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View all search resultsEurope's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said.
17 hours agoThe House of Representatives has confirmed Destry Damayanti for the Bank Indonesia (BI) governor position for a full five-year term. ...
3 days agoExperts argued that SOE banks still need to assess the commercial viability of the cooperatives and not just rely on the government backstop. ...
4 days agoPLN reports that gas reserves for power plants stand at roughly 12 days of operation (HOP), with coal reserves at 15.9 operating days as of April.
4 months agoExperts warned that turning PNM into a special mission vehicle (SMV) under the Finance Ministry risks duplicating existing institutions without tackling core issues like risk assessment, access and borrower repayment capacity.
4 months agoThe OJK emphasized that the information displayed in the SLIK system does not automatically determine whether a loan or financing application will be approved or rejected, noting that it only serves as a consideration in the credit analysis process.
4 months agoPurbaya says no new procurement will proceed, despite earlier approvals that saw more than 21,000 units already purchased.
4 months agoWhile some filmmakers warn it could burden exhibitors, smaller producers argue that a quota system could give high-quality independent films a fairer shot at reaching audiences.
4 months agoMeanwhile the umrah sector, which is fully operated by private players, continues to see relatively resilient demand even as operators and consumers absorb higher costs.
4 months agoResearchers from the Center for Strategic and International Studies (CSIS) have called on the government to pursue strategic diversification to shield Indonesia from heightened global risk.
4 months agoThe merger of 15 logistics firms into a single SOE is the earliest move and is expected to be completed within a month.
4 months agoA study found that hot, humid lowland climates in cities like Jakarta and Batam leave data centers heavily dependent on energy-hungry mechanical cooling systems that run at high load year-round.
4 months agoThe government says prices of subsidized gasoline and diesel will stay fixed even if global oil prices remain elevated, while airlines will be allowed to lift airfares, but without excessively hurting consumers.
4 months agoCaps on how much fuel motorists may buy per day could be troublesome to enforce on the ground and will not eliminate the fiscal headache of high global oil prices.
4 months agoThe government will not hike fuel prices heading into the new month despite growing pressure on the state budget because of a rapid rise in global oil prices as nations scramble for crude oil amid the United States-Israeli war on Iran.
4 months agoThe 100 GW solar target, which the government plans to deploy through the nationwide Red and White Cooperatives (KMP) program, would require massive investment in photovoltaic farms, storage systems and transmission infrastructure.
4 months agoShifting from fuels to electricity for powering households and transportation is a logical response to Indonesia’s dependence on energy imports amid the Mideast crisis, but experts say the success of electrification hinges on sustained policy support.
5 months agoPreviously, the government revealed plans to cut national production targets from 790 million tonnes last year to around 600 million tonnes this year in an effort to address an oversupply that had weakened coal prices.
5 months agoWorld Trade Organization talks ended deadlocked on Monday as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on customs duties for electronic transmissions like digital downloads, diplomats said.
5 months agoThe government said that ratifying the ART agreement was not on its near-term agenda and that it would contest allegations of unfair trade practices later raised by the US in its Section 301 probe.
5 months agoThe finance minister says the BGN, which manages the free meals program, has come up with a proposal to save over $2 billion by cutting just one day from the weekly distribution schedule.
5 months agoPreviously, Indonesia announced plans to cut output quotas for several minerals this year to help support prices, including reducing the coal production quota from 790 million tons last year to 600 million metric tons.
5 months agoDespite opportunities to align its critical mineral supply chains with Western countries, experts urge Jakarta to safeguard its reputation as a reliable partner by upholding agreements with existing investors, many of whom are Chinese firms.
5 months agoOnly 8.8 million tax returns had been filed for the 2025 tax year by March 24, out of a target of 15 million submissions, covering both individual and corporate taxpayers.
5 months agoGas utilization in the first quarter stood at 70-72 percent, below its 80 percent target and slightly lower than the 73 percent recorded in 2025, industry players said.
5 months agoAnalysts noted that some of Danantara’s investments over the past 12 months have potential, but others are less promising, with many still at the planning stage.
5 months agoCoordinating Economy Minister Airlangga Hartarto also recommended that the private sector enforce the rule, which aims to reduce energy consumption amid global market volatility.
5 months agoAs a result of the war between Iran and the US and Israel, global crude oil prices have increased to above US$100 per barrel, far exceeding the $70 per barrel assumption in the 2026 state budget, which may result in higher energy subsidies.
5 months agoSome online travel agents have stepped in line with the government's calls for clearer information on ticket availability and transit flights, especially those with overseas layovers, to help mudik travelers reach their holiday destinations.
5 months agoThe government is focusing on gathering data and evidence for its rebuttal strategy against the USTR's new Section 301 probes into unfair trade practices, which are racing toward a July deadline, when Washington's latest 10 percent tariff expires.
5 months agoBank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.
5 months agoAnalysts warned that many potential beneficiaries of subsidized housing programs work in the informal sector, with little job and income stability.
5 months agoThe government says this year’s fiscal deficit may temporarily exceed the legal limit for the sake of maintaining economic growth should oil prices remain elevated for a prolonged period as the US-Israeli war on Iran rages on.
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