The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

A survey from Boston Consulting Group (BCG) reveals that firms in Southeast Asia are sending a clear signal: what they need now are structural interventions at the regional level, not short-term relief.

Wall Street futures slipped, gold struck a record high and Asian stocks wavered on Wednesday, as the deadline passed for a US government shutdown that is expected to delay the release of crucial jobs data and muddy the interest rate outlook.

The US lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the US Senate and President Donald Trump threatened to extend his purge of the federal workforce.

The Public Housing Savings (Tapera) program is in limbo after the Constitutional Court struck down its legal basis, with judges declaring compulsory contributions from all workers and employers an unfair burden on both.

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision.

Finance Minister Purbaya Yudhi Sadewa warned that he would pull FLPP funds if the Housing Ministry failed to fully absorb them for the subsidized housing program.  

US President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

Shares in Asia edged higher and gold continued its record climb on Tuesday as markets weighed prospects for a US government shutdown that would delay closely watched jobs figures.

Indonesia's major copper producers are in talks with the government over export permits, as officials work to balance downstream ambitions with the practical challenges of smelter operations.

President Prabowo Subianto previously announced the plan as part of his administration’s economic stimulus package, which includes repairing 1,000 vessels of 30 GT and larger vessels of up to 2,000 GT for state-owned enterprises.

The government has announced that "several projects" are in the pipeline to produce the two alcohols for its biofuel programs, as part of the broader national aim to achieve energy and food security.

Authorities tracked Adrian Gunadi to Doha, where he had been living as a permanent resident, after he fled Indonesia during the investigation.

Most share markets rose in Asia on Monday while the dollar eased as investors braced for a possible shutdown of the US government, which would in turn delay publication of the September payrolls report and a raft of other key data.

The European Union plans to appeal a World Trade Organization ruling against Brussels’ import duties imposed on biodiesel from Indonesia, meaning the case is set to remain in limbo at the WTO’s paralyzed Appellate Body.

If passed in the coming days, the amendment would “effectively dissolve” the ministry and replace it with the new agency, although its duties would remain “largely the same,” the government stated.

An automotive industry executive says quick policy intervention is needed to stimulate demand in the lackluster car market.

Indonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.  

The US-based airplane manufacturer had previously been granted authority for the certificates, but the FAA removed the power following deadly crashes as well as production and safety problems involving Boeing jets.

The US tech giant said the move comes "in response to recent UK regulatory guidance," noting that the subscription model gives users a choice over whether to allow personalized ads.

With few vacancies on offer, young Indonesians are looking to enter the jobs market through the government’s new internship program, but will they find permanent employment at the end of it?  

Representing 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).

Finance Minister Purbaya Yudhi Sadewa said on Friday he did not instruct state banks to raise their United States dollar deposit rate to 4 percent, and that the government was still considering what incentives to offer to bolster the domestic US dollar supply.

New regulation effectively designates state-owned electricity utility PLN as the sole aggregator for electricity imports and exports.

The company has outlined a phased restart strategy for the mine, with full recovery to pre-incident operating rates targeted for 2027.