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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.
16 hours agoThe 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. ...
1 day agoThe 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. ...
1 day agoFour 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.
1 day agoBPJS 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.
3 days agoLeaders 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.
3 days agoThe 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.
5 days agoFollowing 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.
1 week agoA 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.
1 week agoSoutheast 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.
1 week agoThe 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.
1 week agoThe 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.
2 weeks agoNewly-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.
2 weeks agoThe 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.
2 weeks agoStatistics Indonesia (BPS) acknowledged a 23 percent error rate in its mathematical model for estimating household expenditure in the Single National Socioeconomic Data (DTSEN).
2 weeks agoExisting bioethanol supplies can cover only about 3 percent of national demand for biofuel applications, according to the Investment and Downstream Ministry data.
2 weeks agoLabor 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.
3 weeks agoMaking 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.
3 weeks agoExactly 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.
3 weeks agoAnalysts suggested that the government complement the system with other data sources to better assess people’s financial capacity.
3 weeks agoWhile Indonesia is making massive investments in the downstream sector, upstream reforms regarding waste collection, financing and management must align with that ambition.
3 weeks agoThe 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.
3 weeks agoGovernment Regulation 33/2026 brings businesses long-sought clarity on data protection, with enforcement awaiting a presidential approval of the data protection authority.
3 weeks agoAs 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.
3 weeks agoThe 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.
4 weeks agoAnalysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.
4 weeks agoReports of fuel subsidy misuse amid rising consumption toward potentially overshooting the 2026 quotas have prompted the government to launch an active review of its policy, so that targeted consumers benefit from subsidized fuels.
1 month agoThe House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.
1 month agoThe National Energy Council (DEN) has called on the government to intensify supervision of subsidized 3-kg liquefied petroleum gas (LPG) distribution as consumption is projected to exceed the 2026 quota.
1 month agoEurope's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said.
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