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Economy
premium
Refineries ready to process Russian crude, Pertamina says
Indonesia’s state-owned oil and gas company has confirmed that its refineries are capable of processing Russian crude, as the government eyes direct imports.
2 minutes ago
Economy
Five centuries of Jakarta: Building a 'bleisure' bridge to global city status
The city could target high-value spenders who might attend a morning conference in Sudirman but demand a world-class culinary adventure in South Jakarta at night.
5 hours ago
Regulations
premium
LNG price surge a 'wake-up call' over import reliance, PLN warns
PLN reports that gas reserves for power plants stand at roughly 12 days of operation (HOP), with coal reserves at 15.9 operating days as of April.
6 hours agoThe Latest
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Economy
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Purbaya addresses US investors in first overseas trip
The Finance Minister said in March that the waning international perception of the country might be his fault on account of global investors not knowing who he is.
7 hours ago
Markets
Sanctioned tanker turns back to Strait of Hormuz, day after Gulf exit
The US-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a US blockade on vessels calling at Iranian ports.
8 hours ago
Economy
US Treasury's Bessent says China has been unreliable partner by hoarding oil during war
US Treasury Secretary Scott Bessent said on Tuesday China had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports of some goods, mirroring its actions with medical goods during the COVID-19 pandemic.
12 hours ago
Regulations
premium
Doubts emerge over plan to turn PNM into MSME lender
Experts warned that turning PNM into a special mission vehicle (SMV) under the Finance Ministry risks duplicating existing institutions without tackling core issues like risk assessment, access and borrower repayment capacity.
23 hours ago
Companies
Mideast war revs up electric car demand in Asia
Asian nations have been particularly hard hit due to a sharp fall in the crude shipments they rely on -- and have few alternatives to replace them.
1 day agoPopular
- Govt insists on growth target as World Bank lowers forecast
- No more motorcycles for free meals program, says Purbaya
- AI fluency hides a persistent Western bias
- New justice puts Constitutional Court in spotlight amid TNI Law petitions
- Malaysia detains 210 Indonesians in maritime crackdown
- Stop press harassment
- Indonesia and US elevate to major defense cooperation partnership
- Jusuf Kalla reported to police over alleged blasphemy
- Prabowo, Putin pledge closer cooperation amid global volatility
- Hotels see insignificant surge during Idul Fitri holiday
tech
Tesla's supervised self-driving software gets Dutch okay, first in Europe
Tesla is also counting on self-driving software to boost vehicle sales, which have slowed in Europe due to its aging EV lineup and Musk's far‑right political rhetoric that has alienated some consumers.
4 days ago
tech
Indonesia sends letter of reprimand to YouTube over breach of social media curbs
Indonesia requires social media companies with platforms it deems high risk to deactivate accounts belonging to children under 16, with the sanctions could go as far as a block on the platforms.
5 days ago
tech
Govt summons Meta, Google over noncompliance with child social media curbs
Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.
2 weeks ago
tech
Roblox to introduce new controls in Indonesia to comply with child social media block
Indonesia will require platforms to deactivate "high risk" social media accounts for under 16s, according to a ministerial regulation issued earlier this month.
3 weeks ago
tech
OpenAI to introduce ads to all ChatGPT free and Go users in US
OpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.
3 weeks ago
economy
Five centuries of Jakarta: Building a 'bleisure' bridge to global city status
The city could target high-value spenders who might attend a morning conference in Sudirman but demand a world-class culinary adventure in South Jakarta at night.
5 hours ago
economy
US Treasury's Bessent says China has been unreliable partner by hoarding oil during war
US Treasury Secretary Scott Bessent said on Tuesday China had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports of some goods, mirroring its actions with medical goods during the COVID-19 pandemic.
12 hours ago
economy
From oil shock to global financial market shift
Due to the reemergence of oil prices as a key determinant amid the Iran war, monetary authorities facing renewed inflation risks are becoming less likely to cut interest rates, keeping global borrowing costs elevated and tightening financial conditions across both advanced and emerging economies.
1 day ago
companies
Mideast war revs up electric car demand in Asia
Asian nations have been particularly hard hit due to a sharp fall in the crude shipments they rely on -- and have few alternatives to replace them.
1 day ago
premium
markets
Sanctioned tanker turns back to Strait of Hormuz, day after Gulf exit
The US-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a US blockade on vessels calling at Iranian ports.
8 hours ago
markets
Asian stocks rally, crude drops on lingering hope for a peace deal
Stocks rose and oil fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald Trump saying Tehran had called to seek an agreement even as a US naval blockade around Iran's ports began.
1 day ago
markets
Oil surges, stocks fall as Trump says to blockade Strait of Hormuz
Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears for energy supplies from the Middle East.
2 days ago
markets
US oil benchmark jumps 8%, surpasses $100 after failed US-Iran talks
The US oil benchmark rebounded above $100 a barrel on Monday after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports.
2 days ago
markets
Oil prices jump, stocks drop on Mideast ceasefire doubts
Oil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic.
6 days ago
markets
Crude rises, stocks fall on fears over nascent Iran ceasefire
Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon.
6 days ago
markets
Oil plunges, Asia stocks soar after US, Iran ceasefire
Stocks soared and oil plunged in early trade in Asia on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily to reopen the vital Strait of Hormuz.
1 week ago
