ON BUSINESS

#COMMODITY

Indonesia to Appeal WTO Ruling on Nickel Export

After nickel, the government will also ban the export of raw bauxite and tin to attract foreign investment in downstream industries.

30 November 2022 | 05:31 PM

#COMMODITY

Bulog Mulls Importing Rice as Stock Drops by Half

Bulog currently has nearly 598,000 tons of rice while the government has tasked the agency to keep reserve at 1.2 million tons.

29 November 2022 | 11:42 AM

#ECONOMY

Jakarta Minimum Wage Set at Rp 4.9 Million/Month

The central government allows district and provincial governments to raise the minimum wage by a maximum of 10 percent.

28 November 2022 | 04:17 PM

#ECONOMY

Government Debt Nears Rp 7,500 Trillion

A vast majority of government debt, or 89 percent, is in the form of state bonds, equivalent to Rp 6,670 trillion.

28 November 2022 | 03:09 PM

#TRANSPORTATION

Lion Group Controls 60% of Domestic Aviation Market

The total number of domestic air passengers stood at just 33.4 million last year, the lowest in more than a decade due to Covid-19.

26 November 2022 | 08:12 PM

#TRANSPORTATION

Gov’t Provides Subsidies to Keep Electric Bus Fares Cheap

The government will supply Surabaya and Bandung electric buses manufactured by state-owned engineering company INKA.

22 November 2022 | 02:15 PM

#ECONOMY

West Java Apindo Objects to New Minimum Wage Rule

The minimum wage in several West Java districts can historically exceed Rp 5 million if a 10 percent rise is imposed.

19 November 2022 | 07:13 PM

#ECONOMY

Gov’t Sets 10% Ceiling on Minimum Wage Rise for 2023

The ministerial decree obliges all governors to decide on next year’s provincial minimum wage by November 28 at the latest.

19 November 2022 | 05:12 PM

#CORPORATE NEWS

Intibios to Bolster Yogyakarta's Health Sector: Governor

The recently inaugurated Intibios Lab, Klinik & Farmasi is expected to bolster the region’s health sector particularly for its elderly.

16 November 2022 | 04:57 PM

#ENERGY & MINERALS

Indonesia, Sun Cable Join Hands to Unlock $115b Green Industry Potential

Both parties are committing to inter-island grid connectivity policy and technical program development. 

16 November 2022 | 09:30 AM