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Bussiness | Economy

Shopee & Tokopedia Sellers to Be Taxed? Sri Mulyani's Staff Explains

00:50, 27 Jun 2025

The Directorate General of Taxes (DGT) at the Ministry of Finance is preparing a regulation that would require e-commerce companies like Shopee and Tokopedia to collect taxes from sellers operating on their platforms. Rosmauli, Director of Counseling, Services, and Public Relations at the DGT, state

World Abandons Indonesiaâ€™s Coal - Is This the End of the Fossil Fuel Golden Era?

00:50, 27 Jun 2025

Coal Prices Decline, Indonesia Faces Severe Export Challenges Coal prices have continued to drop over the past two days, signaling a serious warning for Indonesia. Amid this price slump, Indonesian coal is now under pressure to maintain its export foothold across several countries. A

Pertamina International Shipping Profit Soars to IDR 9 Trillion - Whatâ€™s the Secret?

00:50, 27 Jun 2025

PT Pertamina International Shipping (PIS) successfully posted a revenue of US$ 3.48 billion or approximately Rp 56.37 trillion (using an exchange rate of Rp 16,200) in 2024, reflecting a 4.48% increase from US$ 3.33 billion in 2023. The company’s profit also soared by 69.31%, rising from US$ 3

Oil Prices Plunge After Iran and Israel Agree to Ceasefire, Global Market Reacts

11:46, 25 Jun 2025

Global oil prices fell as much as 6% following market expectations that a ceasefire between Iran and Israel would ease supply disruption risks from the Middle East region. However, the truce was seen as fragile after U.S. President Donald Trump accused both sides of violating the agreement just hour

Coal Prices Plunge After 9-Day Rally, Warning Signal from China?

11:46, 25 Jun 2025

Coal prices finally plunged after enjoying a strong nine-day rally. The decline was primarily triggered by weakening demand from China and a sharp drop in global oil prices. According to Refinitiv data, coal prices closed at US$ 109.9 per ton on Tuesday (June 24, 2025), falling by 2.7%.

Indonesia's Competitiveness Drops to Rank 40 â€” Whoâ€™s to Blame?

11:46, 25 Jun 2025

Indonesia's competitiveness has significantly declined, based on the World Competitiveness Ranking (WCR) 2025 released by the Institute for Management Development (IMD). The country plummeted in the rankings from 27th to 40th place. With only 69 countries assessed in the survey, Indonesia now fi

If Iran Closes the Strait of Hormuz, What Happens to Indonesiaâ€™s Economy?

11:46, 25 Jun 2025

Indonesia is expected to be affected if Iran proceeds with closing the Strait of Hormuz in its ongoing war against Israel. The narrow waterway between Iran and Oman serves as a critical trade route for approximately 20 million barrels of oil per day, or 20% of global consumption. It is also a key co

Indonesia at Risk from US-Iran War Fallout, World Urges Peace Initiative

10:46, 24 Jun 2025

The intensifying conflict in the Middle East between Israel and Iran—coupled with the involvement of the United States (US)—is anticipated to negatively affect Indonesia. This is primarily due to the expected surge in global crude oil prices. As a net oil importer, Indonesia is likely to

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