Trump's newly announced "world tariff" plan for rates between 15 and 20 percent has left the government in a state of agitated ambiguity, especially following the comprehensive concessions Indonesia has made to secure a 19 percent tariff via the recently agreed framework trade deal with the US.

Three new suspects have been detained as part of the South Jakarta DAO's expanding probe into the graft scandal involving TaniHub that has been linked to SOE venture funds, underscoring the broader issues of transparency and accountability in the start-up landscape.

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

Paramadina University rector Didik Rachbini praised Kwik as a courageous intellectual who upheld economic integrity and “played a major role in applying checks and balances to national policy.”

The Industry Ministry plans to revise local content requirements (TKDN) following the recent trade agreement reached with the United States, in which Indonesia has agreed to remove TKDN requirements for US firms.

According to QRIS transaction data from Bank Mandiri, the Rojali-Rohana phenomenon is evident and reflects changing spending patterns within mall ecosystems.

Trump told reporters his administration will notify some 200 countries soon of their new "world tariff" rate.

The Communications and Digital Ministry is set to use the report as the foundation for the national AI road map, which is slated to be unveiled for public discussion in August.

Foreign direct investment (FDI) has declined sharply, but the overall investment figure continued to rise in the second quarter (Q2) as domestic businesses picked up the slack.

The euro struggled to recoup its steep losses on Tuesday as investors sobered up to the fact that terms of the trade deal between the US and the European Union favored the former and hardly lifted the economic outlook of the bloc.

Indonesia’s cocoa industry is in dire need of rejuvenation and replanting to take advantage of a global supply dearth keeping prices at a new, elevated equilibrium.

The government will no longer offer electricity subsidies or wage subsidies for low-income workers in the new subsidy package.

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is ramping up efforts to boost national oil and gas output, with 15 projects targeted to come onstream in 2025. As of the end of July, four of those projects have begun production.

France called a framework trade deal between the United States and European Union a "dark day" for Europe, saying the bloc had caved in to US President Donald Trump with an unbalanced deal that slaps a headline 15 percent tariff on EU goods while sparing US imports from any immediate European retaliation.

The deal represents about 7.6 percent of Samsung's projected annual sales for 2024, the company said.

In a bid to accelerate absorption and address the national backlog, the housing ministry has proposed setting up a Bulog-like agency to purchase completed homes from developers for reselling to the market under the government's "3 million homes" program.

Since its founding nearly five centuries ago, Jakarta has always been a melting pot of cultures and communities, each bringing a touch of heritage as they settle into the sprawling megapolitan they now call home.

Top US and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the center of a trade war between the world's top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay.

CK Hutchison said on Monday it was in talks with a consortium pursuing its US$22.8 billion ports business to add a Chinese "major strategic investor" to the bid, after Beijing flagged a probe into the deal amid heightened Sino-US tension.

The United States and European Union on Sunday clinched what President Donald Trump described as the "biggest-ever" deal to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war.

A US solar industry alliance has filed a trade petition to counter the influx of cheaper, foreign-made solar panels, including from China and Southeast Asian countries, but Indonesian manufacturers are as yet unbothered by the potential for extra tariffs.

The government plans to use the simplified categories "special" and "regular", with Bappenas to set the standard price for the latter, to combat the illicit practice of blending different grades of rice for selling at premium prices, which the President has condemned as a brazen "criminal act".

Australia's Prime Minister Anthony Albanese said on Sunday that a decision to ease rules on US beef imports was not prompted by US President Donald Trump.

EU chief Ursula von der Leyen and US President Donald Trump said Friday they would meet in Scotland this weekend in a decisive push to resolve a months-long transatlantic trade standoff.

While acknowledging the inherent trust demonstrated by foreign banks in committing to such a large amount, and without collateral at that, economists have questioned the urgency of the move and cautioned about potential risks such as mismanagement and project selection.

Indonesia has yet again recorded a drop in the poverty rate that signals a narrowing of inequality as measured through the Gini coefficient.

The initiative, which could cost around $100 billion, would involve building solar farms of 1 to 1.5 hectares in each village across the archipelago.