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Shifting 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.
7 hours 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. ...
11 hours agoWith 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. ...
12 hours agoJapan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate, as policymakers grow increasingly concerned about inflationary pressures from the Middle East war.
12 hours 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.
18 hours agoWhile 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.
1 day agoThe Indonesian Fintech Association (AFPI) has expressed disappointment over the ruling, saying that the maximum economic benefit set by its members was determined under a directive from the Financial Services Authority (OJK).
1 day agoCountries 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.
1 day agoThe 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.
2 days agoDrawing from past experience, employees said the WFH policy is cumbersome and stressful, and merely shifts energy consumption from daily commutes to other activities.
3 days ago"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.
3 days agoThe takeover plan aims to place the state-owned microfinance firm under the Finance Ministry for channeling the government's KUR microcredit facility.
3 days agoIndonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.
3 days 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.
4 days agoThe placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.
4 days agoThe Indonesian National Air Carriers Association (INACA) stated that airlines in other regions have already adjusted fuel surcharges, with increases ranging from 5 percent to 70 percent.
4 days 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.
4 days agoThe 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.
4 days 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.
4 days agoFears of an inflationary aftershock from soaring energy prices have pushed traders to price out any chance of a Federal Reserve rate cut this year, lifting the dollar.
4 days agoFor international students and graduates finding employment in other countries, it is common to be met with hurdles that are accumulated based on unwritten rules and cultural differences of each country, which may tip the scales toward native workers.
4 days agoOn March 12, Finance Minister Purbaya Yudhi Sadewa said the state budget could reap windfall revenue from rising coal and CPO prices.
4 days 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 days 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 days agoFollowing the Nyepi-Lebaran long holiday, the bourse resumed trading on March 25 with a positive tone that was mirrored by regional markets on investor sentiment buoyed by reports that Washington was exploring diplomatic channels for de-escalation with Tehran.
5 days 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 days agoIndonesia will require platforms to deactivate "high risk" social media accounts for under 16s, according to a ministerial regulation issued earlier this month.
5 days agoThe inaugural event, to be held on May 12 at The Langham, Jakarta, is arranged to reflect Indonesia’s unique tourism realities while addressing the evolving demands of travelers, brands and capital.
5 days agoStock markets in Tokyo and Seoul spiked by more than three percent at one point, while those in Hong Kong, Sydney, Shanghai, Singapore, Wellington and Taipei also rallied.
5 days agoThe Philippines is also keeping the option of increasing its coal imports from top supplier Indonesia in an effort to reduce electricity rate hikes.
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