Musk has argued that Supreme Court Justice Alexandre de Moraes was trying to enforce unjustified censorship, while the judge has insisted that social media needs hate speech regulations.

Foreign arrivals in Bali have surged since the island reopened after COVID-19, and videos of misbehaving tourists often go viral, angering local residents and sparking harsh responses from social media users in Indonesia.

Finance Minister Sri Mulyani Indrawati has said that fiscal and monetary stimulus alone cannot boost Indonesian economic growth and instead should implement more structural reforms.

Industry association Asaki has made its case at a meeting with House Commission VI on Monday, saying that PGN's move in August to cut the subsidized gas allocation to just 50 percent had led to increased costs for producers, as they had to source additional supplies at market prices.

The government has signaled that it will enact subsidized fuel restrictions, but it has yet to make a decision on the matter.

The industry minister has told a House commission meeting that it was his office's duty to protect domestic industries against any negative impacts on their competitiveness from the planned carbon tax.

The government hopes new rules for gross split production-sharing contracts will lure more oil and gas investment to Indonesia, but experts say it may not be enough to significantly improve investment in the sector.

The transportation minister says the government plans to offer discounted prices for on-demand drivers in anticipation of its new subsidized fuel restrictions, due to kick in on Sept. 1.

Domestic firms want to see the state commit more funds to the future capital city before they themselves feel confident about investing, as they believe the megaproject’s development remains heavily dependent on fiscal support.

Finance Minister Sri Mulyani Indrawati said the government was still developing carbon tax regulations, covering aspects like legislation and economic readiness.

The ministry set a 901 megawatt (MW) nationwide limit for rooftop solar panel installation this year. Less than 90 MW of that quota remains.

New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import liquefied natural gas (LNG) amid energy shortages.

Kamala Harris's price gouging policy has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers.

The government has proposed turning illegally imported goods into industrial fuel for factories due to budget constraints that prevent it from destroying the contraband, but the idea has drawn a sharp rebuke from critics and industrialists, who say such a move could be burdensome rather than beneficial.

The carriers mostly stopped transiting Afghanistan, which lies on major routes between Asia and Europe, three years ago when the Taliban took over and air traffic control services stopped. 

The sections in question are expected to be completed by December and ready for open bidding next year.

As many as 13 coal-fired power plants have a total capacity of 4.8 gigawatts (GW) and generate 66 million tonnes of carbon emissions, and some of them will naturally shut down by 2030 without intervention.

The President has signed a new regulation that now grants direct leaseholds of up to 95 years in the government's bid to attract private investors to foot around 80 percent of the megaproject's estimated US$35 billion bill.

Local industry players worry easing import and local content rules would make projects opt to procure solar cells and modules from abroad instead of using those domestically made.

Straight out of the blocks, the new BPOM head has announced a presidential initiative to lower medicine prices in Indonesia, which he said were up to four times higher than those in neighboring countries.

The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made electric vehicles.

Business leaders have commended the appointment of Rosan Roeslani as the new investment minister, pointing to the former diplomat’s long experience in business and in representing business interests.

The Finance Ministry has abandoned a plan to enforce an excise on plastic products starting next year but still wants to go ahead with a tax on packaged sweetened beverages.

Deputy Agriculture Minister Sudaryono has proposed excluding dairy milk from president-elect Prabowo Subianto’s free nutritious meals program, citing inadequate domestic production. 

The budget plan keeps many spending items unspecified, including for the development of the country’s future capital, leaving the details to the administration of president-elect Prabowo Subianto.

President Joko “Jokowi” Widodo says the green economy and Prabowo Subianto’s flagship free meals program will prop up economic growth next year by fueling micro-level business activity and boosting exports.

The current incentives are set to expire on Oct. 8, four years after the government first granted them through Finance Ministerial Regulation (PMK) No. 130/2020.

A senior minister says the government is looking at shutting down Banten's Suralaya coal power plant early to help reduce air pollution in Jakarta, which generally ranges between the third and fourth levels of the six-tier index for air quality.

The arrangement will allow investors to quickly get a return on their investment, the Bali administration has said, adding that this in line with the fact that the project has been fully funded by the private sector from its construction phase.

The outgoing President is planning to hand over the country's finances to his successor on Friday while delivering the annual State Budget Address, which experts will be watching keenly for indications of the incoming administration's policy direction on the economy