Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has proposed increasing Indonesia’s oil and LPG import quota from the United States to a value exceeding US$10 billion (approximately Rp167.73 trillion). The proposal aims to rebalance the trade deficit between Indonesia and the United States.

Indonesia's cost of living is significantly outpacing average salaries, with monthly expenses approximately doubling average incomes, driven primarily by inflation in housing, electricity, and food prices following the removal of electricity subsidies in March 2025. Households struggling with stagnant wages are adopting coping strategies including supplementary employment, relocation to cheaper areas, and growing public demands for wage improvements and housing affordability reforms.

Indonesia is like a sleeping tiger in a field of global opportunity — full of potential, yet motionless. If the cabinet reshuffle is not met with strategic decisions, stagnation could transform into a crisis of confidence. And when that moment arrives, market corrections will speak louder than officials’ speeches. Markets are beginning to revolt.

JAKARTA — Regional governments are considered to play an important and strategic role in attracting direct investment, particularly for the development of their respective areas and economies. This was stated by Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, during a working visit to Palu, Central Sulawesi, on Thursday (17/4/2024). The visit was conducted to review investment realisation achievements in the region.

Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, has emphasised the strategic importance of regional governments in attracting investment for local economic growth. He made the remarks during a working visit to Palu, Central Sulawesi, to review the province’s investment performance. “Regional governments have a strategic role in attracting investment, particularly for economic growth in their respective areas,” Todotua said in a statement on Saturday (19/4).