National strategic project: Chimneys stand tall at the newly constructed gas processing plants operated by Chandra Asri in the industrial city of Cilegon in Banten, West Java. The plants produce methyl tert-butyl ether (MTBE) and butene1.

Kadin moves to address extortion issues by regional branch in Cilegon

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.

1 day ago

Regulations premium

Outsourcing ban won’t fix job market, employers say

Indonesia’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. ...

2 days ago

Regulations premium

Govt considers restricting cassava, tapioca imports

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce. ...

2 days ago

The Latest

Tourism and Creative Economy Minister Sandiaga Uno (left) and Riau Islands Governor Anshar Ahmad attend a meeting in Bintan, Riau Islands, on Jan. 21, 2022.

Regulations premium

Indonesia opens travel bubble for Singaporeans

Fully vaccinated Singaporeans can once again enter Indonesia without quarantine, but only Batam and Bintan in Riau Islands, for now.

3 years ago

The Financial Service Authority (OJK) chairman Wimboh Santoso gives a speech at the Indonesia Stock Exchange (IDX) opening ceremony in Jakarta on Jan. 3.

Regulations premium

OJK launches green finance taxonomy

The taxonomy helps financiers decide how environmentally damaging a business' operations are.

3 years ago

An employee counts US dollar banknotes at a money changer in Jakarta in this undated photo.

Regulations premium

OJK urges banks to speed up provisioning, consolidation

The Financial Services Authority (OJK) has urged banks to brace for reduced stimulus spending at home and abroad, which could disrupt and create risks in the financial sector.

3 years ago

Authorities say 5G networks pose no risk to aviation in Indonesia.

Regulations

5G will not disrupt aviation in Indonesia: Ministry

Authorities explained that the buffer between frequencies used for domestic 5G services and for aircraft equipment was wider than in the US.

3 years ago

A worker moves palm oil fresh fruit bunches (FFB) aboard a truck at a plantation in Central Kalimantan on Dec. 19, 2015.

Regulations premium

Indonesia to tighten CPO export rules temporarily

Exporters need to show proof of selling CPO domestically each time they apply for permits over the next six months, starting Jan. 24.

3 years ago

Indonesian Trade Minister Muhammad Lutfi (right) shakes hands with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi on the IUAE CEPA trade deal in Bogor, West Java, on Sept. 3, 2021.

Regulations premium

Govt hopes to conclude trade deals with EU, UAE this year

The deals are expected to help Indonesia diversify export markets.

3 years ago

Nikolai Kunz pumps biodiesel into his car at Dogpatch Biofuels on March 22, 2013 in California, US. California is one of the nation's leaders in venture capital funding for green technology, green tech patents and the growth in clean power generation, resulting in reduced greenhouse gas emissions despite a growth in population.

Regulations premium

Indonesia to conduct B40 road test in February

The government will soon conduct a B40 biodiesel road test as it pushes ahead with its plan to use more palm oil-derived fuel in transportation.

3 years ago

Two men fish at a pond filled with plastic waste at a village in Lhokseumawe, Aceh, on Sept. 29, 2021.

Regulations

Big brands call for global pact to cut plastic production

International brands including Coca Cola and PepsiCo called on Monday for a global pact to combat plastic pollution that includes cuts in plastic production, a key growth area for the oil industry.

3 years ago

Heavy equipment is used to move coal at the Kertapati coal terminal belonging to state-owned PT Bukit Asam in Palembang, South Sumatra, in this undated photograph.

Regulations premium

Govt to use carrot, stick in coal DMO policy

Indonesia will lift the coal export ban for mining companies that have met their domestic market obligations (DMOs) to ensure supplies for state electricity company PLN.

3 years ago

Vehicles pass by the Indian President's house as dust covers the skyline in New Delhi, India, on June 11, 2019.

Regulations

Britain and India to formally launch trade talks

Britain has made a deal with India one of its post-Brexit priorities as, free from the European Union's common trade policy, ministers look to gear trade policy towards faster-growing economies around the Indo-Pacific region.

3 years ago

Domestic use only: Heavy equipment is used to stockpile coal at the Kertapati coal terminal belonging to state-owned company PT Bukit Asam in Palembang, South Sumatra, on Tuesday. The government has imposed a one-month coal export ban starting on Jan. 1.

Regulations premium

Indonesia gradually lifts coal export ban

The government started easing restrictions by allowing 14 coal-loaded vessels bound for exports to set sail on Tuesday.

3 years ago

The Tayan bauxite mine in Sanggau, West Kalimantan, operated by state-owned metal miner PT Aneka Tambang (Antam).

Regulations premium

Jokowi wants to speed up bauxite export ban

The move is expected to spur commodity downstreaming in industrializing Indonesia.

3 years ago

Coal is unloaded from a barge at the Suralaya coal power plant in Cilegon, Banten, on Sept. 22 last year. The government banned coal exports starting Jan. 1 this year to address fuel shortages in 20 power plants.

Regulations

Philippines urges Indonesia to lift coal export ban as talks proceed

Pressure is building both at home and abroad for Indonesia to lift the ban.

3 years ago

Virtual summit: Leaders of ASEAN and its strategic partners are seen on a screen as they attend the fourth Regional Comprehensive Economic Partnership Summit as part of the 37th ASEAN Summit held online from Hanoi on Nov. 15, 2021.

Regulations premium

House stalls passing RCEP over protectionist concerns

Indonesia is the only country that has yet to ratify the Regional Comprehensive Economic Partnership (RCEP), as lawmakers remain concerned that the agreement could be harmful to the domestic economy.

3 years ago

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan speaks at the Army Staff and Command College (Seskoad) in Bandung, West Java, on Nov. 18, 2021.

Regulations premium

PLN’s coal shortage over, ministers say

The domestic supply shortage cited as the reason for the export ban has been resolved, according to government officials.

3 years ago

Precious asset: A forest area near Mount Meratus in South Kalimantan is seen from Hinas Kanan village in this undated photo.

Regulations premium

Jokowi revokes thousands of land permits for mining, forestry, plantation

The government has revoked 2,078 permits for mining, 192 for forestry and 36 for plantations as it seeks to overhaul permit governance.

3 years ago

This photo taken on September 21, 2021 shows village houses as smoke rises from the chimneys at the Suralaya coal power plant in Cilegon, West Java.

Regulations premium

Coal trade in disarray as export ban review delayed

Indonesian authorities postponed a meeting with coal mining companies on Wednesday, leading to disarray on markets as coal miners consider declaring force majeure and scores of ships are moored off the coast.

3 years ago

Coal barges queue to be pulled along Mahakam River in Samarinda, East Kalimantan, on Aug. 31, 2019.

Regulations

Japan urges Indonesia to end coal export ban

China, Japan, South Korea and India are among the biggest markets for Indonesian coal.

3 years ago

A street food vendor uses used cooking oil to fry fish in Jakarta on Oct. 30, 2018.

Regulations premium

Govt to provide cooking oil at Rp 14,000 per liter

The government will set aside Rp 3.6 trillion to provide 1.2 billion liters of cooking oil at Rp 14,000 per liter, lower than the current market price.

3 years ago

A cellphone tower, used for a 5G network, is seen on a street in Beijing, China, on Sept. 24, 2020.

Regulations

Do 5G telecoms pose a threat to airline safety?

Verizon Communications and AT&T agreed on Monday to a two-week delay in using newly acquired wireless spectrum, drawing back from a standoff that threatened to disrupt flights.

3 years ago

A gas station worker serves customers in the West Papua city of Bintuni in April 2019.

Regulations premium

New rules to delay phaseout of subsidized gasoline: Experts

President Joko “Jokowi” Widodo has issued a regulation that experts say will prolong the use of Premium-branded gasoline rather than help the country ditch its dirtiest type of fuel.

3 years ago

Then-CEO of Bukalapak, Rachmat Kaimuddin, delivers a speech at the company's initial public offering (IPO) on Aug. 6, 2021.

Regulations premium

Ex-Bukalapak CEO Rachmat to serve as Luhut advisor

Rachmat Kaimuddin, after stepping down as Bukalapak CEO, is to serve as special advisor to Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan on technology and sustainable development.

3 years ago

The Financial Services Authority (OJK) selection committee headed by Finance Minister Sri Mulyani Indrawati (center, wearing red batik) poses for a photo at the Finance Ministry on Dec. 31, 2021.

Regulations premium

Ombudsman warns of conflict of interest in OJK selection committee

The Indonesian Ombudsman says some members of the selection committee for Financial Services Authority (OJK) positions came from entities under OJK supervision.

3 years ago

Despite a value added tax (VAT) cut in place since March, the housing industry has yet to recover.

Regulations premium

Govt extends VAT cut on new homes but reduces amount

The government has extended through June next year an incentive for property purchases to spur the construction industry but is undecided on a continued tax cut for car purchases.

3 years ago

Grounded Boeing 737 MAX aircraft are seen parked at Grant County International Airport in Washington, the United States.

Regulations premium

Transport ministry lifts ban on Boeing MAX 8 aircraft

The decision ends a 33-month ban on flying the plane in Indonesian airspace.

3 years ago

US President Joe Biden signs the “Accelerating Access to Critical Therapies for ALS Act" in the White House in Washington, DC on Dec 23, the same day he signed the Uyghur Forced Labor Prevention Act.

Regulations

US bans Xinjiang imports, forcing firms to navigate sticky diplomacy

The Uyghur Forced Labor Prevention Act signed Thursday focuses on three products: cotton, tomatoes and polysilicon.

3 years ago

Fish are auctioned on Nov. 19, 2018 at the Pasie Nan Tigo fish market in Padang, West Sumatra.

Regulations

Kadin calls for local protection under 2022 fishing policy

The nation's trade board has urged the government to protect local businesses by requiring foreign-local partnerships in the upcoming fishing licensing scheme.

3 years ago

Solar panels are installed on land controlled by Pertamina near the oil and gas company’s refinery in Cilacap, Central Java, in this undated photograph.

Regulations premium

Greater political will critical for progress on renewable energy: Experts

An uncertain investment climate and a lack of political commitment might hamper clean energy development in Indonesia next year, a think tank warns.

3 years ago

A man studies a flight information board at Soekarno-Hatta International Airport in Tangerang, Banten, on Dec. 19, 2021.

Regulations premium

Indonesia restricts entry for foreigners, extends quarantine

Foreigners arriving from Denmark, Norway and the United Kingdom may no longer enter Indonesia, while people arriving from any country could soon face longer quarantine.

3 years ago

The Bugey nuclear power plant in Saint-Vulbas, France, is shown in this file photo taken on April 8, 2016. France is among the EU member countries defending the role of nuclear in the region's energy transition.

Regulations

EU plans to finish green investment rules for gas, nuclear next year

The bloc is considering whether to include nuclear and natural gas in its "sustainable finance taxonomy", a rulebook that will restrict which activities can be labelled as climate-friendly investments.

3 years ago

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