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View all search resultsThe 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.
8 hours 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 day 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. ...
2 days agoThe government says it is ready to fight back should any countries pursue legal action against its bauxite export ban enforced earlier this month.
2 years agoCoordinating Economic Minister Airlangga Hartarto is confident the program to support jobseekers will remain in place and be developed further despite the presidential handover next year.
2 years agoWorld leaders will gather in Paris this week with ambitions to reimagine global financing for a new era shaped by climate change, as a cascade of crises swamps debt-burdened countries.
2 years agoBottle deposit schemes are used in numerous countries to make recycling more cost efficient. Some experts say they could boost waste collection in Indonesia, too, but others prefer to build on existing waste management concepts.
2 years agoDuring an event in Jakarta, the CEO of the highly popular short video platform has vowed to uphold freedom of expression by refraining from accepting political advertisements.
2 years agoBusinesses urged the government to make sure negotiations on the European Union deforestation law would not result in more delays in the EU-Indonesia trade agreement.
2 years agoThe Bank of Japan said Friday it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
2 years agoInJourney's president director said that the WorldSBK event at the Mandalika circuit could not attract enough attendees or sponsors.
2 years agoThe lack of interest in the electric motorbike subsidy stems from both people’s reliance on fossil-fueled engines and their unfamiliarity with battery-powered engines, according to Industry Minister Agus Gumiwang Kartasasmita.
2 years agoCoordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has said Qatar is interested in making an investment in the Nusantara Capital City (IKN) project, adding to the list of potential countries that the government has approached to reel in funds needed to develop the project.
2 years agoA bipartisan group of US lawmakers planned to introduce a bill on Wednesday to eliminate a tariff exemption widely used by e-commerce sellers to send orders from China to US shoppers, one of the sponsors said.
2 years agoWhile the government's export ban aims to spur smelter investments, industry representatives warn it could cause hundreds of layoffs in the bauxite sector.
2 years agoIt appears that China will be running the Jakarta-Bandung high-speed railway in its first year of commercial operations before gradually transitioning to all-Indonesian staff, though experts caution against rushing to launch the service.
2 years agoEuropean Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy.
2 years agoDespite the construction of numerous nickel smelters in Indonesia over the past years, the country lacks facilities to produce electric vehicle (EV) batteries, an Industry Ministry official has explained.
2 years agoA business group believes the rationale for allowing Freeport Indonesia and Amman Mineral to continue copper exports could also apply to bauxite miners.
2 years agoEuropean Union Ambassador to Indonesia Vincent Piket insisted that Europe “wishes to maintain the palm oil trade” and was keen to help Indonesia and Malaysia acclimate to the new regulation.
2 years agoThe government’s focus on downstream metal industries has "little effect" on overall economic growth, according to Institute for Development of Economics and Finance (INDEF) senior economist Faisal Basri.
2 years agoIndonesia will continue negotiations for a comprehensive economic partnership agreement (CEPA) with the bloc, alongside separate consultations to resolve disputes on the EU's deforestation rules, Airlangga Hartarto, Coordinating Minister for Economic Affairs told Reuters.
2 years agoThe European Parliament adopted the new legislation in April that will ban imports deemed to be driving deforestation, throwing the bloc's trade muscle behind a global fight against climate change.
2 years agoIn the wake of a string of widely reported security breaches, analysts have criticized the government for what they see as weak enforcement of laws and regulations to protect personal data.
2 years agoThe government will inject US$1.34 billion of state capital injection to state-owned construction Hutama Karya (HK) and Wijaya Karya. It also plans to transfer ownership of Waskita Karya to HK.
2 years agoIndonesia and Malaysia joined hands to meet with EU representatives in Brussels on May 30 and 31. hoping to soften the bloc's regulations on palm oil in the upcoming deforestation law.
2 years agoUS regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20 percent on average, the Wall Street Journal (WSJ) reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year.
2 years agoThe government will support "sick" SOEs, especially those handling key infrastructure projects, analysts expect, but the aid may not come in a timely manner.
2 years agoMassive markups by resellers can be a spoiler for businesses and fans alike.
2 years agoEconomists had warned the country could run out of money to pay its bills by Monday -- leaving almost no room for delays in enacting the Fiscal Responsibility Act, which extends the government's borrowing authority through 2024 while trimming federal spending.
2 years agoResponding to a Financial Times report which said the talks could be delayed over the palm oil issue, commodities minister Fadillah Yusof said Malaysia's negotiations with the EU on a trade deal, which have been on hold since 2012, could be resumed if the EU would treat Malaysia with fairness and as a partner.
2 years agoThe WTO's Dispute Settlement Body decided to examine the countervailing and anti-dumping measures Brussels has imposed on imports of stainless-steel cold-rolled flat products from Indonesia, a Geneva-based trade official said.
2 years agoThe government plans to prohibit the export of liquified natural gas (LNG) to help supply domestic industries, Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan announced on Tuesday.
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