Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as companies urge adjustments to the rule out of concern over its impact on their cashflows.

JAKARTA (Reuters) - Indonesia's President Prabowo Subianto is considering pardons for prisoners linked to armed organisations in the restive easternmost province of Papua, including separatists, providing they renounce violence and abandon secessionist agendas, a senior minister said on Wednesday.

Indonesia is close to a deal with Apple Inc over an investment plan that could lift a ban on iPhone 16 sales in the country, Bloomberg News reported on Tuesday, citing an interview with investment minister Rosan Roeslani.

Indonesia's oil and gas exporters will be exempted from the new rule mandating that all proceeds from natural resource exports be kept onshore for a year.

Indonesia aims to limit emissions growth to 23% by 2035 from 2019 levels through conserving forests and peatlands to mitigate pollution, according to a top official.

Indonesia’s plan to force commodity firms to keep export earnings onshore for a year will create new challenges for companies that are already dealing with rising regulatory uncertainty.

China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm's ambition to dominate in the market where Japanese automakers are popular.

The now almost four month-long ban on sales of the iPhone 16 in Indonesia may be lifted "very, very soon," according to a government minister.

Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.

JAKARTA (Reuters) - Nearly 81% of Indonesians approve of President Prabowo Subianto after 100 days in office, a poll showed on Monday, attributing the high rating to his early delivery on campaign promises.

Indonesia is close to a deal with Apple Inc for an investment plan that could lift a ban on iPhone 16 sales in the country, investment minister Rosan Roeslani told Bloomberg News on Tuesday. "Hopefully within one or two weeks this issue can be resolved",