Airlangga, USTR meet in Paris to advance Indonesia’s proactive role in global trade talks – Quick Dispatch

oordinating Economy Minister Airlangga Hartarto held a strategic bilateral meeting with United States Trade Representative (USTR) Jamieson Greer on the sidelines of the OECD Ministerial Council Meeting in Paris on Tuesday. The discussion underscored Indonesia’s active and constructive approach to international trade negotiations, as well as its commitment to fostering a fair and mutually beneficial … Read more

Wage subsidies doubled, electricity discount canceled in stimulus shake-up – Economy

n last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies. Finance Minister Sri Mulyani Indrawati revealed in a press conference on Monday that the wage subsidies for low-income earners would double from Rp 150,000 (US$9)… Source link

House member pushes for immediate regulations after free education ruling – Society

ouse of Representatives Commission X deputy chairwoman Maria Yohana Esti Wijayati has called for the immediate formulation of national regulations following the Constitutional Court’s ruling mandating free education at the elementary and junior high school levels. “We need to act seriously and begin translating the Constitutional Court’s decision into actionable policy,”… Source link

QRIS & GPN: Navigating Trump Tariffs | Trade & Policy

Indonesia Navigating US Trade Concerns Over Digital Payment Systems Table of Contents Indonesia Navigating US Trade Concerns Over Digital Payment Systems QRIS & GPN: Navigating Trade policy and the Impact of Tariffs Understanding tariffs and Their Impact on Trade QRIS: A Digital Payment Solution for Indonesian Businesses QRIS and Small and Medium-Sized Enterprises (SMEs) GPN: … Read more

Indonesia will not retaliate against Trump tariff: Airlangga – Regulations

ndonesia will not retaliate against US President Donald Trump’s 32 percent trade tariff on Southeast Asia’s largest economy, its senior economic minister said on Sunday in the government’s first response to the levy. Coordinating Economic Affairs Minister Airlangga Hartarto said in a statement that Indonesia would pursue diplomacy and negotiations to find mutually beneficial… Source link

Indonesia, Malaysia coordinate response to US tariffs, emphasize ASEAN unity

Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto walks after speaking to media to attend the swearing-in ceremony of ministers and a deputy minister at the Presidential Palace in Jakarta on Aug19, 2024. (PHOTO / AFP) JAKARTA – Indonesia’s Coordinating Ministry for Economic Affairs has announced that Indonesia was working closely with Malaysia to respond … Read more

Indonesia, Malaysia Discuss Joint Response to Trump’s ‘Liberation Tariffs’

Jakarta. Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto met with Malaysian Prime Minister Anwar Ibrahim on Friday to discuss a joint response to the sweeping US tariff hikes, which President Donald Trump has controversially dubbed “liberation day” for the American people. Indonesia and Malaysia are among several nations now facing US tariffs exceeding the … Read more

Eid celebrations in Indonesia and India face economic and political challenges

The usual festive mood of Eid ul-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods. Consumer spending ahead of the biggest religious holiday for Muslims, which was celebrated on Sunday in Indonesia, … Read more

Indonesia Has to Put A Sum of Money in BRICS’ New Development Bank to Join

Jakarta. Indonesia has to put a sum of money in the BRICS-backed New Development Bank or NDB if it wishes to become a member, according to a senior minister. President Prabowo Subianto recently unveiled his intentions for Indonesia to secure a seat at the NDB. The announcement came about three months after Indonesia officially joined … Read more

Indonesia, Russia to Have Trade Talks Ahead of Prabowo-Putin Meeting

Jakarta. Indonesia and Russia will have bilateral trade talks next month ahead of President Prabowo Subianto’s first-ever state visit to Moscow, according to a Russian diplomat. Senior minister Airlangga Hartarto recently unveiled Prabowo’s plans to meet his Russian counterpart Vladimir Putin in Russia this June. Airlangga said Prabowo would ink a principal agreement related to … Read more