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View all search resultsThe New York Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.
15 hours agoState asset fund Danantara has announced a major overhaul of bonus and compensation rules for SOE directors and commissioners, aligning rewards with global standards. ...
21 hours agoWhile many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online. ...
1 day agoExperts from CELIOS and the EIU have both cautioned of potential economic repercussions from the recently passed TNI Law revision, particularly as regards the investment climate vis-à-vis external perceptions of Indonesia's democracy.
4 months agoThe trade minister says the government is preparing several strategies to stave off potential impacts of impending US tariffs and any miscommunication over Prabowo's food self-sufficiency agenda, as the country still relies on certain agricultural imports.
4 months agoJETP, a financing commitment from rich nations and global lenders to help poorer nations adopt cleaner energy, has earmarked $20 billion to help Indonesia cut its emissions.
4 months agoAnalysts caution that the fund’s success will hinge more on its execution than on the prominence of its board members.
4 months agoThe government has formed a task force to accelerate the energy transition and green economy development in the country as part of its effort to achieve its targets in both areas as per the 2025-2029 National Medium-Term Development Plan (RPJMN).
4 months agoNational Economic Council (DEN) chair Luhut Pandjaitan says that bank account ownership for every household in the country would play an important role in GovTech, paving the way for targeted social aid disbursement.
4 months agoThe President and the DEN head have both stressed the need to cut red tape for the benefit of businesses operating in the country as well as to lure new companies to set up shop.
4 months agoOffices in Jakarta are shifting toward green practices as developers seek to leverage growing market demand for environmental compliance amid an excess supply of office space.
4 months agoCoordinating Economic Minister Airlangga Hartarto said developing SEZs had been a key strategy among Southeast Asian nations to attract investment and that Indonesia lagged behind with only 24 SEZs covering a total of 21,000 hectares.
4 months agoWith overall sentiment sliding due to policy "turmoil," prices are projected to rise faster than expected at least in part and perhaps largely because of President Donald Trump's plans to levy duties on imports from US trading partners.
4 months agoA weak rupiah exchange rate limits Bank Indonesia’s scope for further monetary policy easing at this time, but the central bank is pinning its hopes on the appeal of Indonesian stocks and bonds to lift the currency’s worth.
4 months agoIndonesia's financial regulator said on Wednesday it would temporarily loosen share buyback rules following the worst market fall in more than a decade.
4 months agoAptrindo has announced that around 500 freight transportation companies in Greater Jakarta plans to hold a strike from March 20 to 21 to protest the government's policy restricting trucking operations over this year's 16-day collective leave for Idul Fitri.
4 months agoUS President Donald Trump has imposed extra import tariffs on Chinese goods since taking office in January, as well as placing levies on key trading partner Canada, another key source of cobalt, used in aerospace, for the US
4 months agoThe move to increase mining royalties takes place as the government has seen a more than 30 percent decline in tax revenue that accounted for more than half of state revenue in the first two months of this year.
4 months agoWhile coal gasification technology is not new, very few have ever applied the technology because of its poor economic returns with companies expecting huge incentives to make it worthwhile.
4 months agoLawmakers and business associations have urged the government to set up an Indonesian tourism board to promote the country as a travel destination and support the industry.
4 months agoYuliot said that plastic waste will be processed using pyrolysis technology to produce fuel oil. Meanwhile, organic waste will be used to produce bioenergy “in the form of either biogas or biomass.”
4 months agoThe OJK is cooking up a new set of rules in an effort to curb the growing phenomenon of "finfluencers" and protect consumers from potential losses through unlicensed financial advice on social media.
4 months agoAgriculture Minister Amran Sulaiman seeks to avert a massive reduction in his ministry’s funding, arguing that the measure would jeopardize the government’s efforts to achieve self-sufficiency in food production.
4 months agoThe government is looking to hike royalties on several mining products by varying amounts based on the contract types and prices.
4 months agoThe country’s newest sovereign wealth fund will prioritize the use of natural gas to support the country’s downstream industries and as a transition energy on the way toward cleaner power, according to the energy ministry.
4 months agoThe government plans to utilize 221,000 hectares of confiscated oil palm plantations, much of it protected forest land, to continue planting oil palm as part of its effort to achieve energy security.
4 months agoAt least 12 members of the Indonesian Solidarity Party (PSI), including PSI secretary-general Raja and deputy chair Andy Budiman, have been appointed to the program’s Operation Management Office (OMO).
4 months agoInvestment and Downstream Minister Rosan Roeslani told reporters on Friday that he reaffirmed the government’s plan to involve Dalio as one of the members of the advisory board of the country’s latest sovereign wealth fund Danantara.
4 months agoApple now needs to obtain a series of certificates and approvals from various ministries, the statement said.
4 months agoRupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.
4 months agoThe Indonesia Just Energy Transition Partnership (JETP) secretariat has insisted that the complete withdrawal of the United States from the program will have little effect on the overall climate funding for the country, stressing that some ongoing deals will still commence as planned.
4 months agoBanking on its large share of the thermal coal market, Indonesia wants its domestic benchmark to inform international pricing, but importers are reluctant to go along, causing uncertainty for export deals.
4 months agoIn total, Bali electricity demand is estimated to exceed 1.2 gigawatts (GW), but it only produces 961 megawatts (MW) from power plants on its soil, according to Global Energy Monitor data in 2023.
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