Apindo says it has made several suggestions to the government on revising the Tapera program, but cautioned that any revision was likely to take time since they would need to involve the incoming legislature.

“Hopefully within one or two weeks, the regulation will be issued,” the Indonesian Trade Security Committee (KPPI) said.

A member of Prabowo Subianto’s Gerindra Party who also heads the president-elect’s transition team has denied a report about alleged plans of the incoming administration to revise the State Finance Law.

Experts believe the move, which currently remains under deliberation, could play into inflation and reduce people’s purchasing power, thereby risking shock to the economy.

Food and beverage industry association Gapmmi is suggesting that the government impose a voluntary national standard for sugar content in sweetened beverages, rather than mandatory SNI certification.

Indonesia's airfare prices are among the highest in the world according to Coordinating Maritime and Investment Minister Luhut Pandjaitan. High prices have also been blamed by local businesses for hampering the recovery of the country’s tourism sector.

Traffic in its satellite cities within Greater Jakarta area has become increasingly worse over the past years, including South Tangerang, which took roughly an hour drive from the capital’s city.

The government has softened its rhetoric after threatening to impose antidumping tariffs of 200 percent on imported ceramic products, but after a probe ended earlier this month, it remains unclear which importers will be subject to which tariffs.

Airlangga Hartarto announced on Wednesday that the government, on the President's instruction, would be establishing a new department at the BPDPKS to oversee development of the cacao and coconut industries.

The government has mulled restricting the purchase of subsidized fuel since 2022 but the plan was delayed amid concerns it would impact the purchasing power of Indonesians.

Sandiaga said on Monday that the endowment fund would be prioritized for large scale events and those deemed to produce low carbon emissions and to promote better waste management.

The government has decided to extend the 2020 subsidized natural gas program for industries and is also mulling over expanding eligible industry categories, although IPGI has asked that the program be evaluated since it benefited only downstream businesses.

In yet another delay to the multibillion-dollar megaproject, President Jokowi has postponed issuing a decree formalizing Nusantara's status as the nation's new capital due to lack of progress on key infrastructure.

In its plan to establish Bali or the future capital as a global hub for family offices the government must be cautious to prevent money laundering, experts urge.

The Public Works and Housing Ministry infrastructure development at Nusantara will have to be suspended ahead of Aug. 17.

The Trade Ministry says it will conduct a wide-ranging investigation into seven industries that have suffered heavy job losses in recent months, including textiles and apparel, before making any decision on possible protective tariffs.

The government removed articles on power wheeling from the bill in November 2022, but later revived the plan in November last year.

The government implemented the policy in 2021 and has extended the policy ever since with a mix of full and half waivers.

The Trade Ministry has defended ministerial regulation No. 8/2024 as a measure to speed up import processing and prevent the kind of build-up of freight containers observed a few weeks ago at Indonesian seaports.

Indonesian manufacturers are calling on the government to cut the tax imposed on imported raw materials for making medical devices, which they say have undercut their competitiveness by making it cheaper to import foreign-made equipment.

Coordinating Economic Minister Airlangga Hartarto announced plans for the program’s resumption on June 24, citing a request from President Joko “Jokowi” Widodo. The program was previously extended three times before expiring at the end of March of this year.

The Industry Ministry continues to point to a recent Trade Ministry regulation for the country’s weakening manufacturing PMI, even as other Asian peers saw stronger performance in the May-June period.

The tourism minister has called for calm as criticism mounts against the American musician's upcoming Jakarta concert in September, urging the public to leave politics out of the creative economy.

GINSI has warned that the new policy could have the unintended effect of closing down law-abiding importers while increasing smuggling activities.

Indonesian Geothermal Association (INAGA) secretary-general Riza Pasikki deemed PLN’s terms and conditions “were not attractive enough” to bring in prospective investors to develop geothermal working areas in the country.

If left unsolved, this could discourage foreign direct investment (FDI) as it extends the timelines beyond what investors are willing to accept while increasing the risks to their capital.

The doctrine, among the most important principles in administrative law, arose from a 1984 Supreme Court ruling involving oil company Chevron. Conservatives and business interests had opposed it while liberals, favoring robust corporate regulation, championed it.

The precedent the court overturned arose from a ruling involving oil company Chevron that had called for judges to defer to reasonable federal agency interpretations of US laws deemed to be ambiguous. This doctrine, long opposed by conservatives and business interests, was called "Chevron deference."

Initially the government limited the licenses to coal deposits previously controlled by miners holding work contracts (PKP2B) because other minerals were considered more difficult to extract.

Trade Minister Zulkifli Hasan has announced measures against imported textile goods as the government seeks to protect struggling domestic manufacturers.