The government has reinstated a ban on cantrang (trawling nets) over environmental concerns. However, the policy still allows the use of similarly destructive types of fishing equipment.

“This lower rate will hopefully increase the competitiveness of [Indonesian] palm oil products on the international market,” said Oil Palm Plantation Fund Management Agency (BPDPKS) president director Eddy Abdurrachman.

Demand for eco-friendly packaging in Indonesia is growing, partly because the pandemic has spurred astronomical growth in online shopping.

The Trade Ministry is devising new rules on e-commerce with the aim of protecting domestic producers against alleged predatory pricing by importers.

Indonesia's manufacturing purchasing managers' index (PMI) slowed to 53.2 in June from 55.3 in May as the country grappled with a fresh wave of COVID-19 cases and deaths.

Gap also said it had potential buyers for its outlets in France and Italy.

Statistics Indonesia (BPS) reported a drop in consumer prices in June, reversing part of the seasonal increase seen in May. On an annual basis, the consumer price index (CPI) was up 1.33 percent, lower than a month earlier and below estimates.

The World Bank says the share of middle-class jobs in Indonesia has shrunk due to the COVID-19 pandemic, while more people now make ends meet in agriculture.

Mitsubishi Estate on Wednesday announced its participation in the 52.1 billion yen ($470 million), 33,000-square-meter Oasis Central Sudirman complex project, its biggest undertaking in Indonesia.

President Joko “Jokowi” Widodo has decided to stick with his attempt to balance health and economic approaches amid a surge in new COVID-19 cases that risks bringing the country’s healthcare system to the point of collapse.

Passing a GeNose breathalyzer test is no longer sufficient for tourists to enter Bali, Governor I Wayan Koster has said.

A PET bottle-recycling factory inaugurated on Wednesday in Pasuruan, East Java, will help reduce waste from single-use plastic bottles.

The Indonesia Stock Exchange (IDX) booked positive growth in finances last year amid a surge in new retail investors.

A recovery in air travel could provide a tailwind for Indonesia's new low-cost carrier, Super Air Jet (SAJ), which is entering the market without the debt load burdening its competitors.

The Indonesian Chamber of Commerce and Industry (Kadin) expects manufacturers to hold back on imports of raw materials and capital goods amid reduced confidence about business prospects following the recent surge in coronavirus cases and deaths.

A Gartner survey released Monday showed the so-called "infrastructure as a service" market grew 40.7 percent last year to $64.3 billion.

Indonesia Stock Exchange (IDX) plans to keep the bourse operational amid a possible lockdown imposed in response to the surge in COVID-19 cases over the past few days.

Uneven sales growth across product segments and among pharmaceuticals, even SOEs, indicates that the pandemic has not brought fortune to the domestic industry as a whole.

The bill would introduce higher income taxes on wealthy citizens, tiered value-added tax (VAT) rates, a second tax amnesty and carbon taxes on high-emission goods and services, among other things.

Fears over the spread of the highly infectious Delta variant are denting sentiment at a time markets are on edge after the Fed shocked traders with a hawkish tilt earlier this month.

Hong Kong Jindi Group resumes production at a gas block in South Jambi that was inactive for nine years.

How to treat the tourism sector during the COVID-19 pandemic is dilemmatic. On the one hand, promoting tourism activities will increase people’s mobility, thus heightening the probability of COVID-19 spread. On the other hand, we need to support tourism businesses as they have been under pressure for more than one year, pushing some business players to exit the sector after suffering heavy financial losses.

The path is clear for Arsjad Rasjid, president director of publicly listed coal mining firm Indika Energy, to become the chairman of the Indonesian Chamber of Commerce and Industry (Kadin) after a leadership race ended just before the final decision.

Indonesia and China are closer than ever to reducing their reliance on the US dollar as they plan to start using their own currencies for bilateral trade and investment within weeks.

PT Medco Energi Internasional, the country’s second-largest oil and gas company, booked US$5.11 million in the January to March period, reversing the quarterly net loss the company booked in the same period last year.

The national share of households with a home of their own has fallen markedly over the past two decades. Jakarta recorded the lowest share last year. What lies behind the numbers?

The suit—regarding Chinese exports of train wheels, wind turbines and stainless steel sinks -- comes a week after Canberra challenged Beijing's crippling tariffs on Australian wine exports.

Restructuring loans saved Indonesian banks from high loan default rates last year but now, banks are coming to terms with the fact that they might need to restructure loans throughout 2022, chipping away at their profits along the way.

Tesla would contact affected users to upgrade their vehicle's software remotely for free, a State Administration of Market Regulation (SAMR) notice said, adding that it affects some imported and domestically manufactured Model 3 and Model Y vehicles.

Tokyo deposited its ratification instrument with the ASEAN Secretariat, making it the third member to do so toward the possible enforcement of the 15-nation RCEP by the end of the year.