Indonesian manufacturers are calling on the government to cut the tax imposed on imported raw materials for making medical devices, which they say have undercut their competitiveness by making it cheaper to import foreign-made equipment.

Coordinating Economic Minister Airlangga Hartarto announced plans for the program’s resumption on June 24, citing a request from President Joko “Jokowi” Widodo. The program was previously extended three times before expiring at the end of March of this year.

The Industry Ministry continues to point to a recent Trade Ministry regulation for the country’s weakening manufacturing PMI, even as other Asian peers saw stronger performance in the May-June period.

The tourism minister has called for calm as criticism mounts against the American musician's upcoming Jakarta concert in September, urging the public to leave politics out of the creative economy.

GINSI has warned that the new policy could have the unintended effect of closing down law-abiding importers while increasing smuggling activities.

Indonesian Geothermal Association (INAGA) secretary-general Riza Pasikki deemed PLN’s terms and conditions “were not attractive enough” to bring in prospective investors to develop geothermal working areas in the country.

If left unsolved, this could discourage foreign direct investment (FDI) as it extends the timelines beyond what investors are willing to accept while increasing the risks to their capital.

The doctrine, among the most important principles in administrative law, arose from a 1984 Supreme Court ruling involving oil company Chevron. Conservatives and business interests had opposed it while liberals, favoring robust corporate regulation, championed it.

The precedent the court overturned arose from a ruling involving oil company Chevron that had called for judges to defer to reasonable federal agency interpretations of US laws deemed to be ambiguous. This doctrine, long opposed by conservatives and business interests, was called "Chevron deference."

Initially the government limited the licenses to coal deposits previously controlled by miners holding work contracts (PKP2B) because other minerals were considered more difficult to extract.

Trade Minister Zulkifli Hasan has announced measures against imported textile goods as the government seeks to protect struggling domestic manufacturers.

The government’s plan to ban seaweed exports is expected to hurt domestic producers of the commodity by causing excessive supply and declining prices.

Previously there were many cases when event organizers received their license just a day before the due date or even just hours before the event started. 

The provisions focus on simplifying transfer pricing policies to avoid tax avoidance loopholes, especially those used by multinational corporations.

The government would introduce a domestic market obligation (DMO) in the upcoming regulation.

Local property firms coined an idea to build foreign-themed townships like Koreatown and Middle East town, in a bid to attract investment for the future capital city.

The United States has called on the European Union to delay a ban on imports of products driving deforestation, saying it would harm American producers unable to comply, the European Commission said Thursday.

The payable was for a fertilizer subsidy provided for farmers from 2020 to April this year. 

REI has asked the government to increase the subsidized housing for this year, given that the market had absorbed 48 percent of the originally allotted 166,000 units to date and supply would likely run out by September.

The tourism minister says the presidential regulation on a new tourism fund is almost complete and hopes it will be issued before President Jokowi's term ends in October so the fund is up and running by next year to draw more foreign visitors to the country.

Nusantara Airport, initially designated to serve only very important guests of the state , is slated for completion by Aug. 1 with a trial run in July, just in time for the country’s Independence Day flag ceremony, which is also the capital’s inauguration day.

The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs (Japanese Government Bonds) thereafter to ensure that long-term interest rates would be formed more freely".

In line with a statement made during his shock resignation reveal last Monday, Bambang has now been appointed special presidential envoy for international cooperation for the IKN development project.

Experts say a four-day workweek, while it could reduce stress levels, is currently not an option for Indonesia as an emerging country.

The European Union warned this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe.

Between 2014 and the end of 2022, the Chinese government said it had spent more than 200 billion yuan ($28 billion) on subsidies and tax breaks for EV purchases alone.

Beijing hopes the European Union will reconsider tariffs on Chinese electric vehicles and stop going further in the "wrong direction" to shield its auto industry from competition, according to state news agency Xinhua.

Less than a month after Washington quadrupled duties for Chinese EVs to 100 percent, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.

In March, some 20 EU members asked Brussels to scale back and possibly suspend the EUDR, saying the policy would harm farmers.

An industry association claims textile businesses in several segments are struggling to attract investment.