An aerial photo shows the Cirata floating solar power plant that can generate 192 megawatts (MW) of peak electricity in West Java.

Clean energy pledge rings hollow amid coal subsidies

The planned 2026 budget pours more funds into fuel and coal subsidies than into renewable energy development, casting doubt on the government’s commitment to the energy transition.

19 hours ago

Regulations premium

In surprise move, BI cuts rate to ‘push’ GDP growth

Bank Indonesia (BI) has unexpectedly made a back-to-back benchmark interest rate cut in its bid to bring out the true potential of the country’s gross domestic product (GDP) growth. ...

1 day ago

Regulations

US recalls shrimp imported from Indonesia over potential radioactivity scare

The seafood imported from a company in Indonesia has been marketed in 13 states by retail giant Walmart, the Food and Drug Administration (FDA) said on its website. ...

2 days ago

The Latest

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

Regulations premium

Indonesia waives quarantine for all fully vaccinated foreign arrivals

The policy is intended to boost foreign tourism and help tourism-dependent areas recover economically.

3 years ago

An undated aerial photo shows a palm oil field in Bulutumbang, Belitung.

Regulations premium

Indonesia raises palm oil export levies

The government seeks to discourage exports amid domestic cooking oil crisis.

3 years ago

Yantian Port in Shenzhen in China's southern Guangdong province is pictured on June 22, 2021. This is China's largest container terminal.

Regulations

Shenzhen eases lockdown as pandemic gnaws at China economy

Shenzhen is home to supply chains for major companies making everything from iPhones to washing machines.

3 years ago

A supermaket displays almost empty shelves for cooking oil in Bekasi, West Java, on Jan. 27, 2022.

Regulations premium

Govt removes price cap on cooking oil

Cooking oil prices have climbed to Rp 24,000 per liter, from Rp 14,000 per liter, after the cap was lifted.

3 years ago

This handout photo taken on March 16, 2022 by the Presidential Palace and received on March 17, 2022 shows Indonesia’s President Joko 'Jokowi' Widodo (2nd R-in white) visiting a Hyundai factory which produces the electric car “Ionic 5” in Bekasi, West Java.

Regulations

Indonesia begins electric car production with Hyundai plant

Indonesia is the world's largest nickel producer and also rich in cobalt, bauxite and copper ores, key materials in the manufacture of batteries for electric cars.

3 years ago

Krakatau Steel employees watch the production of the first hot rolled coil (HRC) steel in the company's second hot steel mill in Banten on May 17, 2021.

Regulations

EU hikes tariffs on India, Indonesia stainless steel imports

The EU said the products benefited from unfair subsidies in the form of preferential loans, duty exemptions and cheap provision of raw materials, partly because of export restrictions for those materials.

3 years ago

Indonesian Chamber of Commerce and Industry (Kadin) chairman Arsjad Rasjid (left) and Manpower Minister Ida Fauziyah (right) sign an memorandum of understanding during the Kadin national working meeting on Wednesday.

Regulations premium

Ministry to scrap restrictions on pension cash-outs

The Manpower Ministry is drafting a regulation to reverse a previous minimum age requirement for accessing pension funds.

3 years ago

Quality control: A worker of a steel factory in Cikarang industrial estate in Bekasi, West Java inspects the quality of product on Oct. 4, 2019.

Regulations

EU hikes tariffs on India, Indonesia stainless steel imports

The European Commission, which conducted the investigation, has set the anti-subsidy duties on stainless steel cold-rolled flat products at rates of between 4.3 percent and 21.4 percent, the EU official journal said on Wednesday.

3 years ago

Representatives of the Investment Coordinating Board (BKPM) and SwissCham Indonesia and the Swiss-Indonesian Chamber of Commerce (SwissCham Indonesia) sign a digital memorandum of understanding on trade and investment during an online event on March 15, 2022.

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Indonesia, Switzerland sign MoU on trade, investment

The BKPM and SwissCham Indonesia have signed an MoU to boost bilateral trade and investment.

3 years ago

Travelers walk through the international arrivals hall at Ngurah Rai International Airport in Tuban near Denpasar, Bali, on Feb. 16, 2022, after a Singapore Airlines flight arrived following a nearly two-year break due to COVID-19.

Regulations premium

Bali to extend visa on arrival to China, India

The plan is hoped to boost foreign tourist arrivals to the island province.

3 years ago

Act for Farmed Animals (AFFA) rallies in front of a McDonald's outlet in Jakarta on March 10, 2022.

Regulations

Activists urge McDonald’s to stop sourcing eggs from caged hens

Animal rights activists stages protests in front of McDonald's chains in Jakarta, Yogyakarta and Bali on Thursday.

3 years ago

A woman carries a bag of produce at a market in Bekasi, West Java, on Aug. 11, 2021.

Regulations premium

Govt to double down on cooking oil prices, raise DMO for CPO

During a market visit, the trade minister vowed to strictly enforce a cooking oil price cap and raise the domestic market obligation for crude palm oil producers.

3 years ago

A foreign currency dealer counts US dollar bills at a shop in Karachi, Pakistan, on Feb. 25, 2022.

Regulations

US to begin work on 'digital dollar': White House

Unites States President Joe Biden has announced he will order government agencies to begin work on creating a digital US dollar, White House officials said.

3 years ago

A worker stands atop a pile of coal in a truck bed at Marunda Port in Jakarta on Jan. 17, 2022, after the government eased the export ban on the commodity.

Regulations premium

High commodity prices may encourage fraud, ministry warns

The Finance Minister has cautioned against corporate fraud, particularly as regards the DMO, amid the surge in global commodities prices.

3 years ago

A young man plays with his smartphone while waiting for customers in front of his electronics shop in Jakarta on Jan. 19, 2018.

Regulations premium

Govt seeks local alternatives for imported electronics

The government wants to boost the manufacture of local substitutes for mostly imported goods like air conditioners, washing machines, personal computers, printers, LED lamps, fiber-optic cables and digital cameras.

3 years ago

A worker refills gas cylinders at Pertamina's LPG bulk filling and transportation station (SPPBE) in Bandung, West Java, on June 9, 2020.

Regulations premium

Pertamina ups LPG price, mulls raising gasoline price

State-owned oil and gas company Pertamina has increased the price of nonsubsidized liquefied petroleum gas in response to higher global prices.

3 years ago

Headquarters of the Taxation Directorate General in Jakarta.

Regulations premium

New tax amnesty rule directs funds to renewables, processing industries

Taxpayers who invest declared funds in certain industries pay lower tax on the repatriated assets.

3 years ago

Domestic use only: Heavy equipment is used to stockpile coal at the Kertapati coal terminal belonging to state-owned company PT Bukit Asam in Palembang, South Sumatra, in this undated photograph.

Regulations premium

Govt mulls plan to form new entity to collect coal levies

The levies would be used to subsidize coal for PLN.

3 years ago

An overloaded truck is driven in the Pos Pengumben neighborhood of Jakarta on Aug. 7, 2019. Such trucks often cause congestion, accidents and infrastructure damage.

Regulations

Ministry vows to get serious about overloaded trucks

Truck overloading contributes to dozens of accidents and costs billions of dollars in repairs each year, according to official estimates.

3 years ago

Work-from-home arrangements are blurring the boundaries between office work and private life. (Unplash/Nick Morrison).

Regulations premium

WFH forever? Why not, say more and more employers and employees

Work from home (WFH) has grown into more than a tool to curb the pandemic. It has defined a new standard for Indonesian business operations, paving the way for long-term, even permanent, remote work.

3 years ago

Officials take photos of wind turbines belonging to state-owned power company PLN in Sidrap, Sidenreng Rappang, South Sulawesi, on Oct. 26, 2021. With 30 turbine generators, it is the largest wind power plant in Indonesia.

Regulations premium

Indonesia aiming far too low to reach climate goals: Think tank

The country should quadruple its annual renewable investment target, says the International Institute for Sustainable Development (IISD).

3 years ago

Christopher Waller testifies before a Senate committee during a hearing on his nomination to be a member-designate on the Federal Reserve Board of Governors in Washington, DC, on Feb. 13, 2020.

Regulations

US Fed official sees big hike at March meeting, warns of Ukraine impact

The US economy is healthy enough that interest rates should go from their current zero level to 1 percent by summer, and the first hike could be twice as big as normal, Federal Reserve Governor Christopher Waller said Thursday.

3 years ago

A 600-kilowatt-peak (kWp) solar power plant on Gili Trawangan Island in Lombok, West Nusa Tenggara.

Regulations premium

Indonesia, Singapore prepare rules for solar power export

The government is working on a new regulatory framework to enable solar power exports to Singapore after signing an agreement with the city-state to form a working group on the matter.

3 years ago

A visitor (top) looks at infant formula at a stand at the 13th Shanghai International Children-Baby-Maternity industry Expo in Shanghai on July 18, 2013. China's growing economic prosperity has helped fuel demand for infant formula, with many parents suspicious of the local product after a series of food scandals including an incident in 2008 when six children died and 300,000 others fell ill after drinking milk tainted with the industrial chemical melamine.

Regulations

Baby formula makers still breaking global marketing rules: Report

From giving free samples to setting up "mums' groups", companies were found to breach the International Code of Marketing of Breast-milk Substitutes.

3 years ago

US Treasury Secretary Janet Yellen speaks at the Indonesia-led G20 high-level seminar on strengthening the global health architecture, hosted by the Indonesian Finance Ministry, on Feb. 17, 2022.

Regulations premium

G20 members, WHO back Indonesia's push for health fund

Indonesia’s push for G20 countries to establish a global fund dedicated to health care has drawn positive feedback from other countries and from the WHO.

3 years ago

Regulations

EU challenges China at WTO over tech patents

High-tech products requires a huge amount of patented technology, and Chinese companies have for years been accused of violating patent terms, unfairly punishing rivals.

3 years ago

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