Two women tour a model of a subsidized “mini” house with a building area of just 14 square meters on June 12, 2025, in the lobby of the Nobu Bank building at Plaza Semanggi in South Jakarta.

Mixed signals on tiny homes could undermine housing program

The 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.

8 hours ago

Regulations premium

Government prepares regulations on uranium, thorium processing

Indonesia is moving apace with its nuclear ambitions, drafting a new regulation on the domestic processing of uranium and thorium for nuclear energy. ...

11 hours ago

Regulations premium

Danantara takes over capital injection role for SOEs

Before 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 day ago

The Latest

A protester holds a sign that reads: “Overcome the virus, withdraw the omnibus [law]” outside the House of Representatives in Senayan, Central Jakarta, on Nov. 12, 2020.

Regulations premium

Unemployment benefits are here, but workers are not happy

The new unemployment benefits (JKP) scheme has been billed by the government as an alternative to early pension payout, but workers say it is an inadequate safety net in times of need.

3 years ago

President Joko "Jokowi" Widodo welcomes World Bank officials at the Merdeka Palace, Jakarta, on Feb. 16, 2022.

Regulations premium

Jokowi meets World Bank officials, reaffirms net-zero pledge

The President reaffirmed energy transition commitments provided Indonesia received international financial support.

3 years ago

The facade of Bank Indonesia (BI) headquarters in Jakarta on May 8, 2014.

Regulations premium

Indonesia, S. Korea central banks ink partnership deal

Bank Indonesia and Bank of Korea have signed a memorandum of understanding (MoU) to strengthen cooperation.

3 years ago

Green energy target: A worker inspects solar panels on top of the Energy and Mineral Resources Ministry Electricity Directorate General’s office in Jakarta in this undated photograph.

Regulations premium

15 companies unable to get solar PV permits: Association

Red tape hampers solar panel adoption in Indonesia.

3 years ago

A service officer speaks to a customer through a video call at social security insurance provider BP Jamsostek Salemba in Jakarta on June 25, 2020.

Regulations premium

Workers protest restrictions on pension cash-out

Widespread discontent is emerging over the government’s decision to prevent workers from claiming accrued old-age benefits to cover phases of unemployment.

3 years ago

A man kitesurfs at a beach in Kuta, Bali, on Jan. 26, 2022.

Regulations premium

Govt to cut travel quarantine to three days

The government has announced a reduction in the mandatory quarantine period from five to three days, starting on March 1.

3 years ago

A small coffee business displays its goods and QRIS code at an MSME event in Bangli, Bali, on Aug. 9, 2020.

Regulations premium

Bank Indonesia to raise cap on QRIS transactions

Bank Indonesia (BI) is planning to double the transaction limit for the Quick Response Indonesia Standard (QRIS) code to Rp 10 million as it seeks to lure 15 million more merchants.

3 years ago

South Korean President Moon Jae-in speaks on the occasion of the third anniversary of his inauguration at the presidential Blue House in Seoul, South Korea, May 10, 2020.

Regulations

South Korea to create fund to cope with supply chain snags

The fund will help procure raw materials and other items essential for "economic security".

3 years ago

A visual representation of the digital cryptocurrency bitcoin at the Bitcoin Change shop in the Israeli city of Tel Aviv on Feb. 6, 2018.

Regulations premium

For crypto money, getting it right trumps speed: BIS

The Bank for International Settlements (BIS) expects more countries to tap into central bank digital currency (CBDC) development.

3 years ago

Bank Indonesia (BI) Governor Perry Warjiyo (left) and BI spokesman Erwin Haryanto meet journalists online on Oct. 22, 2021.

Regulations premium

BI keeps rate at 3.5%, signals no change of stance in H1

Bank Indonesia has kept its benchmark interest rate at 3.5 percent and signaled that a change in its monetary policy stance was unlikely in the first half of the year.

3 years ago

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan speaks at the Mandiri Investment Forum 2022 via video link on Feb. 9 in Jakarta.

Regulations premium

Energy transition to boost demand for metals, says Luhut

The government plans to continue focusing on downstream industrialization to tap into the archipelago's rich metal reserves as the global energy transition drives up metals demand.

3 years ago

The head offices of various banks are pictured on the Jakarta skyline on Aug. 27, 2021.

Regulations premium

Moody’s Analytics expects BI rate hike in Q2

Moody’s Analytics expects Bank Indonesia to increase its benchmark interest rate in the second quarter of the year, despite the central bank’s assurance that no such move would happen until inflation picked up.

3 years ago

Energy and Mineral Resources Ministry renewables director general Dadan Kusdiana (left) and Cooperatives and Small and Medium Enterprises Ministry secretary Arif Rahman Hakim (right) sign an MoU on Feb. 8, 2022.

Regulations premium

SME ministry, energy ministry join forces to push EV adoption

The Energy and Mineral Resources Ministry and the Cooperatives and Small and Medium Enterprises (SME) Ministry are working together to increase small businesses’ role in pushing electric vehicle (EV) adoption in Indonesia.

3 years ago

Police officers divert motorists at a checkpoint at the Senayan traffic circle in South Jakarta on July 3, 2021. The government imposes emergency public activity restrictions (PPKM Darurat) in Java and Bali from July 3 to 20, 2021, to stem the alarming surge of COVID-19 cases.

Regulations premium

Kadin appeals for short COVID-19 curbs

Last year, Indonesia's GDP contracted by 0.7 percent annually in the first quarter after the government imposed large-scale mobility restrictions (PSBB).

3 years ago

A tunnel entrance of the Jakarta-Bandung high-speed rail project in Cipatat, West Bandung, West Java, is seen in this photograph taken on May 27, 2020.

Regulations premium

Economics of Jakarta-Bandung rail project increasingly bleak

Unforeseeable factors, such as the capital city relocation plan and the pandemic, have added to growing doubts over the economic viability of the Jakarta-Bandung high-speed railway link.

3 years ago

People line up at the check-in counter at Soekarno-Hatta International Airport in Tangerang, Banten on Dec. 19, 2021.

Regulations premium

Govt retracts ban on international tourist arrivals via Soekarno-Hatta

The ban came about after incorrect wording in a recently issued circular letter.

3 years ago

Acting Energy Minister Bahlil Lahadalia (left) attends a meeting with Energy and Mineral Resources Ministry officials on Friday.

Regulations premium

Bahlil appointed acting energy minister

The current investment minister will temporarily take over the duties of Arifin Tasrif, who is recovering from COVID-19.

3 years ago

Oversight: The Financial Services Authority (pictured above) says it has barred banks from selling unit-linked insurance from companies engaged in unresolved disputes with customers.

Regulations premium

Banks barred from selling unit-linked products of disputed insurers: OJK

The Financial Services Authority (OJK) says it has barred banks from selling unit-linked insurance from companies engaged in unresolved disputes with customers, as the agency decides on more stringent measures to regulate the industry.

3 years ago

Workers load oil palm fruit bunches to be processed into crude palm oil and kernel for export at PT Indo Sawit Subur Riau’s factory in this undated photograph.

Regulations premium

Govt forces CPO firms to ensure cheap domestic supply

Indonesia's cooking oil prices are “too dependent” on international crude palm oil (CPO) prices, a ministry official has said.

3 years ago

Social distancing implementation at Ngurah Rai International Airport in Denpasar, Bali, managed by state-owned airport operator Angkasa Pura I.

Regulations premium

Indonesia eases quarantine rules to spur tourism

The government has reduced the mandatory quarantine period to five from seven days.

3 years ago

A resident walks past the Papua office of the Financial Services Authority (OJK) in Jayapura on Oct. 27, 2021. The OJK has branch offices across the country.

Regulations premium

OJK to tighten rules for unit-linked insurance

The Financial Services Authority (OJK) will tighten rules on investment-linked insurance as the agency seeks to prevent future problems with regard to the products.

3 years ago

Shinta Kamdani, chairwoman of B20 Indonesia 2022, speaks at the inception meeting of the G20 subforum on Jan. 27, 2022.

Regulations premium

Indonesia launches G20 forum on recovery, innovation

Shinta Kamdani, as chairwoman of the B20 Indonesia 2022 forum, has set the agenda to discuss how the G20 countries can recover together from COVID-19, boost innovation across the globe and build an inclusive and sustainable future.

3 years ago

A worker moves palm oil fresh fruit bunches (FFB) aboard a truck at a plantation in Central Kalimantan on Dec. 19, 2015.

Regulations

Indonesia imposes mandatory domestic sales on palm oil

The domestic market obligation on palm oil is meant to curtail rising cooking oil prices in Indonesia.

3 years ago

A vendor holds a sign reading "Bitcoin accepted" at a store in San Salvador, on Jan. 26, 2022.

Regulations

Salvadorans show support for bitcoin despite IMF criticism

In the crowded streets of San Salvador, restaurants, hardware stores, pharmacies and even street vendors are happy to accept payment in the cryptocurrency that has been legal tender since September 2021.

3 years ago

Soldiers and health officers load medical supplies from China onto a truck on March 23, 2020 at Halim Perdanakusuma International Airport in East Jakarta, which also has an Air Force base.

Regulations premium

Halim airport to close nearly 4 months for renovations

Halim Perdanakusuma International Airport in East Jakarta will be closed on Wednesday for up to 3.5 months for renovations, during which all flights will be rerouted, including military aircraft.

3 years ago

Tourism and Creative Economy Minister Sandiaga Uno (left) and Riau Islands Governor Anshar Ahmad attend a meeting in Bintan, Riau Islands, on Jan. 21, 2022.

Regulations premium

Indonesia opens travel bubble for Singaporeans

Fully vaccinated Singaporeans can once again enter Indonesia without quarantine, but only Batam and Bintan in Riau Islands, for now.

3 years ago

The Financial Service Authority (OJK) chairman Wimboh Santoso gives a speech at the Indonesia Stock Exchange (IDX) opening ceremony in Jakarta on Jan. 3.

Regulations premium

OJK launches green finance taxonomy

The taxonomy helps financiers decide how environmentally damaging a business' operations are.

3 years ago

An employee counts US dollar banknotes at a money changer in Jakarta in this undated photo.

Regulations premium

OJK urges banks to speed up provisioning, consolidation

The Financial Services Authority (OJK) has urged banks to brace for reduced stimulus spending at home and abroad, which could disrupt and create risks in the financial sector.

3 years ago