The US lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the US Senate and President Donald Trump threatened to extend his purge of the federal workforce.

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision.

Finance Minister Purbaya Yudhi Sadewa warned that he would pull FLPP funds if the Housing Ministry failed to fully absorb them for the subsidized housing program.  

US President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

The government has announced that "several projects" are in the pipeline to produce the two alcohols for its biofuel programs, as part of the broader national aim to achieve energy and food security.

The European Union plans to appeal a World Trade Organization ruling against Brussels’ import duties imposed on biodiesel from Indonesia, meaning the case is set to remain in limbo at the WTO’s paralyzed Appellate Body.

An automotive industry executive says quick policy intervention is needed to stimulate demand in the lackluster car market.

Indonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.  

With few vacancies on offer, young Indonesians are looking to enter the jobs market through the government’s new internship program, but will they find permanent employment at the end of it?  

Representing 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100 percent duties on branded drugs and 25 percent tariffs on heavy-duty trucks, set to come into force next week.

Duty-free access to the European Union market is supposed to help Indonesian micro, small and medium enterprises (MSMEs), but trade associations doubt it will be a panacea for boosting exports without tackling costs, compliance and capacity.

The CEPA, set to take effect in 2026, is expected to create a more predictable environment for investment in critical sectors such as clean technology, critical minerals and financial services.

The RCEP currently consists of China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations. 

EDC allocated financing for Indonesia’s sovereign wealth fund, particularly for projects in priority sectors such as infrastructure, cleantech, renewable energy, as well as agriculture and food.  

The World Trade Organization continues to play an important role in global trade despite its reduced ability to settle disputes between countries in an increasingly protectionist world.

Greer was speaking in Kuala Lumpur at the start of a meeting with economic ministers from the 10-member Association of Southeast Asian Nations, amid concerns within the export-reliant bloc over the impact of US tariffs on their economies. 

Tariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff.

The focal points of debate and disagreement shifted repeatedly over the years, ranging from palm oil policy to taxation, deforestation and ever-changing trade regulations.

A webinar on Monday discussed some of the challenges facing the palm oil industry in the country, which was now the world's largest producer and consumer of the commodity.

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

Bali, Batam, Bintan, Mandalika and Likupang are prime examples of areas projected to continue their growth as hubs for regional and international tourism.

The EU is Indonesia's fifth-largest trading partner with bilateral trade reaching $30.1 billion last year.

The Finance Ministry has unfrozen a large chunk of budget funds earmarked earlier this year for big-ticket flagship initiatives as spending on the free nutritious meal program has not scaled up as fast as anticipated.

The RCEP is seen as a potential buffer against tariffs imposed by US President Donald Trump's administration, though its provisions are considered weaker than some other regional trade deals due to competing interests among members.

A group of US lawmakers on a rare visit to Beijing told China's No.2 leader, Premier Li Qiang, that the world's two largest economies need to step up engagement and "break the ice" as both superpowers made further inroads into stabilizing ties.

The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.

After the August unrest, the government has projected higher spending next year that aims to accelerate economic growth. Doubts remain on whether it can generate enough revenue to finance the plan.   

Following deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion.