The Attorney General’s Office (AGO) has handed over seized assets worth Rp 7 trillion from corruption cases involving mineral extraction to state tin miner PT Timah and state asset fund Danantara.

Finance Minister Purbaya Yudhi Sadewa has insisted on cutting the state budget allocation for the free nutritious meal (MBG) program if spending on the flagship initiative remains slow.   

The mining giant recovered on Sunday the bodies of five remaining workers who went missing on Sept. 8, bringing an end to a nearly monthlong search and rescue effort for seven total workers, all confirmed deceased.

The Mandalika special economic zone (SEZ) has recorded Rp 5.7 trillion in realized investment, creating 19,010 jobs and hosting 28 active businesses within the area.

Japanese stocks and bond yields soared and the yen fell on Monday, after conservative China hawk and potential big-spender Sanae Takaichi won the leadership of the ruling party.

Pekan Iklim Bali (Bali Climate Week) has united regional leaders, climate activists, non-governmental organizations, funders and investors as well as the general public in a weeklong event dedicated to collectively promote collaborative, innovative and impactful climate action.

Jakarta and Washington are looking to sign a bilateral trade agreement by the end of October by ironing out details left open in a handshake deal announced in July. However, the US government shutdown has disrupted the talks.

Local furniture makers and exporters are expecting US orders to decline over the next three to six months in light of additional duties on wood products that are set to take effect on Jan. 1.

In its ruling published on Oct. 2, the WTO has ruled in favor of Indonesia in its stainless steel dispute with the EU after finding that Brussels's countervailing measures were inconsistent with the trade body's SCM Agreement.

The US Food and Drug Administration (FDA) announced new import certification requirements for shrimp and spices from Indonesia after cases of radioactive contamination were detected earlier.

French Prime Minister Sebastien Lecornu plans a tax targeting individuals with annual incomes of over 250,000 euros to try to win the Socialist opposition's backing for his government's 2026 state budget, financial daily Les Echos said on Saturday.

The shrimp was processed at an industrial estate near Jakarta that was later found to be contaminated with of Cesium 137 and the country's nuclear agency is seeking to pinpoint the size of the area affected.

Domestic investors are driving a stock market rally while riding a global gold price rally, a trend analysts tie to a combination of a weakening dollar and optimism over domestic pro-growth policies.  

For many aspiring homeowners, a rent-to-own scheme is being hailed as a lifeline to homeownership, but they stressed that the scheme will only succeed if the monthly payments remain truly affordable.

The government has suspended TikTok's registration to provide electronic systems after the company failed to hand over all data relating to the use of its live stream feature, a government official said on Friday.

The former Kadin chief's new equity firm, Sriwijaya Capital, aims to bring Southeast Asian opportunities to the Gulf and vice versa as part of its broader mission to support the government's "Indonesia Inc" intitiative.

The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.

However, Finance Minister Purbaya Yudhi Sadewa has raised objections to the tax amnesty policy, arguing that it would not encourage businesses to become compliant taxpayers, as they would simply expect repeated leniency.

Among its early projects are a Haj village in Saudi Arabia, upstream energy ventures with Pertamina and waste-to-energy plants in Indonesia.

Major private fuel retailers face supply shortages after rejecting an offer to purchase base fuel from state-owned energy giant Pertamina over its ethanol content.

Under the new structure, BP BUMN will act as the sector’s regulatory agency, while Danantara will serve as the executor in charge of around 1,000 state firms and as guarantor for investment holdings.

Malaysia will once again take centre stage in the global palm oil industry as it hosts the prestigious Malaysian Palm Oil Board International Palm Oil Congress and Exhibition (PIPOC 2025) from 18 to 20 November at the Kuala Lumpur Convention Centre (KLCC). The biennial event, organised by the Malaysian Palm Oil Board (MPOB) the nation’s leading oil palm research and development agency under the Ministry of Plantation and Commodities (KPK), is among the world’s largest platforms for knowledge exchange and innovation in the sector.

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

Danantara has raised Rp 50 trillion through its first so-called patriot bond, with part of the proceeds earmarked for renewable energy and waste-to-energy projects. The company expects to launch initial tenders by the end of October.

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.