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One of the first concrete reactions among Asian nations to the decision, it follows Trump's move on Saturday to levy a temporary tariff of 15 percent, the maximum allowed by law, on US imports from all countries, following the court's rejection.
1 hour agoUS Treasury Secretary Scott Bessent told Fox News on Friday that tariffs based on the International Emergency Economic Powers Act (IEEPA) "were custom made for President Trump to assert leverage" against other countries. ...
1 day agoThe industry ministry has joined the choir of criticism against Agrinas' procurement deals with Indian carmakers, saying that rather than importing foreign-made pickups, the local automotive industry should be bolstered to optimize capacity so as to reap the many benefits of mobilizing the national supply chain. ...
2 days agoFinance Minister Purbaya Yudhi Sadewa estimated that formalizing illegal cigarette production could generate additional trillions of rupiah (more than US$59 million) for the state coffers.
1 month agoProfessionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.
1 month agoRoughly 95 percent of the country’s consumption is currently met through imports.
1 month agoA state-owned textile enterprise is to tackle industrywide problems, including rehiring tens of thousands of workers laid off after the Sritex bankruptcy.
1 month agoThe government has earmarked US$125 million for the development of a domestic chip design industry, with Coordinating Economy Minister Airlangga Hartarto citing a partnership with United Kingdom-based Arm Holdings.
1 month agoDeputy finance minister Thomas "Tommy" Djiwandono, who is also a nephew of President Prabowo Subianto, has been lined up to become a deputy governor of Bank Indonesia (BI), raising questions about the central bank’s independence.
1 month agoTransmigration Minister M Iftitah Sulaiman Suryanagara has welcomed proposals from local governments to develop 60 transmigration areas in their respective regions.
1 month agoThomas Djiwandono, a deputy finance minister who is a former businessman, is reportedly set to face a fit-and-proper test by parliament for the new job.
1 month agoAn aggressive biodiesel push could pile pressure on energy subsidies in the state budget due to fluctuations in palm oil prices and squeeze already limited feedstock supplies that are also crucial for other industries.
1 month agoThe West Java administration plans to give its stake in Kertajati International Airport in Majalengka to the central government and in return get a stake in Husein Sastranegara Airport in Bandung.
1 month agoIndustry associations are concerned about a drastic cut to this year's beef import quota for private companies, warning of potential layoffs, stymied domestic competition and negative impacts on the market and consumers.
1 month agoInitially introduced to address rising medical costs over time, the co-payment scheme allowed insurers and policyholders to jointly bear medical expenses.
1 month agoUS President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10 percent starting on January 20 but he did not provide details on how his plan will come to fruition or how he planned to make companies comply.
1 month agoThe government has unveiled plans for Bulog to build 100 post-harvest facilities, backed by Rp 5 trillion in state capital injections, aiming to ease chronic storage bottlenecks that have long limited the absorption of farmers’ harvests.
1 month agoEnergy and Mineral Resources Minister Bahlil Lahadalia said this year’s coal production quota would be set at around 600 million tonnes, pending a final review by the ministry’s director general.
1 month agoThe national quarantine body has banned all imports of Spanish pork and pork products following a confirmed ASF outbreak in the European country, in a measure that aims to protect the domestic pig farming industry as well as native wild boars from the highly virulent and fatal swine disease.
1 month agoAuthorities seized more than 4.1 million hectares of land last year, arguing it was being illegally operated in forest areas by both large palm oil companies and smallholder farmers.
1 month agoExperts warned that the new body could overlap with the Housing and Settlements Ministry and BP Tapera, bloating the housing program with layers of bureaucracy.
1 month agoThe measure is regulated under Finance Ministry Regulation No. 98/2025, signed by Finance Minister Purbaya Yudhi Sadewa on Dec. 22, with the tariffs set to take effect this Saturday.
1 month agoWhile temporary permits have provided short-term relief, experts warn that a growing backlog could undermine investment certainty and the sector’s long-term stability.
1 month agoFollowing last year’s fuel snafu, the government has decided to increase this year's import quotas for private retailers, but has not publicly announced by how much.
1 month agoTax relief is provided for employees working in five business sectors: footwear, textiles and apparel, furniture, leather and leather goods, as well as tourism.
1 month agoThe injections are part of Rp 276 trillion in government deposits redirected from the government’s accounts at Bank Indonesia (BI) in September and November to support liquidity at state-owned banks.
1 month agoThe coal industry is bracing for heightened uncertainty and margin pressure following the introduction of a new price reference system that industry players warn will complicate pricing and erode Indonesia's export competitiveness.
1 month agoAfter a lack of progress in their 3-million-homes pledge this year, the government has signaled a shift in focus toward renovation rather than new construction.
1 month agoLabor groups are demanding the wage be raised to Rp 5.89 million, in line with Jakarta’s decent living needs as calculated by Statistics Indonesia (BPS).
1 month agoThe energy minister has reinforced a plan to gradually reduce diesel imports over the first two months of 2026 toward a full ban in March, pointing to sufficient domestic supply and a potential for combining increased local output with hiking the national biodiesel program to 50 percent.
1 month agoAs part of broader efforts to strengthen child protection in the digital space, the Indonesian government is preparing to impose restrictions on children’s and adolescents' access to social media starting in 2026.
1 month agoThe agreement, which is expected to be signed by President Prabowo Subianto and his United States counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.
1 month agoAs of October, renewables accounted for only 14.4 percent of the national energy mix, equivalent to 15.47 gigawatts (GW) of installed capacity.
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