The government’s massive budget cuts to fund the free meals program and shower the sovereign wealth fund with cash has garnered a mixed reception from economists, who say the cuts may be overly drastic but still preferable to issuing more debt.

Bank Indonesia (BI) has kept its key interest rate unchanged and expects just one cut in the US Federal Reserve’s (Fed) benchmark rate this year.

Built by young local developers, the AI model will be cost-effective, Luhut noted, since DeepSeek was open source.

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

Real Estate Indonesia (REI) central board chairman Joko Suranto says a lack of details on the program run by the Public Housing and Settlements Ministry is causing instability in the country’s property market.   

PT Freeport Indonesia president director Tony Wenas says his company is ready to export 1.3 million tonnes of copper concentrate worth an estimated $5 billion this year.

Asian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of US President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.

The challenge for Prabowo’s administration is determining how to transition away from coal without disrupting energy security.

Indonesia imported over 10.47 million tonnes of nickel ore last year. Some 97 percent was procured from the Philippines.

Danantara has the authority to set up joint ventures with any company, National Economic Council (DEN) head Luhut Pandjaitan said on Tuesday.

The State-Owned Enterprises (SOEs) Ministry has transformed PT Indonesia Battery Corporation (IBC) from a project development company into an investment holding company.

According to the senior economy minister, the new policy requiring businesses to park 100 percent of their forex earnings domestically for at least one year aims to curb transfer pricing, while the President said it would boost the country’s forex reserves and ensure that its natural resources benefited the people.

Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.

Shipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.

Agriculture Minister Andi Amran Sulaiman said on Friday that domestic milk production could only cover around 20 percent of national demand, leaving the country to face a 4.9 million tonnes deficit.

The IDX Composite surged 2.9 percent on Monday, driven by gains in banking stocks as investors anticipated dividend announcements from state-owned banks.

Canadian Minister of International Development Ahmed Hussen has conveyed his country’s interest in supporting nuclear energy development in Indonesia.

The fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects without tapping external financing, according to the President, such as renewable energy, advanced manufacturing, downstream industries and food production.

President Prabowo Subianto on Monday signed a regulation requiring exporters of resources other than oil and gas to hold all proceeds locally for at least a year, which he said would add US$80 billion to the country's forex reserves.

The yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand dollars held broadly steady ahead of policy decisions later in the week.

Japan's economic growth slowed sharply in 2024, cabinet office data showed on Monday, although the rate for the fourth quarter beat market expectations thanks to strong exports.

Illegal levies can eat up as much as 30 percent of total production costs, with bribes and extortion money flowing to multiple actors, including civil society organizations (CSOs), according to Transparency International Indonesia (TII).

People's Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have fallen against the dollar, the yuan has remained stable.

The National Food Agency (Bapanas) plans to import 200,000 tonnes of raw sugar to safeguard government stocks and prevent excessive price fluctuations ahead of Ramadan.  

"I would have done them on April 1 [...] But we're going to do it on April 2," Trump says on potential auto tariff.

"The semiconductor industry is highly complex and requires precise specialisation and division of labour. Given that each country has its own unique industrial strengths, there is no need for a single nation to fully control or monopolise all technologies globally."

OpenAI on Friday rejected a US$97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.