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48 minutes agoTrump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy. ...
19 hours agoTrump set rates including a 35 percent duty on many goods from Canada, 50 percent for Brazil, 25 percent for India, 20 percent for Taiwan and 39 percent for Switzerland, according to a presidential executive order. ...
20 hours agoThe housing ministry's internal tug-of-war over the "mini" homes plan could cause confusion among investors and eventually derail the President's flagship program, experts warn.
1 month agoIndonesia is moving apace with its nuclear ambitions, drafting a new regulation on the domestic processing of uranium and thorium for nuclear energy.
1 month agoBefore Danantara’s formation, any SOE seeking additional capital had to submit a PMN proposal for approval by the House and the Finance Ministry, a process that was anything but swift.
1 month agoThe European Commission said Friday it intends to scrap new rules against greenwashing after they hit a roadblock in the final stretch from conservative lawmakers calling them too onerous for businesses.
1 month agoMirroring a fall in tax collection, state revenue also declined to Rp 995.3 trillion (US$61 billion) in May, down by 11 percent from Rp 1.1 quadrillion in the same period last year.
1 month agoPLN is unlikely to be directly involved in the initial phase of planned solar power exports from Indonesia to Singapore. An energy expert said the state-owned power provider should prioritize meeting its commitments under the electricity procurement business plan (RUPTL), given its limited capital and extensive domestic responsibilities.
1 month agoDutch state-run financial institution Invest International and the Public Works Ministry signed a letter of intent (LoI) during the Dutch Economic Mission to Indonesia forum on Monday
1 month agoExperts say more needs to be done to properly fix nickel industry governance in the country, including stricter supervision and recalibration of its downstreaming push.
1 month agoOnce fully implemented, the trade agreement is expected to increase Indonesia’s exports to the EU by as much as 50 percent over three years.
1 month agoThe government aims to finalize the revised regulation next month to tackle the country’s mounting waste crisis by the end of President Prabowo Subianto’s term in 2029.
1 month agoBandung Mayor Muhammad Farhan has argued that many travelers from Bandung prefer to fly from Jakarta’s Halim Perdanakusuma International Airport rather than go to Kertajati International Airport in Majalengka, after Husein Sastranegara Airport’s closure in 2023.
1 month agoThe government plans to push up the poverty line in a move that would bring Indonesia’s measure closer to that of the World Bank, even though that could be politically risky, as it would categorize more people as poor.
1 month agoThe seawall development in Jakarta is part of the 500-kilometer Giant Sea Wall megaproject along Java's northern coast, which is estimated to cost up to $80 billion and take 20 years to complete.
1 month agoThe extension would connect 12 stations in key areas, including Ciputat, Pondok Cabe, Pamulang and Serpong, along a 22.6-kilometer elevated track.
1 month agoA former Prabowo aide has accused the Finance Minister of overreach by hampering the administration's efforts to establish a new agency to improve state revenue, as promised on the campaign trail last year.
1 month agoPresident Prabowo Subianto has stressed the need for increased investment in national defense to safeguard the country’s sovereignty and independence.
1 month agoThe deal may keep the Geneva agreement from unravelling over dueling export controls, but does little to resolve deep differences over Trump's unilateral tariffs and longstanding US complaints about China's state-led, export-driven economic model.
1 month agoWaning interest in public-private partnerships could pose a risk to President Prabowo Subianto’s infrastructure agenda, which still largely depends on private investment.
1 month agoThe cluster of islands and shoals in Southwest Papua Province sits in the Coral Triangle and is thought to be one of the world's most pristine reefs, with its clear blue waters making it a popular diving spot.
1 month agoUnited Nations Secretary General Antonio Guterres said on Monday the world could not let the deepest oceans "become the wild west", at the start in France of a global summit on the seas.
1 month agoThough a property association has hailed a draft proposal to downsize subsidized houses as a price stabilization move, the housing task force questions whether this is necessary to provide 3 million affordable homes each year under the President's ambitious program.
1 month agoIndonesia and the 27-member European bloc have been negotiating since 2016 to strike a deal that is expected to increase trade and investment.
1 month agoThe added cost for consumers, analysts and industry players argue, could help prevent treatment bills from spiraling out of control.
1 month agoFollowing a peaceful protest by Greenpeace at a minerals expo on Thursday, the energy ministry announced it had temporarily suspended Gag Nikel's mining operations in Raja Ampat to conduct field verification.
1 month agoHome Minister Tito Karnavian urged regional governments to choose struggling hotels and restaurants, so government activities could help revive those businesses.
1 month agoPrivate companies and state-owned enterprises (SOEs) are expected to shoulder part of the government’s Rp 24.4 trillion (US$1.5 billion) consumer stimulus package aimed at spurring household spending.
1 month agoIndonesia’s renewable energy mix stood at 14.1 percent in early 2025, significantly below the 23 percent target for this year outlined in the previous RUPTL.
1 month agoGerman automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies, following a similar complaint from an Indian EV maker last week.
1 month agoThe study follows an earlier pre-feasibility assessment conducted by the Japan International Cooperation Agency (JICA).
1 month agoWhile Lisbon acknowledged that the hotel industry has seen declining activities due to the government budget efficiency measures, he said that the industry was expected to recover with the government’s economic incentives that would soon be implemented.
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