A coal power plant has been restored to the Java grid, but state-owned electricity firm PLN's deeper issues persist: a $70 price cap that bars it from competing for supply, regulatory ambiguity over where domestic coal flows and a compensation fund that remains in limbo.

The deputy manpower minister has confirmed that the government is working on a revision of Manpower Ministerial Regulation No. 7/2026 that would reduce the number of service categories eligible for outsourcing from six to four.

Global index provider MSCI has downgraded Indonesia’s information flow criterion to negative in its latest review, raising concerns over the “investability” of the country’s stock market due to limited transparency in shareholding structures and signs of coordinated trading behavior.  

Tax Director General Bimo Wijayanto said there was an ambiguity in the issuance of a National Nutrition Agency (BGN) head circular which classifies the funds used by the programs’ kitchens as grants that are not subject to tax.

Energy and Mineral Resources Minister Bahlil Lahadalia previously revealed a significant 20-million-tonne coal supply gap for PLN that remains uncontracted this year, raising fresh concerns about national energy security.

Thursday’s interest rate hike comes just hours after the US Federal Reserve kept the federal funds rate (FFR) unchanged.

The Fed decided to hold rates steady at 3.50 to 3.75 percent for the fourth consecutive meeting, with the vote being unanimous for the first time in a year.

Creating a functioning mineral exchange requires building the necessary infrastructure, trading systems and market confidence, which analysts say could take longer than the time remaining until the targeted Jan. 1 rollout.

Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.

The administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.  

A House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.

Indonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.

Industry players welcomed the government's decision, viewing it as a positive step toward ensuring stability and investment certainty in the sector.

Bank Indonesia (BI) has increased the benchmark interest rate outside the routine schedule to shore up the rupiah after a hefty hike at the last Board of Governors' meeting and other measures failed to arrest the currency’s depreciation.

The government says changes to the final income tax regime are aimed at preventing abuse by larger firms, but business advocates warn the new rules could create fresh challenges for genuine small enterprises.

The government said export activities would continue as usual until the end of the year, before being fully transferred to the state-owned DSI.

The government plans to launch a new exchange for minerals and strategic commodities next year. The initiative will allow Indonesia to establish benchmark prices and is hoped will strengthen the country’s position as a key global mineral producer, as well as enhance transparency in commodity trading.        

The impact of the regulation on the banking industry would be uneven, as private banks may lose up to half of their export forex funds.

Tsingshan Group is considering a major development in Madagascar, the country's mines ministry said, while Lygend Resources, opens new tab is looking at a project in Tanzania as well ‌as restarting the Koniambo operation in New Caledonia, according to industry sources.

Economists believe the new mandate might open the door for political intervention and declining independence of the monetary authority.

As the rupiah plummeted to a historic low against the dollar, the House gave the green light for a legislative amendment that has raised alarm bells over central bank independence.

The trade agency said it would impose additional duties of 12.5 percent on the remaining 45 countries that it investigated.

Coordinating Economy Minister Airlangga Hartarto announced in a press conference on Sunday that a seven-month transition phase will run from June 1 to Dec. 31, while exporting companies will continue to execute their regular shipping activities. 

The government and the House of Representatives are scrambling to pass a bill that will give Bank Indonesia (BI) a new mandate on job creation, which economists say could weaken the central bank’s independence.

Transportation expenses consume up to 40 percent of household income. 

The unexpected guidance suggests the United States' best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia.

The government’s work-from-home policy introduced to minimize subsidized fuel usage amid skyrocketing oil prices has substantially reduced nationwide consumption.