Coordinating Economic Minister Airlangga Hartarto said developing SEZs had been a key strategy among Southeast Asian nations to attract investment and that Indonesia lagged behind with only 24 SEZs covering a total of 21,000 hectares.

With overall sentiment sliding due to policy "turmoil," prices are projected to rise faster than expected at least in part and perhaps largely because of President Donald Trump's plans to levy duties on imports from US trading partners. 

A weak rupiah exchange rate limits Bank Indonesia’s scope for further monetary policy easing at this time, but the central bank is pinning its hopes on the appeal of Indonesian stocks and bonds to lift the currency’s worth.

Indonesia's financial regulator said on Wednesday it would temporarily loosen share buyback rules following the worst market fall in more than a decade.

Aptrindo has announced that around 500 freight transportation companies in Greater Jakarta plans to hold a strike from March 20 to 21 to protest the government's policy restricting trucking operations over this year's 16-day collective leave for Idul Fitri.

US President Donald Trump has imposed extra import tariffs on Chinese goods since taking office in January, as well as placing levies on key trading partner Canada, another key source of cobalt, used in aerospace, for the US

The move to increase mining royalties takes place as the government has seen a more than 30 percent decline in tax revenue that accounted for more than half of state revenue in the first two months of this year.

While coal gasification technology is not new, very few have ever applied the technology because of its poor economic returns with companies expecting huge incentives to make it worthwhile.

Lawmakers and business associations have urged the government to set up an Indonesian tourism board to promote the country as a travel destination and support the industry.

Yuliot said that plastic waste will be processed using pyrolysis technology to produce fuel oil. Meanwhile, organic waste will be used to produce bioenergy “in the form of either biogas or biomass.”

The OJK is cooking up a new set of rules in an effort to curb the growing phenomenon of "finfluencers" and protect consumers from potential losses through unlicensed financial advice on social media.

Agriculture Minister Amran Sulaiman seeks to avert a massive reduction in his ministry’s funding, arguing that the measure would jeopardize the government’s efforts to achieve self-sufficiency in food production.

The government is looking to hike royalties on several mining products by varying amounts based on the contract types and prices.

The country’s newest sovereign wealth fund will prioritize the use of natural gas to support the country’s downstream industries and as a transition energy on the way toward cleaner power, according to the energy ministry.

The government plans to utilize 221,000 hectares of confiscated oil palm plantations, much of it protected forest land, to continue planting oil palm as part of its effort to achieve energy security.

At least 12 members of the Indonesian Solidarity Party (PSI), including PSI secretary-general Raja and deputy chair Andy Budiman, have been appointed to the program’s Operation Management Office (OMO).

Investment and Downstream Minister Rosan Roeslani told reporters on Friday that he reaffirmed the government’s plan to involve Dalio as one of the members of the advisory board of the country’s latest sovereign wealth fund Danantara.

Apple now needs to obtain a series of certificates and approvals from various ministries, the statement said.

Rupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.

The Indonesia Just Energy Transition Partnership (JETP) secretariat has insisted that the complete withdrawal of the United States from the program will have little effect on the overall climate funding for the country, stressing that some ongoing deals will still commence as planned.

Banking on its large share of the thermal coal market, Indonesia wants its domestic benchmark to inform international pricing, but importers are reluctant to go along, causing uncertainty for export deals.

In total, Bali electricity demand is estimated to exceed 1.2 gigawatts (GW), but it only produces 961 megawatts (MW) from power plants on its soil, according to Global Energy Monitor data in 2023.  

The SOEs minister has vowed to reform Pertamina, including by possibly merging PT Pertamina Patra Niaga and PT Kilang Pertamina Internasional, two of at least three subsidiaries currently embroiled in a fraud and corruption probe by the AGO related to fuel imports in 2018-2023.

The policy will reduce prices for flights booked between March 1 and April 7. The flights themselves must be taken between March 24 and April 7.

Set to officially launch in 2027, the cap-and-trade scheme will be separate from the voluntary carbon market as well as from the limited mandatory one for coal-fired power plants, both introduced in 2023.

According to Hashim, these funds will be partially funneled into Danantara, Indonesia’s newly established sovereign wealth fund (SWF).

The government has done little to strictly impose architecture regulations, which experts suggest is due to its difficult situation in balancing economic benefits and the adverse impact on local culture. 

Singapore may have to keep waiting for green electricity from Indonesia, as Jakarta demands a reassessment of the deal, but analysts warn that overcomplicating negotiations will put Indonesia at a loss.

“Can we do it? Yes, we can. I don’t know how long it will take, but insya Allah [God willing], with strong determination, we will make it happen," the President said on Tuesday

Chairman of BPKN Mufti Mubarok said on Wednesday that there's enough evidence to show that Pertamina mixed high-octane fuels with lower-octane fuels and marketed them as premium quality product, noting that consumers could file a class action lawsuit against the company.