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The 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.
6 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. ...
6 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. ...
6 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.
6 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.
6 days agoOn March 12, Finance Minister Purbaya Yudhi Sadewa said the state budget could reap windfall revenue from rising coal and CPO prices.
6 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.
1 week 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.
1 week 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.
1 week 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.
1 week agoIndonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.
1 week 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.
1 week 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.
1 week agoThe Philippines is also keeping the option of increasing its coal imports from top supplier Indonesia in an effort to reduce electricity rate hikes.
1 week agoAnalysts noted that some of Danantara’s investments over the past 12 months have potential, but others are less promising, with many still at the planning stage.
1 week agoEvidence shows that Indigenous, community-based mitigation systems are effective in saving lives during disasters. Therefore, legal recognition of Indigenous communities and customary forests is an urgent priority, alongside efforts to strengthen local knowledge systems and ensure their sustainability.
1 week agoThe firm said the move aims to access offshore capital while ramping up production at its flagship Pani gold mine in Pohuwato, Gorontalo.
1 week agoRail transport carried the largest share of passengers at 3.3 million, rising 13.46 percent year-on-year.
1 week agoSpending during Ramadan this year marked an overall shift in composition as consumers moved away from leisure toward necessities, giving policymakers clues as to how best to realign seasonal measures.
1 week agoMarkets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing productive talks with unidentified Iranian officials, which Tehran has denied.
1 week agoPresident Prabowo Subianto has declared that Indonesia’s aggressive push for food and energy self-reliance is not rooted in ideology but in "common sense", as it is required to survive a volatile global landscape.
1 week agoCoordinating Economy Minister Airlangga Hartarto also recommended that the private sector enforce the rule, which aims to reduce energy consumption amid global market volatility.
1 week agoThe International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.
1 week agoFreeport to restart Grasberg Block Cave output within weeks, targeting a gradual ramp-up.
1 week agoIran said on Sunday it would strike the energy and water systems of its Gulf neighbors if US President Donald Trump followed through with a threat to hit Iran's electricity grid in 48 hours.
1 week agoDespite global headwinds, the finance minister expects economic resilience, buoyed by spending over and beyond Idul Fitri, will help achieve 5.5-5.7 percent growth in the first quarter.
1 week agoChinese Premier Li Qiang pledged on Sunday to further open up the economy and fully implement national treatment for foreign enterprises, as the country seeks to reassure the outside world amid rising global trade tensions.
1 week agoOpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.
1 week agoThe waiver will bring some 140 million barrels of oil to global markets and help relieve pressure on energy supply, United States Treasury Secretary Scott Bessent posted on X.
1 week agoIndonesia has turned into a net importer of crude oil and fuels since early 2000s as output declined while demand kept rising, leaving Southeast Asia’s largest economy vulnerable to global price shocks.
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