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Indonesia’s Medco Energi International Tbk PT said on Friday a possible all-cash takeover offer by its unit for Ophir Energy would value the British firm at 340 million pounds ($435.88 million).
The pace of national coal production is expected to remain high this year even though the inhibiting factors have the potential to strengthen. Last year’s production realization was the highest at 528 million tons.
Biodiesel production throughout 2018 reached 6.01 million kiloliters, exceeding the target set at 5.70 million kiloliters.
The Ministry of Trade makes it easy for exporters who have market shares to countries that apply the origin declaration (information on the origin of goods).
The issuance of the Government Regulation No. 24 of 2018 on Electronically Integrated Business Licensing Service (“GR 24/18”)
The decision of the Surabaya Commercial Court to grant the peace proposal PKPU of PT Merpati Nusantara Airlines (Persero) was gladly welcomed.
Minister of Agrarian and Spatial Planning of the Republic of Indonesia has issued Regulation Number 14 of 2018 concerning Location Permits (“MR ATR 14/18”).
The ESDM Minister of the Republic of Indonesia issued Regulation Number 39 of 2018 concerning Electronically Integrated Business Licensing Services for the Power Sector (“MEMR 39/2018”).
This regulation is regulated the mechanism for the Transport and Sales IUP OPK holders to submit an application for recognition as Registered Exporters.
Following this regulation, Presidential Regulation No. 72 of 2014 concerning the Use of Foreign Workers and Implementation of Education and Training for Companionary Workers is declared invalid.