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View all search resultsUS customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.
16 hours agoThe government says it remains in negotiations to secure a trade deal with Washington before the Aug. 1 deadline. ...
1 day agoTrump this week began issuing letters to many US trading partners as he ramps up pressure for more favorable trade deals. ...
1 day agoThe added cost for consumers, analysts and industry players argue, could help prevent treatment bills from spiraling out of control.
1 month agoFollowing a peaceful protest by Greenpeace at a minerals expo on Thursday, the energy ministry announced it had temporarily suspended Gag Nikel's mining operations in Raja Ampat to conduct field verification.
1 month agoHome Minister Tito Karnavian urged regional governments to choose struggling hotels and restaurants, so government activities could help revive those businesses.
1 month agoPrivate companies and state-owned enterprises (SOEs) are expected to shoulder part of the government’s Rp 24.4 trillion (US$1.5 billion) consumer stimulus package aimed at spurring household spending.
1 month agoIndonesia’s renewable energy mix stood at 14.1 percent in early 2025, significantly below the 23 percent target for this year outlined in the previous RUPTL.
1 month agoGerman automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies, following a similar complaint from an Indian EV maker last week.
1 month agoThe study follows an earlier pre-feasibility assessment conducted by the Japan International Cooperation Agency (JICA).
1 month agoWhile Lisbon acknowledged that the hotel industry has seen declining activities due to the government budget efficiency measures, he said that the industry was expected to recover with the government’s economic incentives that would soon be implemented.
1 month agoPeople and institutions responsible for implementing the stimulus measures were left without knowledge of the plan. Such a lack of coordination could dampen the effectiveness of the policy, which is intended to boost the economy.
1 month agoFahri pointed to several hurdles, including land issues and lack of demand, hampering rollout of the funding commitments made by foreign entities that the government had secured over the past months, as quoted from Bisnis.com.
1 month agoWorkers' rights around the world are "in free fall", with widespread attempts to hamstring collective bargaining and attacks on trade union representatives, the world's largest trade union organization said Monday.
1 month agoExperts suggest the new power procurement plan leans toward repeating past mistakes and undermining energy transition commitments.
1 month agoManpower Minister Yassierli has issued a circular preventing employers from setting age limits on vacancies to provide equal opportunities for all jobseekers in the country.
1 month ago"I would say that they are a bit stalled," Bessent told broadcaster Fox News when asked about trade talks with Beijing.
1 month agoRay Dalio’s appointment as a Danantara advisor was announced following a verbal offer in March but had yet to be formalized.
1 month agoIndonesia has the opportunity to wrap up a long-delayed free trade deal with the European Union after the bloc officially placed Indonesia in its “standard-risk” deforestation law category, a step seen by businesses as a signal that could boost exports of palm oil, coffee, cacao and other commodities.
1 month agoWhen asked about the details of the development of a fossil fuel-powered plant under the plan, the energy ministry's electricity director general, Jisman Hutajulu, said, “We will probably share the details next week”.
1 month ago"The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries," state news agency Xinhua reported on Sunday, citing Li.
1 month agoIncreased regional investment by global energy giants, including oil majors such as Shell, Chevron and TotalEnergies, appear to be signaling corresponding renewed interest in Indonesia's oil and gas assets amid its push for energy self-sufficiency and deregulation.
1 month agoGaruda Indonesia said flying an aircraft from Jakarta to Bali previously cost Rp 194 million (US$11,876) per flight in 2019, but has risen by 38 percent to Rp 269 million per flight
1 month agoThe Law Ministry’s intellectual property director general Razilu said on Thursday that the road map would soon become binding across ministries and agencies after being drafted internally.
1 month agoHashim Djojohadikusumo, a top adviser to and brother of President Prabowo Subianto, said the government is seeking ways other than increasing tax rates to shore up tax revenue.
1 month agoThe updated stipulations, which will include changes in indirect taxes and domestic market obligation (DMO) fuel pricing, are expected to be released “soon”.
1 month agoBank Indonesia has cut its benchmark interest rate by 25 basis points (bps) in an effort to boost economic growth while inflation is under control.
1 month agoIn a meeting with House Commission V on Tuesday, representatives of two property developers associations put forth an idea to offer a rent-to-own scheme to ease access to home financing for informal workers who might otherwise fall through the cracks of creditworthiness criteria and bank scoring models.
1 month agoThe manpower minister issued a circular to ban what has been common practice at many workplaces and signaled that such protection could be enshrined in a forthcoming ministerial regulation or an amended Manpower Law.
1 month agoThe government has introduced a regulation that will prevent a race to the bottom among logistics providers and require them to expand their services outside profitable regions.
1 month agoTwo figures with ties to the military, including an active officer, are expected to head the Finance Ministry's tax and customs offices by presidential appointment, though it is unknown when they will take up their new roles.
1 month agoA lack of investment in Indonesia’s power grid is emerging as a key obstacle to the country’s clean energy goals, as transmission constraints slow down the adoption of renewable energy.
1 month agoKadin has distanced itself from the officials involved until a legal verdict is reached.
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