Indonesia to invest 17.59 billion USD in oil and gas industry
The Indonesian government will invest 246.26 trillion rupiah (17.59 billion USD) to implement upstream and downstream oil and gas projects in 2021, Director General of Oil and Gas at the Ministry of Energy and Mineral Resources Tutuka Ariadji said on January 18.
Jakarta (VNA) – The Indonesian governmentwill invest 246.26 trillion rupiah (17.59 billion USD) to implement upstreamand downstream oil and gas projects in 2021, Director General of Oil and Gas atthe Ministry of Energy and Mineral Resources Tutuka Ariadji said on January 18.
The amount of investment in upstream oil and gas projects is 2.1 billion USDhigher than the figure of 10 billion USD in 2020. Meanwhile, investment in downstreamprojects is to rise to 5.2 billion USD from only 1.8 billion USD in 2020.
Ariadji said the government will continue to cooperate with businesses to buildoil refineries, while continuing to simplify the licensing for downstream oiland gas exploitation, encourage thedevelopment of integrated oil and gas infrastructure and support the conversion of diesel oil tonatural gas./.
The Indonesian Government will reform the social welfare system with the aim of erasing extreme poverty in 2024, said Minister for National Development Planning Suharso Monoarfa.
Indonesia has depended much on imported fossil fuels in recent years, but the country’s Government is working to further reduce the import and phase it out by 2030.
President Director of Indonesia Financial Group (IFG) Robertus Billitea on January 10 said the group stands ready to support and compensate passengers on Srwiwijaya Air’s plane, which crashed into the sea on January 9 afternoon.
Another earthquake, measuring 4.2 magnitude, shook Majene district, West Sulawesi of Indonesia, on January 18, four days after a 5.9-magnitude quake jolted the central province.
Disasters and the ravaging COVID-19 pandemic have claimed nearly 4,000 lives in Indonesia since the start of this year, according to the National Search and Rescue Agency (Basarnas).
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Illustrative image (Photo: ) 
