The finance minister plans to postpone enforcing a withholding tax on e-commerce transactions, but not everyone is on board with that decision.

Indonesia has long struggled to lift its tax-to-GDP ratio beyond the 10 percent mark, with the figure worsening from 10.3 percent in 2023 to 10.08 percent last year.

Until the halt, Indonesia was one of the biggest suppliers of carbon credits to the international market, mostly through the REDD+ reforestation scheme.

The Industry Ministry is drafting a new regulation that will compel all industrial estates and factories across Indonesia to regularly report radiation survey results in response to the discovery of the radioactive isotope Cesium-137 (Cs-137) in the Cikande industrial area in Banten.

Manpower Minister Yassierli said the ministry had issued a circular on Monday for local governments to help increase company participation in the effort.   

The finance minister said the state budget should play no role in restructuring the high-speed railway’s credit as the state-owned enterprises involved were managed by state asset fund Danantara.

The stipulation for determining the provincial minimum wage is usually made on Nov. 1, and Dec. 1 for regencies or cities.

Private fuel retailers have rejected a new import policy, triggering supply shortages and tough negotiations with the government.

Businesses have previously raised concerns that the new policy could disrupt cash flow and ultimately hurt global competitiveness.  

Experts say the move contradicts President Prabowo Subianto’s promise of greater regional autonomy and risks fueling political tensions if not carefully managed.

The government is getting in gear to launch its B50 biofuel program as part of the wider energy and food agenda, reducing exports and potentially putting the country on a footing to dictate the global CPO market.

Local administrations say meeting the strict waste-supply targets will be difficult to sustain over the long term.

Lawmakers say the new structure draws a clear line between regulator and operator, but Dony Oskaria’s appointment threatens to blur that boundary.

Recent indicators suggest that Indonesia's recent challenges are centered on declining purchasing power.

Governors have urged Finance Minister Purbaya Yudhi Sadewa to reconsider sharp cuts to regional transfer funds, warning the move would strain local budgets and may stall infrastructure projects, with smaller, low-revenue regions being hit hardest.

The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.

The House of Representatives is seeking to expand Bank Indonesia’s (BI) mandate to include economic growth and job creation, which analysts warn could conflict with monetary policy goals and motivate political interference.

The Attorney General’s Office (AGO) has handed over seized assets worth Rp 7 trillion from corruption cases involving mineral extraction to state tin miner PT Timah and state asset fund Danantara.

Finance Minister Purbaya Yudhi Sadewa has insisted on cutting the state budget allocation for the free nutritious meal (MBG) program if spending on the flagship initiative remains slow.   

In its ruling published on Oct. 2, the WTO has ruled in favor of Indonesia in its stainless steel dispute with the EU after finding that Brussels's countervailing measures were inconsistent with the trade body's SCM Agreement.

The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.

However, Finance Minister Purbaya Yudhi Sadewa has raised objections to the tax amnesty policy, arguing that it would not encourage businesses to become compliant taxpayers, as they would simply expect repeated leniency.

Under the new structure, BP BUMN will act as the sector’s regulatory agency, while Danantara will serve as the executor in charge of around 1,000 state firms and as guarantor for investment holdings.

Danantara has raised Rp 50 trillion through its first so-called patriot bond, with part of the proceeds earmarked for renewable energy and waste-to-energy projects. The company expects to launch initial tenders by the end of October.

The Public Housing Savings (Tapera) program is in limbo after the Constitutional Court struck down its legal basis, with judges declaring compulsory contributions from all workers and employers an unfair burden on both.

President Prabowo Subianto previously announced the plan as part of his administration’s economic stimulus package, which includes repairing 1,000 vessels of 30 GT and larger vessels of up to 2,000 GT for state-owned enterprises.

If passed in the coming days, the amendment would “effectively dissolve” the ministry and replace it with the new agency, although its duties would remain “largely the same,” the government stated.