Indonesia drafts investment rules to spur exploration in 67 basins
The proposed framework would let the government tailor production-sharing terms and investor obligations to the geology and risks of each area.
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The proposed framework would let the government tailor production-sharing terms and investor obligations to the geology and risks of each area.
Agoes Projosasmito increased his holding to 11,402,300 shares through two purchases on 26 October 2026.
The standard ceiling is 2.5 per cent of projected regional revenue, with exceptions subject to debt limits and repayment-capacity requirements.
The second-stage programme is scheduled for 22 October 2026 to 21 January 2027, following an earlier allocation of up to Rp500 billion.
The minister said subsidised Pertalite prices would not rise as the government seeks long-term contracts for fuel and LPG.
The bank intends to use internal cash for the purchases, with the buyback expected to run from 27 October 2026 to 26 January 2027.
About 7.22 million people remained unemployed, while the labour force reached 155.41 million, according to Statistics Indonesia.
The Indonesian bank reported 22.2% annual loan growth, while its gross non-performing loan ratio improved to 1.9%.
Indonesian guests King Nassar and Lesti Kejora joined the Malaysian singer, while Noraniza Idris returned for a reunion performance of Hati Kama.
Indonesia is targeting potential resources of 2.6 billion barrels of oil equivalent through exploration in 2026, according to SKK Migas.