View Point: Regional governments get 10% share in new & renewed oil, gas concessions

Vincent Lingga,The Jakarta Post, Jakarta | Sat, December 3 2016 | 08:10 am The energy and mineral resources minister is finalizing a regulation that will entitle regional governments to 10 percent participating interests in new and renewed oil and gas mining concessions in a more concerted effort...

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View Point: Concept of subsidies for renewable energy misunderstood

Vincent Lingga The Jakarta Post, Jakarta | Sat, October 1 2016 | 08:03 am The development of renewable energy sources such as solar, micro-hydropower and palm oil-based biogas, notably in rural areas, could virtually stop next year after the Budgetary Committee of the House of...

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Promotion of green building concept needs firm regulations

Vincent Lingga, The Jakarta PostSingapore | Sat, September 10 2016 | 09:22 am Global trends in environmentally sound construction were showcased to more than 800 property developers, urban planners, architects, engineers, builders and landlords at a three-day conference in Singapore that...

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Mahakam oil and gas block a litmus test for Pertamina

The Jakarta Post, Vincent Lingga, Sat, July 23 2016 | 12:55 pm It is now futile to debate the government’s decision of July 2015 not to renew the production sharing contract (PSC) of Total Indonesie of France and Japan’s Inpex for the Mahakam oil and gas block in East Kalimantan and instead award...

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Tax amnesty tells evaders to ‘stop hiding and come home’

21 Jun 2016 The Jakarta Post Vincent Lingga THE JAKARTA POST/ JAKARTA   A national political consensus is now highly probable for legislating the tax amnesty, a fiscal facility previously despised as an insult to the public’s sense of justice and a blank check for businesspeople and tax evaders...

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VAT dispute with coal producers affects investment

9 Jun 2016 The Jakarta Post High tax burdens associated with preparing, filing and paying taxes and with the post-filing process that involves tax audits, tax refunds and tax appeals have been a major factor that has made Indonesia’s rank in the World Bank’s annual ease of doing business survey...

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China’s belt initiative begins packaging projects

Vincent Lingga, 24 May 2016 The Jakarta Post The Baker & McKenzie report also warns that Chinese and Western companies are different in terms of culture, management models and operating styles. Also adding to the mix is the cobweb of local and international laws to which companies must comply...

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View Point: Misguided decisions in the oil and gas industry

The Jakarta Post, May 14, 2016, Vincent Lingga First, the blunt facts: None of the eight oil and gas blocks offered last year by the regulatory body SKKMigas were taken up by contractors. The number of drilled exploratory wells fell to 52 last year from 83 in 2014 and an average 104 between 2011 and...

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HK eyes major role within China’s Belt-and-Road initiative

    Logistics hub:  Employers manage air cargo handling at the Hong Kong International Airport. Hong Kong is gearing up to seize business opportunities generated by the introduction of China’s “One Belt, One Road” infrastructure development initiative. (Courtesy of Hong Kong...

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Belt and Road Summit to focus on ASEAN infrastructure opportunities

Vincent Lingga, Tue, April 19 2016 | 08:35 am China’s One Belt One Road (OBOR) development agenda to boost connectivity between mainland China and 65 countries in Asia and Europe by building infrastructure ties fits well with the 2010 Master Plan on ASEAN Connectivity.The Hong Kong government,...

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Commentary: Jokowi's hardball may mothball Masela gas project until 2022

Vincent Lingga, Wed, March 30 2016 | 09:20 am President Joko '€˜Jokowi'€™ Widodo'€™s decision to choose an onshore liquefaction process for the giant Masela gas project could be right for domestic political consumption. But his hardball approach and policy inconsistency, without taking into account...

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View point: New financial safety law will accelerate bank consolidation

Vincent Lingga, Jakarta | Opinion | Sun, March 20 2016, 8:09 AMThe Financial System Crisis Prevention and Mitigation Law, which was approved by the House of Representatives on Thursday, will accelerate bank consolidation as big depositors, concerned about the safety of their savings, will most...

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Commentary: Decision on Masela plan will impact other giant gas projects

Vincent Lingga, The Jakarta Post, Jakarta | Commentary | Tue, February 09 2016, 6:18 PM The government’s decision with regard to the US$15 billion Masela gas development plan in Maluku will have a great impact on Indonesia’s hydrocarbon industry because most of the country’s promising sedimentary...

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View point: Strengthening Bulog’s role in achieving food security

Vincent Lingga, Jakarta | Opinion | Sun, January 24 2016, 3:32 PM The government’s plan to extend the oversight authority of the State Logistics Agency (Bulog) from only over rice to over 10 other food commodities, including sugar, cooking oil, beef, chicken, eggs, onions, chili and flour, should...

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