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.
18 hours agoThe 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. ...
1 day agoUnder 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. ...
2 days agoThe marketing and sale of iPhone 16 models was prohibited by the government in October over Apple’s failure to meet regulation requiring that 40 percent of smartphone components be made from local parts.
3 weeks agoThe National Food Agency (Bapanas) has defended President Prabowo Subianto’s instruction to remove import quotas, arguing the move will not hurt domestic producers.
3 weeks agoIndustry groups are pressing the government to delay increasing mining royalties this month as planned, regardless of the pause in US tariffs, underlining the persistent global uncertainty and already burdensome domestic rules for miners.
4 weeks agoThe housing ministry has introduced a new regulation to be issued on April 21 that expands the maximum income threshold for individuals and couples eligible for the government's subsidized homeownership program, so residents in major cities also have access to affordable homes.
4 weeks agoIn their meeting on Wednesday, just before the Trump administration reversed course on its sweeping tariff policy, the senior economic minister and the US ambassador spoke of constructive cooperation as a way forward in bilateral trade talks.
4 weeks agoThe government appears in disarray over details on planned changes.
4 weeks agoThe approval will come on the day that Trump's "reciprocal" tariffs on the EU and dozens of countries took effect, including massive 104 percent duties on China, extending his tariff onslaught and spurring more widespread selling across financial markets.
4 weeks agoFollowing the sweeping 10 percent tariffs that took effect over the weekend, rates on imports to the United States from exporters like the European Union or Japan rose further at 12.01 a.m. Wednesday.
1 month agoThe government is forming a management body for carrying out seawall projects to tackle land subsidence along the northern coast of Java, Deputy Public Works Minister Diana Kusumastuti has said.
1 month agoPresident Prabowo Subianto has ordered the government to extensively cut back business regulations, including local content requirements and import restrictions, a day before the United States is set to slap steep import tariffs on Indonesian goods.
1 month agoLocal manufacturers have highlighted an urgent need for measures to protect the domestic market in anticipation of a potential influx of displaced imports as a result of US tariffs, especially following an unexpected downturn in demand over Idul Fitri.
1 month agoThe government has vowed to import more goods from the United States to gain leverage in bilateral negotiations and ease tariffs introduced by US President Donald Trump.
1 month agoPresidential spokesman Hasan Nasbi said on Thursday that President Prabowo's administration has prepared strategies to maintain the stability of the domestic economy amid Trump's tariffs, including the free nutritious meal program.
1 month agoCoordinating Economic Affairs Minister Airlangga Hartarto said in a statement that Indonesia would pursue diplomacy and negotiations to find mutually beneficial solutions after Trump announced sweeping global tariffs on Wednesday.
1 month agoThe initial 10 percent "baseline" tariff paid by US importers took effect at US seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates.
1 month agoPresident Prabowo Subianto has instructed his cabinet to deregulate and remove “restricting regulations” particularly with regard to nontariff barriers.
1 month agoOnly 12.34 million taxpayers submitted their tax returns before this year's April 1 deadline. The figure falls short of last year’s 12.7 million tax return submissions under a similar deadline.
1 month agoThe steeper additional tariffs impact major US trading partners, with the European Union facing a 20 percent rate and China a 34 percent figure.
1 month agoThe "reciprocal" tariffs, Trump said, were a response to duties and other non-tariff barriers put on US goods. He argued that the new levies will boost manufacturing jobs at home.
1 month agoThe Public Housing and Settlements Ministry is planning to build 70,000 subsidized homes this year for workers in various sectors, including in the health, education and fishery industries, as part of President Prabowo Subianto’s ambitious 3 million homes program.
1 month agoThe government is planning to disburse the second round of social aid this year after the Idul Fitri holiday, while also seeking to begin utilizing the newly launched Single National Social and Economic Data (DTSEN) system.
1 month agoFrance's trade ministry condemned "unacceptable" US interference Saturday after the American embassy in Paris sent several French firms letters warning against using the diversity programs known as "DEI", a frequent Donald Trump target.
1 month agoThe Trump administration has written to French companies holding US government contracts ordering them to comply with an executive order banning diversity, equity and inclusion programs, two people familiar with the matter said.
1 month agoPresident Prabowo Subianto has signed a regulation on online child protection that stipulates a minimum age requirement for social media.
1 month agoExperts warned appointments could blur the line between BI’s role as a monetary regulator and its involvement in the banking industry, potentially undermining its independence.
1 month agoThere were 71.1 million and 64.8 million customers who received the discount in January and February, respectively.
1 month agoTo accelerate implementation of the initiative, Indonesia will also revise the Comprehensive Investment and Policy Plan (CIPP), which is essentially a blueprint to carry out JETP investments to better align with the country’s economic condition, regulations and infrastructure.
1 month agoThe announcement drew swift condemnation from the European Union and from Canadian Prime Minister Mark Carney, who called it a "direct attack" on Canadian workers.
1 month agoExperts from CELIOS and the EIU have both cautioned of potential economic repercussions from the recently passed TNI Law revision, particularly as regards the investment climate vis-à-vis external perceptions of Indonesia's democracy.
1 month agoThe trade minister says the government is preparing several strategies to stave off potential impacts of impending US tariffs and any miscommunication over Prabowo's food self-sufficiency agenda, as the country still relies on certain agricultural imports.
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