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NEWS UPDATES Asean Affairs   February 14, 2018  










Ministry revokes 22 regulations on energy sector

The Energy and Mineral Resources Ministry has cut 22 regulations on the energy sector in an effort to simplify the business permit issuance process.

The cuts are in addition to the 32 regulations scrapped by the ministry on the oil and gas and mining sectors, recently.

“We decided to cut the regulations we considered to have hampered investment in accordance with directives from the President [Joko ‘Jokowi’ Widodo],” Minister Ignasius Jonan told reporters at a press conference at the ministry office in Jakarta on Monday.

This year, the government aims to attract US$50 billion in investment in the energy sector, well above last year's realized figure of $26 billion.

The 22 regulations that were revoked or merged consisted of 11 decrees under the ministry’s Directorate General of Oil and Gas, seven under the Directorate General of Mineral and Coal, seven under the Directorate General of New and Renewable Energy and three under the the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas).

Jonan said the ministry was anticipating further regulation cuts in the upcoming weeks. “With all these cuts, we hope the flexibility [of the energy sector] will improve,” he said.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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