All Landslide Victims in Trenggalek Found, Search Operation Officially Ends
All six victims of the landslide in Kebonagung hamlet, Depok village, Trenggalek regency, have been found dead,. Learn more.
Category 'Economy'
Economy
Economy
Govt Offers 50% Electricity Discount for Low-Power Households in June–July
The government will grant a 50% electricity tariff discount for households with power capacity under 1,300 VA during June and July 2025, targeting 79.3 million families as part of a national economic stimulus package. Learn more.
Economy
Indonesia Unveils $45B Downstream Projects Set to Launch in June
Minister of Energy and Mineral Resources Bahlil Lahadalia announced 18 downstream industrial projects worth nearly USD 45 billion, set to commence in June 2025.
Economy
China ‘Very Satisfied’ With Its Investments in Indonesia: DEN Chairman Luhut
China’s government and business community are “very satisfied” with their investments in Indonesia over the past decade. Read more.
Economy
President Prabowo Approves Huayou Consortium to Replace LG in $9.8 Billion EV Battery Project
President Prabowo Subianto has approved the Huayou consortium to replace South Korea’s LG in Indonesia’s $9.8 billion electric vehicle (EV) battery project. Read more.
Economy
Indonesia Strengthens Strategic Industrial Cooperation with Brazil, Boosting Exports
Minister of Industry Agus Gumiwang Kartasasmita highlighted the long-standing diplomatic ties between Indonesia and Brazil, which have been in place since 1953. Learn more.
Economy
Indonesia Can Be a Global Energy Supplier: President Prabowo
President Prabowo Subianto said that Indonesia has the potential to become a global energy supplier. Learn more.
Economy
State Budget Turns to Surplus with Rp 4.3 Trillion by April 2025
Indonesia's state budget (APBN) recorded a surplus of Rp4.3 trillion or 0.02% of GDP as of April 2025, reversing a three-month deficit trend. Read more,
Economy
Ride-Hailing Apps to Operate Normally Amid May 20 Driver Protest
Despite a planned protest by around 500,000 online motorcycle taxi (ojol) drivers, major ride-hailing platforms have confirmed normal operations today. Learn more.
Economy
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.
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.
