Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking.
14 hours agoThe government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce. ...
19 hours agoTransparency from the outset to allay foreign investor's concerns is key to the success Danantara's plan to issue bonds, analysts say. ...
1 day agoA crackdown on duty-free imports underpinned by new regulations is worrying many who have made a living of loopholes, traveling in and out of the country with goods bought abroad and sold on at home.
1 year agoThe lawsuit, also brought by multiple US states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices.
1 year agoA mitigation scheme is needed to protect the national automotive industry from unwanted side effects that may affect the component supply chain, says Toyota Indonesia vice president director Bob Azam.
1 year agoThe State-owned Enterprises (SOE) Ministry hopes consolidating seven construction firms into three will put them on a firmer financial footing and make their operations more efficient.
1 year agoIn a widely expected decision, Bank Indonesia has held its benchmark interest rate at 6 percent after weighing macroeconomic conditions and prospects, including its projection of monetary policy by the United States Federal Reserve.
1 year agoThe government believes a lack of affordable car models, rather than insufficient charging infrastructure, is creating a bottleneck to electric vehicle (EV) adoption in Indonesia.
1 year agoA push by some House of Representatives lawmakers to retain Jakarta as a “legislative capital” and hence avoid having to move to the under-construction capital city in Kalimantan found no favor with the government.
1 year agoThe government has announced 14 new National Strategic Projects to be funded by private companies, with construction slated to begin this year.
1 year agoJapan's central bank on Tuesday scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.
1 year agoThe investment minister has asserted that a government led by presumptive president-elect Prabowo Subianto will stick with the approach of the incumbent administration to attract investment.
1 year agoThe Java Sea, the Makassar Strait and the Natuna-North Natuna waters is estimated to contain a combined potential yield of 17.65 billion cubic meters of sea sand sediments,
1 year agoBoeing on Friday told airlines operating 787 Dreamliners to check flight deck switches after a sudden mid-air dive by a LATAM Airlines LTM.SN 787 plane left more than 50 people injured.
1 year agoBowing to the wave of public uproar over the Trade Ministry’s carry-on restrictions, Zulkifli has promised to tweak the newly enacted regulation on imports.
1 year agoA regulatory revision allowing for an extension of PT Freeport Indonesia’s (PTFI) mining permit (IUPK) to 2061 will be finalized soon, the government has announced.
1 year agoThe plan to quickly generate additional income for the state comes at the wrong time and alternative revenue streams should be considered instead, experts say.
1 year agoChina is stepping up regulatory pressure to win foreign backing for its new jet, but industry sources have warned the landmark approvals from Western regulators could take years.
1 year agoThe administrative authority of Nusantara has issued a final notice for residents to leave their "illegal" homes in four subdistricts in North Penajam Paser regency, which some are designated to be part of Nusantara's Central Government District.
1 year agoThe EU's deforestation law will apply from 2025, and the bloc will begin imposing CO2 charges on imported goods from 2026 under its carbon border levy. Both policies have faced criticism from the likes of India, Indonesia and Brazil.
1 year agoA lack of security features on electric motorcycles, particularly on models that use swap batteries, has made it easier to steal their batteries.
1 year agoThe Indonesian Traditional Fishermen Association (KNTI) has rejected a World Trade Organization push to prohibit subsidies for problematic fishing practices.
1 year agoThe end of the WTO moratorium on e-commerce tariffs in 2026 paves the way for Indonesia to start levying excises on imported digital goods.
1 year agoThe newly signed publisher rights regulation tasks a committee with facilitating partnerships between digital platforms, such as Google and Meta, and the press.
1 year agoIn the WTO's first ruling related to deforestation, a three-person panel voted by two-to-one to reject Malaysia's substantive claims, while accepting its complaints over how the measures had been prepared, published and administered.
1 year agoAssociation blamed those platforms for causing financial losses for local accommodation companies.
1 year agoThe presumptive president-elect also opined that the government should consider privatizing state-owned enterprises in non-strategic industries like tourism and hospitality.
1 year agoThis fiscal policy, which will last until 2025, aims to support the green transition by attracting investment, boosting domestic EV production and accelerating the EV program.
1 year agoLocal pension funds had Rp 1.4 quadrillion (US$89.05 billion) in assets at the end of last year, three-quarters of which came from mandatory pension programs.
1 year agoThe decision was announced after the President staged a short cabinet meeting before his departure to Australia for a working visit.
1 year agoA revised ministerial regulation is expected to support industrial and commercial use of rooftop solar panels, but how it is implemented will be crucial in ensuring companies can easily access the electricity generated by the installations.
1 year agoMusk's lawsuit alleges a breach of contract, saying Altman and co-founder Greg Brockman originally approached him to make an open source, non-profit company, but the startup established in 2015 is now focused on making money.
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