Shell Dismisses Claims of Nationwide Gas Station Closures in Indonesia
Shell Indonesia has denied rumors that it plans to close all of its gas stations in the country, emphasizing its ongoing commitment to operating its retail network. Read more!
Category 'Economy'
Economy
Economy
Indonesia to Block IMEI of iPhone 16 if Sold Locally
The Ministry of Industry has announced it will block the International Mobile Equipment Identity (IMEI) of the iPhone 16 if the device is found on the local market. Learn more!
Economy
State-Owned Infrastructure Projects Under Review: Minister Erick
All infrastructure projects, including those by state-owned enterprises operating in the construction and infrastructure sector BUMN Karya, are being reviewed. Discover more!
Economy
Indonesia-Brazil Business Forum Secures $2.65 Billion in Deals
The Indonesia-Brazil Business Forum has resulted in five major memorandums of understanding valued at $2.65 billion, strengthening business ties between the two countries. Learn more!
Economy
DPR Awaits President Prabowo’s Decision on Proposed 12% VAT Increase
The House of Representatives has called for patience as the nation awaits President Prabowo Subianto’s decision on the proposed Value-Added Tax (VAT) increase to 12%, planned for January 2025. Learn more!
Economy
Emergency Disaster Aid to Continue Despite Election Restrictions: Social Affairs Minister
Minister of Social Affairs Saifullah Yusuf confirmed that emergency disaster aid distribution will proceed as scheduled ahead of the regional elections on 27 November 2024. Learn more!
Economy
Budget Freeze Stalls Key Infrastructure Projects: Minister Dody Hanggodo
Minister of Public Works Dody Hanggodo has confirmed that infrastructure budgets have been temporarily frozen by Minister of Finance Sri Mulyani Indrawati under President Prabowo Subianto's directive. Read more!
Economy
Indonesia, Canada Finalize ICA-CEPA Negotiations
Coordinating Minister for Economic Affairs Airlangga Hartarto announced that negotiations for the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) have been substantially completed. Learn more!
Economy
Indonesia Pushes for Equitable Climate Funding at COP29
The Parliamentary Cooperation Body has called for fair and innovative climate funding at the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. Learn more!
Economy
Airfare Prices Reduction Under Review by Government Task Force
The Ministry of Transportation has confirmed that the task force reviewing the potential reduction in airfare prices is still in the process of a comprehensive evaluation. Learn more!
Economy
Indonesia and Japan Target 2025 for IJEPA Implementation
Indonesia and Japan have agreed to expedite the ratification of the Protocol Amending the Indonesia-Japan Economic Partnership Agreement (IJEPA), aiming for its implementation by 2025. Learn more!
Economy
Wamildan Tsani Appointed New CEO of Garuda Indonesia
Wamildan Tsani Panjaitan, previously Acting CEO at PT Lion Air, has officially been named CEO of PT Garuda Indonesia on Friday (15/11/2024). Learn more!
