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Uncertainty surrounds the rollout of the Red and White Cooperatives (KDMP) program as village cooperative managers grapple with changing regulations and unclear funding.
16 hours agoIndustry players warn that a push to diversify investment in Indonesia’s minerals sector under the Agreement on Reciprocal Trade (ART) signed with the United States last week must not disrupt the nickel ecosystem. ...
1 day agoFollowing the expiry of the Feb. 24 implementation deadline, the government is preparing to assess the EU's compliance with a 2025 WTO dispute ruling over its discriminatory policies against Indonesian palm oil. ...
1 day agoCalls for reform are being reinforced by Foreign Ministry warnings over a surge in cases involving migrant workers.
5 months agoEven prior to Dony Oskaria’s appointment, analysts had suggested the removal of Erick Thohir could lead to the dissolution of the SOEs Ministry or its merger with Danantara.
5 months agoThe Financial Services Authority (OJK) has backtracked on plans to make cost-sharing mandatory in health insurance policies.
5 months agoSpanning 2.5 million hectares across three national parks, the TRHS is a UNESCO World Heritage site recognized for its role in conserving biodiversity and protecting endangered species.
5 months agoThe government has said it will not renew the incentive scheme, which since 2024 has allowed automakers to import completely built-up (CBU) EVs without paying import duties, luxury tax or value-added tax (VAT).
5 months agoExperts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.
5 months agoBank Indonesia (BI) has cut its benchmark interest rate in a surprising move hours before its United States counterpart is expected to reduce borrowing costs in the US as well.
5 months agoThe amount is contingent on the effective rollout of the Rp 130 trillion program budgeted by the state asset fund for microcredits in 2025, with just three months remaining for state lenders to disburse the loans.
5 months agoThe government's latest stimulus package must be managed efficiently and be supported with other policy measures that address deeper problems for long-term benefits, experts say.
5 months agoConcerns about the independence of the central bank have been mounting following the announcement of a "burden sharing" deal that will see BI increase the interest it pays on government deposits to fund state programs.
5 months agoVietnam has asked the United States to reconsider a decision that could lead to a ban on some Vietnamese seafood exports to the American market starting next year, a potential blow to an economy already hit by US tariffs.
5 months agoThe Chinese market regulator's announcement comes as the US and China hold trade talks in Madrid, where chips, including the ones made by Nvidia, are expected to be on the agenda.
5 months agoA newly issued regulation due to take effect in November formalizes the OJK's policy to boost loan disbursement for MSMEs through eased access as part of its credit flow revitalization strategy.
5 months agoThe government aims to encourage household spending and boost growth with a year-end stimulus package, the third such measure after those January and June.
5 months agoThough the United States decided against deportation, images of the workers being chained and handcuffed during the raid caused widespread alarm in South Korea.
5 months agoA new House proposal for Danantara to invest in domestic fertilizer factories aims to tackle the industry's long-standing issue of import dependency as part of a strategy to overhaul the subsidized fertilizer system.
5 months agoExperts warned that the regulation could further hurt the domestic ethanol downstream sector, even as Indonesia plans to launch a mandatory ethanol-based biofuel program.
5 months agoThe new formula introduces a tiered system where companies will receive additional credit for labor and overhead if they produce in-house, and a lower score if they rely on contract manufacturers.
5 months agoWeda Bay Nickel is a joint venture of Indonesia's Antam and Singapore-based Strand Minerals, whose shares are divided between French mining giant Eramet and Chinese steel major Tsingshan.
5 months agoThe government has announced plans to shift some state deposits from the central bank to commercial banks to allow for more loan disbursements and thereby invigorate private sector activity in a bid to achieve 6 to 7 percent gross domestic product growth.
5 months agoFinance Minister Sri Mulyani Indrawati was chairing a meeting with top ministry officials when she received a call from President Prabowo Subianto's office informing her she would be replaced within an hour, two sources said, underscoring the abruptness of the longtime finance czar's sacking.
5 months agoDespite the government’s push to source more supply from state-owned Pertamina as a short-term solution, industry players remain reluctant to comply.
5 months agoThe House of Representatives is drafting an omnibus bill to establish an agency for managing strategic commodities.
5 months agoNegotiations on the upgrade concluded in May, paving the way for improved market access in sectors such as agriculture, the digital economy and pharmaceuticals between China and the 10-member state ASEAN bloc, with Beijing seeking to position itself as the "more open" major economy, while US President Donald Trump continues to target the region with punitive trade curbs.
5 months agoThe Indonesian Employers Association (Apindo) has warned against a potential hike in the tobacco excise as the government looks to beef up state revenue next year without increasing taxes.
5 months agoThe recently completed draft regulation on waste, which eliminates tipping fees, has been hailed as a means of reviving long-delayed WtE projects, but issues like land availability and unfairly burdening private developers remain.
5 months agoThe initiative, which could cost around US$100 billion, would involve building solar farms of 1 to 1.5 hectares in villages of every subdistrict across the archipelago.
5 months agoAt 12.46 percent of the overall cost of living, Indonesians spend significantly more on transportation than the global average, according to Transportation Ministry data.
5 months agoThe central bank has announced a continuation of its burden-sharing scheme with the government and has purchased trillions of rupiah worth of government bonds this year, but an economist questions the legal basis for continuing a policy initially intended as a crisis response.
5 months agoThe at-risk stock is suspected to be a mix of imported rice from mid-2024 and lower-quality unhusked rice previously procured by Bulog.
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