The directorate general of highway construction at the Public Works Ministry stated that it received a proposal to postpone new road construction for next year because of the limited available budget. 

Indonesia officially launched its latest biodiesel blending mandate on Thursday, requiring a fuel blend of half palm-based diesel and ​conventional diesel known as B50, as President Prabowo Subianto pushes to cut fuel imports and achieve energy self-sufficiency. The rollout of the new blend will raise domestic palm oil demand.  

The board’s decision reflects confidence in Sinha's leadership, strong performance and delivery of Indosat's AI-led transformation.

A policy brief released on Thursday has warned against the “illusion of cheap coal-fired power” created by the domestic price cap and the continued reliance on fossil fuels threatens to derail the country's energy transition goals.

Asian stocks rose sharply on Friday, led by chip and AI firms as investors brushed off concern over the stalled recovery of energy supplies through the critical Strait of Hormuz, with tit-for-tat attacks escalating between the United States and Iran.

Investors continue to face overlapping procedures involving multiple ministries and regional governments, which create uncertainty over land rights, permits and environmental approvals, according to the Indonesian Industrial Estate Association (HKI).  

Central bank indexes measuring consumer confidence and retail sales both dipped in June, pointing to ongoing weakness in household spending as a key pillar of Indonesia’s economy.

The Pertamina Pride, carrying 2 million barrels of Saudi Arabian crude loaded in early March, cleared the Strait of Hormuz on Wednesday after departing the Arabian Gulf a day earlier, according to Pertamina's shipping subsidiary. 

Indonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall.

The panel upheld one ​Indonesian complaint, concluding that the ​European Commission failed to correctly convert the currency of certain transactions.

The finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.

The Indonesia Stock Exchange (IDX) Composite index is expected to rebound in the second half as easing MSCI concerns, fiscal stimulus and attractive valuations lift investor sentiment, but policy uncertainty and external risks could temper gains.

Industry association, experts call for transparent, fair law enforcement to ensure legal certainty, market confidence and sustainable electricity in Indonesia.

In a meeting with BP Batam, the President has emphasized that the free trade zone and tropical attraction should serve as a national model for downstream industrialization, investment acceleration, regulatory reform and logistics efficiency.

The Financial Services Authority (OJK) has rolled out new rules for credit scoring through its Financial Information Services System (SLIK) in a bid to boost lending in productive sectors, including micro, small and medium enterprises (MSME) and for homebuyers. 

The benchmark IDX Composite index fell around 1.4 percent during the first trading session on Wednesday, although this was on a par with the declines recorded for Nikkei and KOSPI in the same period.

June marked the first increase recorded this year after five constant monthly declines since December 2025 when the reserves were at US$156.5 billion.

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in the Strait of Hormuz.

The National Police’s Criminal Investigation Department (Bareskrim) revealed that investigators had uncovered alleged irregularities in coal procurement involving two companies identified only by their initials, UBP and BRA.  

The workers opted to accept compensation packages offered by Tokopedia-owner TikTok rather than being laid off, Deputy House of Representatives Speaker Sufmi Dasco Ahmad said during a meeting called to clarify reports of mass layoffs.  

The biggest challenge for the implementation of B50 is how to balance palm oil demand between biodiesel, food needs and exports.

Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

An early draft version contains stipulations on special legal and taxation powers, which experts say could leave the country open to illicit financial activities such as money laundering with few economic benefits.

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.