The government is looking to develop genetically modified organisms (GMO) to boost domestic soybean production and reduce imports in a move experts say is “unnecessary” as it is expected to fail to address key hurdles in national soybean production.

Analysts caution that the fund’s success will hinge more on its execution than on the prominence of its board members.

The government has formed a task force to accelerate the energy transition and green economy development in the country as part of its effort to achieve its targets in both areas as per the 2025-2029 National Medium-Term Development Plan (RPJMN).

New sovereign fund Danantara Indonesia on Monday unveiled its "dream team" to chart its strategy, which included ex-presidents and advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and influential former Thai premier Thaksin Shinawatra.

The event industry in Bali is under pressure from austerity measures, according to industry representatives, with significant revenue declines recorded as a result of reduced government trips and events.

No stranger to blending business and politics, the US president got a taste of the hazards recently when the elegant clubhouse of the Trump Turnberry golf resort in Scotland was splashed in blood-red paint, an immaculate green spray-painted with the words: "GAZA IS NOT 4 SALE."

Financial markets made a mixed start on Monday with US stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of steep US tariff hikes on the horizon.

Credit rating agencies warn that a downgrade could be on the horizon if the government struggles to sustain economic growth or allows the fiscal deficit to widen by prioritizing political commitments over prudent financial management.

Rahmad Pribadi, president director of PT Pupuk Indonesia, said the state-owned fertilizer producer will invest Rp 116 trillion (US$7billion) to boost fertilizer production.

US Senator Steve Daines, a strong supporter of President Donald Trump, met with China’s economy tsar, Vice Premier He Lifeng, on Saturday, marking the first visit by a US politician to Beijing since Trump returned to the White House.

Worth hundreds of billions of euros, the so-called spending "bazooka" has been pushed by the likely next chancellor Friedrich Merz, whose center-right CDU/CSU won elections last month and is now in coalition talks with the center-left Social Democrats (SPD).

Donald Trump's top trade chief, Jamieson Greer, plans to speak with his Chinese counterpart next week, the US president said on Friday amid an escalating tariff war.

As Idul Fitri approaches, tens of millions of employees look forward to their annual holiday bonus (THR). To some, it’s a well-deserved reward to be used for instant gratification, but financial planners suggest keeping at least some for a rainy day.  

According to the National Nutrition Agency (BGN), which runs the free nutritious meal program, the new injection is expected to cover the cost of the full-scale program, estimated at Rp 25 trillion per month, once it launches in September

National Economic Council (DEN) chair Luhut Pandjaitan says that bank account ownership for every household in the country would play an important role in GovTech, paving the way for targeted social aid disbursement.

The President and the DEN head have both stressed the need to cut red tape for the benefit of businesses operating in the country as well as to lure new companies to set up shop.

Stocks in Jakarta and other Asian markets fell on Friday in a downbeat end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors’ appetite for risk, keeping safe-haven gold near record highs.

US President Donald Trump on Thursday invoked emergency powers to boost domestic production of critical minerals used widely across the economy as part of a broad effort to offset China's near-total control of the sector.

Indonesian factories have laid off almost as many workers in the first two months of this year as in all of 2024, a labor union says, but the government counters that newly created jobs make up for the ones lost.

Offices in Jakarta are shifting toward green practices as developers seek to leverage growing market demand for environmental compliance amid an excess supply of office space.

Coordinating Economic Minister Airlangga Hartarto said developing SEZs had been a key strategy among Southeast Asian nations to attract investment and that Indonesia lagged behind with only 24 SEZs covering a total of 21,000 hectares.

The local subsidiary of US oil and gas giant ExxonMobil plans to finish drilling five wells in the Banyu Urip Field for a total of seven wells at East Java's Cepu Block, including two drills that went online last year.

With overall sentiment sliding due to policy "turmoil," prices are projected to rise faster than expected at least in part and perhaps largely because of President Donald Trump's plans to levy duties on imports from US trading partners. 

A leading business groups predicts a 12.3 percent decline in money circulation compared to last year’s Islamic festive season as the Transportation Ministry expects fewer people to leave urban centers for their hometowns.

Asia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street's rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year.

Analysts warn the currency could remain under pressure throughout 2025 and suggest investors turn to “defensive” stocks.

A weak rupiah exchange rate limits Bank Indonesia’s scope for further monetary policy easing at this time, but the central bank is pinning its hopes on the appeal of Indonesian stocks and bonds to lift the currency’s worth.