Six Forest Concession Permits Frozen Over Land Fires, Involving Prominent Tycoons and Singaporean Palm Oil Businesses
Business

Six Forest Concession Permits Frozen Over Land Fires, Involving Prominent Tycoons and Singaporean Palm Oil Businesses

Indonesia's Ministry of Forestry has suspended the permits of six companies holding forest concessions due to land and forest fires (Karhutla). These companies have alleged ties to prominent businessman 'Haji Isam' and palm oil-related businesses listed on the Singapore stock exchange.

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  • 11 Corporations Named Suspects in Forest Fires, 3 are Foreign Investment Companies

    Indonesia's National Police have named 11 corporations as suspects in forest and land fires (karhutla). Three of these are foreign investment companies (PMA), with further investigations ongoing. Separately, the Ministry of Forestry has suspended business permits for six companies in Central Kalimantan due to their involvement in forest fires.

  • Indonesia's BGN Returns Rp160.37 Billion to State Treasury Following BPK Findings

    Indonesia's state-owned enterprise BGN has returned Rp160.37 billion (approximately USD 10 million) to the state treasury, following findings by the State Audit Board (BPK). This action underscores efforts to ensure the proper management and transparency of public funds.

  • Gunungsewu Karst Under Tourism Industry Pressure

    Residents of Gunungkidul, Yogyakarta, are urging the Ministry of Environment to investigate tourism industry development in the protected Gunungsewu Karst area, citing risks of environmental damage and threats to local livelihoods. The development is jeopardizing the economic independence of the local community.

  • Jakarta Aims to Become a Film City, Modeling Busan to Boost Investment and Jobs

    The Governor of DKI Jakarta has announced a vision to transform Jakarta into a film industry hub, modeled after Busan, South Korea. The aim is to attract investment, create jobs, and stimulate local businesses, positioning Jakarta as a center for film production nationally and in Southeast Asia.