Ahead of an anticipated bill to amend the 2001 Oil and Gas Law, the upstream regulatory body has urged lawmakers to design a new exploration financing framework.

President Donald Trump signed a bill Wednesday to end the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Republicans and Democrats played a high-stakes blame game.

Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to cleaner fuels and predicting that the world will likely fail to achieve climate goals.

While preliminary BI data indicates consumers' growing confidence in the economy, an economist has pointed out a decline in the ratio of consumption to income suggested cautious optimism.

Prabowo’s 3 million housing program was recently removed from the list of National Strategic Projects (PSN), raising concerns over the continuity of state-backed support.

By early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August.

The longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.

US President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.

The US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.

While the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity.

The national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.  

Bipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.

As the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.

Jakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity.

Following August's cesium-137 contamination incident that disrupted seafood shipments, the government is preparing to renew shrimp exports to the US, which is expected to help meet the $6.25 billion in fisheries export targeted for this year.

The government wants to protect independent corner shops from growing networks like Indomaret and Alfamart, but their owners appear unconcerned about coexisting with large players.

The program includes the construction of 10 patrol vessels, the development of integrated maritime systems and regional monitoring centers, as well as the procurement of drones for aerial surveillance.

Agriculture Minister Andi Amran Sulaiman estimated that the free nutritious meal program would require an additional 700,000 tonnes of eggs and 1.1 million tonnes of chicken meat to meet demand.

National economic growth remained above the 5 percent mark in the third quarter thanks to strong growth in exports.

Indonesia can learn from the experiences of its regional peers in coming up with a localized strategy to achieve its targeted tax ratio of 15 percent by 2029.

The first glimmers toward ending a near-record long federal government shutdown were seen in the US Capitol on Monday, as leading Senate Republicans and Democrats talked of a possible "off-ramp" to the disruption.

Strong shipments of processed goods and higher-value exports helped maintain Indonesia’s trade surplus in September, while global energy prices, including coal prices, weakened.

Food prices rose 6.6 percent in October after a 6.44 percent increase in September.

Factory activity in Indonesia saw a modest improvement in October thanks to rising new orders, purchasing activity and employment, according to a monthly survey published by S&P Global.  

Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.

A warmer climate and changing rainfall patterns have made planning ahead essential, and UK researchers are embarking on a journey of agricultural transformation.

Indonesia’s food export industry has faced a series of contamination cases in recent months, spanning various commodities from shrimp to spices.