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Jakarta Post
Regulations premium

Prabowo’s plan to channel PNM loans through cooperatives raises eyebrows

Experts warn that without the intensive mentoring long associated with microfinance, an area in which the Red and White Cooperatives still lag, the loans risk turning into bad debt.

17 hours ago
Regulations premium

Coretax to be central tax administration system from July: Finance Ministry

The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence. ...

1 day ago
Regulations premium

Govt slashes fuel prices for mid-scale fishermen

To make the scheme financially viable, the government has set a domestic reference price for nonsubsidized diesel at Rp 18,600 per liter, based on average production costs.  ...

1 day ago

The Latest

Regulations premium

Resellers fear, retailers cheer as crackdown roils duty-free import trade

A crackdown on duty-free imports underpinned by new regulations is worrying many who have made a living of loopholes, traveling in and out of the country with goods bought abroad and sold on at home.  

2 years ago
Regulations

US sues Apple in wide-ranging iPhone monopoly case

The lawsuit, also brought by multiple US states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices.

2 years ago
Regulations

Toyota Indonesia demands govt mitigate impacts of VAT hike

A mitigation scheme is needed to protect the national automotive industry from unwanted side effects that may affect the component supply chain, says Toyota Indonesia vice president director Bob Azam.

2 years ago
Regulations premium

Ministry merges seven construction SOEs as consolidation continues

The State-owned Enterprises (SOE) Ministry hopes consolidating seven construction firms into three will put them on a firmer financial footing and make their operations more efficient.

2 years ago
Regulations premium

BI keeps interest rate, Fed projection unchanged

In a widely expected decision, Bank Indonesia has held its benchmark interest rate at 6 percent after weighing macroeconomic conditions and prospects, including its projection of monetary policy by the United States Federal Reserve.

2 years ago
Regulations premium

Charging stations are not missing link for EV adoption, official says

The government believes a lack of affordable car models, rather than insufficient charging infrastructure, is creating a bottleneck to electric vehicle (EV) adoption in Indonesia.

2 years ago
Regulations premium

Lawmakers fail with bid to avoid move to Nusantara

A push by some House of Representatives lawmakers to retain Jakarta as a “legislative capital” and hence avoid having to move to the under-construction capital city in Kalimantan found no favor with the government.

2 years ago
Regulations premium

Govt announces 14 new strategic projects

The government has announced 14 new National Strategic Projects to be funded by private companies, with construction slated to begin this year.

2 years ago
Regulations

Bank of Japan scraps negative interest rate

Japan's central bank on Tuesday scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.

2 years ago
Regulations premium

Bahlil promises continuity of investment policy post-Jokowi

The investment minister has asserted that a government led by presumptive president-elect Prabowo Subianto will stick with the approach of the incumbent administration to attract investment.

2 years ago
Regulations premium

Java Sea, Natuna waters open for sea sand mining, ministry says

The Java Sea, the Makassar Strait and the Natuna-North Natuna waters is estimated to contain a combined potential yield of 17.65 billion cubic meters of sea sand sediments,

2 years ago
Regulations

Boeing tells airlines to check 787 flight deck seat switches

Boeing on Friday told airlines operating 787 Dreamliners to check flight deck switches after a sudden mid-air dive by a LATAM Airlines LTM.SN 787 plane left more than 50 people injured.

2 years ago
Regulations premium

Govt to revise carry-on import restrictions amid online protests

Bowing to the wave of public uproar over the Trade Ministry’s carry-on restrictions, Zulkifli has promised to tweak the newly enacted regulation on imports.

2 years ago
Regulations premium

Freeport contract extension expected to be finalized ‘soon'

A regulatory revision allowing for an extension of PT Freeport Indonesia’s (PTFI) mining permit (IUPK) to 2061 will be finalized soon, the government has announced.

2 years ago
Regulations premium

VAT hike ‘could backfire’, posing threat for state revenue

The plan to quickly generate additional income for the state comes at the wrong time and alternative revenue streams should be considered instead, experts say.  

2 years ago
Regulations

Europe regulator says will take time needed to approve China jet

China is stepping up regulatory pressure to win foreign backing for its new jet, but industry sources have warned the landmark approvals from Western regulators could take years.

2 years ago
Regulations premium

IKN Authority tells 200 residents to leave designated Nusantara areas

The administrative authority of Nusantara has issued a final notice for residents to leave their "illegal" homes in four subdistricts in North Penajam Paser regency, which some are designated to be part of Nusantara's Central Government District.

2 years ago
Regulations

Dutch call for EU to do more for countries worried about green trade rules

The EU's deforestation law will apply from 2025, and the bloc will begin imposing CO2 charges on imported goods from 2026 under its carbon border levy. Both policies have faced criticism from the likes of India, Indonesia and Brazil.

2 years ago
Regulations premium

Govt prepares e-motorcycle battery, safety standards

A lack of security features on electric motorcycles, particularly on models that use swap batteries, has made it easier to steal their batteries. 

2 years ago
Regulations premium

Indonesian fishermen reject WTO clampdown on subsidies

The Indonesian Traditional Fishermen Association (KNTI) has rejected a World Trade Organization push to prohibit subsidies for problematic fishing practices.

2 years ago
Regulations premium

RI to claw back right to tax imported digital goods in 2026

The end of the WTO moratorium on e-commerce tariffs in 2026 paves the way for Indonesia to start levying excises on imported digital goods.

2 years ago
Regulations premium

How a committee plans to make digital giants work with media firms

The newly signed publisher rights regulation tasks a committee with facilitating partnerships between digital platforms, such as Google and Meta, and the press.

2 years ago
Regulations

WTO backs EU in deforestation case against Malaysia

In the WTO's first ruling related to deforestation, a three-person panel voted by two-to-one to reject Malaysia's substantive claims, while accepting its complaints over how the measures had been prepared, published and administered.

2 years ago
Regulations premium

Businesses call on govt to tighten the screws on foreign travel agents

Association blamed those platforms for causing financial losses for local accommodation companies.

2 years ago
Regulations premium

Prabowo wonders whether Indonesia needs to keep its 3% deficit cap

The presumptive president-elect also opined that the government should consider privatizing state-owned enterprises in non-strategic industries like tourism and hospitality.

2 years ago
Regulations premium

Govt begins to roll out import duty relief on electric vehicles

This fiscal policy, which will last until 2025, aims to support the green transition by attracting investment, boosting domestic EV production and accelerating the EV program.

2 years ago
Regulations premium

Mandatory pension programs limit space for private funds

Local pension funds had Rp 1.4 quadrillion (US$89.05 billion) in assets at the end of last year, three-quarters of which came from mandatory pension programs.

2 years ago
Regulations

No plan to increase fuel prices: Jokowi

The decision was announced after the President staged a short cabinet meeting before his departure to Australia for a working visit.

2 years ago
Regulations premium

New rooftop solar rule set to boost industrial, commercial use

A revised ministerial regulation is expected to support industrial and commercial use of rooftop solar panels, but how it is implemented will be crucial in ensuring companies can easily access the electricity generated by the installations.

2 years ago
Regulations

Elon Musk sues OpenAI for abandoning original mission for profit

Musk's lawsuit alleges a breach of contract, saying Altman and co-founder Greg Brockman originally approached him to make an open source, non-profit company, but the startup established in 2015 is now focused on making money.

2 years ago
Page: 36

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