Policy
Govt remains open to foreign operators despite U.S. criticism of QRIS system
Coordinating Minister for the Economy, Airlangga Hartarto, has emphasized that Indonesia remains open to foreign operators, despite the United States criticizing Indonesia's payment system policy, especially regarding the Quick Response Code Indonesia Standard (QRIS) and the National Payment Gateway (GPN).
Indonesia asks IMF to reinforce global trade amid rising tensions
Governor of the Indonesian Central Bank (BI) Perry Warjiyo has called for a stronger role by the International Monetary Fund (IMF) in safeguarding global economic stability in the face of rising trade tensions and protectionist policies, particularly from major economies such as the United States.
Prabowo unveils strategic roadmap for Danantara
President Prabowo Subianto has outlined the strategic direction of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), marking the beginning of operations for Indonesia’s newly established sovereign investment authority.
RI accelerates push toward EV, but deals with price and infrastructure hurdles
As part of its ambitious goal to achieve Net Zero Emissions (NZE) by 2060 − or sooner − Indonesia is intensifying efforts to reduce greenhouse gas emissions by 29 percent by 2030, mainly through electrification of transportation, supported by government incentives to boost the popularity of environmentally friendly vehicles.
Praise for Coretax, tax revenue increases significantly in March: Sri Mulyani
The Ministry of Finance has noted that state tax revenue in the first quarter of 2025 was recorded at Rp322.6 trillion (US$20.6 billion), down 18.1 percent compared to the same period last year.
Finance ministry targets illegally operating sectors to boost tax revenue
Minister of Finance Sri Mulyani Indrawati said the government is intensifying efforts to expand the country’s tax base by targeting previously untapped sectors, including those operating illegally.
Government finalizes selection of New Director General of Oil and Gas
The Ministry of Energy and Mineral Resources (ESDM) has finalized the selection of the new Director General of Oil and Gas, including a 30-minute interview with each candidate, assessment on written papers and evaluation by the ministry's secretariat on five candidates interviewed in late April.
Bapeten rejects initial evaluation on Thorcon nuclear power plant site
The Nuclear Energy Regulatory Agency (Bapeten) has rejected the Site Evaluation Program (PET) and the Site Evaluation Management System (SMET) documents submitted by PT Thorcon Power Indonesia (TPI) for the construction of a molten salt reactor (MSR)-based Nuclear Power Plant (PLTN) on Kelasa Island, Bangka Belitung over technicalities.
Aprobi urges regulatory clarity as Indonesia targets 500 bioethanol plants
The Indonesian Biofuel Producers Association (Aprobi) has requested clarity on government regulations regarding the use of bioethanol domestically, suggesting that the plan to build 500 bioethanol factories requires clear regulations.
Minister secures Rp400 billion to build, renovate homes for 3 million housing program
Minister of Housing and Settlement Areas (PKP) Maruarar Sirait has received private sector social responsibility (CSR) funds of around Rp400 billion (US$24 million) that will be used to build 1,750 new houses and renovate 3,500 houses under the government’s 3 million housing program.
New ESDM Ministry rule offers hope for accelerated energy transition, creates gaps
Experts have warned that the Minister of Energy and Mineral Resources (ESDM) Regulation No. 10/2025 on Energy Transition Roadmap for the Electricity Sector that is meant as a legal framework for early retirement of coal-fired power plants (CFPPs) lacks critical details and may hinder Indonesia's climate goals if not improved.
AHY pushes Kertajati Airport development into national aerospace hub
Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), is pushing for the development of West Java International Airport (BIJB) Kertajati, into an aerospace industrial area (Aerospace Park) aimed at strengthening new economic growth in the Majalengka area, West Java.