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Jakarta Post
Regulations premium

Danantara takes flak for not publishing financial reports

Analysts say a decision by state asset fund Danantara not to make its financial reports public will hurt investor confidence.

5 hours ago
Regulations premium

OJK urges prudent risk controls amid Prabowo’s 5% loan program

Dian Ediana Rae, OJK’s chief executive for banking supervision, stated that while the program aims to expand public access to financing, the implementation must align with banks’ risk appetite and institutional expertise. ...

14 hours ago
Regulations premium

Govt pledges subsidies to curb imported food inflation

The statement came as the rupiah continued to face pressure, exceeding Rp 17,500 per US dollar and raising concerns over higher prices for imported food commodities, including soybeans, wheat, raw sugar and garlic. ...

4 days ago

The Latest

Regulations premium

Purbaya shrugs off Chinese concerns over permit mess

The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.

5 days ago
Regulations premium

Curbing under-16s’ access to fintech, e-commerce could slow adoption

Indonesia started banning social media for children under 16 in March, when the communications ministry named eight platforms that must comply with new rules.

1 week ago
Regulations premium

Govt to extend subsidized mortgage tenor to 40 years

President Prabowo Subianto had mandated the government to extend the repayment period from 30 to 40 years to ease homebuyers’ installment burden.

1 week ago
Regulations premium

Steel industry squeezed between low demand, tight competition

The closure of steelmaker PT Krakatau Osaka Steel (KOS) has sparked fears that Indonesia’s steel industry crisis is deepening, undermining the government’s self-sufficiency push in the strategic sector.

1 week ago
Regulations premium

Govt postpones mining royalty hike

The government believes that climbing commodity prices have created windfall profits for mining companies, requiring an adjustment to the state's revenue share.

1 week ago
Regulations premium

No tax amnesty while I'm minister, insists Purbaya

Indonesia has held two tax amnesties, in 2016 and 2022, the first of which was initiated on the fallout from the Panama Papers leak that revealed data on individuals holding assets offshore, many in tax haven countries.

1 week ago
Regulations

Ensuring quality education in the 3T regions

In Barma Baru village, Meyado district, Teluk Bintuni regency, West Papua, change is evident. TK Negeri Barma Baru, a kindergarten that for years had to endure a cramped, plywood-partitioned space, now stands in a more suitable building with much more adequate facilities.

1 week ago
Regulations premium

New export earnings rule to exempt certain countries, Purbaya says

Though the finance minister did not specify which countries would be exempted from the latest forex earnings rule, set to enter into force on June 1, this may apply to the US under the terms of the ART.

1 week ago
Regulations premium

Potential state overreach rattles private sector confidence

State takeovers, interventions and investments in the private sector as part of a broader policy direction have met with mixed reception, with some cautioning that potential overreach could dampen investor sentiment and the business climate.

1 week ago
Regulations premium

Pivoting from LPG to CNG to require 'billions of dollars’

As the government looks to replace millions of subsidized 3‑kilogram LPG cylinders with compressed natural gas (CNG) to reduce costly imports, experts warn the switch would require billions of dollars in investment, and a tight safety regime.

1 week ago
Regulations premium

BI tightens guardrails to curb rupiah’s slide

The rupiah extended its slide to 17,425 per US dollar on Tuesday, according to the Jakarta Interbank Spot Dollar Rate (JISDOR), underscoring Southeast Asia’s largest economy’s struggle to halt the currency’s decline since early this year.

1 week ago
Regulations

Outsourcing reform: Protection with two-tier responsibility

A new regulation stated that the protection of outsourced workers, including wages, overtime, social security and severance, is the responsibility of the outsourcing firm, while the principal company's role is to ensure compliance.

2 weeks ago
Regulations premium

Motorbike producers welcome new EV subsidies

Industry players have welcomed plans to reinstate purchasing subsidies for electric two-wheelers as the government looks to reduce reliance on imported fossil fuels that have become increasingly costly amid ongoing tension in the Middle East.

2 weeks ago
Regulations premium

Tighter state control over Gojek, Grab raises profitability concerns

Deputy House Speaker Sufmi Dasco Ahmad said that Danantara has acquired stakes in ride-hailing platforms as the government orders tech firms to cut commissions and expand protections for on-demand drivers under a new regulation.

2 weeks ago
Regulations premium

Tourism worsens Bali waste crisis

Longer-term solutions, such as Bali’s planned waste-to-energy (WtE) facility, are not expected to be completed until November 2027, and undergo a finalization phase before becoming operational in December 2027.  

2 weeks ago
Regulations

Prabowo orders ride-hailing companies' maximum commission set at 8 percent

Prabowo said he signed a presidential regulation which was the basis for the new maximum commission cap that ride-hailing firms could take from their driver partners.

2 weeks ago
Regulations

Wikimedia completes Indonesia registration under threat of ban

Under a 2020 regulation, all electronic system providers (PSEs) must register in Indonesia for what the government called legal and user protection purposes before making their services available.

2 weeks ago
Regulations premium

Govt struggles to find land for solar power program

Unwieldy terrain, unresolved land acquisition and operational limitations of village cooperatives threaten to slow down Indonesia's push to develop 100 gigawatts of solar power capacity in remote regions.

2 weeks ago
Regulations premium

Govt mulls requiring companies to help fund internship stipends

Around Rp 1 trillion is set to be allocated this year for the national internship program, as the government aims to widen its reach.

3 weeks ago
Regulations premium

Palm oil smallholders cry foul over planned water tax

A proposal to impose a surface water tax (PAP) on oil palms at Rp 1,700 (10 US cents) per tree per month has sparked fierce opposition from smallholder farmers in Riau.

3 weeks ago
Regulations

China vows countermeasures if EU enacts 'Made in Europe' plan

The EU unveiled in March new "Made in Europe" rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.

3 weeks ago
Regulations premium

‘This is the right time’: Trade minister defends Indonesia-US tariff deal

Trade Minister Budi Santoso has defended the government’s decision to pursue a trade agreement with the United States, known as the Agreement on Reciprocal Trade (ART), which has been criticized for placing Indonesia in an unequal position with the world’s largest economy.

3 weeks ago
Regulations

US imposes sanctions on Chinese refinery for buying Iranian oil

Sanctions experts have long said, however, that the independent refineries are somewhat immune to the full effect of US sanctions as they have little exposure to the US financial system.

3 weeks ago
Regulations premium

Govt backtracks on EV taxation as adoption rises

The latest ministerial regulation appears to be the final blow to the remaining support for the EV industry, which had been showing signs of taking off in Indonesia. 

3 weeks ago
Regulations premium

Whoosh structural overhaul to satisfy China, Purbaya says

The finance minister expects Chinese stakeholders "to be satisfied" with the government's latest debt restructuring plan for the Whoosh high-speed rail project, with the new setup aiming to address persistent cost overruns, delays and interagency incoordination through a more proportionate risk-sharing approach.

3 weeks ago
Regulations premium

Govt allocates $290m to build 100 new rice warehouses

The total additional capacity from the new facilities is expected to reach around 900,000 tonnes, although individual warehouse sizes will vary.

3 weeks ago
Regulations premium

Foreign workers crackdown dents RI’s industrial zone appeal

Reliance on foreign workers familiar with proprietary technologies, as well as slow and rigid licensing processes in Indonesia, has created incentives for foreign companies to bypass formal visa channels.

3 weeks ago

Today's ePost

Wed, May 20, 2026

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