Thursday , 21 November 2019
Home » Press Release

Press Release

Increasing Transparency of Extractive Industries, Government Launches the 6th EITI Indonesia Report

Indonesia berkomitmen untuk terus menegakkan prinsip transparansi pada sektor migas dan minerba. Untuk itu, Pemerintah meluncurkan laporan tahunan Extractive Industries Transparency Initiative (EITI) tahun pelaporan 2016. Laporan EITI Indonesia tahun 2016 ini merupakan laporan ke-6 sejak Indonesia menjadi negara pelaksana EITI. “Laporan ini sesuai dengan standar EITI yang menyaratkan publikasi maksimal 2 tahun berjarak dari tahun berjalan. Laporan ini sebelumnya juga sudah dipublikasikan dan dapat diakses oleh masyarakat pada akhir tahun 2018,” ujar Deputi Bidang Koordinasi Pengelolaan Energi, Sumber Daya Alam, dan Lingkungan Hidup Kementerian Koordinator Bidang Perekonomian Montty Girianna dalam Peluncuran Laporan EITI Indonesia Tahun Pelaporan 2016 dan Diskusi ... Read More »

Press Release: Importance of Transparency for Improving Governance in the Mining Sector

Jakarta, September 26th, 2018 – In an effort to uphold the principle of transparency and efforts to improve governance in the extractive industry sector (oil and gas), the Coordinating Ministry for Economic Affairs held a Focus Group Discussion:  Domestic Market Obligation (DMO) of coal and its implications in Aryaduta Hotel. This activity is one of the efforts carried out to meet the standards of the Extractive Industries Transparency Initiative (EITI) which currently has been implemented by 51 countries, including Indonesia. EITI continues to encourage transparency in the governance of natural resources, including the mineral and coal sector to the public. ... Read More »

Press Release: Government Demands Transparency of Beneficial Owners of Extractive Industries Corporations

Kuta, 10 August 2018 – In an effort to increase the transparency of the oil and gas and mineral and coal sectors, Coordinating Ministry for Economic Affairs conducted a socialization on the implementation of the Extractive Industries Transparency Initiative (EITI) and Beneficial Ownership (BO) Reporting at Bali Dynasty Resort, Kuta, Bali. BO transparency or the owner of corporate benefits is one of the things required by the EITI Standard, where Indonesia is one of the implementing countries for EITI along with 50 other countries.  In many extractive resource-rich countries, the secrecy of corporate ownership is one of the causes of ... Read More »

Press Release: Transparency for Improving Commodity Trading Governance of Oil and Gas

Jakarta, July 20, 2018 – In an effort to increase the transparency of the oil and gas sector, the Coordinating Ministry for Economic Affairs held an Oil and Gas Commodity Trading Forum at the Borobudur Hotel, Jakarta. Information disclosure in the oil and gas sector is one of the things required in the Standard Extractive Industries Transparency Initiative (EITI), in which Indonesia is one of the implementing countries for EITI along with 50 other countries.  Transparency of oil and gas trade is based on the number of State-Owned Enterprises (SOEs) in many countries, which play an important role in the ... Read More »

Press Release: Transparency as Efforts to Improve Governance of Distribution of Revenue Sharing Funds

In an effort to uphold the principle of transparency in the extractive industry sector oil and gas at the national and regional levels, the Coordinating Ministry for Economic Affairs held Focus Group Discussions (FGD) at Aston Hotel, Batam, April 9, 2018, Riau Islands. This activity discusses the distribution of Revenue Sharing Funds (DBH) in the extractive industry sector. DBH is a fund sourced from APBN revenue that is distributed to regions based on a certain percentage figure. The discussion of the DBH issue is closely related to the principle of transparency which has been echoed by the Extractive Industries Transparency ... Read More »

Press Release Civil Society Representative: Presidential Decree of Principles Recognizing “Beneficial Ownership” is a Momentum for Accelerating Eradication of Corruption

Jakarta – National Coalition to Publish What You Pay (PWYP) Indonesia gives positive appreciation for the issuance of Presidential Regulation (Perpres) Number 13 of 2018 concerning the Principle of Recognizing Benefit Owners of Corporations in the Context of Prevention and Eradication of Crime of Money Laundering and Terrorism Funding Crime (TPPU / PT). The regulation signed by President Jokowi on March 1, 2018 requires each corporation (such as limited liability companies, foundations, associations, cooperatives, partnership partnerships, firm associations, and other corporate forms) to determine, report and update the ‘Benefit Owner’ of the corporation . Corporations’ Benefit Owners in this Presidential ... Read More »