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Jakarta Post
Regulations premium

Unions push to scrap pension fund withdrawal tax

Labor organizations argue that taxing old-age benefits (JHT) withdrawals undermines the purpose of the social security program, particularly as workers face mounting layoff risks and rising living costs.

14 hours ago
Regulations premium

Govt to rescue local tile producer to prevent layoffs, labor leader says

The KSPSI previously estimated that rising industrial gas costs could put roughly 55,000 workers at risk of layoffs.    ...

15 hours ago
Regulations premium

Weak transparency threatens economic ambitions: Watchdogs

Weak transparency in public institutions creates opportunities for mismanagement and corruption that could threaten Indonesia’s economic ambitions, unless the greater state role in the economy is matched by stronger oversight and accountability, antigraft groups have warned. ...

1 day ago

The Latest

Regulations premium

Govt under pressure from US Big Tech as AI rules near launch

The Communications and Digital Ministry has submitted drafts of two presidential regulations on AI ethics and a 2026-2029 national AI roadmap to the State Secretariat, setting broad principles for AI development while seeking to attract investment into talent and infrastructure.

2 days ago
Regulations premium

Govt approves extending Tapera mortgage tenor to 40 years

A plan to extend the tenor of subsidized mortgages from 30 to 40 years has been given the green light as the government continues to explore potential financing schemes for implementation, including a tiered interest rate system for landed houses.

2 days ago
Regulations premium

Govt cuts free meals budget further after mounting pressure

The government has decided to scale back President Prabowo Subianto’s flagship free nutritious meal program after growing demands to rethink fiscal priorities amid competing spending needs.

4 days ago
Regulations premium

Free meals program rolled out hastily, admits Luhut

National Economic Council (DEN) head Luhut Pandjaitan said the implementation of President Prabowo Subianto’s flagship free meals program was “somewhat rushed” but expressed optimism that significant improvements would happen in the coming months.

5 days ago
Regulations

Indonesia weighs $2 billion cut to Prabowo's signature free meals program

The government is preparing to scale back President Prabowo Subianto's flagship free meals program, with officials weighing another budget cut of more than $2 billion along with reductions in kitchens and beneficiaries, according to two sources familiar with the matter and an internal presentation.

5 days ago
Regulations premium

Press sounds alarm over US trade deal's threat to publisher rights

Press and journalism associations have urged the government to ensure the Indonesia-United States Reciprocal Trade Agreement (ART) does not undermine the sustainability of the national media industry or disrupt the implementation of the Presidential Regulation on Publisher Rights.

6 days ago
Regulations premium

Excessive protections for Danantara bondholders raise reputational risks

Strapped for more revenue to finance development but constrained from further tapping the state budget, the government is effectively offering legal immunity in a bid to attract investor appetite for its new debt instruments.  

1 week ago
Regulations premium

Govt increases housing credit program to Rp 50 trillion

The government plans to increase the Housing Credit Program to Rp 50 trillion in 2026 from Rp 36 trillion after disbursement of the subsidized loans surpassed half of the government’s target, benefiting more than 91,000 borrowers nationwide.

1 week ago
Regulations premium

60% mining profit-sharing rule applies only to certain firms, govt says

Industry players cautioned that the policy must be clearly communicated to avoid misinterpretation that could undermine business confidence.

1 week ago
Regulations premium

Coal price gap triggers power crisis in Indonesia

A coal power plant has been restored to the Java grid, but state-owned electricity firm PLN's deeper issues persist: a $70 price cap that bars it from competing for supply, regulatory ambiguity over where domestic coal flows and a compensation fund that remains in limbo.

1 week ago
Regulations premium

Govt plans to limit outsourcing to four service categories

The deputy manpower minister has confirmed that the government is working on a revision of Manpower Ministerial Regulation No. 7/2026 that would reduce the number of service categories eligible for outsourcing from six to four.

1 week ago
Regulations premium

MSCI still has gripes with Indonesian stock market transparency

Global index provider MSCI has downgraded Indonesia’s information flow criterion to negative in its latest review, raising concerns over the “investability” of the country’s stock market due to limited transparency in shareholding structures and signs of coordinated trading behavior.  

1 week ago
Regulations premium

Free meal, cooperative programs may lead to subpar tax revenue

Tax Director General Bimo Wijayanto said there was an ambiguity in the issuance of a National Nutrition Agency (BGN) head circular which classifies the funds used by the programs’ kitchens as grants that are not subject to tax.

1 week ago
Regulations premium

Govt may increase coal price cap to address PLN supply shortage

Energy and Mineral Resources Minister Bahlil Lahadalia previously revealed a significant 20-million-tonne coal supply gap for PLN that remains uncontracted this year, raising fresh concerns about national energy security.

1 week ago
Regulations premium

BI presses ahead to stabilize rupiah

Thursday’s interest rate hike comes just hours after the US Federal Reserve kept the federal funds rate (FFR) unchanged.

1 week ago
Regulations

US Federal Reserve holds rates steady, raises inflation expectations

The Fed decided to hold rates steady at 3.50 to 3.75 percent for the fourth consecutive meeting, with the vote being unanimous for the first time in a year.

1 week ago
Regulations premium

Liquidity, credibility risks cloud mineral exchange plan

Creating a functioning mineral exchange requires building the necessary infrastructure, trading systems and market confidence, which analysts say could take longer than the time remaining until the targeted Jan. 1 rollout.

1 week ago
Regulations premium

Export SOE won’t take over commodity shipments, Danantara says

Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.

2 weeks ago
Regulations premium

Govt to roll out $28m soybean subsidy amid surging import costs

The administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.  

2 weeks ago
Regulations premium

House warns of consumer shift to subsidized fuels after Pertamax price hike

A House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.

2 weeks ago
Regulations

Govt to scale back commodity export centralization, tighten monitoring: Sources

Indonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.

2 weeks ago
Regulations premium

Govt scraps mining profit-sharing plan, relaxes coal and nickel quotas

Industry players welcomed the government's decision, viewing it as a positive step toward ensuring stability and investment certainty in the sector.

2 weeks ago
Regulations premium

BI digs in heels with out-of-schedule rate hike

Bank Indonesia (BI) has increased the benchmark interest rate outside the routine schedule to shore up the rupiah after a hefty hike at the last Board of Governors' meeting and other measures failed to arrest the currency’s depreciation.

3 weeks ago
Regulations premium

MSME tax revamp draws mixed response

The government says changes to the final income tax regime are aimed at preventing abuse by larger firms, but business advocates warn the new rules could create fresh challenges for genuine small enterprises.

3 weeks ago
Regulations premium

Indonesia vows to honor contracts amid export centralization

The government said export activities would continue as usual until the end of the year, before being fully transferred to the state-owned DSI.

3 weeks ago
Regulations premium

Govt to establish new domestic mineral exchange

The government plans to launch a new exchange for minerals and strategic commodities next year. The initiative will allow Indonesia to establish benchmark prices and is hoped will strengthen the country’s position as a key global mineral producer, as well as enhance transparency in commodity trading.        

3 weeks ago
Regulations premium

New export earnings rules raise concerns over banking competition

The impact of the regulation on the banking industry would be uneven, as private banks may lose up to half of their export forex funds.

3 weeks ago

Today's ePost

Wed, July 1, 2026

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