Canadian and Mexican exports to the United States will face a 25 percent tariff, although energy resources from Canada will have a lower 10 percent levy. Goods from China, which already face various rates of duties, will see an additional 10 percent tariff.

Fully implemented at the turn of the year, Coretax is a new tax administration system that is meant to tame Indonesia’s notoriously complicated taxation jungle, which can then translate into improved compliance and increased revenue.

Extreme rain with lightning and strong winds on Tuesday and Wednesday disrupted flights at Soekarno-Hatta International Airport in Tangerang, Banten, with authorities diverting at least 23 flights to other airports for safety reasons. 

Emerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity.

Experts warned that prolonged setbacks could erode foreign investors' confidence in the country's SOEs governance.

Freeport-McMoRan CEO Kathleen Quirk said last week that the miner would not be affected by any copper tariffs as they sell all their US copper domestically and their Indonesian metal goes to Asia. But she worried about any potential inflationary effects of copper tariffs.

The Prabowo administration's first 100 days indicate a potential for accelerated debt accumulation to help finance the President's free meals and housing programs, economists say, pointing to a fine balance between spending and revenue generation in the coming years to 2029.

The government has finally confirmed an extension to the HGBT subsidy program, but at higher rates of $7 per MMBtu for power plants and $6.5 per MMBtu for industrial use, citing rising global prices of the commodity.

The government aims to increase the 2026 free meals budget nearly six times from this year's initial figure of Rp 71 trillion to cover around five times this year's target of 17.5 million recipients, while it looks for an extra Rp 100 trillion to fund the program until the end of 2025.

The energy and mineral resources minister has said the government will not intervene in lowering the cost of financing and that downstream projects could bring a much earlier break-even point and better returns than other projects.

The global minimum tax aims to prevent a race to the bottom where countries outdo one another by lowering taxes for multinational companies, but it means Indonesia must rely on other incentives to lure investors. However, the effectiveness of the arrangement is in doubt after United States President Donald Trump declared it “has no force or effect” in the US.

The Financial Services Authority (OJK) has explained new rules for innovative credit scoring (ICS) to assess the creditworthiness of people and small businesses that lack traditional credit histories.

The budget, proposed by the Nusantara Capital City (IKN) Authority, would include allotments to build legislative, judiciary buildings and other facilities as well as to fund building maintenance.

Deputy Industry Minister Faisol Riza said Trump’s tariff policies were likely to push Chinese businesses to shift operations to Southeast Asia to maintain access to the United States market.

Coming from a Qatari private entity, the investment is estimated at US$16,000 to $20,000 per apartment unit.

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals.

Australia will reward power-guzzling aluminum smelters that use renewable electricity instead of coal, Prime Minister Anthony Albanese said Monday as he unveiled a US$1.2 billion green metals plan.

The Jakarta branch of the Indonesian Chamber of Commerce and Industry (Kadin) said that the government’s plan to stop issuing new groundwater extraction permits to businessmen in the Greater Jakarta area is expected to badly impact businesses.

Bali and other cities in Indonesia have either ceased or reduced their transportation services due to a lack of funding from central and local governments. 

The energy minister says the government is thinking of pulling the operating permits of oil and gas companies with idle projects to accelerate domestic output by 2030 as part of a broader strategy to reduce the country's reliance on costly imports.

Pension age hike could result in a longer “waiting period” for workers who retired before the age of 59, delaying their access to the state-run pension program’s benefits.

BI Governor Perry Warjiyo says the central bank's unexpected decision to cut rates this month was driven in part by reduced uncertainty surrounding the US policies of the incoming Trump administration.

The push to build 3 million houses and apartments per year has already attracted investment interest from China, Qatar and the United Arab Emirates (UAE).  

President Prabowo Subianto has prohibited the conversion of rice fields for residential use as the government seeks to prevent a further reduction in plantation acreage while pushing ahead with its massive housing program.

Indonesian businesses have expressed concern over a new regulation on export receipts (DHE) that they say disrupts their cash flow and ultimately jeopardizes their global competitiveness.

According to the 2025 state budget, the government has set a Rp 3.08 trillion (US$190.3 million) revenue target from the excise on sweetened beverages, much lower than the Rp 4.3 trillion stipulated in the 2024 state budget.

It is not clear what changes the government would introduce, but some businesses are in favor of reviving the import restrictions introduced in past regulations.

However, a WTO panel found certain deficiencies in how the challenged measures had been prepared, published and administered.

Indonesia generated 69.9 million tonnes of waste in 2023, according to Environment Ministry data. Yet it was estimated 57 percent of waste were managed informally through burning or burial due to inadequate facilities.

The DEN says the upcoming implementation of the GovTech integrated platform, which is expected to go online in August, could link tax compliance with an individual's eligibility for certain public services, such as passport issuance and business licensing.