Local firms remain cautious when considering employment numbers despite improvements in manufacturing activity.

Laying off workers would only increase the number of people without income, further worsening the economic situation, Kadin chairman Anindya Bakrie said. 

The BPS revealed on Monday that Indonesia's inflation rate dropped to 1.55 percent in November, just 0.05 percentage point above the lowest end of BI's target range, marking the slowest annual rise since July 2021.

"We require a commitment... that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 percent Tariffs," Trump wrote on his Truth Social website, referring to the grouping that includes Brazil, Russia, India, China, South Africa and others.

Washington is expected to further curb exports to Chinese semiconductor toolmakers and sales of certain chipmaking equipment, including products manufactured in Malaysia, Singapore and Taiwan, sources have told Reuters.

Asia's largest manufacturing economies stepped up activity in November, with China's factories extending their recovery driven in part by Beijing's stimulus and a rush to export, though weak patches in other parts of the region pointed to some challenges.

The railway, which will stretch more than 1,500 kilometres (930 miles) from the capital in the north to the country's business hub in the south, will reduce the current journey time by rail from 30 hours to around five.

The IESR estimates the government would need around US$1.2 trillion worth of investment in order for the country to meet all of its electricity needs from clean energy and billions more in order to retire its coal plants early.

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.

Southeast Asia's biggest economy is looking at operating nuclear power plants as early as 2036 to cut its dependence on fossil fuels.

The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.

In an effort to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.

The Agrarian and Spatial Planning Ministry has suggested that PIK 2 may have issues concerning regional and provincial spatial plans (RTRW) and has said the project also lacks the required detailed spatial plans (RDTR).

Deputy Industry Minister Faisol Riza said he was confident about the development of the country’s EV industry and that he hoped more locally produced EVs would appear on the market.

BP Taskin head Budiman Sudjatmiko said on Thursday that the administration sought to gradually reduce social assistance spending, which later could be reallocated for “empowerment programs”.

Builders are calling for more detailed guidelines on the execution of the housing program to align their business strategies accordingly.

The Organisation for Economic Co-operation and Development’s (OECD) latest Indonesia Economic Survey includes recommendations for increasing tax revenue as a share of GDP, with a key focus on better tax administration.

In the efforts to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.

President Prabowo hopes the country could have strong domestic capability to finance its own projects, particularly through Danantara.

Indonesia’s rice output is estimated to reach 32 million tonnes in 2025, according to Coordinating Food Minister Zulkifli Hasan.

Forestry Minister Raja Juli Antoni said the land, which has been redistributed to and is managed by farmers and communities of farmers, would be used to achieve the targets of President Prabowo Subianto’s food self-sufficiency and free nutritious meals programs. 

The World Wide Fund for Nature's (WWF) Norwegian chapter will have its day in court Thursday, after it sued Norway for opening up its seabed to mining before performing sufficient impact studies.

A lawmaker has defended a new tax amnesty as a way to make up for lower-than-planned state revenue from value added tax (VAT), given that a VAT hike initially meant to take effect on Jan. 1 will probably be pushed back.

The Energy and Mineral Resources Ministry (ESDM) has instructed state-owned mining holding firm MIND ID to explore for lithium reserves in Australia’s Northern Territory.

Greer, 44, served as chief of staff to Trump's former US Trade Representative Robert Lighthizer, the architect of Trump's original tariffs on some $370 billion worth of Chinese imports and the renegotiation of the North American free trade deal with Canada and Mexico.

Bureaucratic hurdles in Indonesia complicate business procedures in various sectors, according to the newly released United States-Indonesia Investment Report 2024, including the import of medical devices and consumer electronics.  

The communist state's first homegrown car manufacturer is aiming to compete with global EV giants such as Tesla.