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The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence.
3 hours agoTo make the scheme financially viable, the government has set a domestic reference price for nonsubsidized diesel at Rp 18,600 per liter, based on average production costs. ...
1 day agoProducers say this year's additional demand is manageable, but stagnant yields, lower exports and shrinking biodiesel funds could challenge the mandate. ...
1 day agoThe new cooperation agreement expands flight frequencies, routes and destinations between the two countries and increases opportunities for codeshare arrangements, crew recruitment and maintenance partnerships.
8 months agoAs 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.
8 months agoThe 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.
8 months agoBrazil 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.
8 months agoFunded 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.
8 months agoThe 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.
8 months agoEthanol 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.
8 months agoThe 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.
8 months agoThe Finance Ministry is investigating the accumulating savings of regional administrations that it sees as contradicting regional leaders’ recent complaints about reduced central government transfers.
8 months agoLi, during a visit to Washington in August, had allegedly threatened that "China would unleash chaos on the global system if the US went ahead with our docking fees for Chinese ships", Bessent said in an interview with media outlet CNBC on Wednesday.
8 months agoThrough policy decrees and institutional restructuring, Prabowo has tightened the state’s authority over fiscal resources and assets, as evident in his push for a more active role for state-owned enterprises (SOEs) in key industries and top-down approach to welfare.
8 months agoThe government is rolling out another stimulus package worth Rp 30 trillion for the fourth quarter, primarily focusing on cash transfers and graduate internships.
8 months agoAmid the escalating trade war between the US and China, the former senior minister emphasized that Indonesia must “show dignity” as a sovereign nation by not bowing to pressure from Washington.
8 months agoThe government’s plan to blend 10 percent ethanol into all gasoline faces uncertainty as key ministries offer conflicting timelines and targets, reflecting internal disagreement over the policy.
8 months agoThe finance minister plans to postpone enforcing a withholding tax on e-commerce transactions, but not everyone is on board with that decision.
8 months agoIndonesia 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.
8 months agoUntil the halt, Indonesia was one of the biggest suppliers of carbon credits to the international market, mostly through the REDD+ reforestation scheme.
8 months agoThe 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.
9 months agoManpower Minister Yassierli said the ministry had issued a circular on Monday for local governments to help increase company participation in the effort.
9 months agoThe 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.
9 months agoThe stipulation for determining the provincial minimum wage is usually made on Nov. 1, and Dec. 1 for regencies or cities.
9 months agoPrivate fuel retailers have rejected a new import policy, triggering supply shortages and tough negotiations with the government.
9 months agoBusinesses have previously raised concerns that the new policy could disrupt cash flow and ultimately hurt global competitiveness.
9 months agoExperts say the move contradicts President Prabowo Subianto’s promise of greater regional autonomy and risks fueling political tensions if not carefully managed.
9 months agoThe 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.
9 months agoLocal administrations say meeting the strict waste-supply targets will be difficult to sustain over the long term.
9 months agoLawmakers say the new structure draws a clear line between regulator and operator, but Dony Oskaria’s appointment threatens to blur that boundary.
9 months agoRecent indicators suggest that Indonesia's recent challenges are centered on declining purchasing power.
9 months agoGovernors 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.
9 months agoThe 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.
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