Electricity Tariffs Return to Normal in March 2025: PLN
State electricity provider PLN confirmed that starting 1 March 2025 electricity tariffs will return to normal, following the end of the government’s temporary discount program. Learn more.
Category 'Economy'
Economy
Economy
President Prabowo Orders Toll and Airfare Reductions for Ramadan and Eid Travel
President Prabowo Subianto has directed a temporary reduction in toll fees and airfare to facilitate public mobility during Ramadan and Eid Al-Fitr this year. Learn more.
Economy
IDX CEO Explains IHSG Decline
Indonesia Stock Exchange (IDX) CEO Iman Rachman attributed the Jakarta Composite Index (IHSG) decline to global and domestic factors.
Economy
INP Chief Guarantees Food Prices Will Match Ceiling Rates During Ramadan
Indonesia’s National Police Chief General Listyo Sigit Prabowo has guaranteed that the prices of rice and essential food items during Ramadan will comply with the government’s highest retail price regulations. Learn more.
Economy
Energy Ministry to Form Team to Ensure Fuel Meets Specifications
The Ministry of Energy and Mineral Resources will form a dedicated team to verify fuel quality following alleged corruption in Pertamina’s oil imports, which reportedly cost the state US$12 billion. Learn more.
Economy
Apple Secures Deal to Market iPhone 16 in Indonesia
Apple has reached an agreement with the Indonesian government, allowing the tech giant to market the previously banned iPhone 16 series.
Economy
Jakarta to Create 500,000 Jobs for High School, University Graduates
The Jakarta administration plans to generate 500,000 jobs for high school and university graduates, Deputy Governor Rano Karno revealed the initiative at the 2025 Jakarta Job Fair in East Jakarta on Wednesday (26/2/2025).
Economy
Maung MV3 for Ministers to Be Completed by Late 2025: PT Pindad
State-owned defense and commercial equipment manufacturer PT Pindad (Persero) said that production of the Maung MV3 tactical vehicle for ministers in the Kabinet Merah Putih will be completed by the end of 2025. Read more.
Economy
Pertamina Denies Blending Pertalite into Pertamax
State-owned energy company PT Pertamina has denied allegations of blending Pertalite, a type of gasoline with octane rating RON 90. with Pertamax, another type of gasoline with octane rating RON 92. Learn more.
Economy
Government Conducts Market Operations at 4,000 Locations Ahead of Ramadan
The government launched simultaneous market operations at 4,000 locations nationwide to stabilize food prices ahead of Ramadan. Learn more.
Economy
President Prabowo Launches Danantara Investment Agency
President Prabowo Subianto officially launched the Badan Pengelola Investasi Daya Anagata Nusantara (Danantara), Indonesia’s sovereign wealth fund, at the Presidential Palace.
Economy
Indonesia Strengthens Trade and Investment Ties with France
Indonesia is set to bolster strategic trade and investment cooperation with France, focusing on key sectors such as infrastructure, energy, and critical minerals. Learn more.
