Oil and gas exporters in Indonesia will be exempted from the new rule mandating that all proceeds from natural resource exports be kept onshore for a year, according to a Reuters report. The exemption comes after companies raised concerns about the Indonesian rule’s potential impact on their cash flows and urged adjustments.
Central Jakarta, Indonesia - Fire destroyed hundreds of House at Kemayoran, Central Jakarta, Jakarta, Indonesia. The fire caused thousands of residents to evacuate to near by area. No casualties from the fire.
JAKARTA] Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 is set to shake up the industry. Critics warned that the abrupt policy shift undermines investor confidence,
Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028,
Defense Minister Sjafrie Sjamsoeddin met with his Chinese counterpart Dong Jun to discuss bilateral military cooperation in Beijing on Wednesday. “We want to bolster our existing cooperation. One that does not only focus on defense ministry transfer but also strengthens direct interactions between our military personnel via soldier-to-soldier contact program,
France had previously requested the transfer of Serge Atlaoui, who has been jailed in Indonesia since 2005, Coordinating Law, Human Rights, Immigration and Correctional Services Yusril Ihza Mahendra told reporters.
Indonesian women's singles athlete Gregoria Mariska Tunjung appears as a dominant force in the first round of Indonesia Masters 2025.
JAKARTA: Following reports of widespread vandalism across Indonesia, viral location-sharing app Jagat has announced a major shift in the gameplay of its most attractive in-app feature and game, treasure hunt.
Jakarta’s negotiations to acquire the BrahMos supersonic cruise missile from India have gained momentum ahead of president Prabowo Subianto’s visit as the Republic Day chief guest
Governor Perry Warjiyo, economic growth will rise in two years and will continue to rise higher into the next years.
The Indonesian Chamber of Commerce and Industry (Kadin) views downstreaming as a cornerstone for Indonesia's transformation into a high-income nation with