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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.

    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.

    4Jul, 2018
    Jokowi Opens Indonesia’s First Wind Power Plant, It’s in Sulawesi

    As President Joko “Jokowi” Widodo inaugurated Indonesia’s first wind power plant in Sidenreng Rappang, South Sulawesi, on Monday (02/07), the government is getting closer to its ambitious target of obtaining more than a fifth of the country’s energy from renewable sources.

    The plant, also known as PLTB Sidrap, consists of 30 wind turbines which can produce up to 75 megawatts and electrify 80,000 households. The turbines in 40 percent consist of locally produced components.

    “This puts Indonesia among the few Asian countries that posses wind power plants, like Japan, China and Korea,” Jokowi said in a statement.

    Wind turbine in Sidrap. Photo courtesy: Yusran Uccang – Antara

    Sidrap started its development in 2015 with $150 million borne by a consortium comprising of UPC Renewables Asia I, UPC Renewables Asia III, Sunedison and Binatek Energi Terbarukan.

    A similar project in Bantul, Yogyakarta, also developed  by UPC Renewables, was shelved in 2017 due to land clearance problems.

    Jokowi seeks to connect 99 percent of Indonesians to the country’s grid by 2019, when his first presidential term ends. Currently, the electrification rate is 96 percent.

    Indonesia aims to have 23 percent of its total power coming from renewable resources by 2025, also to fulfill its climate change mitigation commitment, in accordance with the Paris Agreement.

    Today, only 14 percent of the country’s energy is clean. More than half of it still comes from coal-powered plants.

    (Source: Jakarta Globe)