Tag Archives: the jakarta post

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 […]

Transportation Minister Budi Karya Sumadi has said that the government plans to develop 10 new airports to support the development of tourism in the country. He said the government was discussing financial resources for the planned projects. “The valuation process is being discussed by the Finance Ministry,” Budi said in Jakarta on Wednesday as reported by kompas.com. Airports would be […]