The government’s plan to assume direct ownership of the Indonesian stake in the Jakarta-Bandung high-speed railway project is up in the air following the sudden removal of Purbaya Yudhi Sadewa as finance minister.  

Statistics Indonesia (BPS) acknowledged a 23 percent error rate in its mathematical model for estimating household expenditure in the Single National Socioeconomic Data (DTSEN).

Existing bioethanol supplies can cover only about 3 percent of national demand for biofuel applications, according to the Investment and Downstream Ministry data.

Labor groups are gearing up for nationwide protests, demanding stronger worker protections from changes to the minimum wage formula and tighter limits on contract work to a government-funded severance reserve.

Making good on an initiative the President first unveiled last March, the government has earmarked Rp 11 trillion to open 200 million individual bank accounts with an initial deposit of Rp 50,000 each to improve financial inclusion across the country.

Exactly two months since the B50 biodiesel program was launched, the energy ministry has hailed the operation of 104 fuel delivery points across the nation as an infrastructure milestone.

Analysts suggested that the government complement the system with other data sources to better assess people’s financial capacity.

While Indonesia is making massive investments in the downstream sector, upstream reforms regarding waste collection, financing and management must align with that ambition.

The planned system would eventually shift social assistance from in-kind aid to cash transfers, with the government considering safeguards to ensure the money is spent on essential goods.

Government Regulation 33/2026 brings businesses long-sought clarity on data protection, with enforcement awaiting a presidential approval of the data protection authority.

As the government plans to roll out a new consumer subsidy, motorcycle riders say the discount alone is not enough to make them switch from their conventional bikes to new electric ones.  

The government had reserved some Rp 40 trillion (US$2.26 billion) this year to pay the first round of installments due on Sept. 25, totaling Rp 37.7 trillion.

Analysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.

Reports of fuel subsidy misuse amid rising consumption toward potentially overshooting the 2026 quotas have prompted the government to launch an active review of its policy, so that targeted consumers benefit from subsidized fuels.

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

The 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.

Europe'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.

The House of Representatives has confirmed Destry Damayanti for the Bank Indonesia (BI) governor position for a full five-year term.

Experts argued that SOE banks still need to assess the commercial viability of the cooperatives and not just rely on the government backstop.   

In a vetting process at the House of Representatives, Bank Indonesia (BI) governor nominee Destry Damayanti signaled continuity in monetary policy but emphasized a commitment to pushing economic growth should she be approved for the top job at the central bank.

The commercial plan is still being evaluated, says the head of PT Danantara Sumber Daya Indonesia (DSI), the newly established company to track commodity exports from Indonesia.

Under the latest plan disclosed by Finance Minister Purbaya Yudhi Sadewa, the government would restrict purchases by those classified in deciles 9 and 10 under the National Socioeconomic Single Data (DTSEN) system.

Authorities launched the first exchange-traded funds (ETFs) backed by physical gold on Aug. 10.  

President Prabowo Subianto unveiled a subsidy program for 1 million locally made electric motorcycles in his Aug. 14 state budget address, pitching the scheme as a triple win for consumers, energy security and jobs.

Finance Minister Purbaya Yudhi Sadewa has signaled that the subsidy program for electric two-wheelers will resume in September.  

Interim BI governor Destry Damayanti, widely expected to become the central bank’s chief soon, has conveyed a restrictive monetary policy stance in a turbulent global economy but also emphasized the need to push growth.

The government is finalizing new rules for ride-hailing services, with a presidential regulation expected to be issued in September.

In July, more than 100 shipments were delayed at Indonesian ports due to a mandatory testing program screening mineral shipment for rare earth content, despite the lack of clear government guidelines on acceptable levels.

The government’s debt had reached a record high of Rp 10.3 quadrillion, or 41.26 percent of gross domestic product, as of June 30, up Rp 1.8 quadrillion since Prabowo took office in October 2024.

Retailers have criticized the government’s decision to delay the implementation of marketplace tax collection for online sellers, saying it prolongs an uneven playing field disadvantaging bricks-and-mortar businesses already contending with softer consumer spending and rising costs.