Policy
Indonesia to streamline waste-to-energy investment with new presidential regulation
The Indonesian government is taking measures to accelerate its waste-to-energy initiatives by involving state investment body BPI Danantara and simplifying licensing processes as part of the effprts to attract more investors and modernize urban waste management.
Global investors committed Rp12.3 T to IKN public housing projects
The Nusantara Capital City (IKN) Authority reveals that foreign investment in the construction of residential towers in the country’s new capital city has reached approximately Rp12.3 trillion (US$760 million).
Borobudur readied for Macron’s visit
The government is making final preparations to host French President Emmanuel Macron in his three-day State visit from May 27 to 29, 2025, with a symbolic tour of Borobudur Temple in Magelang, Central Java, being among the highlights of the itinerary.
Bahlil threatens to revoke Inpex's Masela Block permit over delays
Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has issued a stern warning to Japanese oil and gas company Inpex, threatening to revoke its permit to operate the Masela Block if the company continues to delay its project development.
Finance ministry has three new directorates
Minister of Finance Sri Mulyani Indrawati officially inaugurated a sweeping leadership reshuffle within the Ministry, announcing the formation of three new directorates aimed at strengthening Indonesia’s fiscal policy, financial sector stability, and financial intelligence capabilities.
OJK unveils strategic policies to strengthen Indonesia's insurance sector
The Financial Services Authority (OJK) has outlined four strategic policy directions aimed at strengthening the national insurance industry as well as emphasizing financial health, efficiency, and consumer protection.
Celios names 14 funding sources to advance RI’s socio-bioeconomic transformation
The Center of Economic and Law Studies (Celios) has outlined 14 potential funding sources that could support Indonesia’s transition to a socio-bioeconomic model − an innovative approach integrating social equity, ecological preservation, and economic development.
Indonesia strengthens EV battery industry through strategic partnership
President Prabowo Subianto has instructed the Daya Anagata Nusantara Investment Management Agency (Danantara), to join forces in a joint venture with China’s Huayou and Contemporary Amperex Technology Limited (CATL) aimed at expanding the nation's footprint in EV battery manufacturing and address funding challenges in major green technology projects.
Government to offer 60 new oil&gas working areas in the next two years
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has reaffirmed its commitment to accelerating energy security and boosting investor confidence through increased upstream investments and production capacity.
House to draft special law on online transportation to regulate ride-hailing services fairly
The House of Representatives (DPR) is preparing to draft a dedicated law on online transportation services, aiming to provide a legal framework separated from current traffic and road transportation regulations.
KPPU warns of law violation in potential Grab-GoTo merger
Indonesia’s Business Competition Supervisory Commission (KPPU) has issued a public warning regarding the potential merger between tech giants Grab and GoTo, emphasizing the importance of compliance with national competition laws.
ESDM ministry: CCS business potential to drive economic growth
The Ministry of Energy and Mineral Resources (ESDM) has continuosly disseminated the importance of developing Carbon Capture and Storage (CCS) technology in line with the global push to reduce CO2 emissions and the increasingly promising business opportunity and its considerable impact on the country’s economic growth