Policy
Government probes 10 major rice companies over quality violations
The government has launched an investigation into alleged quality standard violations by 10 of the country’s largest rice producers upon orders from President Prabowo Subianto to root out mafia practices in the rice industry.
Yearly RKAB could undermine investment, govt should keep 3-year system: APNI
The Indonesian Nickel Miners Association (APNI) has raised concerns over the government's plan to revert the validity period of the Work Plan and Budget (RKAB) from three years back to one year, warning that the move could disrupt investment certainty, operational efficiency, and national economic contribution from nickel mining.
House confirms Ricky Perdana Gozali as New BI Deputy Governor
The House of Representatives (DPR) has approved Ricky Perdana Gozali as Deputy Governor of the Indonesian Central Bank (BI) for the 2025–2030 term following a fit and proper test conducted by the House’s finance and monetary affairs Commission XI.
Indonesia to reinstate RKAB system to tackle oversupply, market manipulation
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has announced that the government will return to issuing annual mining work plan permits (RKAB) starting in 2026, in an effort to address oversupply, price instability, and poor regulatory oversight in the country’s mineral and coal sectors.
Free nutritious meals program hits only 7 percent budget use amid fiscal deficit concerns
Minister of Finance Sri Mulyani Indrawati has disclosed that only Rp5 trillion (US$308 million) of the Rp71 trillion allocated for Indonesia’s Free Nutritious Meals (MBG) program has been spent as of the end of June 2025 − just 7 percent of the annual state budget allocation for the program, a key initiative of President Prabowo Subianto.
House assigns Danantara to work with Commissions VI and XI
The House of Representatives (DPR) has appointed its Commission VI and Commission XI as parliamentary partners for the newly established State investment management agency Daya Anagata Nusantara (BPI Danantara).
Government begins inventory of illegal oil wells, targets July completion
The Ministry of Energy and Mineral Resources (ESDM) has launched an inventory taking of community-operated illegal oil wells across 10 priority regions, with completion targeted by the end of July 2025.
RI targets 70% utilization in textile industry as new import rules take effect
Deputy Minister of Industry Faisol Riza has expressed confidence that Indonesia’s textile and textile product (TPT) industry can reach a 70 percent utilization rate in the second half of 2025 in anticipation of the upcoming implementation of a revised trade regulation aimed at curbing excessive imports and revitalizing domestic manufacturing.
North Sumatra governor to testify in KPK probe into graft case at public works agency
North Sumatra Governor Bobby Nasution has expressed his readiness to testify before Corruption Eradication Commission (KPK) investigators over a corruption case that has led to the arrest of the Head of the province’s Public Works Agency, Topan Obaja Putra Ginting.
Prabowo inaugurates SE Asia's largest battery project, reaffirms downstream industrialization
President Prabowo Subianto officiated on Sunday, June 29, 2025 the groundbreaking ceremony of Southeast Asia’s largest integrated electric vehicle (EV) battery industry ecosystem, a collaboration between ANTAM, Indonesia Battery Corporation (IBC), and Contemporary Amperex Technology Ltd. (CBL), in Karawang, West Java.
Indonesia's global competitiveness ranking drops to 40th, raising investor concerns
Indonesia has experienced a significant drop in its global competitiveness, falling 13 places to rank 40th out of 69 countries in the World Competitiveness Ranking (WCR) 2025 released by the Institute of Management Development (IMD).
Govt sets up investment desk in Batam to accelerate investment realization
In an effort to accelerate investment realization and boost economic growth, the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has established an Investment Desk in Batam’s Free Trade and Port Zone (KPBPB).