Government Establishes Task Force to Tackle Illegal Drilling
The Indonesian government forms a task force to regulate illegal oil drilling in Sumatra and Kalimantan. Read about the new partnership between Polri, ESDM, and Pertamina.
Category 'Economy'
Economy
Economy
OJK Proposes Criminal Sanctions for Misleading "Finfluencers" in P2SK Law Revision
OJK proposes criminal charges for "finfluencers" spreading false financial info in the P2SK Law revision. Read about the new Anti-Scam Center and consumer protections.
Economy
Government Evaluates Mitigation Strategies for Surging Plastic Prices
Minister Maman Abdurrahman announces government plans to mitigate a 30-80% spike in plastic prices. Read the full MSME protection report here.
Economy
Finance Minister to Overhaul Coretax System to Combat Tax "Jockeys"
Finance Minister Purbaya Yudhi Sadewa pledges to fix Coretax system flaws to stop illegal tax filing "jockeys." Read the full digital tax reform update here.
Economy
Minister Bahlil Shifts LPG Imports from Middle East to US and Australia
Minister Bahlil Lahadalia confirms Indonesia has shifted LPG and crude oil imports to the US, Australia, and Africa. Read the full energy security update here.
Economy
Severe Weather Forces Flight Diversions at Soekarno-Hatta Airport
Severe weather and windshear have caused twelve flight diversions at Soekarno-Hatta International Airport. Read the full operational update and passenger advisory here.
Economy
Indonesian Stock Market Slides Amid Escalating Middle East Tensions
The IHSG opened lower this Monday as investors monitor the Strait of Hormuz crisis and global oil risks. Read the latest Indonesian market analysis and expert forecasts here.
Economy
PT Jasa Marga and Traffic Corps End Contra Flow at Jakarta-Cikampek Toll Road
Jasamarga and the National Police have lifted the contraflow on the Jakarta-Cikampek Toll Road as traffic returns to normal. Read the latest holiday travel update here.
Economy
Indonesia Eyes Fertilizer Exports as Global Supply Chains Tighten
Agriculture Minister Andi Amran Sulaiman confirms three countries are seeking Indonesian urea exports amid global supply shifts. Read the full strategic update here.
Economy
Bapanas Bolsters National Food Reserves to Mitigate El Nino Impact
Bapanas is fortifying Indonesia's food reserves with 4.4 million tons of rice to face El Nino. Read how the government is securing domestic production here.
Economy
Indonesia Guarantees Stable Fertilizer Prices Amid Middle East Tensions
Pupuk Indonesia CEO Rahmad Pribadi guarantees that subsidized fertilizer prices (HET) will not rise despite the Strait of Hormuz crisis. Read the news for the latest price list.
Economy
INACA Proposes Higher Fuel Surcharge and Airfare Caps Amid Avtur Spike
NACA is pushing for an increase in fuel surcharges and domestic airfare caps (TBA) due to a 72% spike in avtur prices. Read the news for the full industry report.
