The Constitutional Court (MK) has revoked the special mining permit (IUPK) guarantee for the work of private-sector mineral and coal mine contract holders.

Based on a recently passed law, the plan to tax non-wage compensation is aimed at expanding tax-collection efforts.

Japan has committed US$25 million grant to the plan.

The Finance Ministry expanded its incentive program on the belief that the COVID-19 pandemic is still weighing on businesses.

The alliance brings together some 450 banks, insurers and pension funds with US$130 trillion in assets.

Indonesia has gained international cooperation to pursue recalcitrant taxpayers beyond its borders.

Nasdaq and S&P 500 futures gained on Thursday after the US Federal Reserve announced plans to wind down its massive bond-buying stimulus program.

Indosat Ooredoo and Cisco have announced their partnership and signed a memorandum of understanding (MoU) on a potential collaboration to develop next-generation connectivity solutions for businesses of all sizes and across various industries.

With prices for energy, metal and agricultural resources near record highs, some believe a new commodity supercycle is upon us as the world emerges from the pandemic. Others have doubts.

The Indonesian Employers Association (Apindo) seeks to constrain the 2022 minimum wage by demanding that an increase be based on the Job Creation Law rather than on labor union demands.

Indonesia is close to seeing another unicorn emerge as the OTT media service reaches a valuation of $900 million after bagging its first investment worth $150 million.

Some delegates say the US-China relationship is crucial for meaningful progress on global climate action at the summit.

The effort entails developing "low-emission technologies" including carbon capture and electric vehicles.

South Africa plans to use the funds to repurpose coal plants, develop low-emission technology industries, and create alternative job opportunities for coal miners.

President Joko “Jokowi” Widodo has signed a presidential regulation on the economic value of carbon, marking a key step in Indonesia’s effort to deliver on its nationally determined contribution and its net-zero pledge.

State-owned electricity company PLN has announced a plan to convert and optimize power plants to achieve net-zero emissions by 2060 in its Zero Carbon 2060 roadmap.

Manufacturing activity in Indonesia has reached a record-high, but supply shortages are causing concern about rising input costs.

Finance Minister Sri Mulyani said in a recent dialogue with Asia House that Indonesia would need at least $5.7 billion every year to fund its green energy transition.

Asian shares were mixed on Tuesday and currencies held tight ranges as nervous investors awaited several key central bank meetings that could set the tone for risk appetite heading into next year.

Experts have revealed that the rise in urban populations across Asia has led to shortages of affordable housing in numerous cities.

The proposals comes as Australia eases international travel restrictions, and as Indonesia reallows international flights into Bali.

The number of internet users continued to increase last year but at a slower pace than in 2019.

The transportation spending group, especially airfares, was the largest driver of inflation in October.

From developing port terminals to industrial zones, an investment partnership by the UAE-based logistics company and the Indonesia Investment Authority (INA) could rise to $7.5 billion.

Several banks have upped their loan growth targets for the coming year as they aim to increase lending on the back of a recovering economy.

Tokyo's key Nikkei 225 index opened more than two percent higher on Monday as investors cheered general election results showing a victory for Prime Minister Fumio Kishida.

In Southeast Asia, one of the world’s fastest growing regions, the need for green energy has never been clearer than in recent years.

President Jokowi said recently that he wanted to stop bailing out SOEs, but a few months earlier, the government had proposed Rp 72 trillion for such bailouts.

The homegrown brand aggregator plans to acquire controlling stakes or full ownership of small enterprises, depending on the founders’ preferences.

PT Vale Indonesia saw its revenue rise 20 percent year on year (yoy) to $686.43 million as growing volumes and prices more than offset the nickel giant’s higher cost of revenue.