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The government plans to impose exit duties on gold next year in a bid to increase state revenue and keep more of the precious metal inside the country for saving or further processing.
4 hours agoExpended underground mining is jeopardizing the coal industry’s and the government’s commitment to the Global Methane Pledge, a pact to cut methane emissions by at least 30 percent by 2030. ...
1 day agoBank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year. ...
1 day agoIndonesia is aiming to reduce its reliance on gas imports by building natural gas distribution networks throughout the country.
1 year agoFollowing a so-called transition period of five years, the government has kicked off 2024 by imposing a 10 percent e-cigarette tax, sparking opposition from industry players.
1 year agoHaving more stations will lead to a longer overall travel time due to additional stops, experts warn.
1 year agoPeople living in the city and its surroundings will likely remain reliant on private vehicles, experts say, citing an urgent need for a drastic improvement of the public transportation system.
1 year agoAs the police revise the death toll from the Morowali nickel smelter furnace explosion on Christmas Day, the government is increasing scrutiny of work safety amid calls for regular audits.
1 year agoThe government expects an uptrend in underground mining to take hold in the country as surface mineral reserves continue to decline.
1 year agoAccording to experts, implementing carbon capture and storage (CCS) in Indonesia within five years will be challenging because of the high costs of the novel technology and low expectations for scaling up.
1 year agoBank of Japan Governor Kazuo Ueda said on Monday the likelihood of achieving the central bank's inflation target was "gradually rising" and it would consider changing policy if prospects of sustainably achieving the 2 percent target increase "sufficiently".
1 year agoAnalysts say President’s son was "assertive" despite making "incorrect answers".
1 year agoMinistry of Communications and Informatics Republic of Indonesia (Kominfo) has published Pemiludamaipedia. Similar to an encyclopedia, Pemiludamaipedia consists of all the information regarding the presidential election, legislative election and regional head elections that will occur in 2024.
1 year agoBank Indonesia (BI) expects to keep its benchmark interest rate at 6 percent for at least six more months to keep inflation at bay, in addition to ensuring rupiah stabilization.
1 year agoNine new renewable energy projects worth a combined Rp 51 trillion have seen their financing dry up as a result of international lenders' unwillingness to meet government local content requirements, state-owned electricity company PLN said on Tuesday.
1 year agoDaihatsu said Wednesday it would suspend domestic and overseas shipments of all its vehicles in light of an independent panel's report that found it had been manipulating tests as long ago as 1989.
1 year agoThe independent probe found the malpractice dated back to 1989 and led Toyota to express its "sincere apologies" and pledge to carry out "a fundamental reform".
1 year agoThe recall covers 2020 through 2022 model year vehicles including various Avalon, Camry, Corolla, RAV4, Lexus ES250, ES300H, ES350, RX350 Highlander and Sienna Hybrid vehicles and could result in the Occupant Classification System (OCS) sensors not working. It includes 1 million vehicles in the United States.
1 year agoIndividual aircraft deliveries to China that were suspended in 2019 after two deadly crashes still need approval from China's National Development and Reform Commission (NDRC), the report said.
1 year agoA planned carbon tax is expected to impact state-owned electricity firm PLN’s business, but experts say the levy could benefit the electricity sector overall, despite initially higher energy costs.
1 year ago"Daihatsu decided today to temporarily suspend shipments of all Daihatsu-developed models currently in production, both in Japan and overseas," the auto titan said in a statement following a report by an independent panel.
1 year agoVietnam had been the prime destination for Indonesia’s lobster larvae exports and according to the Maritime Affairs and Fisheries Ministry, 99 percent of shipments went to that country.
1 year agoIndonesia, trailing its neighbors in the electric vehicle (EV) race, is stepping on the gas with a package of tax incentives aimed at revving up its domestic industry, a government official has said.
1 year agoThe move comes after an order in October from the US International Trade Commission (ITC) that could bar Apple from importing its Apple Watches after finding the devices violate medical technology company Masimo's patent rights.
1 year agoAnalysts have urged finalizing the prolonged discussions over a Coordination of Benefits (COB) scheme, which they say will reduce public-private competition and ultimately help the government toward achieving its universal health coverage goal, alleviate risk for private insurers as well as ensure better health benefits for all.
1 year agoThe Asian Development Bank (ADB) will focus its Energy Transition Mechanism (ETM) financing program to achieve a financial close for the Cirebon-1 early retirement project transaction in the first half of 2024.
1 year agoAccording to Kadin department head of monetary policy and financial services Tigor M. Siahaan, one expatriate could create at least 20 jobs for local people.
1 year agoIndonesia’s presidential candidates clashed over national fertilizer shortages at Tuesday’s inaugural debate of the 2024 campaign, with the three trading blame and using the problem to highlight broader policy differences.
1 year agoIndonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, a new presidential regulation showed as Jakarta seeks to attract more investment.
1 year agoThe Financial Services Authority (OJK) is set to require banks to factor climate-related uncertainty into their lending decisions, as experts and international groups say the country’s financial sector may not be sufficiently prepared for the growing risk.
1 year agoExperts say a planned revision of the green taxonomy causes uncertainty for Indonesia’s energy transition as it excludes the “red” category and switches from the traffic light categorization system to a dichotomy of “green” and “transition”.
1 year agoSeveral industries have called for at least another year's extension after the OJK announced a March 2024 termination date to its pandemic-era loan restructuring facility, arguing that a one-size-fits-all approach will not work.
1 year agoBusinesses have opposed a planned higher tax rate set for parking and entertainment services in Jakarta stipulated in a new bill currently being discussed at the House of Representatives.
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