The Indonesian government has signed four mutual recognition agreements (MRAs) to harmonize ASEAN member countries’ standards and practices in food safety, building and construction materials as well as the manufacture of medicinal products.

China's central bank on Monday cut a key interest rate in an attempt to counter the post-COVID growth slowdown in the world's second-largest economy.

Workers at a local supplier for global sportswear brand Adidas claim their employment rights are routinely breached, raising concerns about an industry long accused of poor labor conditions.  

Earlier this week, Indonesia requested the WTO examine the EU's imposition of duties on biodiesel imports from Indonesia.

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) says there is no government plan to raise upstream gas prices and supplies are sufficient to meet demand.

The EU is Indonesia's third-largest destination for palm oil products and an important market for its biodiesel, which is made from palm oil. Indonesia is the world's biggest palm oil producer.

Though the JETP Secretariat has delayed its launch of the key CIPP blueprint that was expected on Wednesday, an expert says the move will provide more time to develop a more comprehensive plan for accessing the funds and getting the scheme underway.

The Korea Fair Trade Commission (KFTC) said that the three South Korean teleco firms, including SK Telecom, KT Corp and LG Uplus Corp, had exaggerated their 5G network speeds and unfairly advertised that they were the fastest relative to their competitors.

Finance Minister Sri Mulyani Indrawati told a press briefing on Wednesday that a little over Rp 40 billion of the 2024 state budget would be allocated to developing the nation's new capital, with 86.2 percent of that fund going toward building vital infrastructure, including government housing.

In an effort to strike a balance between real cost and consumer purchasing power, the government has decided to subsidize the Jakarta-Bandung high speed railway (KCJB), a decision that experts question given the railway's upper middle class target market. 

President Vladimir Putin's economic adviser Maxim Oreshkin on Monday rebuked the central bank, blaming what he called its soft monetary policy for weakening the rouble.

Following recent criticism, the government has argued in defense of its policy to boost investment in the nickel processing industry, saying it had paid off for the country with a significant rise in tax and export revenues.

The government has suspended nickel mining in the Mandiodo Block amid the AGO's ongoing investigation into corruption related to mining operation permits.

President Joko “Jokowi” Widodo’s plan to ban quartz sand or silica sand exports could jump-start rooftop solar panel manufacturing in Indonesia, business representatives say.

The government has been easing regulations on home ownership since 2021, aiming to attract more foreigners to buy properties in the country, but the effort has produced few results because of regulatory misalignment and a lack of supply.

Indonesia is prioritizing safety ahead of the planned commercial launch of its China-funded $7.3 billion high-speed railway, its transport minister said on Friday - addressing concerns about a project already years behind schedule.

Multiple ministries have warned construction state-owned enterprises (SOEs) not to pay off their debt using state-budget funds earmarked for government-funded projects.

Foreign Minister Retno L.P. Marsudi says Indonesia's bid to join the Organisation for Economic Co-operation and Development (OECD) has garnered strong support from existing member countries and will be discussed at an OECD council meeting in September.

While the market mostly shrugged off President Joe Biden's move to prohibit some US technology investments in China, US investors said they were worried Beijing would retaliate or pull back from buying American technology.

Experts cast doubt on the efficacy of planned new e-commerce regulations that are meant to limit foreign products on online trading platforms in hopes of protecting small local businesses. 

The order lays out plans to regulate investments in certain "countries of concern," with a separate annex naming China, Hong Kong and Macau as initial targets.

The long-awaited order authorizes the US Treasury secretary to prohibit or restrict certain US investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems.

Outstanding loans from state-owned banks to construction SOEs reached Rp 70 trillion (US$4.6 billion) in May, according to government data, but restricting issuance would cause new risks for lenders.

PT Freeport Indonesia plans to file a lawsuit against the government over revised export duties on mineral concentrates but the government said it will defend the policy. 

Operators of the Jakarta-Bandung high-speed railway have announced yet another delay of the flagship project’s soft launch, to early September, citing the need to ensure preparedness and safety.

Improving governance and best practices of insurance companies is more urgent than raising the minimum capital requirements, an expert believes.

The government insists that the proposed regulation only pushes for collaboration between digital platforms and media companies, such as in training or revenue-sharing.

A US central bank official said Saturday that more interest rate hikes "will likely be needed" to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001.

Indonesia may lack the necessary regulations to boost its competitiveness in attracting carbon capture investment when compared to other ASEAN countries. 

Vietnamese automaker VinFast last week began construction on a US$4 billion plant to produce EVs in North Carolina for the US market, but could struggle to compete without the tax break, says a lobbyist.