The government’s move to effectively restrict new smelter projects has drawn industry concern over the scope of the smelter moratorium, specifically whether it applies to companies that secured their business licenses before the new rules took effect.

In addition to food provision, BGN is also planning to open more than 8,000 kitchens in remote areas, which would require an extra Rp 14.1 trillion.

Tighter integration between banks, insurers and online travel portals could spur the pilgrim travel economy and give rise to products catering to individual travelers, balancing accessibility with consumer protection.

The government estimates that the poultry farming initiative could create around 3 million direct and indirect jobs over the next four years.

In a regulation signed in June, President Prabowo Subianto redefined the under-construction city of Nusantara as a “political capital”, marking a shift from former president Joko “Jokowi” Widodo’s vision of “global green city” built to international standards to symbolize the country’s transformation by 2045.

The merger process involving PT Pertamina Patra Niaga, PT Kilang Pertamina Internasional and PT Pertamina International Shipping is expected to be concluded by Jan. 1.

The government has put back in motion a long-delayed plan to redenominate the rupiah, likely by cutting off three zeros, but economists warn the plan could cause more problems than it solves.

Indonesia’s central bank currently holds only 80 tonnes of gold, just 5.9 percent of its total reserves.

The ministry summoned representatives of the Indonesian E-commerce Association (idEA), whose members include Shopee, Tokopedia and TikTok Shop, to follow up on President Prabowo Subianto’s order to curb illegal imports.

September's liquidity injection led to state-owned banks cutting their deposit rates by around 50 basis points (bps) and lending rates by around 11 bps, according to the Finance Ministry, which expects this to translate into stronger growth this quarter.

The President also instructed that the high-speed railway project be extended to Banyuwangi, East Java, broadening the expansion plan that was initially intended to reach only Surabaya.  

The scheme will offer interest rates as low as 0.5 percent to regional administrations with eligible projects and will be channeled through state-owned infrastructure financing firm PT Sarana Multi Infrastruktur (SMI).  

A new regulation allowing regional administrations and region- or state-owned enterprises (SOEs) to borrow money from the central government entails opportunities for local authorities but also poses risks to fiscal discipline, economists say.

National and regional wage councils are set to play a central role in shaping the formula used to determine minimum wages for next year, unlike last year, when the President himself decided how much wages should rise.

A new safeguard duty on imported cotton yarn aims to protect local spinners from cheap imports, but the garment industry has warned that costlier materials will hurt its competitiveness in global markets.

After the roadmap is published, ministries and agencies will be required to draft their own AI guidelines, as detailed enforcement will fall under sector-specific regulations.

Any loan will be funded by the central government's budget, must be approved by parliament and must have a tenure longer than 12 months.

A new presidential regulation is slated to offer greater protection for ojol and introduce fare rules for on-demand transportation services, according to the state secretary, following wave of violent protests.

Bank Indonesia (BI) plans to roll out additional macroprudential liquidity incentives (KLM) on Dec. 1 through new disbursement schemes to boost sluggish credit growth and expedite the pass-through of central bank rate cuts to commercial banking rates.

The new cooperation agreement expands flight frequencies, routes and destinations between the two countries and increases opportunities for codeshare arrangements, crew recruitment and maintenance partnerships.

As President Prabowo Subianto declares Indonesia “self-sufficient” after just one year in office, farmer groups warn that shrinking farmland may soon undercut that achievement, urging the government to prioritize land protection and structural reform over costly expansion programs.

The Indonesian Tourism Industry Association (GIPI) has criticized the recently passed tourism law for removing the group’s formal recognition as the representative body for businesses in the tourism sector.

Brazil is the world leader in the use of sugarcane-based ethanol as car fuel, with its national mandatory blend reaching as high as 30 percent.

Funded with a budget of Rp 8 trillion, the government is rolling out a training program for 500,000 workers as a key initiative under a new task force responsible for accelerating strategic programs.

The European Commission proposed a further softening of the EU anti-deforestation law on Tuesday, relieving the reporting burden for many smallholders and businesses in select countries but stepping back from delaying the world-first green policy by another year.

Ethanol can be produced from sugarcane, cassava or corn. Agriculture Minister Amran Sulaiman said preparing 1 million hectares of agricultural lands to cultivate the commodities was a directive from President Prabowo Subianto.  

The government has set its sights on turning Bali into a global financial hub as it seeks to move forward with the family office plan thought up by the previous presidential administration, but there are doubts as to whether the resort island is cut out for such a role.