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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.
2 months agoUntil the halt, Indonesia was one of the biggest suppliers of carbon credits to the international market, mostly through the REDD+ reforestation scheme. ...
2 months agoThe Industry Ministry is drafting a new regulation that will compel all industrial estates and factories across Indonesia to regularly report radiation survey results in response to the discovery of the radioactive isotope Cesium-137 (Cs-137) in the Cikande industrial area in Banten. ...
2 months agoThe comments come as the iPhone maker looks to sidestep US tariffs on shipments from countries including its production hubs, China and India, by boosting already hefty investment in the United States to $600 billion over the next four years.
2 months agoManpower Minister Yassierli said the ministry had issued a circular on Monday for local governments to help increase company participation in the effort.
2 months agoDecisions by most countries to not retaliate against US President Donald Trump's tariffs are among the top factors bolstering the global economy's resilience, IMF Managing Director Kristalina Georgieva said on Tuesday.
2 months agoThe finance minister said the state budget should play no role in restructuring the high-speed railway’s credit as the state-owned enterprises involved were managed by state asset fund Danantara.
2 months agoThe Dutch government has invoked a Cold war-era law to effectively seize control of Nexperia, a Chinese-owned chipmaker based in the Netherlands.
2 months agoThe landmark Indonesia-EU CEPA signals potential benefits for both sides and particularly wider and more certain market access for Indonesia.
2 months agoThe stipulation for determining the provincial minimum wage is usually made on Nov. 1, and Dec. 1 for regencies or cities.
2 months agoCoordinating Economy Minister Airlangga Hartarto said on Monday that the government had only granted PSN status to the tourism-related segment of the project, not its broader real estate development and that the delisting followed a formal review.
2 months agoThe United States and China on Tuesday will begin charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.
2 months agoThe latest rupture followed China's announcement on Thursday that it would dramatically expand its rare earths export controls. That drew a sharp countermeasure from Trump on Friday that sent markets and relations between the world's two largest economies into a spiral.
2 months agoThe government has launched a drive to increase productivity as Indonesia’s labor productivity remains among the lowest in Southeast Asia, threatening long-term growth. Experts warn that red tape, weak incentives and regional disparities undermine the competitiveness of local companies.
2 months agoPrivate fuel retailers have rejected a new import policy, triggering supply shortages and tough negotiations with the government.
2 months agoBusinesses have previously raised concerns that the new policy could disrupt cash flow and ultimately hurt global competitiveness.
2 months agoPresident Prabowo Subianto has dismissed Arief Prasetyo Adi from his post at the helm of the National Food Agency (Bapanas) and appointed Agriculture Minister Andi Amran Sulaiman as his replacement.
2 months agoThe mining giant has confirmed that smelting activity at its Gresik facility has been suspended for over a month after the copper concentrate supply was disrupted due to the operational shutdown at its Grasberg mine following the mudslide incident in September, which killed seven workers.
2 months agoAsian stocks dived for cover on Monday after fresh broadsides in the US-China trade war spooked markets with already stretched valuations, though there were signs risk sentiment had steadied with Wall Street futures bouncing.
2 months agoThe government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.
3 months agoExperts say the move contradicts President Prabowo Subianto’s promise of greater regional autonomy and risks fueling political tensions if not carefully managed.
3 months agoKadin has pointed to carbon markets as one of four key areas, while BloombergNEF notes the country's potential to become a net exporter of forestry credits to offset carbon emissions.
3 months agoThe White House said Friday it had begun mass layoffs of federal workers as President Donald Trump sought to amp up pressure on opposition Democrats to end a government shutdown that has crippled public services.
3 months agoChina, the world's largest bilateral creditor, has historically played a key role in financing infrastructure projects across the Global South, committing over $472 billion through its policy banks, the China Development Bank and Export-Import Bank, between 2008 and 2024.
3 months agoUS President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports.
3 months agoThe government wants to send thousands of Indonesians to Japan for work experience under a program that promises mutual benefits but that critics say is not without economic risks.
3 months agoThe Energy and Mineral Resources Ministry has issued a landmark regulation legalizing the exploitation of community-owned wells.
3 months agoFinance Minister Purbaya Yudhi Sadewa has unveiled plans to transfer an additional Rp 70 trillion to local banks, including regional lenders such as Bank Jakarta and Bank Jatim.
3 months agoThe government is getting in gear to launch its B50 biofuel program as part of the wider energy and food agenda, reducing exports and potentially putting the country on a footing to dictate the global CPO market.
3 months agoAsian equities staggered into the weekend Friday following a mixed week that saw a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.
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