The energy minister has touted the competitiveness of Indonesia's avtur prices amid the economic fallout from the Iran war, even after a markup of more than 70 percent due to surging global fuel prices.

State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website.

The government will cover the 11-percent value added tax on domestic flight tickets to offset the impact of the price rise on travelers.

OJK has projected credit in the micro, small and medium enterprises (MSMEs) segment to grow between 7 percent and 9 percent this year, while overall loan growth is expected to reach between 10 and 12 percent. 

US President Donald Trump's tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate – as long as things don't change too drastically.

Indonesia remains heavily dependent on imported naphtha, a key feedstock for plastic resins, with 70 percent of its supply coming from the Middle East.

New research findings presented on Wednesday suggest that private health insurance has been losing out to the national scheme over the last dozen years and may require intervention to avoid stagnation.

The finance ministers of Germany, Italy, Spain, Portugal and Austria pointed to a similar emergency tax in 2022 to address high energy prices.

The government will bear a burden of 350 million rupees from the fre public transit policy, the Pakistani government said.

The US economy posted unexpectedly strong job gains in March, data showed Friday, in a development hailed by US President Donald Trump – but seen with caution by analysts.

The government is preparing a host of measures to buoy the tourism industry as the economic fallout from the Middle East crisis begins impacting air travel via rising fuel costs.

Initially, the government budgeted Rp 381.3 trillion (US$22.5 billion) ​to pay for energy subsidies and also compensate state energy firm Pertamina and utility ​company PLN for their efforts to keep some fuel prices and electricity tariffs at an affordable level.

Inflation in Indonesia has slowed down in March despite surging global oil prices and elevated demand over the Idul Fitri holidays, but analysts warn of rising inflationary pressure as the Iran war drags on.

Precious metals and jewelry recorded the highest annual import growth, followed by mechanical appliances and electrical machinery.

A monthly survey by S&P Global published on Wednesday showed Indonesia’s headline Purchasing Manager’s Index (PMI) slid from 53.8 in February to 50.1 last month.  

The two countries were also expected to advance defense ties, as well as strengthen cooperation in new growth areas such as artificial intelligence and nuclear power.

The government estimates the measures, which enter into force Wednesday and are to be reviewed every two months, would save between Rp 121 trillion and Rp 130 trillion ($7.1-7.6 billion).

Euro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.

The business agreement covers the energy sector with Japan’s INPEX, as well as technology, finance, fertilizer and tourism.

While Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience.

With the dry season forecast to arrive early and last longer due to a potential shift to El Niño, the government is readying several agricultural measures, including AWD to maintain optimal rice production.

While some Asian nations have declared energy emergencies amid the US-Israeli war on Iran, Indonesia has stopped short of following suit, stressing that domestic fuel and liquefied petroleum gas (LPG) supplies are secure.

Countries are working to close the gap between the US and India to extend a global agreement not to impose tariffs on electronic transmissions such as digital downloads and streaming, diplomats said on Saturday.

The ambassador facilitating talks on reforming the World Trade Organization has voiced cautious optimism on progress at a high-level meeting in the Cameroonian capital, where reforming the beleaguered global trade body is at the heart of a four-day ministerial conference.

Drawing from past experience, employees said the WFH policy is cumbersome and stressful, and merely shifts energy consumption from daily commutes to other activities.

The placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.

The suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.