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International Labour Organization (ILO) Director-General Gilbert Houngbo speaks during a press conference after a meeting of the heads of international financial and economic organizations in Berlin on Nov. 29, 2022.
International Labour Organization (ILO) Director-General Gilbert Houngbo speaks during a press conference after a meeting of the heads of international financial and economic organizations in Berlin on Nov. 29, 2022.`
Regulations

ILO wracked by 'unprecedented' crisis: director-general

The International Labour Organization is facing a "serious" and "unprecedented" financial crisis as it grapples with dramatic cuts in international funding, its chief warned Monday.

2 hours ago
Economy premium

Footwear exports to US unaffected by latest scare, radiation task force says

A spokesperson for the government's anti-radiation team has said that aside from two footwear shipments linked to the same contamination source in Banten, no other incidents have been reported in recent weeks.

6 hours ago
Regulations premium

Coal miners demand price review as govt mulls higher DMO quota

Mining firms are urging the government to revise the domestic coal price benchmark, arguing that rising production costs make the current domestic market obligation (DMO) scheme unviable, even as authorities consider raising the mandatory sales quota.

16 hours ago

The Latest

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Companies premium

Medco eyes green power exports to Singapore in 2028

PT Medco Power Indonesia plans to export its first green electricity to Singapore in 2028 as part of a broader strategy to tap the country’s vast renewable energy potential and rising regional demand.

21 hours ago
Regulations premium

Tax blitz on evaders moving slowly, Purbaya seeks to secure Rp 20t by year-end

Based on the latest projections, the Finance Ministry expects to collect less than half of what the state had hoped to secure from tax evaders by the end of the year.

23 hours ago
Economy

Japan's economy contracts for first time in six quarters on tariff hit

Japan's economy shrank almost 2 percent in the three months through September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed on Monday.

1 day ago
Markets

Asian markets struggle as fears build over tech rally, US rates

Asian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment.

1 day ago
Economy premium

Danantara weighs $1.3b investment in Jordanian infrastructure, energy projects

Jordan's King Abdullah II has invited state asset fund Danantara to invest up to US$1.3 billion in infrastructure and energy projects in his country. The offer, extended during a two-day visit to Jakarta, opens the door to a major overseas move for the fund.

1 day ago
tech

Video podcasts become next streaming battleground

Google-owned YouTube is now the leading destination for podcasts in the United States, with 33 percent market share according to Edison Research, and more than one billion consumers worldwide.

3 days ago
tech

As AI data scrapers sap websites' revenues, some fight back

A swarm of artificial intelligence "crawlers" is running rampant on the internet, scouring billions of websites for data to feed algorithms at leading tech companies - all without permission or payment, upending the online economy.

3 days ago
tech

Responsible AI needs shared responsibility to safeguard trust

As AI adoption races ahead, the same tools driving personalization and efficiency are also unlocking new dangers, from biased credit scoring and data misuse to ever more cunning financial scams.

1 week ago
tech

Meta, Oracle turn to massive debt to finance AI race

On a day when Facebook-parent Meta's share price plunged on the heels of disappointing quarterly earnings, demand for its bonds was reportedly four times greater than supply in a market keen to hold the social networking titan's debt.

2 weeks ago
economy

Japan's economy contracts for first time in six quarters on tariff hit

Japan's economy shrank almost 2 percent in the three months through September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed on Monday.

1 day ago
economy

Trump cuts tariffs on beef, coffee and other foods as inflation concerns mount

US President Donald Trump on Friday rolled back tariffs on more than 200 food products, including such staples as coffee, beef, bananas and orange juice, in the face of growing angst among American consumers about the high cost of groceries.

2 days ago
economy

Trump signs order to lower tariffs on beef, coffee, other goods

The Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.

2 days ago
markets

Asian markets struggle as fears build over tech rally, US rates

Asian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment.

1 day ago
markets

Yen squeezed, stocks firm as US shutdown set to lift

Stocks and gold paused for breath on Thursday as the US Congress voted to end the longest government shutdown on record, with markets waiting for the resumption of US economic data to gauge the rates outlook.

5 days ago
markets

Asian markets up on hopes over shutdown deal, rate cut

Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut.

6 days ago
markets

Asian markets bounce from selloff as US jobs beat forecasts

Asian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.

1 week ago
markets

Asian markets tumble as tech bubble fears grow

Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.

1 week ago
markets

OPEC+ further hikes oil output

The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.

2 weeks ago

Today's ePost

Tue, November 18, 2025

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