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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.
6 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 agoSources said earlier that the Trump administration was considering imposing sanctions on European Union or member state officials responsible for implementing the bloc's landmark Digital Services Act.
10 months agoPresident Prabowo Subianto on Monday inaugurated a slate of officials to lead two newly established agencies, a move seen as central to his administration's economic and infrastructure agenda.
10 months agoIn a letter dated August 20, the regulator said it received 414 reports of the issue in various Honda and Acura vehicles' 3.5-liter V6 engine.
10 months agoGlobal central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.
10 months agoPresident Prabowo Subianto has suggested that Daya Anagata Nusantara (Danantara) will play a big role in his short-term plan to balance the budget, but critics say that runs counter to the state asset fund’s design.
10 months agoThe Finance Ministry has pledged to continue disbursing fiscal incentives for the housing sector in 2026, allocating Rp 3.4 trillion (US$208 million) for a value-added tax (VAT) waiver on home purchases.
10 months agoIndonesia brought the dispute to the WTO in 2023, alleging that the EU's imposition of duties on imports of biodiesel from the Southeast Asian nation broke the body's rules.
10 months agoThe planned 2026 budget pours more funds into fuel and coal subsidies than into renewable energy development, casting doubt on the government’s commitment to the energy transition.
10 months agoBank Indonesia (BI) has unexpectedly made a back-to-back benchmark interest rate cut in its bid to bring out the true potential of the country’s gross domestic product (GDP) growth.
10 months agoThe seafood imported from a company in Indonesia has been marketed in 13 states by retail giant Walmart, the Food and Drug Administration (FDA) said on its website.
10 months agoA lack of satisfying answers on how to reach growth goals set forth in the freshly unveiled 2026 state budget has led economists to conclude that the fiscal document is based more on political ambition rather than on technocratic calculation.
10 months agoSupply disruptions and steep surcharges, such as state gas company PGN’s tariff of $16.77 per mmbtu, are squeezing manufacturers, according to Industry Ministry spokesperson Febri Hendri Antoni Arief.
10 months agoPresident Prabowo Subianto has announced a determined crackdown on illegal mines, regardless of who runs or owns them, be they Indonesian Military (TNI) generals or politicians of his own Gerindra Party.
11 months agoDeputy Housing Minister Fahri Hamzah has said the government’s flagship 3 million homes program is unlikely to see substantial implementation this year due to bureaucratic timelines and budget constraints.
11 months agoMultiple consumer protection organizations warn that Bank Indonesia’s (BI) planned Payment ID infringes on personal privacy, while the central bank defends the platform, arguing that a user’s digital identity will only be used on the basis of consent.
11 months agoA former SKK Migas has suggested that establishing the dual-function entity dubbed BUK Migas will enhance, not replace, the role of the oil and gas regulatory body and help grow Danantara, though lawmakers have said the new entity is intended as a replacement.
11 months agoSome experts suggested developing NMC upstream and midstream capabilities while fostering LFP-related investment in module and pack assembly.
11 months agoThe Indonesian National Air Carriers Association (INACA) stated that adding more international airports would have little effect on inbound traffic.
11 months agoThe forestry minister has dismissed a rumor that over 600 luxury villas would be developed on the island in Komodo National Park, saying that such a project would fly in the face of conservation while adding that a plan to restrict visitor numbers was in the works.
11 months agoThe energy ministry has confirmed it is still pushing to launch B50 biodiesel next year, though a January rollout is unlikely primarily due to the time required to test the new blend on the road.
11 months agoMusic royalties drew public attention after noodle franchise Mie Gacoan was sued for failing to pay royalties between 2022 and 2025.
11 months agoA new regulation frees Danantara and its employees from all liabilities over any decisions made to minimize losses, provided they can demonstrate that the resulting losses were not caused by error or negligence.
11 months agoDanantara implemented the recent reform amid heightened scrutiny over SOE governance practices, following a wave of controversial political appointments to the board of commissioners.
11 months ago"For us, our farmers' welfare is supreme," Modi said at an event in New Delhi. "India will never compromise on the wellbeing of its farmers, dairy (sector) and fishermen. And I know personally I will have to pay a heavy price for it," he said.
11 months agoIndonesia produces about 160 tonnes of gold annually but retains relatively little domestically.
11 months agoDevelopers and experts in the property industry have hit back at the government's proposed housing offtake agency, raising questions about funding and staffing as well as concerns regarding added inefficiencies, especially amid the ongoing slew of costly flagship projects.
11 months agoBGN has spent Rp 7.9 trillion of its budget to serve 8.2 million recipients and expects that figure to rise significantly by the end of the year.
11 months agoThe move is a response to the recent copyright infringement case involving PT Mitra Bali Sukses, the operator of the popular Mie Gacoan noodle franchise in Bali, which has sparked public debate.
11 months agoThere are currently 1,200 civil servants in Nusantara, supported by up to 5,000 construction workers.
11 months agoLast year, ahead of President Prabowo’s inauguration, the government revoked the international status of 17 airports to eliminate underperforming ones and improve the struggling post-pandemic aviation sector.
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