The AFMGM event also saw the inclusion of Vietnam into a pact on regional payment integration.

Japan exported about $600 million worth of aquatic products to China in 2022, making it the biggest market for Japanese exports, with Hong Kong second.

The government is set to launch a new regulation on carbon capture and storage (CCS) by year-end in an effort to expedite investment on the technology and bring down emissions from hard-to-abate industries.

Indonesia may lack the necessary funding to complete the energy transition, putting the country at risk of missing its emission reduction targets, especially those of the next seven years.

At its latest monthly monetary meeting, which ended on Thursday, Bank Indonesia (BI) decided to keep its benchmark interest rate unchanged for the seventh consecutive month because of global uncertainties.

In 2016, India imposed a 20 percent tax on sugar exports to curb overseas sales.

Negotiations between Australia and the 450-million-person bloc stalled in July, partly over the issue of greater market access for Australian farm products like beef.

Newly built captive power plants fueled with coal may be a stumbling block for Indonesia’s effort to cap power sector carbon emissions and get international financial support for its energy transition.

The adjustment, which was also implemented during the pandemic, could cause slower economic growth and lower productivity, according to private businesses.

The Indonesian government has signed four mutual recognition agreements (MRAs) to harmonize ASEAN member countries’ standards and practices in food safety, building and construction materials as well as the manufacture of medicinal products.

China's central bank on Monday cut a key interest rate in an attempt to counter the post-COVID growth slowdown in the world's second-largest economy.

Workers at a local supplier for global sportswear brand Adidas claim their employment rights are routinely breached, raising concerns about an industry long accused of poor labor conditions.  

Earlier this week, Indonesia requested the WTO examine the EU's imposition of duties on biodiesel imports from Indonesia.

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) says there is no government plan to raise upstream gas prices and supplies are sufficient to meet demand.

The EU is Indonesia's third-largest destination for palm oil products and an important market for its biodiesel, which is made from palm oil. Indonesia is the world's biggest palm oil producer.

Though the JETP Secretariat has delayed its launch of the key CIPP blueprint that was expected on Wednesday, an expert says the move will provide more time to develop a more comprehensive plan for accessing the funds and getting the scheme underway.

The Korea Fair Trade Commission (KFTC) said that the three South Korean teleco firms, including SK Telecom, KT Corp and LG Uplus Corp, had exaggerated their 5G network speeds and unfairly advertised that they were the fastest relative to their competitors.

Finance Minister Sri Mulyani Indrawati told a press briefing on Wednesday that a little over Rp 40 billion of the 2024 state budget would be allocated to developing the nation's new capital, with 86.2 percent of that fund going toward building vital infrastructure, including government housing.

In an effort to strike a balance between real cost and consumer purchasing power, the government has decided to subsidize the Jakarta-Bandung high speed railway (KCJB), a decision that experts question given the railway's upper middle class target market. 

President Vladimir Putin's economic adviser Maxim Oreshkin on Monday rebuked the central bank, blaming what he called its soft monetary policy for weakening the rouble.

Following recent criticism, the government has argued in defense of its policy to boost investment in the nickel processing industry, saying it had paid off for the country with a significant rise in tax and export revenues.

The government has suspended nickel mining in the Mandiodo Block amid the AGO's ongoing investigation into corruption related to mining operation permits.

President Joko “Jokowi” Widodo’s plan to ban quartz sand or silica sand exports could jump-start rooftop solar panel manufacturing in Indonesia, business representatives say.

The government has been easing regulations on home ownership since 2021, aiming to attract more foreigners to buy properties in the country, but the effort has produced few results because of regulatory misalignment and a lack of supply.

Indonesia is prioritizing safety ahead of the planned commercial launch of its China-funded $7.3 billion high-speed railway, its transport minister said on Friday - addressing concerns about a project already years behind schedule.

Multiple ministries have warned construction state-owned enterprises (SOEs) not to pay off their debt using state-budget funds earmarked for government-funded projects.

Foreign Minister Retno L.P. Marsudi says Indonesia's bid to join the Organisation for Economic Co-operation and Development (OECD) has garnered strong support from existing member countries and will be discussed at an OECD council meeting in September.

While the market mostly shrugged off President Joe Biden's move to prohibit some US technology investments in China, US investors said they were worried Beijing would retaliate or pull back from buying American technology.

Experts cast doubt on the efficacy of planned new e-commerce regulations that are meant to limit foreign products on online trading platforms in hopes of protecting small local businesses. 

The order lays out plans to regulate investments in certain "countries of concern," with a separate annex naming China, Hong Kong and Macau as initial targets.