Tax Office Clarifies Toll Road VAT Plan Still in Planning Stage
The Indonesian Directorate General of Taxes states that the proposed VAT on toll road services is part of a long-term strategic plan and not yet in effect. Read morel.
Category 'Economy'
Economy
Economy
National Food Agency Claims Distribution Issues for Rising Minyakita Prices
The National Food Agency (Bapanas) confirms Minyakita raw material stocks are safe, attributing recent price hikes above the Rp15,700 ceiling to uncontrolled distribution chains. Learn more.
Economy
Finance Minister Dismisses Two Director Generals in Major Leadership Shuffle
Finance Minister Purbaya Yudhi Sadewa dismissed Febrio Nathan Kacaribu and Luky Alfirman from their posts, leaving three strategic Echelon I positions vacant.
Economy
Bank Indonesia Holds BI-Rate at 4.75 Percent to Stabilize Rupiah
Bank Indonesia maintains the BI-Rate at 4.75% in April 2026 to strengthen Rupiah stability amid global economic volatility and Middle East tensions.
Economy
Indonesia Explores Reciprocal Bond Issuance with China to Lower Capital Costs
Finance Minister Purbaya Yudhi Sadewa discusses a reciprocal bond agreement with China, allowing for Panda Bonds and Chinese debt issuance in the Indonesian market.
Economy
No State Budget Allocated for Board of Peace Contributions: Finance Minister
Finance Minister Purbaya Yudhi Sadewa clarifies that President Prabowo Subianto never instructed the allocation of APBN funds for Board of Peace (BoP) dues.
Economy
Minister Bahlil Confirms Non-Subsidized Fuel Rates Will Track Global Oil Prices
Energy Minister Bahlil Lahadalia explains that non-subsidized fuel prices will fluctuate with global oil rates while subsidies remain protected. Read the full policy update here.
Economy
Pertamina Tankers Remain Stranded in Persian Gulf Amid Strait of Hormuz Blockade
Two Pertamina tankers remain stranded in the Persian Gulf due to the Strait of Hormuz blockade. Read the latest updates on crew safety and transit plans here.
Economy
Indonesia to Halt Diesel Imports by July Following B50 Rollout
Indonesia announces an end to diesel imports by 1 July 2026, shifting to B50 biodiesel. Read about the nation's strategy for energy independence here.
Economy
PT Pertamina Hikes Non-Subsidized LPG Prices Amid Global Oil Surge
Pertamina Patra Niaga increases 12kg LPG prices to Rp 228,000 due to rising global oil costs. Read the full update on new energy rates here.
Economy
Minister Bahlil Confirms Non-Subsidized Fuel Hikes Driven by Global Market Rates
Minister Bahlil Lahadalia explains that price hikes for Pertamax Turbo and Dexlite follow global market mechanisms. Read the news for price updates and details.
Economy
President Prabowo Issues Strategic Regulations to Accelerate National Food Sovereignty
President Prabowo Subianto issues three new regulations to boost national food security and self-sufficiency. Read the news for the full legislative breakdown.
