MIND ID Reshuffles Board of Directors and Commissioners
State-owned Mining Industry Indonesia (MIND ID) has appointed Maroef Sjamsoeddin as its new President Director, following a General Meeting of Shareholders (GMS) on Monday. Read more.
Category 'Economy'
Economy
Economy
AGO Guarantees No Asset Seizure to Maintain Operations: PT Pertamina
State-owned energy company PT Pertamina (Persero)’s Chief Financial Officer, Emma Sri Martini, confirmed that the Attorney General’s Office (AGO) has assured that no critical assets will be seized or sealed. Read more.
Economy
INP Chief Targets Completion of 100,000 Subsidized Homes for Police Personnel in 2025
Indonesian National Police Chief General Listyo Sigit Prabowo has set a goal to complete 100,000 subsidized homes for police personnel by the end of 2025. Learn more.
Economy
58,000 Jobs to Open Soon Amid Factory Closures: Deputy Manpower Minister
Deputy Minister of Manpower Immanuel “Noel” Ebenezer Gerungan announced that 58,000 job opportunities will soon be available, deemed a positive sign amid recent factory closures in Indonesia. Learn more.
Economy
Pertamina CEO Apologizes Over Public Concerns of Fuel Blending
State-owned energy company PT Pertamina CEO Simon Aloysius Mantiri issued a formal apology for public concerns over alleged corruption in crude oil and refinery product management.
Economy
Domestic Airfares Drop 13-14% for Eid Travel: Transportation Minister
Minister of Transportation Dudy Purwagandhi announced a 13-14% reduction in domestic economy-class airfares during the 2025 Eid travel period to ease costs for passengers. Learn more.
Economy
PT KAI Prepares 3.4 Million Long-Distance Train Tickets for Eid Travel
State-owned railway company PT Kereta Api Indonesia (KAI) has allocated 3,443,832 long-distance train tickets for Eid Al-Fitr travel from 21 March to 11 April 2025, to accommodate increased demand. Read more.
Economy
Govt Reduces VAT on Domestic Flights for 2025 Eid Homecoming
The government will cover part of the Value Added Tax (VAT) on domestic economy-class flights during the 2025 Eid Al-Fitr homecoming period. Learn more.
Economy
SOEs Minister to Review Pertamina After Patra Niaga Scandal
The government has announced a full-scale review of state-owned energy company PT Pertamina (Persero) following a corruption scandal involving senior executives at PT Pertamina Patra Niaga, Pertamina International Shipping, and Kilang Pertamina Internasional. Learn more.
Economy
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.
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.
