Economy and Business

JAKARTA — The disconnect between policymakers and the daily realities of the average citizen has once again come under intense scrutiny in Indonesia. Bima Arya Sugiarto, the Deputy Minister of Home Affairs, has publicly challenged the efficacy of regional leadership, specifically highlighting a pervasive lack of "ground-level sensitivity" regarding public transportation. Speaking at the Urban Climate Forum 2026 held at …

Jakarta – President of the Republic of Indonesia, Prabowo Subianto, has expressed strong optimism that the strategic rollout of the Village and Subdistrict Red and White Cooperatives (Kopdes/Kelurahan Merah Putih – KDKMP) will begin delivering tangible, widespread economic impacts by 2027. Speaking during a special broadcast of the "Program Presiden Prabowo Menjawab" on Wednesday, September 16, 2026, the Head of …

Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has formally addressed the mounting public criticism regarding recurring power outages in several Indonesian provinces, emphasizing the complex divide between regulatory oversight and operational execution. During a working session with Commission XII of the House of Representatives (DPR RI) in Jakarta this week, Minister Bahlil articulated the challenges of his ministerial …

Jakarta – The Ministry of Finance is currently reviewing the continuity of the official restructuring within the Directorate General of Taxes (DJP) and the Directorate General of Customs and Excise (DJBC). This evaluation follows dynamic shifts in the ministry’s leadership, including the recent transition in ministerial positions, prompting an in-depth review of how bureaucratic appointments and cross-unit coordination are executed. …

The Indonesian government, under the newly established Ministry of Infrastructure and Regional Development, has launched a strategic initiative to address the persistent challenge of urban and rural blight. Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), recently revealed that approximately 7,000 slum areas are scattered across the archipelago, necessitating a unified and cross-sectoral intervention strategy. This ambitious …

Jakarta — Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has pointed to a widespread consumer shift from non-subsidized fuel to subsidized alternatives, compounded by illegal hoarding practices, as the root causes behind the severe and disruptive fuel queues that recently crippled Makassar, South Sulawesi. The crisis, which peaked over a three-day period, caused massive traffic gridlocks, significantly increased …

In a significant move to reshape Indonesia’s housing infrastructure and bolster local economies, the Minister of Housing and Settlement Areas, Maruarar Sirait, has announced a massive procurement program aimed at replacing asbestos-based roofing in homes across the nation. The initiative, which is slated to commence between October and November, marks a pivotal shift in government procurement policy by prioritizing the …

The allure of generating billions of rupiah through active market trading has once again captured the public imagination, transforming complex financial strategies into viral fodder for digital platforms. For many individuals weary of traditional nine-to-five office routines, the prospect of purchasing and selling assets from the comfort of a computer screen—profiting cleanly from price differentials—presents an idealized vision of financial …

The Indonesian government is currently navigating the immense logistical, environmental, and socio-economic complexities involved in the construction of the Giant Sea Wall, a massive coastal defense infrastructure project spanning 575 kilometers across the northern coast of Java (Pantura). Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) recently underscored that the project, which aims to protect the nation’s …

Jakarta — In a decisive step toward reinforcing Indonesia’s national energy security through sustainable green infrastructure, Pertamina New & Renewable Energy (Pertamina NRE) officially inaugurated the Bioethanol Development Center on Monday, September 14, 2026. Situated in Tegineneng, Pesawaran Regency, within the Lampung Province, the facility serves as an advanced, comprehensive pilot scale hub dedicated to nurturing a robust domestic bioethanol …