Govt Pushes Ahead With IKN After Constitutional Court Cancels Long-Term Land Rights
Indonesia vows to keep building its new capital Nusantara despite a court ruling scrapping long-term land rights previously offered to investors. Read more here.
Category 'Economy'
Economy
Economy
Pertamina Strikes 724 Million-Barrel Oil Find, Its Biggest in a Decade
Pertamina announces a massive 724 million-barrel oil discovery in the Rokan Block while expanding sustainable fuel and hydrogen projects. Read more.
Economy
Rice Prices Stabilize Ahead of Christmas–New Year Holidays: Bapanas
Indonesia confirms stable rice prices ahead of Christmas and New Year, supported by stronger supply, tighter monitoring, and regional stock boosts. Read the full report.
Economy
Tourism Surges Past 1.39 Million Foreign Arrivals as Govt Rolls Out Holiday Stimulus
Indonesia’s tourism sector continues its strong rebound with over 1.39 million foreign arrivals in September and major domestic tourism growth, supported by government holiday travel incentives. Read the full story.
Economy
Minister Purbaya Overhauls Illegal Clothing Disposal: ‘Recycle, Resell, Don’t Waste’
Finance Minister Purbaya Yudhi Sadewa unveils a new policy to recycle illegal imported clothing and sell the materials to MSMEs, replacing costly destruction methods. Read the full story for details.
Economy
Garuda Freezes Three New Aircraft Orders, Puts Safety and Repair First
Garuda Indonesia delays three new aircraft orders as CEO Glenny Kairupan prioritizes repairing the existing fleet and strengthening operational recovery. Read the full news.
Economy
Energy Minister Sets April 2026 for Limited Restart of Freeport’s GBC Mine After Deadly Collapse
Indonesia targets April 2026 for a limited restart of Freeport’s GBC mine after a major collapse, with a full safety audit and phased reopening underway. Read the full report.
Economy
Indonesia Seals $12.5M-Ton CO₂ Deal With Norway at COP30
Indonesia and Norway sign a COP30 carbon-trade deal for 12.5 million tons of CO₂, backed by funding for renewable projects. Indonesia targets 90 million tons of CO₂ transactions. Read the full story.
Economy
Poland Says IEU-CEPA Trade Pact Will Unlock “Much Bigger” Commerce Opportunities
Poland says IEU-CEPA will boost Indonesia–Poland trade, stressing new opportunities in machinery, food, and halal products once the pact is implemented. Read the news.
Economy
Indonesia’s First National Car to Roll Out by 2027: Industry Minister
Indonesia’s first national car, developed by PT Pindad, will start production in 2027, Minister Agus Gumiwang confirms. President Prabowo supports the initiative. Read more.
Economy
PT KAI to Expand Railway Network Beyond Java Starting 2026
PT KAI targets 2026 to begin railway expansion beyond Java, with new projects in Sumatra, Kalimantan, and Sulawesi to boost logistics and connectivity. Read more.
Economy
Radioactive Shoes: U.S. Rejects Indonesian Footwear After Cs-137 Contamination Found
Indonesia faces another export setback as the U.S. rejects shoes contaminated with radioactive Cs-137. Officials confirm full decontamination efforts. Read the full story now.
