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View all search resultsThe government’s work-from-home policy introduced to minimize subsidized fuel usage amid skyrocketing oil prices has substantially reduced nationwide consumption.
3 days agoFitch Ratings, among two rating agencies that cut Indonesia's credit rating outlook this year, has cited potential changes to the fiscal and debt limits in state finance laws as factors in their outlook revisions. ...
4 days agoAccording to the Tourism Ministry, of 470,000 accommodations listed on nine online travel agents platforms, only around 31,000 accommodations are listed with a verified business registration number (NIB). ...
4 days agoThe Public Service Obligation (PSO) subsidy for MRT Jakarta in the 2026 regional budget (APBD), which had been cut to Rp 536.7 billion (US$32.11 million), is to be increased to approximately Rp 700 billion, according to MRT president director Tuhiyat.
4 months agoFailure to meet those commitments allows the government to draw down bank guarantees posted by the companies as penalties.
4 months agoPT North Sumatra Hydro Energy (NSHE), which runs the Batangtoru hydropower facility, is among the 28 firms whose permits were revoked after the floods. The company is controlled by China's state-run SDIC Power Holdings Co. Ltd.
4 months agoAs private fuel retailers began seeing their annual stocks run low last August, the government refused to issue additional quotas and instead urged them to buy imported base fuel from Pertamina.
4 months agoThe Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.
4 months agoBeef prices in Indonesia usually climb ahead of Idul Fitri, which is expected to fall on March 21 this year, as seasonal demand rises during Ramadan and the festive period.
4 months agoE-commerce sellers say restrictions on platform fees under a planned new regulation would help them manage pricing more efficiently.
4 months agoIf approved by state electricity monopoly PLN, the total quota for 2026 would rise to around 1,400 MW.
4 months agoFinance Minister Purbaya Yudhi Sadewa estimated that formalizing illegal cigarette production could generate additional trillions of rupiah (more than US$59 million) for the state coffers.
4 months agoProfessionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.
4 months agoRoughly 95 percent of the country’s consumption is currently met through imports.
4 months agoA state-owned textile enterprise is to tackle industrywide problems, including rehiring tens of thousands of workers laid off after the Sritex bankruptcy.
4 months agoThe government has earmarked US$125 million for the development of a domestic chip design industry, with Coordinating Economy Minister Airlangga Hartarto citing a partnership with United Kingdom-based Arm Holdings.
4 months agoDeputy finance minister Thomas "Tommy" Djiwandono, who is also a nephew of President Prabowo Subianto, has been lined up to become a deputy governor of Bank Indonesia (BI), raising questions about the central bank’s independence.
4 months agoTransmigration Minister M Iftitah Sulaiman Suryanagara has welcomed proposals from local governments to develop 60 transmigration areas in their respective regions.
4 months agoThomas Djiwandono, a deputy finance minister who is a former businessman, is reportedly set to face a fit-and-proper test by parliament for the new job.
4 months agoAn aggressive biodiesel push could pile pressure on energy subsidies in the state budget due to fluctuations in palm oil prices and squeeze already limited feedstock supplies that are also crucial for other industries.
4 months agoThe West Java administration plans to give its stake in Kertajati International Airport in Majalengka to the central government and in return get a stake in Husein Sastranegara Airport in Bandung.
4 months agoIndustry associations are concerned about a drastic cut to this year's beef import quota for private companies, warning of potential layoffs, stymied domestic competition and negative impacts on the market and consumers.
4 months agoInitially introduced to address rising medical costs over time, the co-payment scheme allowed insurers and policyholders to jointly bear medical expenses.
4 months agoUS President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10 percent starting on January 20 but he did not provide details on how his plan will come to fruition or how he planned to make companies comply.
4 months agoThe government has unveiled plans for Bulog to build 100 post-harvest facilities, backed by Rp 5 trillion in state capital injections, aiming to ease chronic storage bottlenecks that have long limited the absorption of farmers’ harvests.
4 months agoEnergy and Mineral Resources Minister Bahlil Lahadalia said this year’s coal production quota would be set at around 600 million tonnes, pending a final review by the ministry’s director general.
4 months agoThe national quarantine body has banned all imports of Spanish pork and pork products following a confirmed ASF outbreak in the European country, in a measure that aims to protect the domestic pig farming industry as well as native wild boars from the highly virulent and fatal swine disease.
4 months agoAuthorities seized more than 4.1 million hectares of land last year, arguing it was being illegally operated in forest areas by both large palm oil companies and smallholder farmers.
4 months agoExperts warned that the new body could overlap with the Housing and Settlements Ministry and BP Tapera, bloating the housing program with layers of bureaucracy.
4 months agoThe measure is regulated under Finance Ministry Regulation No. 98/2025, signed by Finance Minister Purbaya Yudhi Sadewa on Dec. 22, with the tariffs set to take effect this Saturday.
4 months agoWhile temporary permits have provided short-term relief, experts warn that a growing backlog could undermine investment certainty and the sector’s long-term stability.
4 months agoFollowing last year’s fuel snafu, the government has decided to increase this year's import quotas for private retailers, but has not publicly announced by how much.
4 months agoTax relief is provided for employees working in five business sectors: footwear, textiles and apparel, furniture, leather and leather goods, as well as tourism.
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