Public Housing and Settlements Minister Fahri Hamzah said the backlog, which measures the gap between home demand and existing ownership, is estimated to have increased to 15 million from the previous 9.9 million to 12 million units in the past two years.  

Agriculture Minister Andi Amran Sulaiman said Indonesia cannot export rice to Malaysia to maintain domestic rice stocks.

US Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said on Tuesday that the agency plans to remove synthetic food dyes from the US food supply by revoking authorizations of some and working with industry to voluntarily remove others.

The return of aggressive protectionism under Trump 2.0 presents an opportunity for Indonesia to increase its competitiveness and role in the global trade landscape, but this will require more investment and effort at home, as well as political will.

Worldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.

People living in Greater Jakarta area took to social media expressing their frustration as they were stuck in traffic leading to the port for hours.  

As a top-tier government delegation kicks off trade talks in Washington, Jakarta is counting on critical minerals to help secure access to the United States market for Indonesian goods, but the highly protectionist administration led by President Donald Trump is looking to reduce import dependence in that area too.

The government has vowed to trade with China as usual after Beijing warned other countries against striking tariff deals with the United States at China’s expense.

True to form, Indonesia has taken a trade diplomacy approach in response to a report by the US Trade Representative criticizing QRIS as a foreign trade barrier, highlighting Jakarta's readiness to cooperate with Washington on the matter.

The Energy and Mineral Resources Ministry has criticized South Korea’s LG Energy Solution’s decision to withdraw from a Rp 142 trillion (US$8.45 billion) project to develop electric vehicle (EV) battery manufacturing in Indonesia.

The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.

Gold prices hit a fresh record on Monday while the dollar tumbled further along with Wall Street equities as President Donald Trump again slammed Federal Reserve Chair Jerome Powell.

Indonesia unexpectedly booked a large trade surplus in March thanks to surging exports to the United States before import tariffs imposed by US President Donald Trump took effect.

LPG is the primary cooking fuel for households across the country and Indonesia largely relies on imports of the commodity to meet domestic demand.

Telkom’s Telkomsel currently leads Indonesia’s mobile market, closing out 2024 with 159.4 million subscribers, followed by IOH with 94.7 million users and XLSmart with 94.5 million.

The guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur Indonesia (PT PII), the ministry’s infrastructure guarantee vehicle.

Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve.

China on Monday warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiraling trade war between the world's two biggest economies.

Fiscal discipline is the key to riding out the "perfect storm" swirling around the state budget due to weakening exports amid a global trade war and planned tariff concessions to appease Washington, according to economists who also cautioned about the government's readiness in strategizing for a worst-case scenario.

The 737 MAX, which was meant for China's Xiamen Airlines, landed at Seattle's Boeing Field at 6:11 p.m. (0111 GMT), according to a Reuters witness. It was painted with Xiamen livery. 

Earlier this year, Industry Minister Agus Gumiwang Kartasasmita floated a proposal urging car manufacturers to lower new vehicle prices in a bid to reignite demand. 

The closure of Tupperware Indonesia in January was almost a foretold outcome over years of falling sales and an outdated business model amid the rise of e-commerce and local competition, leaving behind a digital legacy of humorous memes.

Both sides have agreed that the negotiations, set to complete within 60 days, will include investment and trade partnerships, critical minerals and the development of a reliable supply chain corridor.

It is one of two federal suits targeting Google that could ultimately see the company split up and curb its influence—and part of a wider government push to rein in Big Tech.

The body noted that the auction process, management handover and subsequent implementation of construction work would soon take place.

Boeing seeks to involve local industry in the fighter jet’s supply chain and training, as well as maintenance, repair and operation.

The talks between Ryosei Akazawa and President Donald Trump and other senior US officials were closely watched as a barometer for Washington's negotiations with other countries reeling from US tariffs