National housing task force head Hashim Djojohadikusumo said on Jan. 20 that people would still need to pay installments for housing units provided by the program.

The dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after US President Donald Trump kicked off a trade war by imposing sweeping tariffs.

President Prabowo Subianto kicked off his term with promises to make Indonesia less dependent on fuel and food imports by ramping up renewable energy supply and building massive agricultural estates, sparking hope but also skepticism as predecessors have tried the same, and failed.

New rules require firms to give 20 percent of their land to smallholders before the government extends their permits.

Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday.

Canadian and Mexican exports to the United States will face a 25 percent tariff, although energy resources from Canada will have a lower 10 percent levy. Goods from China, which already face various rates of duties, will see an additional 10 percent tariff.

US President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25 percent on goods from Mexico and Canada and 10 percent on imports from China, potentially disrupting more than US$2.1 trillion worth of annual trade.

Trump said he would be putting tariffs on imports of computer chips to the United States, which will punish Nvidia's business that depends on imported components, mainly from Taiwan.

The United States has backed out from its role as a co-leader alongside Japan in an international effort to help finance Indonesia’s energy transition, with Germany reportedly stepping into the breach.

Total investment grew by 20.8 percent to Rp 1.7 quadrillion (US$105 billion) last year compared to the previous year.

Pertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

The US mining giant says it expects to soon get final export approval for local subsidiary Freeport Indonesia, after a fire last October prompted the company to close operations and file an extension request.

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.

Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from US tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.

At the BRI Microfinance Outlook 2025 on Thursday in Jakarta, the senior economic minister launched a new credit scheme that carries a 5% interest subsidy rate to help labor-intensive industries.

Businesses looking to grow would do well to look toward the major markets in Southeast Asia.

Fully implemented at the turn of the year, Coretax is a new tax administration system that is meant to tame Indonesia’s notoriously complicated taxation jungle, which can then translate into improved compliance and increased revenue.

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, urging the government to diversify the downstream oil and gas industry in order to offset potential revenue losses from reduced exports.

It also announced "changes to its management structure to clarify management roles according to their responsibilities for the management of the entire group or of each business".

An increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.

Extreme rain with lightning and strong winds on Tuesday and Wednesday disrupted flights at Soekarno-Hatta International Airport in Tangerang, Banten, with authorities diverting at least 23 flights to other airports for safety reasons. 

The CEO Forum held during the President's New Delhi visit produced several partnerships between Indonesian and Indian businesses across a variety of sectors, including pharmaceuticals and communications technology, to kick off new momentum in bilateral relations.

As demand grows for diverse and innovative products, intellectual property (IP) collaboration between brands has become a crucial strategy for enhancing market competitiveness.

According to people familiar with the agreement, the $22 million of the payment will go towards funding Trump's future presidential library, with the remainder covering legal fees and payments to other plaintiffs in the case. 

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

Emerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity.