Sri Mulyani said that Indonesia’s inflation rate was at a “very low level” and was “a source of envy” for ASEAN and G20 countries.

Bank Indonesia (BI) is watching economic policy changes in the United States that may affect Indonesia and will determine on that basis whether a shift in its monetary policy stance is needed.

On Monday, President Prabowo expressed frustration over resistance to the budget cuts within “the bureaucracy”.

Both institutions assured the cut will not affect their employees that are classified as state servants.

The Downstream Oil and Gas Regulatory Agency (BPH Migas) is slated to reduce the amount of Solar subsidized diesel fuel motorists can buy per day to ensure its equal distribution.

Coretax would remain operational and taxpayers could still use the prevailing system to file their tax return, tax office says.

A consortium led by Elon Musk said on Monday it has offered US$97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.

The World Bank says setting up a business in Indonesia takes too long when compared to other countries, and the government has vowed to fix that.

In addition to the education sector, Ambassador Chakravorty highlighted several other areas in which the two countries could explore the potential for greater cooperation, including health and technology.

With loan-to-deposit ratios (LDR) of 98 percent and 96.1 percent, respectively, Bank Mandiri and BNI exceeded the OJK’s recommended range of 78 to 92 percent last year.

ASEAN consumers have always been at the forefront of digital adoption, and it is well apparent through their increased utilization of digital banking and demand for personalized services and solutions.

Budget cuts led to a reduction in new irrigation networks planned to be built this year, from 10,000 hectares to 450 ha, as well as cuts in irrigation network rehabilitation from 45,000 ha to 16,000 ha and dam constructions from 16 new dams to only one dam this year.

In addition to growing worries over a global trade war, analysts say negative sentiment over Prabowo's sweeping budget cut policy contributed to the IDX Composite’s 1.4 percent decline on Monday.

Japan only ranked sixth with US$3.5 billion foreign direct investment (FDI) in 2024, behind Singapore, China, Malaysia and the US.

Despite a sluggish start to the year, an industry association targets a modest increase in sales to 900,000 new cars for 2025.

Germany, which recently replaced the United States as a coleader in Indonesia’s Just Energy Transition Partnership (JETP), is set to dispatch a delegation to Jakarta this month to discuss the program’s implementation.

Trump told reporters aboard Air Force One that the tariffs, which he will announce on Monday, will apply to "any steel coming into the United States," adding this will also affect aluminum. 

“How can we speak about progress when we don’t even have the budget [to continue it],” Public Works Minister Dody Hanggodo told reporters after a meeting with the House of Representatives.

Despite a decade of tightening rules on what is allowed and what is not in Indonesia’s burgeoning peer-to-peer (P2P) lending industry, the fintech segment meant to improve financial inclusion is still riddled with risks for both lenders and borrowers.

The surge in renewable energy installations meant China hit its 2030 target six years ahead of schedule, underscoring the speed of its clean energy rollout.

The eventual cancellation of de minimis means the more than 1 billion small-value e-commerce packages arriving annually in the United States with goods coming directly from China must switch to an entry process that requires additional information and duties, adding time and cost.

The announcement marks a shift in tone from Trump, who heavily criticized Nippon's US$14.9 billion takeover offer during the 2024 presidential election campaign. 

Indonesia eyes a bigger slice of the global durian market, and a recent rejection of Thai supplies by the world's largest importer, China, might help local producers increase exports.

The company confirmed last month that it was planning to trim about 5 percent of its "lowest performers" and backfill at least some of the positions.

The sustained growth of its economy and middle class have made India and its 1.4 billion people the third-largest air market in the world, after the United States and China.

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US' favor.

President Prabowo Subianto issued on Jan. 23 a presidential instruction that mandates all ministries and state agencies to identify spending items that could be cut to save an estimated Rp 306 trillion (US$18.7 billion).