Danantara CEO Rosan Roeslani’s consolidation drive to reduce the number of SOEs from more than 1,000 to just over 200 will only succeed if accompanied by transparent governance, political will and an overdue reset in the business culture at state firms, economists say.

Climate shocks drove the cost of arabica soaring, with the beans hitting an all-time high in February 2025. That has been compounded by elevated transport costs and the 50 percent tariffs imposed by President Donald Trump since August 6 on many products from Brazil.

The Finance Ministry is investigating the accumulating savings of regional administrations that it sees as contradicting regional leaders’ recent complaints about reduced central government transfers.

Li, during a visit to Washington in August, had allegedly threatened that "China would unleash chaos on the global system if the US went ahead with our docking fees for Chinese ships", Bessent said in an interview with media outlet CNBC on Wednesday.

The upgraded facility will boost Balikpapan’s processing capacity to around 360,000 barrels per day (bpd), overtaking the Cilacap refinery as the country’s largest.

The President ordered authorities to step up enforcement earlier this month in islands rich in the metal used in everything from electronics to making glass.

China's economic growth slowed to the weakest pace in a year in the third quarter, as a property crisis and trade tensions hurt demand, leaving policymakers with the daunting challenge of rebalancing GDP drivers towards greater consumption over time.

The government must zero in on strengthening manufacturing, cutting logistics costs, ensuring legal certainty and preserving fiscal credibility if it wants to turn the President's 8 percent growth dream into reality, experts say, and perhaps kill the free meals program..

Through policy decrees and institutional restructuring, Prabowo has tightened the state’s authority over fiscal resources and assets, as evident in his push for a more active role for state-owned enterprises (SOEs) in key industries and top-down approach to welfare.

The move comes after the 2023 release of The Super Mario Bros. Movie, co-produced with major United States animation studio Illumination, boosted sales of games in the franchise after becoming a record-breaking global hit.

The government is rolling out another stimulus package worth Rp 30 trillion for the fourth quarter, primarily focusing on cash transfers and graduate internships.

Star Wars: Starfighter is filming in Britain, soundstages in Hungary are packed and post-production houses in Australia are humming, as the global film industry keeps rolling despite US President Donald Trump’s renewed threats to impose tariffs on movies made outside of the United States.

Increasing deliveries of the popular single-aisle airplane is critical to restoring Boeing's financial stability, following years of production disruptions and crises that have left it deep in debt and losing money as planemakers receive the bulk of a customer's payment when they hand over an airplane.

English winemakers are betting that surging exports can sustain their once novelty product after domestic sales growth slowed, hoping for a boost from Britain's warmest summer on record this year as climate change optimized conditions.

Investment growth slowed in the third quarter as foreign direct investment (FDI) logged its steepest annual drop in five years, while domestic investors continued to sustain the gains.

Canberra has officially revoked the antidumping duty (BMAD) on clear float glass products from Indonesia, opening a new chapter for exporters, after an Australian competitor ceased production.

Amid the escalating trade war between the US and China, the former senior minister emphasized that Indonesia must “show dignity” as a sovereign nation by not bowing to pressure from Washington.  

The dollar remained on the back foot on Friday as global trade frictions and signs of weakness in the US economy supported the case for more rate cuts by the Federal Reserve.

Garuda Indonesia has appointed Glenny H. Kairupan, a retired military officer and member of President Prabowo Subianto’s Gerindra party, as its new CEO, a move analysts say tightens political oversight of the state-owned enterprise.  

The president pledged to strengthen oversight, introduce stricter sanitation procedures and invest in new kitchen equipment and water filters amid reports of food poisoning in the free meals program.

The government’s plan to blend 10 percent ethanol into all gasoline faces uncertainty as key ministries offer conflicting timelines and targets, reflecting internal disagreement over the policy.

APRIL Group, a leading manufacturer of pulp, paper and board products, and the International Union for Conservation of Nature (IUCN) have announced a five-year strategic collaboration aimed at strengthening conservation science and improving biodiversity outcomes.

Canadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest US$13 billion in the United States threatens Canadian jobs, urging action to counter what they called another casualty of President Donald Trump's trade war.

Stocks rose across most of Asia on Thursday, with the chip sector buoyant following a strong rally among US peers overnight.

The finance minister plans to postpone enforcing a withholding tax on e-commerce transactions, but not everyone is on board with that decision.

The finance minister said the funds have not been allocated yet, so there was no real money to be returned, while urging better absorption in the free meals program.  

Indonesia has long struggled to lift its tax-to-GDP ratio beyond the 10 percent mark, with the figure worsening from 10.3 percent in 2023 to 10.08 percent last year.