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    • SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.

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    20Jul, 2018
    The government lies to the public about Freeport shares divestment: Fahri Hamzah

    House of Representatives Vice Chairman Fahri Hamzah said the government has the potential to deceive the public because it claims to have controlled 51 percent of PT Freeport Indonesia shares.

    According to him, the government’s move to divest PT Freeport Indonesia is still a preliminary agreement.

    “It could be a public lie,” he said at the Parliament Building, Jakarta, Friday (10/7).

    Fahri said the government’s lies are also linked to PT Freeport Indonesia’s divestment fund. He said the government does not have the budget to buy the shares.

    12Jul, 2018
    Indonesia now controls 51 percent of Freeport shares

    State-owned mining holding company Inalum now owns a 51 percent from the previous figure of 9.36 share of gold and copper miner PT Freeport Indonesia after years of “tough” negotiations, President Joko “Jokowi” Widodo announced on Thursday.

    Previously, US mining giant Freeport McMoRan Inc. (FCX), a parent company of PT Freeport Indonesia, owned 90.64 percent of PT Freeport Indonesia’s shares. Jokowi said the completion of Freeport’s divestment was a breakthrough for Indonesia, because the country could now enjoy more taxes, royalty and dividends from the company