The government plans to use the simplified categories "special" and "regular", with Bappenas to set the standard price for the latter, to combat the illicit practice of blending different grades of rice for selling at premium prices, which the President has condemned as a brazen "criminal act".

Australia's Prime Minister Anthony Albanese said on Sunday that a decision to ease rules on US beef imports was not prompted by US President Donald Trump.

EU chief Ursula von der Leyen and US President Donald Trump said Friday they would meet in Scotland this weekend in a decisive push to resolve a months-long transatlantic trade standoff.

While acknowledging the inherent trust demonstrated by foreign banks in committing to such a large amount, and without collateral at that, economists have questioned the urgency of the move and cautioned about potential risks such as mismanagement and project selection.

Indonesia has yet again recorded a drop in the poverty rate that signals a narrowing of inequality as measured through the Gini coefficient.

The initiative, which could cost around $100 billion, would involve building solar farms of 1 to 1.5 hectares in each village across the archipelago.

Southeast Asia is now a leader in sustainable business growth. While companies around the world have reacted to a backdrop of global instability by watering down their sustainability commitments, the region’s private sector is staying the course and forging ahead.

The initial CEOR phase could increase output by 2,800 barrels per day (bpd), with production rising to between 30,000 and 50,000 bpd by 2028 after further scaling.

Asian stocks fell Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row back their expectations for interest rate cuts.

The initiative aims to monetize around 100 million tonnes agricultural waste a year, which come from the palm oil and sugar industries, among others.  

A trade agreement between Indonesia and the United States set to include provisions on personal data transfers has raised alarms about the potential undermining of Indonesia’s data sovereignty.  

Energy and Mineral Resources Ministry secretary general Dadan Kusdiana insists that critical mineral exports to the US will remain strictly regulated under domestic laws, despite a new bilateral agreement to remove trade barriers.

The government has reiterated its commitment to accelerate the extension of the Whoosh Jakarta-Bandung line to Surabaya, despite experts' warnings that the train’s heavy losses could make the expansion a risky move.

Ursula von der Leyen, the president of the European Union Commission, called for an "essential" rebalancing of trade ties with China, saying ties stood at an "inflection point".

It is the firm’s third consecutive quarter of declining profitability, as the company faces intensifying electric vehicle competition and contends with backlash over Elon Musk’s political activities.

Indonesia also agreed to remove local content requirements for US firms, recognize US standards for vehicle and medical products, drop onerous licensing on US farm goods while recognizing US regulatory oversight and lift labeling and pre-shipment inspection mandates.

Without mandatory government blending program and subsidy mechanisms, the biodiesel market would not be commercially viable, experts say.

Once fuel subsidy changes are implemented, Malaysians will see prices at the pump drop to 1.99 ringgit per liter, compared to the current price of 2.05 ringgit. Foreign nationals however will have to pay unsubsidized market prices for the fuel.

The latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.

Indonesia will remove recently enacted pre-shipment inspections and verifications of US exports that have posed problems for US agricultural exports.

The United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a US$550 billion package of US-bound investment and loans from Tokyo.

While revenue has weakened, investment in the upstream sector posted strong growth.

Indonesia, despite being ASEAN's largest economy, faces a complex web of obstacles hindering its financial deepening and leaving its capital markets shallow when compared to those of regional peers.

Industry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.

Publicly listed conglomerate PT Astra International (ASII), through its subsidiary PT Saka Industrial Arjaya (SIA), is set to acquire an 83.67-percent stake of warehouse company PT Mega Manunggal Property (MMLP).  

The United States has long called for better market access for its farm products from beef to apples and potatoes. US President Donald Trump in April slammed steep tariffs on rice in South Korea and Japan.

Apple and General Electric were also mentioned in the presentation as US firms that will benefit from relaxed local content requirements.