#Policy
Indonesia urged to revise green taxonomy to support credible low-carbon industry
Indonesia's current green finance taxonomy risks undermining the country’s ambition to lead the global green industrialization race due to its lenient treatment of mining and coal-fired power sectors, according to a new report by the Energy Shift Institute (ESI).
President convenes ministers to discuss special economic zones, 2026 budget
President Prabowo Subianto summoned several Cabinet ministers to the Merdeka Palace in Jakarta on Tuesday, July 22, 2025 to discuss the development of Special Economic Zones (SEZs) and the drafting of the 2026 State Budget (APBN).
Indonesian Navy says no ties with former Marine now in Russian service
The Indonesian Navy has confirmed it no longer has any connection with former Marine officer Satria Arta Kumbara, who reportedly joined the Russian military and is now pleading to return to Indonesia.
Prabowo launches village and urban cooperatives focusing on key sectors
President Prabowo Subianto launched the Red-and-White Cooperatives (Kopdes and Kopkel) program in Klaten, Central Java, on Monday, July 21, 2025, with a simultaneous rollout in 108 locations and aims to gradually establish 80,081 cooperatives in villages and urban neighborhoods across Indonesia.
Indonesia finalizes second NDC as roadmap for sustainable, low-carbon future
The Indonesian government is in the final stages of preparing its Second Nationally Determined Contribution (Second NDC), a strategic climate policy document that will guide national efforts from 2031 to 2035.
Indonesia pushes for global palm oil standards to counter EU Deforestation Law
Deputy Foreign Minister Arif Havas Oegroseno has announced that Indonesia, in collaboration with relevant stakeholders, is preparing a global standard for palm oil management and trade, aimed at countering the European Union Deforestation Regulation (EUDR), which poses challenges for small-scale farmers in Indonesia − particularly those in palm oil, rubber, cocoa, and coffee sectors.
Indonesia’s tax collection more efficient than India, China, Philippine: Tax chief
Indonesia has demonstrated stronger cost-efficiency in tax collection compared to regional peers like China, India, and the Philippines, as reflected in the declining cost-to-revenue ratio over the past five years, according to the Directorate General of Taxes.
OJK launches carbon trading guidebook to secure Indonesia's green market integrity
The Financial Services Authority (OJK) launched a new guidebook titled “Understanding Carbon Trading for the Financial Services Sector” on Tuesday, July 15, 2025, aimed at equipping financial service providers with essential knowledge to navigate risks and opportunities in the rapidly growing carbon trading market.
KKP–Konservasi Indonesia partner to boost blue carbon ecosystem development
The Ministry of Marine Affairs and Fisheries (KKP) has signed a strategic partnership with Konservasi Indonesia (KI) to enhance marine spatial planning and develop blue carbon ecosystem zones.
Trade ministry proposes Rp886.63 B budget hike to support new staff, nat’l priorities
Deputy Minister of Trade, Dyah Roro Esti, has submitted a proposal for an additional Rp886.63 billion (US$54.5 million) in funding for the Ministry of Trade’s 2026 fiscal year.
Sarbumusi: US$36 M worth of goods stalled during nationwide truckers' strike
A nationwide strike on July 13-14, 2025, involving 15,000 logistics drivers across Indonesia has caused an estimated Rp600 billion (US$36 million) in undelivered goods, according to the Indonesian Muslim Workers Confederation (Sarbumusi).
Indonesia to boost chicken production ahead of nutrition program launch in August
The Ministry of Agriculture is set to ramp up broiler chicken production starting next month in anticipation of the full-scale rollout of 8,000 SPPG (Satuan Pelayanan Pemenuhan Gizi or Nutrition Fulfillment Service Units) kitchens in August 2025.