Deputy Mining Minister Yuliot Tanjung told reporters the approval was "currently being consolidated" and declined to give an indication of the quota.

Venezuela, whose President Nicolas Maduro was captured by US forces on Saturday, according to US President Donald Trump, has the world's largest oil reserves.

The "Edit Image" button feature first rolled out in late December on Grok allows users to modify any image on the platform, with some users deciding to partially or completely remove clothing from women or children in pictures, according to complaints.

From the unravelling of eFishery saga to corruption probes ensnaring venture capital executives tied to state-backed funding at TaniHub, the year stripped the gloss from Southeast Asia’s most coveted start-up market.

S&P Global's latest manufacturing PMI report showed the December reading slipped 2.1 points to 51.2 from the previous month, though it noted that surveyed firms anticipated a pickup in demand in the new year.

The bourse has marked its first trading day of 2026 on Friday with the IDX Composite rising 1.17 percent to 8,748.13 points.

The injections are part of Rp 276 trillion in government deposits redirected from the government’s accounts at Bank Indonesia (BI) in September and November to support liquidity at state-owned banks.

Stocks began 2026 on a positive note in holiday-thinned trade as investors braced for a year set to test the AI-led rally, usher in a change of guard at the Federal Reserve and potentially more market turbulence under Donald Trump's presidency.

Pertamina made its first purchase of crude oil produced by a community-managed operation in Jambi, since a 2025 ministerial regulation was enacted to formalize previously illegal small-scale operators.

Despite a slowdown in the first nine months of 2025, Finance Minister Purbaya Yudhi Sadewa says Indonesia’s economy could outpace the government’s own budget assumption.

China's economy is expected to have grown "around 5 percent" in 2025, President Xi Jinping said on Wednesday, despite "pressure" during a year he described as "very unusual", state media reported.

Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometer semiconductor chips, the company said in a statement seen by AFP on Wednesday.

The IDX Composite index inched up on Tuesday, the last trading day of 2025, to close the year at 8,646.94 points, which marks a 20.71 percent year-to-date (ytd) gain.  

The US dollar held steady on Wednesday but was headed for its biggest annual drop since 2017 as interest rate cuts, fiscal worries and erratic trade policies under US President Donald Trump cast a shadow on currency markets in 2025.

The Indonesian bourse recorded a 22.1 percent gain since the start of the year to rank third in performance among Southeast Asia’s equity markets, and outlooks by leading financial research firms point to continuing resilience in 2026.

The coal industry is bracing for heightened uncertainty and margin pressure following the introduction of a new price reference system that industry players warn will complicate pricing and erode Indonesia's export competitiveness.

The comments followed a statement by Coordinating Economy Minister Airlangga Hartarto on Friday that manufactured products such as garments and textiles would receive no exemption from the United states' 19 percent tariff.

Domestic players must adapt agilely and effectively to a noticeable shift in segment-specific consumer behavior amid weaker purchasing power, whether to more affordable products or reduced spending, including strategic marketing that takes a balanced approach to incorporating both online and offline channels.

An INDEF economist has said the loan growth target must aim for a higher target of 15-16 percent next year rather than 8-12 percent at present to boost GDP.

Precious metals extended losses Tuesday on profit-taking after hitting recent records, while equities fluctuated in quiet trade as investors wound down ahead of the New Year break.

After a lack of progress in their 3-million-homes pledge this year, the government has signaled a shift in focus toward renovation rather than new construction.

As a 34-year-old based in Jakarta, Rosa “Ocha” Wardani is all too familiar with how the local society treats someone referred to as plus-size. After having her third child in 2018, she was well aware of how her weight could not seem to go down, adding that she puts on an extra 10 kg every time she’s carrying a child.

Labor groups are demanding the wage be raised to Rp 5.89 million, in line with Jakarta’s decent living needs as calculated by Statistics Indonesia (BPS).

The energy minister has reinforced a plan to gradually reduce diesel imports over the first two months of 2026 toward a full ban in March, pointing to sufficient domestic supply and a potential for combining increased local output with hiking the national biodiesel program to 50 percent.

Bali Governor I Wayan Koster attributed the decline to a reduced number of domestic flights, noting that several aircraft operated by national flag carrier Garuda Indonesia and its subsidiary Citilink are currently undergoing maintenance  

GSM, officially known as Green and Smart Mobility JSC, is targeting a valuation of US$2 billion to $3 billion in the initial public offering that could take place in late 2026 to early 2027, two sources said.

Asian stocks were at six-week highs on Monday, while the dollar hovered near its lowest in almost three months on expectations of the Federal Reserve cutting interest rates next year, which have also sparked a fierce rally in precious metals.