The government has expressed its disappointment with Russia's decision to temporarily ban the export of Indonesian coconut products.

Too many red flags would slow down or halt national development, the President said, arguing that in the race for development, speed was imperative.

Since last year, natural resource exporters from Indonesia must retain for at least three months in the domestic financial system 30 percent of their proceeds.

The bill prohibits streaming content displaying violence, mysticism, LGBT or “negative behavior or lifestyles that potentially harm the public”, with violations resulting in fines or license termination.

The Industry Ministry has rejected any blame for the buildup of vessels and containers at key seaports across the country after the Trade Ministry pointed to the delayed issuance of technical approvals (Pertek) as the main cause.

The outgoing government has proposed increased spending on priority programs for next year’s state budget, except for infrastructure, which is to see just an incremental increase or even a decrease.

Local businesses have embraced the Trade Ministry's latest regulation issued on Friday to ease imports of certain goods, the third such policy backtrack since a new set of restrictions were imposed in March.

Indonesia hopes revoking a ministerial regulation could encourage investment in renewable energy projects. 

Vendors are struggling to meet increased demand for air conditioners and blame a recently issued regulation for hampering imports.

The plan was announced despite an initial plan to mandate battery-based electric vehicles in the new capital city, particularly for passenger vehicles. 

The government has pushed back rules that will make halal certificates mandatory for medium, small and micro enterprises (MSMEs) in the food and beverage industry.

Speaking at the Qatar Economic Forum, Prabowo said criticism of Indonesia's downstreaming policies for coal, palm oil and nickel was misplaced and insisted that all nations maintained at least some trade restrictions.

The revised rule primarily addresses complaints over import regulations for passenger goods and migrant workers, but stipulations on raw and auxiliary materials remain mostly the same.

The measures, which drew strong opposition from Beijing, come as Biden seeks to look tough on trade ahead of a rematch with Republican Donald Trump in November's US presidential election.

The government is considering the establishment of a standalone ministry to deal with the housing backlog and financing for developers.

The government has vowed to compenate affected people fairly as unresolved issues related to land clearing, including relocating local inhabitants, continue to bog down progress in the IKN project as the clock ticks down to several milestones before Independence Day.

The Trade Ministry has temporarily confiscated a Rp 50.9 billion (US$3.17 million) tanker imported from China over an allegedly missing import permit.

The distribution of substandard steel could increase the risk of construction accidents and infrastructure failures, as well as hamper market competition.

Tourism minister said the plan was to finance the fund using the central government budget instead of collecting fees from tourists. 

Indonesia has too many international airports due to government oversight, an expert says.

OECD committees may recommend changes to Indonesia’s legislation, policy and practices to bring them further into line with OECD standards and best practices.

Indonesia’s relative lack of intellectual property (IP) protections has made investing in the country less appealing, foreign businesses have said, as they urge the government to improve IP regulation and enforcement.

Finance Minister Sri Mulyani Indrawati has ordered the Customs and Excise Directorate General to improve its services after several complaints by Indonesians buying goods from abroad made the rounds on social media.

Introducing more renewables will only be possible if the country can solve its persistent electricity problems.

Musk had been set on his cancelled India trip to announce $2 billion to $3 billion in new investments, including in a car plant, after India offered lower import taxes on EVs in return under a new policy.

The revision has been concluded and is awaiting signatures, with the final document to be ready by May.

Despite the President’s pledge to make Indonesia self-sufficient in sugar production, the country remains one of the top sugar importers.

An additional surcharge would impede the aviation industry’s recovery after the blows dealt by the COVID-19 pandemic.

The report by four NGOs alleges the ADB loan given in 2021 to Indonesia's state power company to fund its ten-year business plan and "promote the use of clean energy" has no clause blocking spending on new coal facilities.

The government’s plan to collect a fee by hiking airfares faces a backlash from tourist industry players, who deem such a surcharge counterproductive and unethical.