Tourism and Creative Economy Minister Sandiaga Uno has announced a plan to begin a “vaccine vacation” program in Bali for domestic and international tourists. But the scheme has been met with skepticism as the country faces a severe COVID-19 surge.

Garuda Indonesia is mulling over ways to extricate itself from a debt crisis, and one of the favored options involves creating a new national flag carrier. 

Retail industry representatives consider the latest micro-scale public activity restrictions (PPKM Mikro) light compared to last year’s tighter large-scale social restrictions (PSBB) that hammered commercial activity.

E-commerce Bukalapak is reportedly going public on the Indonesia Stock Exchange (IDX) on July 29, as stated in a leaked mini public expose document.

But after the shift, he received another notice -- authorities in southwestern Sichuan were also putting a stop to the industry, in a turbulent year that has lost his company millions.

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.

The BPK has expressed concern over the national debt, noting that the country's interest payments amounted to 19.06 percent of state revenue last year, far exceeding the IMF's recommended 7 to 10 percent.

Antam has launched smaller gold bars aimed at lower-income households and gold jewelry aimed at middle-upper income households.

Indosat Ooredoo, Indonesia’s leading digital telecoms company, has launched the first commercial 5G service in Solo, Central Java.

Kredivo has received another capital injection of US$100 million from Victory Park Capital Advisors to expand its business, making the US firm the largest investor in the Indonesian fintech lending start-up.

Indosat has launched a commercial 5G service in selected areas of Jakarta, Surakarta, Surabaya, Balikpapan and Makassar and plans to expand the high-speed connectivity to five more cities by year-end.

State-owned electricity company PLN has introduced cofiring at 17 of its coal-fired power plants as it vows to meet its renewable energy target by 2025.

Micro and small enterprises are lagging behind their medium-sized and large peers in obtaining licenses for the distribution of processed food products. Such licenses would help them sell their goods at home and abroad.

Digital payment is becoming more and more prevalent in Indonesia. This shift began when banks began adopting digital channels, such as phone, SMS and/or mobile banking around three decades ago. These are more "conventional” digital payments.

In anticipation of a downturn precipitated by the "second wave" of COVID-19 infections across Java, the Finance Ministry has decided to extend its tax incentives while fine-tuning their targeted sectors.

The Finance Ministry expects the recent COVID-19 surge to negatively affect second-quarter economic growth.

Myanmar’s military coup d'état in February has forced Indonesian businesses to make adjustments to their operations or even shift exports to other countries. The coup’s impact on trade with Indonesia may last until next year, says an economist.

The 225-issue Nikkei Stock Average ended down 953.15 points, or 3.29 percent, from Friday at 28,010.93, its lowest closing since May 17. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 47.11 points, or 2.42 percent, lower at 1,899.45.

The Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will be Indonesia’s second comprehensive trade agreement with a country from the Americas after Indonesia ratified a CEPA with Chile in 2019.

Indonesia’s currency has been on a downward trend since June 14, a day before the latest Federal Open Market Meeting (FOMC).

Chinese mines power nearly 80 percent of the global trade in cryptocurrencies despite a domestic trading ban since 2017, but in recent months several provinces have ordered mines to close as Beijing turns a sharp eye to the industry.

BRI is to expand its microfinance services in the MSME sector under a planned SOE holding company it is set to lead.

The five bills, due for a committee vote on Wednesday, could pave the way for a reorganization or breakup of giants such as Google, Facebook, Apple and Amazon while reshaping the entire internet ecosystem.

It took a common threat for the US and Europe to finally put an end to their dispute this past week, as the two sides signed a five-year truce suspending tit-for-tat tariffs.

Global arabica coffee prices rose 16 percent year-on-year to US$3.63 per kilogram in the first quarter of 2021, continuing a longer-term uptrend, but Indonesian coffee farmers have seen no better future.

Indonesia and the United Arab Emirates (UAE) ratified a tax treaty set to avoid double taxation and income tax evasion, giving legal certainty to people and businesses about taxation rights and incentives.

The government has once again banned the export of lobster larvae over concerns about environmental sustainability and corruption arising from the business.

Indonesia's sovereign wealth fund is looking to purchase toll roads from state-owned enterprises in a bid to reduce their alarming debt ratios of above 2.0 in quarter two of 2020.

"Using e-commerce is actually expensive despite the many promos it offers," said Marwah Devianty, owner of homemade snack brand Mamichin.

The Indonesia Stock Exchange (IDX) has temporarily halted trading of Garuda Indonesia shares after the national flag carrier failed to make timely coupon payments on its global sukuk.