Indonesia Warns BYD, VinFast, and Others: Meet EV Local Content Rules by 2026
Indonesia’s Industry Ministry demands BYD, VinFast, and four other automakers meet EV local content targets by 2026 or lose incentives. Read the news.
Category 'Economy'
Economy
Economy
New Mineral Industry Agency to Focus on Rare Earth for Global Tech & Defense: Minister Airlangga
Indonesia forms a new Mineral Industry Agency to manage rare earth elements for global energy, battery, and defense needs, sayid Minister Airlangga Hartanto. Learn more.
Economy
President Prabowo Orders Full Village Electrification in Four Years
President Prabowo orders nationwide electrification within four years, targeting 5,758 villages still without power, mostly in eastern Indonesia. Read more here.
Economy
Indonesia Stops Rice Imports as Global Prices Surge: Agriculture Minister
Indonesia avoids rice imports in 2025 as global prices soar, setting a record-high reserve stock and winning praise from FAO and USDA. Read the full story here.
Economy
WTO Rules in Favor of Indonesia in Biodiesel Trade Dispute Against EU: Minister Airlangga
WTO backs Indonesia in its biodiesel trade dispute with the EU, urging Europe to revoke duties on palm oil-based biofuel. Read the full story here.
Economy
Falling Rice Prices Won’t Hurt Farmers’ Welfare: Agriculture Minister
Agriculture Minister Amran Sulaiman says falling rice prices won’t harm farmers, citing high reserves and stable grain purchase rates. Read more here.
Economy
Indonesia’s QRIS Set to Go Live in China by End of 2025: Bank Indonesia
Bank Indonesia targets QRIS use in China by late 2025 after sandbox trials with PBoC and UnionPay. Digital payments in Indonesia show strong growth. Read more.
Economy
President Prabowo Orders Idle, Unlicensed Land to Be Used for Farms and Plantations
President Prabowo Subianto orders unlicensed land to be converted into farms and plantations to boost Indonesia’s food security and exports. Read the full update here.
Economy
Indonesia Designates 36 International Airports to Boost Global Connectivity
Indonesia sets 36 airports as international hubs to expand connectivity, drive tourism, and boost the economy. ICAO standards apply, with 2-year evaluations. Read more here.
Economy
Finance Ministry Denies Minister Sri Mulyani Called Teachers a State Burden
Finance Ministry debunked a viral deepfake video claiming Minister Sri Mulyani called teachers a burden on the state, reaffirming a Rp 757.8 trillion education budget. Read the full story here.
Economy
Govt Enforces Pro-Farmer Policies: Agriculture Minister
Agriculture Minister Amran confirms government policies raising grain prices, supporting farmers with subsidies and equipment, and boosting Indonesia’s food security.
Economy
Indonesia Allocates Rp 424.8 Trillion in 2026 for Total Defense and Security
Indonesia sets Rp 424.8 trillion defense and security budget for 2026, covering military expansion, police, intelligence, and judiciary. Read the full details here.
