"I would say that they are a bit stalled," Bessent told broadcaster Fox News when asked about trade talks with Beijing.

Ray Dalio’s appointment as a Danantara advisor was announced following a verbal offer in March but had yet to be formalized.

Indonesia has the opportunity to wrap up a long-delayed free trade deal with the European Union after the bloc officially placed Indonesia in its “standard-risk” deforestation law category, a step seen by businesses as a signal that could boost exports of palm oil, coffee, cacao and other commodities.  

When asked about the details of the development of a fossil fuel-powered plant under the plan, the energy ministry's electricity director general, Jisman Hutajulu, said, “We will probably share the details next week”.

"The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries," state news agency Xinhua reported on Sunday, citing Li. 

Increased regional investment by global energy giants, including oil majors such as Shell, Chevron and TotalEnergies, appear to be signaling corresponding renewed interest in Indonesia's oil and gas assets amid its push for energy self-sufficiency and deregulation.

Garuda Indonesia said flying an aircraft from Jakarta to Bali previously cost Rp 194 million (US$11,876) per flight in 2019, but has risen by 38 percent to Rp 269 million per flight

The Law Ministry’s intellectual property director general Razilu said on Thursday that the road map would soon become binding across ministries and agencies after being drafted internally.

Hashim Djojohadikusumo, a top adviser to and brother of President Prabowo Subianto, said the government is seeking ways other than increasing tax rates to shore up tax revenue.

The updated stipulations, which will include changes in indirect taxes and domestic market obligation (DMO) fuel pricing, are expected to be released “soon”.

Bank Indonesia has cut its benchmark interest rate by 25 basis points (bps) in an effort to boost economic growth while inflation is under control.

In a meeting with House Commission V on Tuesday, representatives of two property developers associations put forth an idea to offer a rent-to-own scheme to ease access to home financing for informal workers who might otherwise fall through the cracks of creditworthiness criteria and bank scoring models.

The manpower minister issued a circular to ban what has been common practice at many workplaces and signaled that such protection could be enshrined in a forthcoming ministerial regulation or an amended Manpower Law.

The government has introduced a regulation that will prevent a race to the bottom among logistics providers and require them to expand their services outside profitable regions.

Two figures with ties to the military, including an active officer, are expected to head the Finance Ministry's tax and customs offices by presidential appointment, though it is unknown when they will take up their new roles.

A lack of investment in Indonesia’s power grid is emerging as a key obstacle to the country’s clean energy goals, as transmission constraints slow down the adoption of renewable energy.

Kadin has distanced itself from the officials involved until a legal verdict is reached.

An integrated property development and construction firm from Dubai has become the first company in months to express an interest in developing the new capital city in East Kalimantan, and is looking to invest in 10 hectares of Nusantara's mixed-use commercial zone.

As the number of tourists in Bali continues to rise, hotels on the island are suffering from declining occupancy rates, which they blame on a growing number of unlicensed rentals, raising concerns about harm to the local economy.

Industry associations warn that Bali’s ban on small plastic bottles last month could lead to a sales decline of 5 percent, as the province contributes significantly to the RTD beverage market.

A video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.

Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking.

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce.  

Transparency from the outset to allay foreign investor's concerns is key to the success Danantara's plan to issue bonds, analysts say.

The government has shared plans to ease import rules for certain goods, but the measures presented on Friday appear to exclude key export commodities from the United States as bilateral trade talks aimed at averting US tariffs have yet to conclude.

Indonesia’s Trade Ministry says it will carefully “monitor” Malaysia’s antidumping duty imposed on Indonesian plastic goods and may bring the matter to the World Trade Organization (WTO) “if necessary”, while experts urge swift action to protect domestic industries.

The central bank has pared down outstanding SRBI by 4.5 percent since end 2024 to Rp 881.86 trillion in April in a bid to free up liquidity and boost domestic bank loans.

Under the new rule introduced late last month, state institutions are permitted to buy domestic products with at least 25 percent local content instead of 40 percent previously.

On the heels of Sunday's launch of the aiport's newly renovated haj terminal, the government has disclosed a plan to overhaul Terminal 1F to serve just low-cost carriers by the end of first quarter next year.

The creation of a new task force signals growing government support for the early retirement of coal power plants, but experts warn the initiative may fail unless it is backed by strong political will and international funding.