President Prabowo Subianto on Monday inaugurated a slate of officials to lead two newly established agencies, a move seen as central to his administration's economic and infrastructure agenda.

However, royalties and taxes will still be calculated using the government’s coal benchmark price (HPB) and mineral benchmark price (HPM).

The Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive.

In a letter dated August 20, the regulator said it received 414 reports of the issue in various Honda and Acura vehicles' 3.5-liter V6 engine.

Indonesia’s life insurance industry posted higher revenue in this year’s first half as premium collection increased while claims declined.

Massive transformation and digitalization of banking services requires the strengthening of information security and consumer protection to withstand the high potential of cyberattacks.

Coal accounts for around half of China's power generation, down from three-quarters in 2016.

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

The Trade Ministry on Monday urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization backed the Southeast Asian country on several key claims in a complaint to the trade body.

President Prabowo Subianto has suggested that Daya Anagata Nusantara (Danantara) will play a big role in his short-term plan to balance the budget, but critics say that runs counter to the state asset fund’s design.

Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say.

President Donald Trump said on Friday his administration will conduct a "major" tariff investigation on furniture entering the United States, a step toward imposing higher duties on a sector already seeing tariff-fueled price increases.

The Finance Ministry has pledged to continue disbursing fiscal incentives for the housing sector in 2026, allocating Rp 3.4 trillion (US$208 million) for a value-added tax (VAT) waiver on home purchases.  

Indonesia brought the dispute to the WTO in 2023, alleging that the EU's imposition of duties on imports of biodiesel from the Southeast Asian nation broke the body's rules.

Experts point to waning interest from corporate sponsors, especially SOEs that have “reallocated budgets” to programs more closely tied to government priorities, as a key driver behind the wave of festival cancellations.

BMS Foods says it has suspended all production and shipments to the United States pending investigations by Bapeten, BRIN and the Maritime Affairs and Fisheries Ministry.

One of the key arguments for stablecoin adoption is its potential to reduce remittance costs for Indonesian migrant workers abroad.

Stocks in Asia edged higher in a shaky start on Friday as anxious traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium.

In June, the Indonesian Padel Association (PBPI) reported that Indonesia now has 133 padel courts, with 40 percent located in Greater Jakarta and 30 percent in Bali.

The planned 2026 budget pours more funds into fuel and coal subsidies than into renewable energy development, casting doubt on the government’s commitment to the energy transition.

The manufacturing sector showed notable improvement as its headline PMI rose to 50.5 from 49.8 in July, moving into expansion territory for the first time in more than three years.

Bank Indonesia (BI) has flagged declining loan growth in the country’s banking industry amid stricter lending standards and weak demand, emphasizing the need to boost credit disbursement to push national economic growth.  

The extended maintenance shutdown at Freeport's Manyar smelter in Gresik has forced the mining giant to offload 100,000 tonnes of copper concentrate to the global market, offering timely respite amid an unprecedented shortage of the raw material.

Railway operator PT Kereta Api Indonesia (KAI) has announced plans for a new train service tailored to the needs of farmers and traders by facilitating the movement of crops and goods across regions, empowering rural communities and bridging supply chains.

Bank Indonesia (BI) has unexpectedly made a back-to-back benchmark interest rate cut in its bid to bring out the true potential of the country’s gross domestic product (GDP) growth.

The United States Food and Drug Administration (FDA) has advised consumers and retailers to “not eat, sell or serve” frozen shrimp imported from an Indonesian company.

Downstream manufacturers nationwide are starting to feel the pinch a week after unscheduled maintenance triggered a sudden drop in the natural gas supply, though government data trace the decline back several weeks, with some resorting to costly fuel switching to maintain production output.