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Jakarta Post
Regulations

Legislature confirms Destry as new central bank chief

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

2 hours ago
Regulations premium

Subsidized LPG quota set to run out, energy council warns

The National Energy Council (DEN) has called on the government to intensify supervision of subsidized 3-kg liquefied petroleum gas (LPG) distribution as consumption is projected to exceed the 2026 quota. ...

1 day ago
Regulations

Europe's central bankers fear more turbulence in testy US relations

Europe's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said. ...

1 day ago

The Latest

Regulations

US recalls shrimp imported from Indonesia over potential radioactivity scare

The 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.

1 year ago
Regulations premium

2026 budget ripe with politics, somewhat thinner on strategy

A 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.

1 year ago
Regulations premium

Gas subsidy cut could slash industrial output, trigger layoffs: Ministry

Supply 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.

1 year ago
Regulations premium

Prabowo vows determined crackdown on illegal mines

President 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.

1 year ago
Regulations premium

Housing program stalls amid severe budget shortfall

Deputy 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.

1 year ago
Regulations premium

Consumer groups urge BI not to invade privacy with Payment ID

Multiple 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.

1 year ago
Regulations premium

Revamped oil, gas regulator to enhance oversight, ex-SKK Migas head says

A 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.

1 year ago
Regulations premium

NMC-over-LFP mandate could rattle EV investors

Some experts suggested developing NMC upstream and midstream capabilities while fostering LFP-related investment in module and pack assembly.

1 year ago
Regulations premium

Airlines blast inefficient international airport push

The Indonesian National Air Carriers Association (INACA) stated that adding more international airports would have little effect on inbound traffic.

1 year ago
Regulations premium

Forestry minister brushes off rumored Padar Island luxury villa project

The 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.

1 year ago
Regulations premium

Govt still set for 2026 B50 biodiesel target, but rules out January kickoff

The 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.

1 year ago
Regulations premium

Businesses urge small-firm, ambience exemptions in royalty charges

Music royalties drew public attention after noodle franchise Mie Gacoan was sued for failing to pay royalties between 2022 and 2025.

1 year ago
Regulations premium

Govt gives Danantara legal shield for loss-cutting decisions

A 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.

1 year ago
Regulations premium

SOEs to save Rp 8t from bonus, incentive cuts: Danantara

Danantara implemented the recent reform amid heightened scrutiny over SOE governance practices, following a wave of controversial political appointments to the board of commissioners.

1 year ago
Regulations

Modi vows no compromise on farmers interests amid Trump's tariff salvo

"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.

1 year ago
Regulations premium

Legislator suggests gold export ban to boost bullion banking

Indonesia produces about 160 tonnes of gold annually but retains relatively little domestically.

1 year ago
Regulations premium

Developers slam housing offtake agency plan as off-target, inefficient

Developers 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.

1 year ago
Regulations premium

BGN asks for Rp 24t top-up as beneficiary numbers grow

BGN 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.

1 year ago
Regulations premium

Govt to issue new rules on music copyright amid legal disputes

The 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.

1 year ago
Regulations premium

IKN Authority says main complex to finish by 2028 without moratorium

There are currently 1,200 civil servants in Nusantara, supported by up to 5,000 construction workers.

1 year ago
Regulations premium

Prabowo pushes for more international airports to spur growth

Last 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.

1 year ago
Regulations premium

OJK mulls rule change as dormant bank accounts blocked

The PPATK announced that it had reactivated 28 million blocked dormant accounts on Thursday in response to public backlash following a meeting between PPATK head Ivan Yustiavandana and President Prabowo Subianto a day earlier.

1 year ago
Regulations

India will buy Russian oil despite Trump's threats, NYT reports

The New York Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.

1 year ago
Regulations premium

Danantara unveils sweeping reforms for SOE executive bonuses, incentives

State asset fund Danantara has announced a major overhaul of bonus and compensation rules for SOE directors and commissioners, aligning rewards with global standards.

1 year ago
Regulations premium

OJK to weed out dodgy ‘finfluencers’, but will it help?

While many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online.

1 year ago
Regulations

Thailand, Cambodia welcome 19 percent US tariff

Trump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy.

1 year ago
Regulations

Trump hits dozens of countries' goods with steep tariffs

Trump set rates including a 35 percent duty on many goods from Canada, 50 percent for Brazil, 25 percent for India, 20 percent for Taiwan and 39 percent for Switzerland, according to a presidential executive order.

1 year ago
Regulations

Trump gets his way on tariffs, but global trade system intact for now

Since World War II, most politicians and economists view free trade as a pillar of globalisation, enshrined in the 1947 signing of the GATT accord.

1 year ago
Regulations premium

Govt seeks to boost oil output with MSMEs operating old wells

The government's new “community oil well” initiative aims to reactivate idle wells under the operation of MSMEs as a means of boosting national output, with initial sales slated to begin on Aug. 1.  

1 year ago
Regulations premium

Plan to import US oil, gas at odds with energy security goal

Indonesia’s commitment to import $15 billion worth of oil and gas from the United States under a recently agreed bilateral trade deal clashes with the country’s long-term objectives for energy security and diversification.

1 year ago
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