The 2027 State Budget Law passed Tuesday gives the finance minister authority to conduct examinations and special audits of state revenue collection, which companies worry may hold up tax refunds and hurt their cash flow.  

The RKAB approval process should follow the established fourth-quarter timeline to avoid any delays, which could impact miners' operational readiness, production planning and other related aspects alongside state revenue potential, two industry associations have stressed.

The Indonesian Employers Association (Apindo) pointed out issues faced by businesses, such as shifting investment toward capital-intensive industries and the declining capacity of several sectors to absorb jobs.  

The head of the state-owned battery holding company has urged stronger, more integrated policy support to streamline the nickel battery industry so it could better meet domestic demand and build resilience against foreign imports seeking to enter the local EV market.

Four small businesses and 25 Democratic-led states argue that the tariffs, applied to imports from 60 trading partners including the EU and China, far exceed the president's authority.

BPJS Kesehatan president director Prihati Pujowaskito said the agency had collected Rp 118 trillion in premiums as of September, while it had paid Rp 132 trillion in healthcare benefits, leaving a cash flow deficit of around Rp 14 trillion.

Leaders of the Indonesian Sugarcane Farmers Association (APTRI) have complained at the House of Representatives that sugar imports would keep prices depressed and put strain on an industry struggling to gain a footing.  

The Vanda Solar and Battery project in the Riau Islands is expected to be operational by 2029, but only if the Indonesian government issues its long-awaited electricity export regulation this year or by 2027, its developer has said.

Following last week's criticism of the government's delay in installing managers at Red and White Cooperatives, the Agrinas chief has asserted that co-op managers are employed at the state-owned agriculture firm.

A planned marketplace for the free nutritious meal program could end up centralizing the program’s supply chain without addressing underlying procurement and governance problems, economists have warned.

Southeast Asia’s largest economy will raise its local content requirement, also locally known as TKDN, for locally produced battery electric four- and two-wheelers to 60 percent from 40 percent on Jan. 1, 2027, before raising it to 80 percent in 2030 under Industry Ministry Regulation No. 6/2022.

The House is currently discussing revisions to Law No. 17/2003 on state finance, which has long been used to anchor annual budgets by limiting the deficit to 3 percent of GDP and accumulated debt to 60 percent of GDP.

The law requires products or restaurants without the certification in October to declare they do not comply with Islamic law, a step that could hit sales. In the absence of compliance, such products could be pulled from the market.

Newly-appointed Finance Minister Suahasil Nazara expressed appreciation for the proposal and said that DPD proposals would be a key topic in upcoming discussions with lawmakers on the 2027 state budget draft.

The government’s plan to assume direct ownership of the Indonesian stake in the Jakarta-Bandung high-speed railway project is up in the air following the sudden removal of Purbaya Yudhi Sadewa as finance minister.  

Statistics Indonesia (BPS) acknowledged a 23 percent error rate in its mathematical model for estimating household expenditure in the Single National Socioeconomic Data (DTSEN).

Existing bioethanol supplies can cover only about 3 percent of national demand for biofuel applications, according to the Investment and Downstream Ministry data.

Labor groups are gearing up for nationwide protests, demanding stronger worker protections from changes to the minimum wage formula and tighter limits on contract work to a government-funded severance reserve.

Making good on an initiative the President first unveiled last March, the government has earmarked Rp 11 trillion to open 200 million individual bank accounts with an initial deposit of Rp 50,000 each to improve financial inclusion across the country.

Exactly two months since the B50 biodiesel program was launched, the energy ministry has hailed the operation of 104 fuel delivery points across the nation as an infrastructure milestone.

Analysts suggested that the government complement the system with other data sources to better assess people’s financial capacity.

While Indonesia is making massive investments in the downstream sector, upstream reforms regarding waste collection, financing and management must align with that ambition.

The planned system would eventually shift social assistance from in-kind aid to cash transfers, with the government considering safeguards to ensure the money is spent on essential goods.

Government Regulation 33/2026 brings businesses long-sought clarity on data protection, with enforcement awaiting a presidential approval of the data protection authority.

As the government plans to roll out a new consumer subsidy, motorcycle riders say the discount alone is not enough to make them switch from their conventional bikes to new electric ones.  

The government had reserved some Rp 40 trillion (US$2.26 billion) this year to pay the first round of installments due on Sept. 25, totaling Rp 37.7 trillion.

Analysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.