A video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.
15 hours agoIndonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking. ...
1 day agoThe government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce. ...
1 day agoThe US economy is healthy enough that interest rates should go from their current zero level to 1 percent by summer, and the first hike could be twice as big as normal, Federal Reserve Governor Christopher Waller said Thursday.
3 years agoThe government is working on a new regulatory framework to enable solar power exports to Singapore after signing an agreement with the city-state to form a working group on the matter.
3 years agoFrom giving free samples to setting up "mums' groups", companies were found to breach the International Code of Marketing of Breast-milk Substitutes.
3 years agoIndonesia’s push for G20 countries to establish a global fund dedicated to health care has drawn positive feedback from other countries and from the WHO.
3 years agoHigh-tech products requires a huge amount of patented technology, and Chinese companies have for years been accused of violating patent terms, unfairly punishing rivals.
3 years agoThe new unemployment benefits (JKP) scheme has been billed by the government as an alternative to early pension payout, but workers say it is an inadequate safety net in times of need.
3 years agoThe President reaffirmed energy transition commitments provided Indonesia received international financial support.
3 years agoBank Indonesia and Bank of Korea have signed a memorandum of understanding (MoU) to strengthen cooperation.
3 years agoRed tape hampers solar panel adoption in Indonesia.
3 years agoWidespread discontent is emerging over the government’s decision to prevent workers from claiming accrued old-age benefits to cover phases of unemployment.
3 years agoThe government has announced a reduction in the mandatory quarantine period from five to three days, starting on March 1.
3 years agoBank Indonesia (BI) is planning to double the transaction limit for the Quick Response Indonesia Standard (QRIS) code to Rp 10 million as it seeks to lure 15 million more merchants.
3 years agoThe fund will help procure raw materials and other items essential for "economic security".
3 years agoThe Bank for International Settlements (BIS) expects more countries to tap into central bank digital currency (CBDC) development.
3 years agoBank Indonesia has kept its benchmark interest rate at 3.5 percent and signaled that a change in its monetary policy stance was unlikely in the first half of the year.
3 years agoThe government plans to continue focusing on downstream industrialization to tap into the archipelago's rich metal reserves as the global energy transition drives up metals demand.
3 years agoMoody’s Analytics expects Bank Indonesia to increase its benchmark interest rate in the second quarter of the year, despite the central bank’s assurance that no such move would happen until inflation picked up.
3 years agoThe Energy and Mineral Resources Ministry and the Cooperatives and Small and Medium Enterprises (SME) Ministry are working together to increase small businesses’ role in pushing electric vehicle (EV) adoption in Indonesia.
3 years agoLast year, Indonesia's GDP contracted by 0.7 percent annually in the first quarter after the government imposed large-scale mobility restrictions (PSBB).
3 years agoUnforeseeable factors, such as the capital city relocation plan and the pandemic, have added to growing doubts over the economic viability of the Jakarta-Bandung high-speed railway link.
3 years agoThe ban came about after incorrect wording in a recently issued circular letter.
3 years agoThe current investment minister will temporarily take over the duties of Arifin Tasrif, who is recovering from COVID-19.
3 years agoThe Financial Services Authority (OJK) says it has barred banks from selling unit-linked insurance from companies engaged in unresolved disputes with customers, as the agency decides on more stringent measures to regulate the industry.
3 years agoIndonesia's cooking oil prices are “too dependent” on international crude palm oil (CPO) prices, a ministry official has said.
3 years agoThe government has reduced the mandatory quarantine period to five from seven days.
3 years agoThe Financial Services Authority (OJK) will tighten rules on investment-linked insurance as the agency seeks to prevent future problems with regard to the products.
3 years agoShinta Kamdani, as chairwoman of the B20 Indonesia 2022 forum, has set the agenda to discuss how the G20 countries can recover together from COVID-19, boost innovation across the globe and build an inclusive and sustainable future.
3 years agoThe domestic market obligation on palm oil is meant to curtail rising cooking oil prices in Indonesia.
3 years agoIn the crowded streets of San Salvador, restaurants, hardware stores, pharmacies and even street vendors are happy to accept payment in the cryptocurrency that has been legal tender since September 2021.
3 years agoHalim Perdanakusuma International Airport in East Jakarta will be closed on Wednesday for up to 3.5 months for renovations, during which all flights will be rerouted, including military aircraft.
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