Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Government simplifies environmental approvals for public EV charging stations
The Ministry of Energy and Mineral Resources (ESDM), is introducing measures to streamline the environmental approval process for EV Public Charging Stations (SPKLU) operators, aimed at bolstering the Battery-Based Electric Motor Vehicles (KBLBB) ecosystem.
President Jokowi to regulate social media-based e-commerce to protect small business
President Joko "Jokowi" Widodo has emphasized that regulations will soon be prepared to control social media-based electronic commerce or e-commerce through relevant ministries.
Plan to label coal power plants as 'green' criticized by experts
Indonesia's move to categorize coal-fired power plants industries as sustainable energy sources has drawn criticism from energy and finance experts at the Institute for Energy Economics and Financial Analysis (IEEFA).
International seminar on water security: Defense University of Indonesia address the water crisis with advanced technologies
In response to the growing water crisis in Indonesia, Universitas Pertahanan (Defense University) in collaboration with Indonesia Business Post Media organized a Water Security Seminar - Technology for Indonesia on Friday, September 22, 2023.
Revised trade regulations on social commerce like TikTok shop expected to be completed this months
The Ministry of Trade is targeting the completion of the revision of Ministerial Regulation No. 50 of 2020 later this month. This revision will incorporate several rules related to social commerce, such as TikTok Shop.
The Ministry of Industry expands electric motorcycle subsidy program for wider public access
The Ministry of Industry has broadened the scope of its electric motorcycle subsidy program, allowing the general public to own electric motorcycles, subject to the condition of one unit per National Identification Card (KTP). Subsidy recipients will receive a IDR 7 million discount from the original price of an electric motorcycle.
Indonesian carbon trading success crucial for global decarbonization, according to OJK
The Indonesian government, through the Financial Services Authority (OJK), has announced that carbon trading through a carbon exchange will commence on September 26, 2023.
Illegal textile imports continue to flood Indonesian market, crippling local businesses
Indonesian textile businesses are expressing concerns about the ongoing influx of illegal textile imports from China.
TikTok social commerce market predicted to reach US$ 2.9 trillion
A recent report indicates that the social commerce market for TikTok Shop is estimated to reach US$2.9 trillion globally by 2026, equivalent to around IDR 44,000 trillion. Meanwhile, e-commerce transactions in Indonesia are predicted to range from US$77 billion to US$130 billion by 2026.
PLN introduce digital platform to support carbon trading and monitor decarbonization efforts
The State-Owned Electricity Company PLN has introduced the PLN Climate Click platform as a supporting tool for carbon trading among power generators in Indonesia. Through PLN Climate Click, the progress and decarbonization efforts undertaken by PLN can be regularly monitored.
TikTok Project S pushes the government to establish special digital task forces
TikTok's Project S initiative had previously raised concerns within the government, as it was feared that it might disrupt business competition, especially among small and medium-sized enterprises (UMKM). Consequently, the government is preparing to establish two digital task forces.
Indonesia's electric vehicle motorcycle industry is regulating battery standardization
State-owned enterprise PT Indonesia Battery Corporation (IBC) is gearing up to commence battery standardization in collaboration with three domestic electric motorcycle manufacturers: Gesits, Alva, and Volta. This transformative initiative is expected to kick off no later than early next year.