#Policy
Prabowo credits predecessor's foreign investment efforts, denies political influence
President Prabowo Subianto on Thursday inaugurated PT Lotte Chemical Indonesia, a Rp 65 trillion ($4 billion) petrochemical complex in Cilegon, Banten, marking one of Indonesia’s largest South Korean investment projects.
Nusantara Capital authority secures Rp225 trillion in investments
The Nusantara Capital (IKN) Authority has announced a significant financial milestone, marking one year under President Prabowo Subianto’s administration, confirming that the development of Indonesia’s new capital is now supported by a strong and increasingly independent financial foundationand no longer reliant solely on state funding.
Prabowo’s first year marked by three major policy trade-offs: Analyst
One year into his presidency, Prabowo Subianto is navigating a complex set of policy trade-offs, according to Arya Fernandes, Head of the Department of Politics and Social Change at the Centre for Strategic and International Studies (CSIS).
Indonesia's banking decarbonization policy lags behind ASEAN peers
A new report by Asia Research & Engagement (ARE) reveals that Indonesia's banking sector lags behind other ASEAN nations in implementing robust decarbonization policies and aligning with the 2050 net-zero targets.
TikTok fined Rp 15 billion for delayed notification of Tokopedia acquisition
The Indonesian Business Competition Supervisory Commission (KPPU) has imposed a fine of Rp15 billion (US$967,741) on TikTok Nusantara (SG) Pte. Ltd. for failing to timely notify the acquisition of a majority stake in PT Tokopedia.
House accelerates deliberation of revised SOE law amid institutional changes
The House of Representatives (DPR) Commission VI is expediting discussions on the revision of Law No. 1/2025 on State-Owned Enterprises (SOEs) following the transfer of several SOEs ministerial functions to the Daya Anagata Nusantara Investment Management Agency (Danantara), which was established in late February 2025.
Government asked to make systemic changes against climate crisis
Environmentalists have asked the government to undertake systemic changes to achieve a just energy transition and transparent climate financing as the national economic structure, which heavily depends on the extractive sectors, exacerbates the impacts of the climate crisis that burden the society instead of promoting welfare.
House Commission IV approves Rp41.45 T budget for agriculture ministry in 2026
The House of Representatives’ (DPR) Commission IV has approved the 2026 budget ceiling for the Ministry of Agriculture at Rp41.45 trillion (US$2.5 billion), reflecting an increase of Rp145 billion from the previous allocation of Rp40 trillion.
House commission approves Rp 21.67 trillion budget for energy ministry in 2026
The House of Representatives’ energy and investment Commission XII has approved the 2026 budget allocation for the Ministry of Energy and Mineral Resources (ESDM) at Rp21.67 trillion (US$1.3 billion), a sharp increase of 166.87 percent from the initial ceiling of Rp8.12 trillion.
Massive labor protest demands higher wages, tax Reforms, new labor law
Thousands of workers from Greater Jakarta area rallied to the House of Representatives (DPR) and the Presidential Palace in Jakarta on Thursday, August 28, 2025.
Civil society launches paper on climate justice, asks DPR to speed up deliberation
The People’s Alliance for Climate Justice (ARUKI) unveiled a 300-page academic paper for the Draft Law on Climate Justice on Thursday, August 28, 2025, calling on the House of Representatives (DPR) to include the paper in the 2026 National Legislation Program (Prolegnas) and begin deliberations without delay.
Prabowo's speech on illegal mining criticized as empty rhetoric amid oligarchic grip
The Mining Advocacy Network (Jatam) strongly criticizes President Prabowo Subianto's recent speech at the Annual Session of the People’s Consultative Assembly (MPR) on August 15, 2025, calling it as empty rhetoric that fails to address the root causes of illegal mining.