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Indonesia rolls out B40 policy for diesel imports, emission cuts starting this month
The Ministry of Energy and Mineral Resources (ESDM) began the implementation of the B40 biodiesel policy on Wednesday, January 1, 2025, with the prime target of emission reduction and cut imports cut.
East Ventures prioritizes investment on climate tech, AI, health and consumer sectors
East Ventures, an Indonesian venture capital firm, has announced climate technology, health, consumer, and Artificial Intelligence (AI) as its priority investment sectors this year.
Housing Minister announces 40,000 homes built as part of 3 million housing program
Minister of Housing and Settlement Areas, Maruarar Sirait, says that the government has built 40 thousand houses as part of the program to build 3 million houses per year as of Tuesday, January 7, 2025.
Indonesians’ Paylater debts soar, driving BNPL growth and rising loan defaults
The Financial Services Authority (OJK) revealed that Indonesian Paylater debts jumped by 48 percent from the same period of the previous year to Rp20.5 trillion (US$1.3 billion), while the Buy Now Pay Later (BNPL) receivables in financing companies and banks were recorded at Rp30.36 trillion.
KPPU targets resolution, fines payment of Google monopoly case
The Business Competition Supervisory Commission (KPPU) is targeting the case of alleged Google monopoly violations through Google Play Store and its Google Play Billing (GBP) to be resolved this month, with Google being the subject to a sanction of 50 percent of the net profit of the GBP application.
Salt industry faces challenges, focuses on quality improvement, expansion
The Indonesian Food and Beverage Entrepreneurs Association (GAPMMI) reveals that locally produced salt cannot yet be used in the food and beverage industry, with product damage reaching 60 percent in the production process.
Prabowo-Gibran's MBG pogram projected to increase to Rp420 trillion
One of the flagship programs of President Prabowo Subianto and Vice President Gibran Rakabuming Raka − the Free Nutritious Meals Program (MBG) − which has been operational since January 6, 2025, is projected to have a budget increase to Rp420 trillion (US$26 billion).
MIND ID plans expansion of SGAR Mempawah to boost production, save foreign exchange
Indonesia’s state-owned mining holding company, MIND ID, plans to increase the capacity of its smelter grade alumina refinery (SGAR) located in Mempawah, West Kalimantan.
Qatar augments housing development commitment in Indonesia
Fahri Hamzah, Deputy Minister of Housing and Settlement Areas, reveals that Qatar is committed to building six million homes in Indonesia, a considerable spike from earlier commitment of one million homes.
Govt asked to revoke controversial reclamation and sea sand mining regulation
The Indonesian Environmental Forum (WALHI) urges the government to abolish Government Regulation (PP) No. 26/2023 on reclamation and sea sand mining as it has the potential to damage the environment.
PLN looks to solar power plants amidst rare large area for EBT
State power utility PT PLN (Persero) noted that it has found obstacles in the development of new renewable energy (EBT) in Indonesia due to limited large areas available for the project.
Government reaffirms commitment to IKN development despite budget adjustments
The Prabowo Subianto-Gibran Rakabuming Raka administration has maintained its commitment to continue the development of the Nusantara Capital City (IKN) although the portion of the State Budget (APBN) will be reduced in line with the State’s financial condition.