Indonesia is set to propose a reduction in trade tariffs to the US as a counteractive measure, in response to anticipated import tariff policies under the US's new Donald Trump administration.
Indonesia aims to exceed the World Bank's 2025 growth forecast of 5.1%, targeting 5.2% by boosting domestic consumption and investment.
Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ruling.The wor
Indonesia's finance ministry said on Thursday it had issued a regulation to implement the global minimum corporate tax at 15% effective from Jan. 1, as part of an international push to limit tax competition between countries.
The panel also ruled that the tax incentives for biofuel used in France’s transportation system is discriminatory to palm oil-based biofuel.
Bank Indonesia (BI) cut the benchmark 7-day reverse repurchase rate by 25 basis points to 5.75%, its first cut since September. The benchmark is now at its lowest in over a year.
Super Bank Indonesia is considering an initial public offering that may take place in Jakarta as soon as this year, according to people familiar with the matter.
A tax system upgrade in Indonesia has had a problematic launch this month with the tax office apologising after users, including foreign businesses, complained of disruption, glitches and outages that affected their operations.
Indonesia has officially joined the Brics group, adding Southeast Asia's largest economy and most populous country to the economic and political bloc founded by Brazil, Russia, India and China in 2009.
A volcano located in Indonesia's eastern island of Halmahera erupted on Wednesday morning spewing a four-km (2.5-mile) high ash cloud, forcing authorities to raise the alert level in surrounding areas to the highest,
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensions
Indonesia’s government says it has agreed with Japan to resume talks on the joint development of naval vessels that have stalled in recent years.