The President and the DEN head have both stressed the need to cut red tape for the benefit of businesses operating in the country as well as to lure new companies to set up shop.

Stocks in Jakarta and other Asian markets fell on Friday in a downbeat end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors’ appetite for risk, keeping safe-haven gold near record highs.

US President Donald Trump on Thursday invoked emergency powers to boost domestic production of critical minerals used widely across the economy as part of a broad effort to offset China's near-total control of the sector.

Indonesian factories have laid off almost as many workers in the first two months of this year as in all of 2024, a labor union says, but the government counters that newly created jobs make up for the ones lost.

Offices in Jakarta are shifting toward green practices as developers seek to leverage growing market demand for environmental compliance amid an excess supply of office space.

Coordinating Economic Minister Airlangga Hartarto said developing SEZs had been a key strategy among Southeast Asian nations to attract investment and that Indonesia lagged behind with only 24 SEZs covering a total of 21,000 hectares.

The local subsidiary of US oil and gas giant ExxonMobil plans to finish drilling five wells in the Banyu Urip Field for a total of seven wells at East Java's Cepu Block, including two drills that went online last year.

With overall sentiment sliding due to policy "turmoil," prices are projected to rise faster than expected at least in part and perhaps largely because of President Donald Trump's plans to levy duties on imports from US trading partners. 

A leading business groups predicts a 12.3 percent decline in money circulation compared to last year’s Islamic festive season as the Transportation Ministry expects fewer people to leave urban centers for their hometowns.

Asia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street's rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year.

Analysts warn the currency could remain under pressure throughout 2025 and suggest investors turn to “defensive” stocks.

A weak rupiah exchange rate limits Bank Indonesia’s scope for further monetary policy easing at this time, but the central bank is pinning its hopes on the appeal of Indonesian stocks and bonds to lift the currency’s worth.

Officials began lifting borrowing costs last year after nearly two decades of ultra-loose monetary policies aimed at kickstarting torpid growth in the world's number four economy.

A road map for the production and use of hydrogen is expected to be published next month as the government is in the process of implementing its National Hydrogen Strategy.

The company said the battery and charging system, called "Super e-Platform", boasted peak speeds of 1,000 kW, allowing cars to travel up to 470 kilometres (292 miles) after being plugged in for just five minutes.

Indonesia's financial regulator said on Wednesday it would temporarily loosen share buyback rules following the worst market fall in more than a decade.

Industry Ministry data show the total manufacturing workforce expanded from 17.43 million in 2020 to 19.96 million by the end of last year.

Asian stocks were subdued on Wednesday and gold hovered near record highs. Indonesian shares swung between gains and losses in choppy trading a day after the stock market clocked its sharpest fall in nearly three years, with Bank Indonesia set to decide on interest rates later on Wednesday.

Experts view PTFI’s gold refinery as a major step for the national gold industry, but whether Indonesia can become a major player in the global market remains uncertain.

Aptrindo has announced that around 500 freight transportation companies in Greater Jakarta plans to hold a strike from March 20 to 21 to protest the government's policy restricting trucking operations over this year's 16-day collective leave for Idul Fitri.

Analysts suggest a downturn of the Indonesia Stock Exchange (IDX) Composite index, which gained momentum with a sudden plunge on Tuesday prompting a brief suspension of trade, is driven by a general sense of uncertainty rather than by fundamental weakness.

The government has agreed to impose a levy on coconut exports and derivatives, but has yet to decide whether to impose an export moratorium as proposed by the industry.

According to the energy minister, the gold and copper miner has committed to building two manufacturing facilities in the Gresik SEZ for producing finished copper products, such as foil and cables.

US President Donald Trump has imposed extra import tariffs on Chinese goods since taking office in January, as well as placing levies on key trading partner Canada, another key source of cobalt, used in aerospace, for the US

APRIL2030 includes 18 targets across four core pillars: Climate Positive, Thriving Landscapes, Inclusive Progress, and Sustainable Growth.

The move to increase mining royalties takes place as the government has seen a more than 30 percent decline in tax revenue that accounted for more than half of state revenue in the first two months of this year.

While coal gasification technology is not new, very few have ever applied the technology because of its poor economic returns with companies expecting huge incentives to make it worthwhile.