign policy of non-alignment- Strengthen Indonesia's commitment to support fight of Palestinian people- Revitalise the Association of Southeast Asian Nations and its decision-making process, especially regarding South China Sea disputes.

Persons: ANIES, GANJAR, Joko Widodo's, PRABOWO, Joko, Stanley Widianto, Ananda Teresia, Stefanno Sulaiman, Bernadette Christina Munthe, Martin Petty Organizations: Reuters, Association of Southeast Asian Nations Locations: Java, Bali, South

☆ Indonesia Allows Boeing 737 MAX 9 Planes to Fly Again After Checks
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia has allowed three Boeing 737 MAX 9 planes to fly again after grounding them, as they have different configurations from a jet that was forced to make an emergency landing in the United States on Jan. 5, its transport ministry said on Thursday. A cabin panel broke off a new Boeing 737 MAX 9 jet operated by Alaska Airlines in mid-flight, leading to the grounding of the model and inspections by the U.S. Federal Aviation Administration (FAA). After grounding the three planes operated by Lion Air on Jan. 6 and later inspecting them, Indonesia's transport ministry said it had allowed them to fly again since Jan. 11. Lion Air said in a statement the planes had different configurations from the Alaska Airline plane. The transport ministry said the Lion Air planes had a "mid cabin emergency exit door type II" whereas the Alaska Airlines plane had a "mid exit door plug."

Persons: Stanley Widianto, Bernadette Christina, Mark Potter Organizations: Boeing, Alaska Airlines, U.S . Federal Aviation Administration, FAA, Lion Air, Lion, Alaska Airline Locations: JAKARTA, Indonesia, United States, Portland , Oregon, Ontario , California

In this year's gleaming host city of Dubai, billboards advertise the benefits of wind energy, climate ambition and Exxon Mobil's (XOM.N) carbon capture projects. This is seen by some as a sign of success and by others as a dangerous distraction from the business of combating climate change as over nearly three decades global oil demand, carbon emissions and temperatures have marched steadily upward. "It's a lobby fest where polluters can schmooze with politicians, all under the guise of tackling climate change," Pascoe Sabido, a researcher at the Corporate Europe Observatory, which scrutinizes corporate influence on policy-making, said. Delegates walk at the Dubai's Expo City during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 4, 2023. For daily comprehensive coverage on COP28 in your inbox, sign up for the Reuters Sustainable Switch newsletter here.

Persons: Exxon Mobil's, Pascoe Sabido, Alden Meyer, Meyer, Lisa Jacobson, Jacobson, Thaier, We're, –, Daniel Lund, Joko Widodo, COP28, Jake Schmidt, Darren Woods, General Antonio Guterres, Al Gore, Valerie Volcovici, Katy Daigle, Kate Abnett, Sarah McFarlane, Bernadette Christina, Richard Valdmanis, Alexander Smith Organizations: Exxon, Corporate, Observatory, United Nations, Business Council, Sustainable Energy, Global Strategic Communications Council, Change, United Arab Emirates, REUTERS, Natural Resources Defense, Exxon Mobil, Drillers, U.S, Reuters, Thomson Locations: DUBAI, Dubai, Berlin, The Hague, COP28, United Arab, Fiji, Indonesia, China, UAE

☆ One dead, 11 missing in flash floods around Indonesia's Lake Toba
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, Dec 3 (Reuters) - One person died and 11 were missing after flash floods hit near Lake Toba in Indonesia's North Sumatra province, the country's disasters agency BNPB said, with scores of people evacuated and rescue efforts underway. Heavy rain followed by flash floods on Friday evening hit the region located on the shores of the lake, damaging dozens of houses, a church, a school and a hotel, BNPB said in a statement on late Saturday. Lake Toba, the world's biggest volcanic lake, is a popular tourist destination for Indonesians and international visitors. The flash floods dragged large stones, trees and mud down hillsides, leaving some houses buried to the roof, pictures from the agency showed. Around 350 people using heavy equipment were carrying out search and rescue efforts, while about 200 people had been evacuated, the agency said.

Persons: BNPB, Bernadette Christina, Lincoln Organizations: Thomson Locations: JAKARTA, Lake Toba, Indonesia's North Sumatra, Lake

☆ Indonesia's Marapi Volcano Erupts, Spewing Ash
▼ + stars: | 2023-12-03 | by ( Dec. | At A.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia's Marapi volcano in West Sumatra province erupted on Sunday, spewing volcanic ash as high as 3,000 metres (9,843 ft) into the air, according to country's disaster management agency BNPB. The 2,891 metre high volcano erupted at 2.54 p.m. local time (0754 GMT), and volcanic ash was dispersed at high intensity to nearby districts, authorities said. Authorities have barred residents and visitors from carrying out any activities within 3 kilometres of the crater, and have set the second-highes alert level for Marapi mountain. "We have distributed masks to residents and encourage them to stay inside their houses," said Ade Setiawan, an official at BPBD's local disaster management unit. Indonesia sits on the Pacific's so-called "Ring of Fire" and has 127 active volcanoes, according to the volcanology agency.

Persons: Ade Setiawan, Bernadette Christina, Jan Harvey Organizations: BNPB Locations: JAKARTA, West Sumatra, Indonesia

☆ Second endangered Sumatran rhino born in Indonesia
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

An endangered female Sumatran rhinoceros seen next to her mother, Ratu, recently born at Sumatran Rhino Sanctuary of Kambas National Park, Lampung, Indonesia September 30, 2023, in this photo taken by Antara Foto. Antara Foto via REUTERS/File Photo Acquire Licensing RightsJAKARTA, Nov 28 (Reuters) - Another Sumatran Rhinoceros was born in an Indonesian sanctuary last week, the Environment Ministry said, the second birth of this critically endangered animal at the reserve this year. The black rhino, the smallest and hairiest of the species, was born last Saturday at the Sumatran Rhino Sanctuary (SRS) in Way Kambas National Park, Lampung province. "The birth has somewhat affirmed Indonesia's commitment to conserving rhinoceros, especially the Sumatran rhino," Environment Minister Siti Nurbaya said in a statement. The Sumatran rhino is the only Asian rhino with two horns and can grow up to 1.5 metre (5 ft) tall, weighing between 500 kg (1,102 lb) and 960 kg (2,116 lb).

Persons: Antara, Delilah, Siti Nurbaya, Ananda Teresia, Bernadette Christina, Miral Organizations: Rhino, Rights, Environment Ministry, Rhino Foundation of, Thomson Locations: Lampung, Indonesia, Rights JAKARTA, Lampung province, Rhino Foundation of Indonesia

☆ Indonesia says Exxon Mobil plans to invest up to $15 bln in the country
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Exxon Mobil Corp FollowJAKARTA, Nov 16 (Reuters) - U.S. oil major Exxon Mobil (XOM.N) is planning to invest up to $15 billion in a petrochemical project and carbon capture and storage (CCS) facilities in Indonesia, President Joko Widodo said in a presidential palace statement on Thursday. The planned CCS facilities would be the biggest in Southeast Asia. Earlier this week, Indonesia signed an initial deal with an Exxon unit to explore investment in a petrochemical project in Indonesia to produce polymers. Exxon and Indonesian state energy company Pertamina also agreed to evaluate $2 billion in investments in CCS facilities using two underground basins in the Java Sea. "These large-scale opportunities could substantially boost industrial growth and decarbonisation in Indonesia, as well as the Asia Pacific region," said Carole Gall, president of Exxon Mobil Indonesia.

Persons: Dado Ruvic, Joko Widodo, Darren Woods, Pertamina, Carole Gall, Joe Biden, Fransiska Nangoy, Bernadette Christina, Muralikumar Anantharaman, Tom Hogue Organizations: ExxonMobil, REUTERS, Companies Exxon Mobil Corp, Exxon Mobil, Exxon, Asia, Economic Cooperation, Exxon Mobil Indonesia, CCS, U.S, APEC, Thomson Locations: JAKARTA, Indonesia, Southeast Asia, San Francisco, Asia, Washington

☆ Indonesia says 200,000 hectares of palm plantations to be made forests
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

A general view of a palm oil plantation in Siak regency, Riau province, Indonesia, April 26, 2022. REUTERS/Willy Kurniawan/File Photo Acquire Licensing RightsJAKARTA, Nov 1 (Reuters) - Some 200,000 hectares (494,210 acres) of oil palm plantations found in areas designated as forests in Indonesia are expected to be returned to the state to be converted back into forests, a government official said late on Tuesday. While 3.3 million hectares (8.1 million acres) of the country's nearly 17 million hectares of palm plantation have been found in forests, only owners of plantations with a combined size of 1.67 million hectares have been identified, forestry ministry secretary general Bambang Hendroyono told reporters. Indonesia's chief security minister Mahfud MD has threatened to pursue legal action against palm oil companies that use land illegally after the Thursday deadline passes. Indonesia has launched several programmes to improve governance in its massive palm oil industry, amid criticism by environmentalists of the crop's impact on deforestation.

Persons: Willy Kurniawan, Bambang Hendroyono, Bambang, Mahfud, Bernadette Christina, Gayatri Suroyo, Raju Gopalakrishnan Organizations: REUTERS, Rights, Officials, Thomson Locations: Siak, Riau province, Indonesia, Rights JAKARTA

☆ Explainer: What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

Despite pleas by Malaysia this week not to "normalise" the haze, Indonesia has flatly denied any responsibility. Global consumption of palm oil, used in a wide range of products such as cookies, candles and as a cooking oil, is growing rapidly. Palm oil is the world's most used edible oil, accounting for 60% of global vegetable oil exports. For Indonesia, the world's biggest palm oil producer, the product is one of the biggest export earners after coal. Export earnings from palm oil and its derivatives stood at $39.28 billion in 2022, according to the Indonesian Palm Oil Association.

Persons: Siti Nurbaya Bakar, Ananda Teresia, Kate Lamb, Bernadette Christina, Naveen Thukral Organizations: of Southeast Asian Nations, Control, ACC, El, Greenpeace, Indonesian Palm Oil Association, Thomson Locations: JAKARTA, Southeast Asia, Indonesian, WHAT'S, Malaysia, Indonesia, Borneo, Singapore, Greenpeace Indonesia

☆ What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

☆ Endangered Sumatran rhino born in Indonesia
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, Oct 2 (Reuters) - An endangered Sumatran rhinoceros, the smallest and hairiest of the4 five extant rhino species, was born in Indonesia last week in a conservation area, the government said on Monday. Weighing about 27 kilogram (59.52 lb), the yet-to-be named female calf, was born on Saturday at the Sumatran Rhino Sanctuary (SRS) facility in Way Kambas National Park, Lampung province in the tropical Southeast Asian country. On the next day, she began to walk around the jungle, the environment ministry said in a statement. "This is a happy news, not only for Indonesia but for the world," environment minister Siti Nurbaya said in the statement. There were just 80 Sumatran rhinos left in the world, based on a 2019 assessment of threatened species by the Indonesian government.

Persons: Andalas, Delilah, Siti Nurbaya, Ananda Teresia, Bernadette Christina, Simon Cameron, Moore Organizations: Rhino, Cincinnati Zoo, Thomson Locations: JAKARTA, Indonesia, Lampung, United States, Andatu, Indonesian

Bank Indonesia's logo is seen at its headquarters in Jakarta, Indonesia, January 17, 2019. Bank Indonesia (BI) plans to issue new rupiah-denominated securities, using its holdings of government bonds as the underlying asset, as a new monetary instrument aimed at attracting foreign portfolio capital flows, Governor Perry Warjiyo said. BI kept the benchmark 7-day reverse repurchase rate (IDCBRR=ECI) at 5.75% for its seventh straight monthly policy review, as widely expected by economists surveyed by Reuters. Guarding the rupiah "is our way to protect the domestic economy, inflation and growth from global spillovers," Warjiyo told reporters. Inflation slowed in July to 3.08%, roughly the midpoint of the central bank's 2% to 4% target range.

Persons: Willy Kurniawan, Perry Warjiyo, Warjiyo, Radhika Rao, Shivaan Tandon, Bank Danamon, Fransiska Nangoy, Bernadette Christina Munthe, Stefanno Sulaiman, Ananda Teresia, Gayatri Suroyo, Martin Petty, Kim Coghill, Kirsten Donovan Organizations: REUTERS, Bank Indonesia, BI, Reuters, Securities, U.S, Treasury, DBS Bank, Capital Economics, Bank, Thomson Locations: Jakarta, Indonesia, JAKARTA, Asia's, China

Key hurdles for the two projects include the country's caps on domestic gas prices, limits on gas exports and the high costs for carbon capture and storage - required for new gas projects to help fight global warming. Last month, Shell (SHEL.L) said it would sell its holding in the Masela project to Indonesia's Pertamina and Malaysia's Petronas, while Chevron (CVX.N) agreed to sell its stake in the IDD project to Italy's Eni (ENI.MI). Reuters GraphicsNEW TERMS NEEDEDOnce one of the world's top five liquefied natural gas (LNG) exporters, Indonesia's LNG exports have halved in the past decade, Kpler data showed. The country has not approved a major oil or gas project since 2016 - the expansion of BP's (BP.L) Tangguh LNG plant. The current formula for splitting revenue between the government and investors in gas projects sets the base rate at 48% for companies.

Persons: magnifier, Dado Ruvic, Benny Lubiantara, Andrew Harwood, Wood Mackenzie, SKK Migas, Benny, Prateek Pandey, Takayuki Ueda, Naing, Inpex's Ueda, Fransiska Nangoy, Bernadette Christina Munthe, Emily Chow, Yuka Obayashi, Florence Tan, Sonali Paul Organizations: REUTERS, Indonesia, Shell, Chevron, Indonesia Deepwater Development, Petronas, Eni, Essential Services, Reuters, Indonesia Petroleum Association, Rystad Energy, BMI Research, Fitch Group, Tcf, Thomson Locations: Indonesia, JAKARTA, Jakarta, Chevron, Tokyo, Masela, Singapore

☆ Indonesia says Mitsubishi Motors plans to invest $375 mln in 2024
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

A man walks near Mitsubishi cars as he visits Tokyo Motor Show in Tokyo, Japan October 24, 2019. "We are optimistic that, if implemented, this can boost investment and increase demand to use EVs," Agus said. A Mitsubishi spokesperson said executives from its Tokyo headquarters on Wednesday met with Agus for talks, declining to comment further. Mitsubishi reported combined retail and wholesale sales in the ASEAN region of 120,000 vehicles for the three months to June 30, dropping 1.6% from a year earlier. In Thailand, its retail and wholesale sales slumped to 17,000 units during that period, down from 25,000 a year earlier.

Persons: Soe Zeya, Agus Gumiwang Kartasasmita, Agus, Bernadette Christina, Fransiska, Rocky Swift, Daniel Leussink, Louise Heavens, David Evans Organizations: Mitsubishi, Tokyo Motor, REUTERS, Mitsubishi Motors, Wednesday, Japan's Nikkei, Guangzhou Automobile Group, Thomson Locations: Tokyo, Japan, JAKARTA, Indonesia, Thailand, China, ASEAN, Jakarta

☆ Malaysia halts music festival after same-sex kiss by UK band The 1975
▼ + stars: | 2023-07-22 | by ( Rozanna Latiff | ) www.reuters.com time to read: +4 min

The 1975 have also been banned from performing in Malaysia, said a government committee that oversees filming and performances by foreigners. "I don't see the fucking point ... of inviting The 1975 to a country and then telling us who we can have sex with." Festival organiser Future Sound Asia apologised for the cancellation of the show following Healy's "controversial conduct and remarks". Communications Minister Fahmi said Malaysia was committed to supporting the development of creative industries and freedom of expression. The Jakarta festival's organisers did not immediately respond to requests for comment on whether the band would play.

Persons: disparages, Fahmi Fadzil, Healy, Ross MacDonald, we've, Regrettably, Fahmi, Matt Healy, Carmen Rose, Anwar Ibrahim's, Rozanna Latiff, Bernadette Christina, William Mallard, Robert Birsel Organizations: Communications, Rights, United Arab Emirates, Sound, Twitter, Malay, Thomson Locations: KUALA LUMPUR, Kuala Lumpur, Malaysia, Malaysian, Jakarta, Indonesia

☆ Indonesia launches new crypto bourse, clearing house
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration//JAKARTA, July 21 (Reuters) - Indonesia has launched a national crypto asset bourse to provide regulators with transaction records and better protect crypto investors, the government announced this week. The launch of the exchange and clearing house is also intended to strengthen monitoring of the booming sector amid a transition in regulatory oversight, according to the Commodity Futures Trading Regulatory Agency (Bappebti). Rising global interest rates have, however, dampened demand for crypto assets in recent months. The new bourse will list existing licensed crypto companies, such as Binance's Tokocrypto, Indodax and others as traders. PT Bursa Komoditi Nusantara will run the bourse and PT Kliring Berjangka Indonesia will clear transactions there, Bappebti chief Didid Noordiantmoko said in a statement.

Persons: Dado Ruvic, Didid Noordiantmoko, Bernadette Christina Munthe, Gayatri Suroyo, Kanupriya Kapoor Organizations: REUTERS, Commodity, Trading Regulatory Agency, Bursa Komoditi Nusantara, bourse, Kliring Berjangka, Tennet Depository Indonesia, Financial Services, Thomson Locations: JAKARTA, Indonesia, Indodax, Bursa, Kliring Berjangka Indonesia, Bappebti

☆ Indonesia's Pertamina, Electrum sign battery packs development deal
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, June 27 (Reuters) - Indonesia's state energy company Pertamina said late on Monday it plans to develop battery packs for electric motorcycles with Electrum, a firm that aims to put millions of electric two-wheelers on the roads of the Southeast Asian country. The agreement was signed during a groundbreaking ceremony for Electrum's electric scooter plant on Friday, where the company, which is a joint venture between coal miner TBS Energi Utama (TOBA.JK) and giant tech firm GoTo Gojek Tokopedia (GOTO.JK), aims to produce 250,000 units of electric scooters per year. The planned battery packing facility run by Pertamina's renewables unit and Electrum could cover a capacity of about 300 megawatts, Pertamina official Dicky Septriadi said. Indonesia has the world's largest reserves of nickel - a key element in electric vehicle (EV) batteries - and is keen to utilise the mineral to create a full supply chain for the industry. Reporting by Fransiska Nangoy, Bernadette Christina; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Persons: Pertamina, GoTo Gojek Tokopedia, Dicky Septriadi, Fransiska Nangoy, Bernadette Christina, Kanupriya Kapoor Organizations: TBS, Utama, Thomson Locations: JAKARTA, Indonesia

☆ Indonesia seeks $700 million to install 200 MW of solar power
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +1 min

Companies Perusahaan Listrik Negara (Persero) PT FollowJAKARTA, May 28 (Reuters) - Indonesian state utility Perusahaan Listrik Negara [RIC:RIC:PLNEG.UL] seeks a $700-million investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission, the company said late on Saturday. PLN has planned to have 4.68 gigawatt (GW) of solar panels installed between 2021 and 2030. The company's director Evy Haryadi said the 200 MW solar panel is the first phase of a longer term plan to replace 1 GW of diesel power plants with solar power. A coalition of countries has pledged $20 billion of public and private financing to help Indonesia transition to cleaner energy under the Just Energy Transition Partnership (JETP). Indonesia aims to finalise a detailed plan for JETP fund allocation by August, according to the head of Indonesia's JETP Secretariat Edo Mahendra, adding that PLN's plan to shift from diesel power to renewables will be a pilot program in JETP.

JAKARTA, May 10 (Reuters) - Sales of electric cars in Indonesia jumped last month after the government launched tax incentives, auto executives said, in an early sign that electric vehicle (EV) adoption is gaining traction in Southeast Asia's largest economy. Effective from April, Indonesia cut the value-added tax (VAT) on electric cars from 11% to just 1%, provided they are manufactured with at least 40% local content. Hyundai aims to sell 10,000 units of IONIQ 5 in Indonesia this year, helped by the tax cut and as a shortage in semiconductor chips eases, he said. The two models are the most popular electric cars in Indonesia. Hyundai's Yoon said the South Korean company plans to introduce more battery-EV models in Indonesia to capture the growing market.

☆ Rebels in Indonesia's Papua say they killed 9 army soldiers
▼ + stars: | 2023-04-16 | by ( ) www.reuters.com time to read: +2 min

JAKARTA, April 16 (Reuters) - Separatist rebels in Indonesia's Papua region killed nine army personnel after Jakarta did not respond to a request for negotiations, a rebel spokesperson said on Sunday. A military spokesperson in Papua, Herman Taryaman, confirmed the Saturday attack but could not confirm the number of soldiers killed as communications were cut due to bad weather. The West Papua National Liberation Army (TPNPB) abducted a New Zealand pilot in February. Herman denied the allegation of a March attack on civilians, saying the security forces were protecting civilians who were chased away by the rebels. A low-level battle for independence from Indonesia continued for decades in the remote and resource-rich Papua region, with the conflict between armed rebels and security forces intensifying significantly in recent years, analysts say.

Palm oil prices have fallen some 49% from last year's record, but the tight supply means they are expected to stay above pre-pandemic levels. Another palm oil giant, Kuala Lumpur Kepong Bhd (KLKK.KL), told Reuters it plans to replant 10,000 hectares this year, up from a lower-than-usual 6,000 hectares in 2022. The scheme targeted replanting of 2.4 million hectares but only managed to replant around 278,000 hectares by February, partly due to land legality issues. We are ageing faster than we are replanting," Malaysia Palm Oil Association chief executive Joseph Tek told Reuters. In Malaysia, replanting costs doubled to around $4,500 per hectare after the pandemic inflated prices of fertiliser and labour.

The firm debut by Harita Nickel could boost sentiment surrounding upcoming IPOs in Indonesia, which is one of the world's hottest IPO markets this year on a drive by the government to privatise some state-owned enterprises. Harita Nickel's stock opened at 1,285 rupiah per share, slightly higher than its initial public offering (IPO) price of 1,250 rupiah a share, on the Indonesian stock exchange. The IPO comes at a time when nickel-rich Indonesia steps up efforts to become a major player in the electric vehicle industry. Harita Nickel's peer Merdeka Battery Materials is scheduled to debut on the local bourse next, on April 18, after raising 8.75 trillion rupiah. Harita Nickel's IPO was the largest in Indonesia in almost a year after the $1.1 billion listing of tech firm GoTo (GOTO.JK) in April.

☆ Explosion at Indonesia Pertamina's refinery arm unit injures 9 - statement
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, April 2 (Reuters) - An explosion at a refinery owned by a Pertamina PT unit in western Indonesia injured nine people, the state energy firm said on Sunday, adding to two dozen deaths from two other fires over the past month. A fire on March 3 at Pertamina's Plumpang fuel terminal in Jakarta, one of the country's oldest and largest, killed more than 20 people. KPI apologised for Saturday's incident, a spokesperson said, adding that a "recovery process" was underway after the fire had been extinguished. Several units were affected and stopped by the explosion and fire, but the rest were operating as usual, the spokesperson said. Reporting by Bernadette Christina; Writing by Stanley Widianto; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ Indonesia's Pertamina says two crew killed after fire on tanker
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

[1/2] Pertamina tanker, MT Kristin, carrying fuel, catches fire on the coast of Mataram, West Nusa Tenggara province, Indonesia, March 26, 2023, in this photo taken by Antara Foto. Antara Foto/Ahmad Subaidi/via REUTERSJAKARTA, March 27 (Reuters) - Two crew members have died and one is missing after a fire broke out on an oil tanker carrying fuel to terminals on the Indonesian islands of Bali and Lombok, the state energy company Pertamina said in a statement late on Sunday. The chartered vessel, MT Kristin, had 17 crew on board and was carrying 5,900 kilolitres of fuel when the fire started at 2:50 p.m. local time (0650 GMT) on Sunday. Pertamina said so far no oil spills had been detected after the fire, though a 300 metre (984.25 ft) oil boom had been set up around the ship. Reporting by Ananda Teresia, Bernadette Christina Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

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