Indonesia Investments Report - January 2021 Edition: COVID-19 Crisis to Linger On?
Update COVID-19 in Indonesia: 1,298,608 confirmed infections, 35,014 deaths (23 February 2021)
23 February 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,272.81) +17.50 +0.28%
Tag: Coal
Below is a list with tagged columns and company profiles.
Today's Headlines Coal
-
-
Coal Mining Sector Indonesia: Earlier Talks about Extension of Contracts
The Indonesian government plans to allow an earlier submission of a request for the extension of mining concessions. Stakeholders say that this would considerably strengthen the investment climate in Indonesia's mining sector, specifically the coal mining industry, on the back of improved legal certainty.
-
Indonesia's Coal Production Volume Relatively Low So Far in 2018
-
Indonesia Delays Implementation Coal & Palm Oil Insurance Regulation
Both Indonesia's Trade Ministry and the Indonesian Coal Mining Association (APBI) confirmed that the mandatory national insurance for coal and crude palm oil (CPO) exports regulation has been postponed by another six months. Thus the regulation is now expected to come into effect per 1 February 2019.
-
Coal Mining Update Indonesia: Production, Export & Price
According to the latest data from Indonesia's Energy and Mineral Resources Ministry, the nation's coal production reached 163.4 million tons in the first half of 2018. This may seem a very low figure considering the Indonesian government targets national coal production at (a maximum of) 485 million in full-year 2018 (and not unoften this target is exceeded as local coal companies are eager to boost sales, particularly in times of high coal prices).
-
Coal Mining Indonesia: Rising Output in 2018 on High, Stable Price
This year's coal production in Indonesia is likely to top last year's figure of 461 million tons. In fact, coal production in 2018 may also exceed the production quota that was set by the Indonesian government as the nation's coal miners are eager to boost coal production amid stronger coal prices. Starting from 2015 coal prices have been in an upward trend; a trend that is continuing to date.
-
Indonesia Scraps Trade Ministry Regulation No. 82/2017 on National Shipping
The Indonesian government scrapped Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods. This regulation, which was originally scheduled to be implemented in May 2018 (but its implementation had already been postponed), would have made it mandatory to use local vessels (owned by Indonesian sea shipping companies) for the export of coal, crude palm oil (CPO), and rice.
-
Commodities: Benchmark Coal Price Indonesia Rebounds in June 2018
After having fallen over the past two months, Indonesia's benchmark thermal coal price (in Indonesian: Harga Batubara Acuan, or HBA) managed to rebound in June 2018. The HBA, a monthly price that is determined by Indonesia's Energy and Mineral Resources Ministry (and which is based on several global and domestic indexes), was set at USD $96.61 per ton in June 2018, up from USD $89.53 in the preceding month.
-
Indonesian Coal Mining Giant in Focus: Adaro Energy
-
Widodo Signs Coal Price Revision for the Domestic Market Obligation
Indonesian President Joko Widodo signed Government Regulation No. 8/2018 on the Implementation of Mineral and Coal Mining Business Activities (Regulation No. 8/2018) on Wednesday March 7th, 2018. This implies that the Indonesian government changed the price mechanism for coal that is sold at home under the domestic market obligation (DMO) scheme. Through the DMO, the central government forces local coal mining companies to sell part of their coal production at home.
Latest Columns Coal
-
Coal Mining Update: Contract Extension Relaxation, Price Pressures & the Government’s Dilemma
By revising Indonesian Government Regulation No. 23/2010, the Indonesian government plans to provide local coal miners more certainty by allowing an earlier submission of a request for the extension of mining concessions. Stakeholders in the mining sector argue that this would considerably strengthen the nation’s investment climate, specifically the coal mining industry, on the back of improved legal certainty.
-
Coal Mining Policies in Indonesia: Coal Price Cap to Be Removed?
Only a few months after the Indonesian government had imposed a price cap on mandatory sales of local coal to Indonesia's state-owned electricity company Perusahaan Listrik Negara (PLN) under the domestic market obligation (DMO) scheme, the government now plans to revise this regulation. Coming Tuesday (31/07) a high-level meeting is to take place where decisions will be taken.
-
Indonesian Coal Mining Companies in Focus: Indo Tambangraya Megah
Last week shareholders of Indonesia-based coal mining company Indo Tambangraya Megah decided to distribute USD $252 million in dividends to the company's shareholders, implying a nearly 100 percent dividend payout ratio of its full-year 2017 net income. The dividend payout is divided into USD $105 million worth of interim dividend (IDR 1,300 per share) and USD $147 million worth of final dividend (IDR 1,840 per share). Interim dividend was distributed on 21 November 2017, while the final dividend will be paid on 20 April 2018.
-
Domestic Market Obligation Indonesia: Coal Price Capped at $70 per Ton
Through Energy and Mineral Resource Ministry Regulation No. 19/2018 on the Procedures for Determining Benchmark Prices of Metal and Coal Sales as well as through Energy and Mineral Resource Ministry Regulation No. 1395 K/30/MEM/2018 on the Selling Price of Coal for the Electricity Supply for the Public Interest the Indonesian government confirmed a new set of rules in the coal mining sector, specifically regarding coal that is sold domestically under the domestic market obligation.
-
Coal Mining Indonesia: Producers to Boost Production in 2018
The big Indonesian coal miners that are listed on the Indonesia Stock Exchange expect to raise their production volumes in 2018 amid rising global demand and the subsequent stronger coal price. Moreover, most local coal companies were heavily affected by bad weather in 2017 and therefore their output had been curtailed naturally, while coal prices had actually been skyrocketing since mid-2016.
-
Gov't Orders Local Shipping Services to Handle Coal & CPO Exports
Through Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods the Indonesian government requires exporters of crude palm oil (CPO), coal and rice to use ships that are owned by local sea transport companies as well as to use domestic insurance. This regulation will come into effect, gradually, per May 2018.
-
Indonesian Coal Mining Companies in Focus: Adaro Energy
Amid rising mining commodity prices, Indonesian coal mining company Adaro Energy saw its share price surge at the start of 2018. The mining index is actually the best-performing index so far this year in Indonesia, rising 13.58 percent since the start of the year. Being a mining company - or more precisely an energy company (as it recently entered the power generation sector) - Adaro Energy is among the major beneficiaries.
-
Indonesian Coal Miners Looking for Acquisitions to Boost Capacity
A number of listed coal mining companies on the Indonesia Stock Exchange are eager to raise production capacity amid attractive coal prices. One way to boost production capacity is through the acquisition of other coal miners. Indonesia's key thermal coal price (Harga Batubara Acuan, HBA) - the monthly benchmark price that is set by the Energy and Mineral Resources Ministry - rose slightly to USD $94.80 per metric ton in November 2017.
-
What Are Indonesia's Top Foreign Exchange Earners?
Foreign exchange earnings are important assets for a national economy. Therefore, many nations have recently been taking a much more protectionist approach vis-à-vis trade in an effort to strengthen their trade positions, generate trade surpluses, hence see the inflow of more foreign exchange earnings. Foreign exchange assets support a stable local currency as well as economy.
-
Indonesian Heavy Equipment Firms in Focus: United Tractors
Sales of United Tractors, the largest distributor of heavy equipment in Indonesia and part of the Astra Group, continue to climb in 2017. In fact, the management of United Tractors now expects full-year 2017 sales to exceed their initial forecast. Sara Loebis, Corporate Secretary of United Tractors, said the company has therefore raised its forecast for full-year heavy equipment unit sales from 3,000 to 3,200 units.
Associated businesses Coal
- ABM Investama
- Adaro Energy
- Akbar Indo Makmur Stimec
- Aneka Tambang (Antam)
- Asia Natural Resources
- Bakrie & Brothers
- Bara Jaya Internasional
- Baramulti Suksessarana
- Bayan Resources
- Berau Coal Energy
Other Tags
- Rupiah (1089)
- Indonesia Stock Exchange (756)
- Inflation (653)
- Bank Indonesia (603)
- GDP (594)
- Federal Reserve (529)
- Jakarta Composite Index (503)
- China (442)
- IHSG (412)
- BI Rate (404)
Today's Headlines
- Monetary Policy: Bank Indonesia Offers More Accommodative Policies
- January 2021 Trade Data Brings Renewed Concerns Over Indonesia’s Import Performance
- Subscriber Update Indonesia: COVID-19 Recession Persists in Q4-2020
- Political, Economic & Social Developments in Indonesia: January 2021 Report
- Subscriber Update: Indonesia's 2020 Population Census