Indonesia’s state revenue dropped sharply in the first two months of 2025, and signs point to the haphazard implementation of a new taxation system as a contributing factor.

Yuliot said that plastic waste will be processed using pyrolysis technology to produce fuel oil. Meanwhile, organic waste will be used to produce bioenergy “in the form of either biogas or biomass.”

The government plans to use the new sovereign wealth fund to help finance up to 100 aircraft to expand the fleet of the national airline, which has navigated a path of financial turbulence over the past decade or so, alongside a potential aim to strengthen the country's aviation industry.

The OJK is cooking up a new set of rules in an effort to curb the growing phenomenon of "finfluencers" and protect consumers from potential losses through unlicensed financial advice on social media.

Uncertainty sparked by constant White House pivots on tariffs has potentially delayed business investments and prompted consumers to pull back on spending, said Paul Gruenwald, global chief economist at S&P Global Ratings.  

Indonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.

The October-February deficit, which included nearly four months until January 20 under former president Joe Biden, topped the previous record $1.047 trillion from October 2020 to February 2021 - a period marked by high COVID-19 relief spending and pandemic-constrained revenues.

Agriculture Minister Amran Sulaiman seeks to avert a massive reduction in his ministry’s funding, arguing that the measure would jeopardize the government’s efforts to achieve self-sufficiency in food production.

The influencer business has been tarnished by a recent case that has gone viral in which an actress and her assistant reportedly extorted a skincare business owner to the tune of Rp 4 billion.

Despite maintaining the credit rating at the same high level since 2017, credit agency Fitch Ratings warned that a substantial increase in fiscal deficits could trigger a downgrade.

Thailand International Auto Parts and Accessories Show 2025 (TAPA 2025), a premier trade show presenting new products and innovations in the auto parts and accessories industry is set to take place from April 3-5, 2025 in Bangkok. For more than two decades, the event has brought together leaders in the auto parts, accessories and related services industries from Thailand and around the world, thus becoming known as the world auto parts sourcing hub.

The firm aims to boost oil and gas production to 416,000 barrels per day (bpd) and 2,536 million standard cubic feet per day (mmscfd) in 2025, respectively, from 400,000 bpd and 2,454 mmscfd recorded last year.

Indonesian consumers have shown less optimism in the first two months of 2025 as they become increasingly concerned about employment prospects alongside a general tail off in expectations.

India's largest telecom operator will stock Starlink equipment in its retail stores, giving Starlink a direct distribution point in thousands of such outlets across the country.

The government is looking to hike royalties on several mining products by varying amounts based on the contract types and prices.

The country’s newest sovereign wealth fund will prioritize the use of natural gas to support the country’s downstream industries and as a transition energy on the way toward cleaner power, according to the energy ministry.

Two major South Korean steelmakers are considering their investment options in new facilities as major producers worldwide brace for increased tariffs on US steel and aluminum imports that came into force on Wednesday.

LG Electronics Indonesia (LG) excels in producing stylish and innovative refrigerators as evidenced by its exclusive and premium refrigerator models introduced to mark the start of 2025.

The euphoria that Donald Trump's election triggered for financial markets seems to be a thing of the past as investors now fret over the prospect of the president's trade wars sparking a US recession.

Hence, prioritizing downstreaming and industrialization can enable Indonesia to take full advantage of its resources and boost economic growth. This strategy, however, will require substantial investment in infrastructure, technology, human resources and a supportive policy environment.

The government plans to utilize 221,000 hectares of confiscated oil palm plantations, much of it protected forest land, to continue planting oil palm as part of its effort to achieve energy security.

Minister Rosan Roeslani also said VinFast's factory in West Java province would start operations next year, with a production capacity of 50,000 units a year. The company broke ground on the US$200 million EV assembly plant last year.

The government has pegged the investment needed at Rp 802.56 trillion (US$50.5 billion) to ramp up processing across 11 key crops, Agriculture Minister Amran Sulaiman said on Monday.

Previously, the government mulled introducing a rule that would require ride-hailing companies to provide holiday allowances for their partners similar to those of formal workers, but in early March it toned down the plan into a simple bonus.

Asian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent US economic growth and lead to a recession, sending skittish investors to the safe-haven Japanese yen.

The arrival of these carriers is expected to help bridge the gap between the country’s current operating fleet of 410 aircraft and the ideal 750 needed to meet growing demand.

Several new EV manufacturers have entered the Indonesian market in 2025, seeking refuge from cutthroat competition on their home turf.