The Energy and Mineral Resources Ministry wants managing agency partners (MIPs) to start collecting coal levies in January in a bid to improve coal producers’ compliance with the industry's domestic market obligation (DMO).

The policy proposals of all presidential candidates are similar to those of President Joko “Jokowi” Widodo, with no clear strategy for solving financial problems at infrastructure SOEs, experts say.

The Energy and Mineral Resources Ministry has revived a proposal that would allow private companies to sell electricity directly to the consumer through transmission owned by state-run utility firm PLN, which it hopes to include in the latest draft of the renewable energy bill.

"The labor issue has been agreed upon in pillars II to IV," Edi told The Jakarta Post on Saturday.

The Biden administration had emphasized finishing key chapters of its Indo-Pacific Economic Framework (IPEF) initiative trade "pillar" in time for this week's Asia-Pacific Economic Cooperation (APEC) meeting, aiming to offer the region an alternative to China's growing trade clout.

Indonesia will focus more on emissions reduction programs as opposed to pushing for early retirement projects.

While Washington had for decades used free-trade pacts to forge relationships around the world, a more isolationist mood has gripped domestic politics.

Indonesia's leading presidential hopefuls are considering a push to end the state power utility's monopoly as part of efforts to speed up the transition to greener energy, their teams told Reuters.

Ministers from the 14 IPEF countries also formally signed the previously agreed text of a third pillar, covering supply chain resiliency, at a meeting during the Asia Pacific Economic Cooperation leaders' summit in San Francisco.

Coordinating Economic Minister Airlangga Hartarto said on Wednesday that discussions at an international summit in the US had not produced “the targeted resolution” on trade due to disagreement over several issues, including critical minerals, a key topic for Jakarta.

Labor unions have expressed their dissatisfaction with the 2024 minimum wage formula and announced nationwide walkouts involving millions of workers to take place by the end of this year. 

“We encourage the rich with swimming pools to seek approval, because they extract water from the same source as the broader community, used for everyday activities,” a government official said.

President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.

Ganjar Pranowo and Anies Baswedan have distanced themselves from President Jokowi's food estate program, which is Prabowo Subianto's key solution for food security.

The government has decided to alter its 2023 state budget to reflect an upward revision in its revenue collection target, which allows the country to afford higher spending.

Next steps that could move the countries toward formal negotiations on the partnership will be discussed when President Joko "Jokowi" Widodo visits the White House for a meeting with US President Joe Biden on Monday, according to one of the people.  

Indonesia’s JETP is stuck in a catch-22 when it comes to early coal retirement: while this is necessary for the country’s transition to renewables on the one hand, financiers are finding their hands tied by external pressure.

The circular from OJK also regulates which borrowers P2P lenders can approve, as well as the debt-collection process.

Air taxis are small aircraft that can take off and land vertically, transporting passengers across short distances within a country.

Negotiators from 14 countries are racing to close out chapters of the Indo-Pacific Economic Framework for Prosperity in hastily arranged talks this week, with announcements expected on cooperation to accelerate the clean energy transition and to fight corruption and tax evasion.

The defense minister has made a campaign pledge of a whopping per annum fund of US$28.7 billion toward a national school lunch program to tackle childhood stunting and malnutrition, but one that omits a targeted rate and time frame, unlike his rivals'.

All three presidential candidates have expressed their intention to continue on Indonesia’s energy transition path as the country strives to secure funds for switching off coal-fired power plants and increasing the use of renewable energy.

The recent launch of Indonesia’s carbon exchange could drive the business of carbon credit certification as firms and organizations seek to demonstrate their sustainability credentials, but experts note that the regulatory framework for this has yet to be completed.

Several cooking oil producers and retailers have filed cases against the Trade Ministry seeking to reclaim what they say are billions of rupiah in losses resulting from government policies last year intended to bring down the price of the commodity.

The verdict came just shy of one year after FTX filed for bankruptcy in a swift corporate meltdown that shocked financial markets and erased his estimated $26 billion personal fortune.

The vision and mission documents of the three candidates vying for the presidency next year show that all are committed to boosting the country's R&D spending, but experts commented that their individual targets ranged widely from “way too pessimistic” to “too ambitious”, with only one candidate addressing the necessary institutional restructuring.

The Just Energy Transition Partnership (JETP) Secretariat, tasked with implementing a US$20 billion global effort to reduce carbon emissions in Indonesia, has made its investment plan available for public review.

Some 200,000 hectares of oil palm plantations found in areas designated as forests in Indonesia are expected to be returned to the state to be converted back into forests, a government official said late on Tuesday.

The debate about unpaid internships intensifies every fall as fresh graduates seek career inroads. Recent posts on social media show many young Indonesians complaining about doing full-time work without compensation – an outcome equally unpopular with the interns themselves as with their paid coworkers.

Social media platforms reportedly keen to engage in e-commerce in Indonesia, despite the government recently restricting social commerce, will need to go through several regulatory hoops according to business analysts.