#Government
Government grants Sritex export-import permits despite bankruptcy ruling
The government has decided to allow textile company PT Sri Rejeki Isman (Sritex) to continue its export-import operations, despite the company’s recent bankruptcy declaration by the Semarang Commercial Court on Monday, October 21, 2024.
Deputy Finance Minister explores tax potential from “shadow economy”
Deputy Minister of Finance, Anggito Abimanyu, has highlighted the potential for new tax revenues by addressing activities within the "shadow economy", referring to economic transactions that contribute to the Gross National Product (GNP) and Gross Domestic Product (GDP) but remain unregistered and unrecorded in official data.
Government to import one million tons of rice in early 2025
An interministerial meeting on Tuesday, October 29, 2024, presided by Coordinating Minister for Food Affairs, Zulkifli Hasan, decided to import 1 million tons of rice from India in 2025 to secure supplies due to delay in harvest season.
Sjafrie discusses increased defense cooperation with US Ambassador
Indonesian Minister of Defense, Sjafrie Sjamsoeddin, met with the United States (US) Ambassador to Indonesia, Kamala Shirin Lakhdhir, at his office on Monday, October 28, 2024, discussing measures to strengthen security and defense partnership between Indonesia and the US.
Coal production target difficult to achieve: Association
The coal production target which has been set by the Ministry of Energy and Mineral Resources (ESDM) at 922.14 million tons by the end of 2024 is difficult to achieve in view of various aspects that could affect domestic coal production, an expert says.
Workers to oversee Court ruling on judicial review against Job Creation Law
President of The Confederation of Indonesian Trade Unions (KSPI), Said Iqbal, has hinted that thousands of workers will stage a sit-in in front of the Constitutional Court on October 31, 2024 when the court’s justices will read out their verdict on the judicial review filed against the Job Creation Law.
Agriculture ministry dismisses import plans of milk from Vietnam
The Ministry of Agriculture has refuted reports of a plan to import 1.8 million tons of milk from Vietnam to support President Prabowo Subianto's Free Nutritious Meal Program, instead is inviting foreign investors to develop local dairy industry.
Massive layoffs threaten 15,000 workers as bankruptcy hits textile companies
The national textile industry suffers a severe blow after the Semarang District Court declared four Central Java-based textile companies bankrupt.
Prabowo asks IKN development to be completed in four years
President Prabowo Subianto has reaffirmed the continuation of the development of the Nusantara Capital City (IKN) development under his presidency, stressing its completion within four years, an aide has said..
Indonesia needs to strengthen energy transition policy for self-sufficiency: Experts
Indonesia’s dependency on fossil energy that is decline in production will threaten the energy self-sufficiency target that the government needs to determine a policy and regulation that encourage investment in renewable energy, experts have suggested.
Sulzer secures five-year deal with PT Pertamina Geothermal Energy
Sulzer Services (Indonesia), an independent service provider (ISP) and leader in flow control, has signed a five-year customer service agreement (CSA) with PT Pertamina Geothermal Energy (PGE), the Geothermal specialist sub-holding of State energy company PT Pertamina.
Prabowo launches nutritional support centers nationwide in free meal program trial
In an effort to improve national nutrition, President Prabowo Subianto has established 85 Nutritional Support Centers as part of the Free Nutritious Meal Program, which is currently in the testing phase across all provinces in Indonesia.