"For us, our farmers' welfare is supreme," Modi said at an event in New Delhi. "India will never compromise on the wellbeing of its farmers, dairy (sector) and fishermen. And I know personally I will have to pay a heavy price for it," he said.

Indonesia produces about 160 tonnes of gold annually but retains relatively little domestically.

Developers and experts in the property industry have hit back at the government's proposed housing offtake agency, raising questions about funding and staffing as well as concerns regarding added inefficiencies, especially amid the ongoing slew of costly flagship projects.

BGN has spent Rp 7.9 trillion of its budget to serve 8.2 million recipients and expects that figure to rise significantly by the end of the year.

The move is a response to the recent copyright infringement case involving PT Mitra Bali Sukses, the operator of the popular Mie Gacoan noodle franchise in Bali, which has sparked public debate.

There are currently 1,200 civil servants in Nusantara, supported by up to 5,000 construction workers.

Last year, ahead of President Prabowo’s inauguration, the government revoked the international status of 17 airports to eliminate underperforming ones and improve the struggling post-pandemic aviation sector.

The PPATK announced that it had reactivated 28 million blocked dormant accounts on Thursday in response to public backlash following a meeting between PPATK head Ivan Yustiavandana and President Prabowo Subianto a day earlier.

The 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.

State asset fund Danantara has announced a major overhaul of bonus and compensation rules for SOE directors and commissioners, aligning rewards with global standards.

While many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online.

Trump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy.

Trump set rates including a 35 percent duty on many goods from Canada, 50 percent for Brazil, 25 percent for India, 20 percent for Taiwan and 39 percent for Switzerland, according to a presidential executive order.

Since World War II, most politicians and economists view free trade as a pillar of globalisation, enshrined in the 1947 signing of the GATT accord.

The government's new “community oil well” initiative aims to reactivate idle wells under the operation of MSMEs as a means of boosting national output, with initial sales slated to begin on Aug. 1.  

Indonesia’s commitment to import $15 billion worth of oil and gas from the United States under a recently agreed bilateral trade deal clashes with the country’s long-term objectives for energy security and diversification.

The Industry Ministry plans to revise local content requirements (TKDN) following the recent trade agreement reached with the United States, in which Indonesia has agreed to remove TKDN requirements for US firms.

In a bid to accelerate absorption and address the national backlog, the housing ministry has proposed setting up a Bulog-like agency to purchase completed homes from developers for reselling to the market under the government's "3 million homes" program.

The government plans to use the simplified categories "special" and "regular", with Bappenas to set the standard price for the latter, to combat the illicit practice of blending different grades of rice for selling at premium prices, which the President has condemned as a brazen "criminal act".

Energy and Mineral Resources Ministry secretary general Dadan Kusdiana insists that critical mineral exports to the US will remain strictly regulated under domestic laws, despite a new bilateral agreement to remove trade barriers.

Indonesia also agreed to remove local content requirements for US firms, recognize US standards for vehicle and medical products, drop onerous licensing on US farm goods while recognizing US regulatory oversight and lift labeling and pre-shipment inspection mandates.

Without mandatory government blending program and subsidy mechanisms, the biodiesel market would not be commercially viable, experts say.

Industry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.

Critics have warned that Southeast Asia’s largest economy’s push to adopt B50 by 2026 may carry significant environmental and economic risks, such as deforestation, land-use conflicts and biodiversity loss.

The Alliance for American Solar Manufacturing and Trade says Chinese-owned companies shifted production from nations that received US tariffs to Indonesia and Laos.

As the government rushes ahead to meet the KMP program's launch date on July 21, it risks leaving behind necessary legal support, including a Finance Ministry regulation currently being drafted and the Cooperatives Law revision being deliberated at the House.

The rupiah was under pressure in the first half of the year, trading near its lowest levels since the Asian financial crisis on the back of US President Donald Trump's sweeping tariffs.

The HKI is urging the government to fulfill its fixed priced for industrial gas, or else open the door to imports if the available domestic supply was not enough to meet demand.

The move came after US President Donald Trump threw months of painstaking negotiations with the EU into disarray by threatening to impose tariffs of 30 percent on the bloc's goods if there is no deal by August 1.

In line with President Prabowo's "3 million homes" program, the MSMEs and housing ministries are preparing to devise a special microcredit scheme for housing next year with a cap of Rp 430 trillion.