Minister Amran Targets Producers, Not Small Retailers, in MinyaKita HET Enforcement
Indonesia targets producers, not small retailers, in enforcing MinyaKita price caps. Read the full policy update and enforcement plan.
Category 'Economy'
Economy
Economy
Labor Minister Assures Minimum Wages Will Not Be Cut Despite Economic Slowdown
Indonesia’s labor minister Yassierli guarantees minimum wages will not decline despite negative growth. Read the full policy update.
Economy
Bank Indonesia Sees Stronger Economic Growth in Q4 2025
Bank Indonesia projects stronger economic growth in Q4 2025, supported by consumption and investment. Read the full report.
Economy
New SIM Card Registration System Takes Effect 1 January 2025, Facial Recognition Optional
Indonesia introduces a new SIM card registration system with optional facial recognition starting 1 January 12026, to combat digital crime. Read the full report.
Economy
Transport Ministry Prepares 17,239 Free Ship Tickets for Christmas–New Year Travel
Transport Ministry provides 17,239 free sea tickets for Christmas and New Year travel. Read the full details on routes and registration.
Economy
President Prabowo Signs Regulation on Minimum Wage Increase
President Prabowo Subianto signs new regulation on minimum wage increases with updated formula. Read the full story.
Economy
World Bank Urges Indonesia to Improve Job Quality for Inclusive Growth
World Bank highlights Indonesia’s need to improve job quality to ensure inclusive economic growth. Read the full report.
Economy
Indonesia’s Rice Import Halt Pushes Down Global Prices: Food Minister
Coordinating Minister for Food Affairs Zulkifli Hasan claimed that Indonesia’s rice import halt drives down global prices as production surges. Read the full story
Economy
President Prabowo Orders Land-Use Review, Halts New Forestry and Mining Permits in 2025
President Prabowo Subianto halts new forestry and mining permits in 2025 while reviewing land use. Read the full news for details.
Economy
Indonesia's Macroeconomy Strong, IHSG Hits Asia's Highest: Airlangga
Coordinating Minister Airlangga Hartarto confirms Indonesia's strong macroeconomic performance, reporting the the Jakarta Composite Index (IHSG) as one of Asia's highest and assuring the 5.2% 2025 growth target is on track. Read the full economic report here
Economy
Disaster Response Budget Secured Through State Budget Efficiency: President Prabowo
President Prabowo confirms Indonesia’s disaster budget is secure through APBN efficiency and rapid fund disbursement. Read the full report.
Economy
2026 VAT Adjustment Undecided, Awaiting Economic Performance: Minister Purbaya
Finance Minister Purbaya Yudhi Sadewa says the 2026 VAT adjustment is undecided and will depend on economic growth. Read the full update.
