The shrimp was processed at an industrial estate near Jakarta that was later found to be contaminated with of Cesium 137 and the country's nuclear agency is seeking to pinpoint the size of the area affected.

Domestic investors are driving a stock market rally while riding a global gold price rally, a trend analysts tie to a combination of a weakening dollar and optimism over domestic pro-growth policies.  

For many aspiring homeowners, a rent-to-own scheme is being hailed as a lifeline to homeownership, but they stressed that the scheme will only succeed if the monthly payments remain truly affordable.

The government has suspended TikTok's registration to provide electronic systems after the company failed to hand over all data relating to the use of its live stream feature, a government official said on Friday.

The former Kadin chief's new equity firm, Sriwijaya Capital, aims to bring Southeast Asian opportunities to the Gulf and vice versa as part of its broader mission to support the government's "Indonesia Inc" intitiative.

The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.

However, Finance Minister Purbaya Yudhi Sadewa has raised objections to the tax amnesty policy, arguing that it would not encourage businesses to become compliant taxpayers, as they would simply expect repeated leniency.

Among its early projects are a Haj village in Saudi Arabia, upstream energy ventures with Pertamina and waste-to-energy plants in Indonesia.

Major private fuel retailers face supply shortages after rejecting an offer to purchase base fuel from state-owned energy giant Pertamina over its ethanol content.

Under the new structure, BP BUMN will act as the sector’s regulatory agency, while Danantara will serve as the executor in charge of around 1,000 state firms and as guarantor for investment holdings.

Malaysia will once again take centre stage in the global palm oil industry as it hosts the prestigious Malaysian Palm Oil Board International Palm Oil Congress and Exhibition (PIPOC 2025) from 18 to 20 November at the Kuala Lumpur Convention Centre (KLCC). The biennial event, organised by the Malaysian Palm Oil Board (MPOB) the nation’s leading oil palm research and development agency under the Ministry of Plantation and Commodities (KPK), is among the world’s largest platforms for knowledge exchange and innovation in the sector.

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

Danantara has raised Rp 50 trillion through its first so-called patriot bond, with part of the proceeds earmarked for renewable energy and waste-to-energy projects. The company expects to launch initial tenders by the end of October.

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.

Indonesia has achieved the highest trade surplus in years thanks to soaring exports of manufactured goods as traders sought to place orders ahead of rising United States import tariffs.

Rice, traditionally a major driver of inflation, provided relief in September, with prices falling for the second time this year after a decline in April.

Indonesia’s manufacturing PMI reached 50.4 in September, marking the second straight month to remain above the 50-point threshold, reflecting the general trend across Southeast Asia.

The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

A survey from Boston Consulting Group (BCG) reveals that firms in Southeast Asia are sending a clear signal: what they need now are structural interventions at the regional level, not short-term relief.

Wall Street futures slipped, gold struck a record high and Asian stocks wavered on Wednesday, as the deadline passed for a US government shutdown that is expected to delay the release of crucial jobs data and muddy the interest rate outlook.

The US lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the US Senate and President Donald Trump threatened to extend his purge of the federal workforce.

The Public Housing Savings (Tapera) program is in limbo after the Constitutional Court struck down its legal basis, with judges declaring compulsory contributions from all workers and employers an unfair burden on both.

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision.