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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 agoThe 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 agoEurope'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 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year agoSome experts suggested developing NMC upstream and midstream capabilities while fostering LFP-related investment in module and pack assembly.
1 year agoThe Indonesian National Air Carriers Association (INACA) stated that adding more international airports would have little effect on inbound traffic.
1 year 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.
1 year 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.
1 year agoMusic royalties drew public attention after noodle franchise Mie Gacoan was sued for failing to pay royalties between 2022 and 2025.
1 year 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.
1 year agoDanantara 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"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 agoIndonesia produces about 160 tonnes of gold annually but retains relatively little domestically.
1 year 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.
1 year 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.
1 year 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.
1 year agoThere are currently 1,200 civil servants in Nusantara, supported by up to 5,000 construction workers.
1 year 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.
1 year agoThe 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 agoThe 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 agoState 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 agoWhile many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online.
1 year agoTrump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy.
1 year agoTrump 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 agoSince 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 agoThe 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 agoIndonesia’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.
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