Divya Karyza

2 days ago | thejakartapost.com | Divya Karyza

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce. The Trade Ministry’s acting foreign trade director general, Isy Karim, said the ministry was ready to review a proposal to restrict the import of the commodities. The review would be conducted in coordination with Office of the Coordinating Economic Minister.

6 days ago | thejakartapost.com | Divya Karyza

The government has announced a plan to replace oil imports from Singapore with direct shipments of the commodity from producers in the Middle East. “I immediately decided that, for the next six months, we are no longer allowed to import oil from Singapore. We will just import from the Middle East,” Energy and Mineral Resources Minister Bahlil Lahadalia said on Thursday at the Golkar Party’s headquarters in Palmerah, West Jakarta.

1 week ago | thejakartapost.com | Divya Karyza

Indonesia is looking to strengthen local currency usage in partnership with multilateral development banks (MDBs) amid global economic challenges and to support sustainable development. Deputy Finance Minister Thomas Djiwandono said one of the key tools for debt management was debt conversion, which supports the development of local currency markets as foreign debt is converted to local currency.

1 week ago | thejakartapost.com | Divya Karyza

The creation of a new task force signals growing government support for the early retirement of coal-fired power plants, but experts warn the initiative may fail unless it is backed by strong political will and international funding. The Energy and Mineral Resources Ministry will form a joint working team to accelerate the exit from coal power, as outlined in Ministerial Regulation No. 10/2025, which took effect on April 10.

1 week ago | thejakartapost.com | Divya Karyza

State-owned diversified miner Antam has been unable to sell its products for the past month since the government mandated the use of its mineral benchmark price (HPM), which is generally higher than the reference price most buyers use. The policy had made the company’s products unsellable because as buyers were unwilling to pay the HPM, Antam president director Nico Kanter said on Thursday, referring to the Energy and Mineral Resources Ministerial Regulation No. 72/2025 that took effect on Feb.