Provincial leaders must then determine the size of next year’s minimum wage increase no later than Dec. 24

Two nickel associations have formally objected to a potential fine of nearly $400,000 per hectare per year under a new ministerial decree targeting mining activities in forest areas, saying it could lead to industry-wide inequality.

A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly dependent on contemporaneous economic conditions, thereby indicating the need for an integrated policy approach that also considers installment affordability, not just property prices.

The government plans to establish 10 industrial estates that will function as the main building blocks for developing the downstream silica industry over the next 20 years.

Through a structured policy approach to monetizing its nearly limitless renewable potential, Indonesia has the resources necessary to become ASEAN's green energy powerhouse.

The collapse of the deal to retire the Cirebon-1 coal-fired power plant early has left Indonesia’s landmark Just Energy Transition Partnership (JETP) searching for a new direction, with experts highlighting slow disbursement and a mismatch in funding priorities.

Tax director general Bimo Wijayanto said the tax office is now in possession of far more complete data than it did in the past, including the data on beneficial owners.

A report published by the Tourism Ministry noted a low search-to-traffic ratio, which gauges potential demand by comparing online search interest from various countries for the priority destinations with the actual traffic that follows.

News reports suggest that talks aimed at reaching a final bilateral trade agreement were in danger of collapsing over growing frustration in Washington.

In March, the government required natural resource exporters to lock up their receipts in the country for at least a year to boost the country's foreign reserves.

Experts are now pressing the government to spell out which plants might replace Cirebon-1 in the retirement pipeline and the criteria guiding that selection.

The Environment Ministry has launched an investigation into several firms suspected of contributing to the devastating disaster across northern Sumatra, while the minister has vowed not to spare any local administrations whose policies led to environmental degradation.

The Customs and Excise office has vowed to make necessary changes after President Prabowo Subianto made direct threats to replace it with a private service.

President Prabowo Subianto’s brother and business tycoon Hashim Djojohadikusumo, who is also the President’s special envoy for energy and climate, says the government “is sticking to a different approach” amid mounting international pressure to curb fossil fuel use.

The former senior minister urged the public to stay united and view strategic policies, including mineral downstreaming, from a wider perspective.

Finance Minister Purbaya Yudhi Sadewa pointed to several urgent problems requiring immediate action, including the smuggling of illegal goods and widespread under-invoicing in both imports and exports.

Businesses and analysts stressed that any legal action against private companies and their executives must be carried out properly and transparently to prevent perceptions of selective or politically driven prosecution.

The Transportation Ministry has reiterated that the airfield holds valid permits and is operating in accordance the applicable regulations.

Businesses have urged the government to stick to the formula set out under Government Regulation No. 51/2023, which ties wage adjustments to regional economic growth, inflation and an index capturing local productivity and business capacity.

During a recent public consultation on revisions to Presidential Regulation No. 112/2022, the government floated additional exemptions for new coal-fired power plants, framing them as necessary to maintain “system reliability and energy independence.”

Aceh chairman of the business chamber Muhammad Iqbal argued that the import fell squarely within the rules of the special economic zone in the area.

Led by the Agriculture Ministry, the government has launched an investigation to discover the parties behind a 250-tonne shipment of rice illegally imported to Sabang, in breach of food import rules.

Most cases flagged through the ministry’s new labor complaints platform, Lapor Menaker, are tied to industrial relations and wages, followed by cases involving social security and working hours.

The government plans to impose exit duties on gold next year in a bid to increase state revenue and keep more of the precious metal inside the country for saving or further processing.

Expended underground mining is jeopardizing the coal industry’s and the government’s commitment to the Global Methane Pledge, a pact to cut methane emissions by at least 30 percent by 2030.

Bank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year.

The Asian Development Bank (ADB) has approved a $470 million results-based loan for state-owned electricity provider PLN to expedite Indonesia’s transition to renewable energy.