Indonesia, Chile Back Each Other’s Entry into Regional Trade Pacts
Indonesia and Chile have pledged mutual support for each other’s accession to key regional trade agreements, Minister of Trade Budi Santoso said on Monday (19/5/2025). Learn more.
Category 'Economy'
Economy
Economy
Dormant Bank Accounts Temporarily Frozen to Prevent Cybercrime: PPATL
The Financial Transaction Reports and Analysis Center (PPATK) has temporarily frozen dormant bank accounts owned by the public to protect them from potential misuse, including hacking and criminal activities. Learn more.
Economy
Communication Ministry Clarifies Postal Free Shipping Promotions New Regulation
The Ministry of Communication and Digital Affiars clarified new regulation on postal services does not limit free shipping promotions run by e-commerce platforms as it applies to courier companies' direct shipping discounts. Learn more.
Economy
Two Natuna Oil Fields Mark Milestone for Energy Self-Sufficiency: President Prabowo
President Prabowo Subianto declared that the inauguration of the Forel and Terubuk oil fields in Natuna, Riau Islands, is a historic milestone in Indonesia’s journey toward national energy self-sufficiency. Learn more.
Economy
Indonesia’s Rice Prices Unaffected by Global Market: National Food Agency
Head of Indonesia’s National Food Agency (Bapanas), Arief Prasetyo Adi, said on that global rice price fluctuations have no impact on domestic rice prices due to government safeguards. Learn more.
Economy
KAI to Turn Sudirman into Jakarta’s Main Public Transit Hub
The state railway operator PT Kereta Api Indonesia (KAI) is preparing the Sudirman area in Central Jakarta to become a major integrated public transportation hub, aiming for safer, more efficient, and economically viable urban mobility. Read more.
Economy
Indonesia to Evaluate CEPA with Australia: Minister Airlangga
The government will evaluate the Comprehensive Economic Partnership Agreement (CEPA) with Australia. Learn more.
Economy
Indonesia, Denmark Explore Offshore Wind Collaboration for Renewable Energy Development
The Ministry of Marine Affairs and Fisheries and the Danish government have initiated discussions on harnessing offshore wind power as part of Indonesia’s push for sustainable marine-based renewable energy. Read more.
Economy
Kadin Launches Task Force to Support Free Nutritious Meals Program
The Indonesian Chamber of Commerce has launched the Task Force to support the National Nutrition Fulfillment Service (SPPG) program, aiming to provide free nutritious meals to 80 million children across the country. Learn more.
Economy
Red and White Cooperatives Projected to Create 1.6 Million Jobs
The government-backed Red and White Cooperatives initiative is expected to create at least 1.6 million jobs nationwide through the formation of 80,000 cooperative units. Read more.
Economy
President Prabowo Concerned Over Thuggery Disguised as Mass Organizations
President Prabowo Subianto has raised his concern over criminal activities carried out under the guise of civil society organizations, locally known as ormas, which he views as detrimental to Indonesia’s business climate. Learn more.
Economy
National
Firm Action Against Thuggery to Protect Investment Climate: INP Chief
Indonesian National Police Chief General Listyo Sigit Prabowo affirmed that the police will take firm action against all forms of thuggery, in line with President Prabowo Subianto’s directive to guarantee investments. Read more.
