The 2027 State Budget Law passed Tuesday gives the finance minister authority to conduct examinations and special audits of state revenue collection, which companies worry may hold up tax refunds and hurt their cash flow.  

President Prabowo’s appointment of Bahlil Lahadalia as coordinating downstreaming and energy transition minister as well as Muhammad Sarmuji as the industry minister sparks calls for regulatory reform, policy continuity and an end to fragmented policymaking.

In February, Danantara CEO Rosan Roeslani said that it was common practice for sovereign wealth funds (SWFs), a role Danantara partly fulfills, to hold stakes in global bourses, typically ranging from 15 to 30 percent.  

PRENAGEN reiterates its commitment to creating a safe space and a supporting system for women through their #SiapaTakutJadiIbu campaign, as they introduce Ji Chang-wook as new brand ambassador to ease their worries with a special message.

The US dollar headed for its third straight week of gains on Friday, perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in the face of inflationary fears over higher oil prices.

The RKAB approval process should follow the established fourth-quarter timeline to avoid any delays, which could impact miners' operational readiness, production planning and other related aspects alongside state revenue potential, two industry associations have stressed.

The food price squeeze could persist into next year as El Nino conditions linger into early 2027, raising the risk of weaker agricultural output and further price increases.

Indonesia has seen an uninterrupted streak of monthly trade surpluses from early 2020 until May, when a dramatic surge in oil and gas prices due to conflict in the Middle East caused a $1.6 billion deficit in Indonesia’s trade with the rest of the world.  

The Indonesian Employers Association (Apindo) pointed out issues faced by businesses, such as shifting investment toward capital-intensive industries and the declining capacity of several sectors to absorb jobs.  

The stronger PMI reading, however, contrasts with the latest Industry Confidence Index (IKI) from the Industry Ministry, which showed a slowdown in manufacturing activity expansion in September.

The head of the state-owned battery holding company has urged stronger, more integrated policy support to streamline the nickel battery industry so it could better meet domestic demand and build resilience against foreign imports seeking to enter the local EV market.

The meeting also highlighted the role of the Japan Thematic Fund (JTF), an initiative aimed at strengthening investment and business opportunities between Japan and Southeast Asia, with Indonesia as one of its key markets.

Four small businesses and 25 Democratic-led states argue that the tariffs, applied to imports from 60 trading partners including the EU and China, far exceed the president's authority.

The government aims to revive the textile industry by facilitating financing from local banks for machinery upgrades, while considering tax incentives and establishing a special zone to integrate upstream and downstream production.

The rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing.

Bloomberg has reported that Danantara is looking to set up and staff a representative office in the Chinese special administrative region.

West Java Communication and Information Agency head Adi Komar said the provincial administration supported investment in the data center but stressed that developers must comply with all applicable regulations, particularly given the project's scale.

The global bank has forecast that Indonesia's GDP growth will be sustained at a pace of 5.4 percent in 2026 before slowing slightly to 5.2 percent next year.

The administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems.

The rupiah has again breached a psychological threshold against the United States dollar as fading hope for a swift settlement of the Iran war pushes up global energy prices and inflation in Indonesia, triggering fresh capital outflows from Indonesia.

Indonesia’s large domestic market could justify to set up a local production, while import restrictions and quotas had further prompted some Thai businesses to consider investing locally rather than exporting directly from Thailand.

Indonesians are not steadily abandoning small treats, nor are they rapidly increasing the share of their food budgets devoted to them, but the products competing for that pool are changing faster.

Spending and revenue ​next year were approved at Rp 4.1 quadrillion and ⁠3.4 quadrillion, respectively, representing increases of about ​4 percent and 7 percent from the latest estimates for this ​year's budget.

BPJS Kesehatan president director Prihati Pujowaskito said the agency had collected Rp 118 trillion in premiums as of September, while it had paid Rp 132 trillion in healthcare benefits, leaving a cash flow deficit of around Rp 14 trillion.

Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's offer for a seven-day truce.

United States air safety regulators are delaying certification of the 737 MAX 10 until determining a fresh software glitch poses no safety risk, a top official said Monday.

Leaders of the Indonesian Sugarcane Farmers Association (APTRI) have complained at the House of Representatives that sugar imports would keep prices depressed and put strain on an industry struggling to gain a footing.