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Economists say the country's poverty line no longer reflects actual living costs and are urging the government to revise it as soon as possible.
2 hours agoJBS has agreed to form a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production across Indonesia, Southeastern Asia, Australia and New Zealand, it said on Friday.
5 hours agoAs Indonesia enters a new chapter in biodiversity financing, experts caution against repeating the errors of the carbon market.
7 hours agoThe dollar drifted higher against the yen and euro on Friday, building on the previous day's gains as doubts about an Iran peace deal buffed the US currency's appeal as a haven.
11 hours agoThe World Bank announced on Thursday that it was providing US$750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses.
14 hours agoElectric vehicle adoption is accelerating and overall car sales have begun to recover in the first half of the year.
17 hours agoFor babies, complementary feeding is not simply a transition from milk to solid food... Mothers are not only feeding their children, they are also helping build curiosity, confidence and lifelong habits.
1 day agoRising spending among the wealthy while middle-class consumption loses steam suggests overall purchasing power is failing to keep pace with GDP growth.
1 day agoAI coding agents allow finance teams to build solutions without needing an engineering background, as they only need to define the logic and desired outputs, while the AI writes the code, tests it and connects it to relevant data sources.
2 days agoThe "create image" tool, unveiled Thursday, had integrated Google's Nano Banana 2 image-generation technology into Google Earth, letting users zoom into locations and build pictures in seconds based on the program's satellite, aerial and 3D-mapping data.
6 days agoAI safety experts say the new disclosures paint a portrait of a group of cutting-edge labs whose ability to develop dangerous autonomous hacking agents outstrips their ability to keep them under control.
6 days agoThe announcement was made as President Lee Jae Myung visited San Francisco for talks with the heads of major US technology companies, including OpenAI CEO Sam Altman and Nvidia's Jensen Huang.
1 week agoIn the United States, Boring Company runs the Vegas Loop in Las Vegas, Nevada, which began transporting passengers in 2021.
1 week agoPresident Lee's push to make South Korea a central player in the global AI supply chain comes as demand for chips and computing infrastructure outpaces supply, driving tech companies into closer partnerships with the country's semiconductor and memory leaders.
1 week agoAs Indonesia enters a new chapter in biodiversity financing, experts caution against repeating the errors of the carbon market.
7 hours agoThe World Bank announced on Thursday that it was providing US$750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses.
14 hours agoJBS has agreed to form a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production across Indonesia, Southeastern Asia, Australia and New Zealand, it said on Friday.
5 hours agoFor babies, complementary feeding is not simply a transition from milk to solid food... Mothers are not only feeding their children, they are also helping build curiosity, confidence and lifelong habits.
1 day agoIndonesia is expanding infrastructure, strengthening industrial capacity and accelerating digital adoption while pursuing growth that is more resilient, inclusive and sustainable. In an increasingly uncertain world, where supply chains shift rapidly and capital responds instantly to global events, the role of an international bank has evolved. It is no longer merely a facilitator of cross-border transactions, but a strategic partner that helps businesses and institutions navigate complexity with confidence.
2 days agoIndonesian President Prabowo Subianto will move quickly to appoint a new central bank governor and interim head Destry Damayanti is the frontrunner for the role, a source with direct knowledge of the matter told Reuters.
1 day agoDespite an annual tobacco production shortfall of just 75,000 to 100,000 tonnes, Indonesia imports more than twice that volume from abroad.
3 days agoThe dollar drifted higher against the yen and euro on Friday, building on the previous day's gains as doubts about an Iran peace deal buffed the US currency's appeal as a haven.
11 hours agoAsian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the Strait of Hormuz dragged on oil prices and bond yields.
2 days agoSouth Korea's Kospi swung between gains and losses, with chip giants SK hynix and Samsung, which have been the poster boys of a month-long AI-themed rout, center of attention again.
3 days agoThe yen leapt on Monday, keeping traders on alert for further intervention from authorities to shore up Japan's historically weak currency, days after Tokyo and Washington jointly intervened in the foreign exchange market.
4 days agoAsian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
1 week agoBrent futures slipped below US$90 per barrel, after jumping over 7 percent a day earlier as fighting in the Middle East escalated, although data showed tankers continued to make their way out of the region despite the continued strikes.
1 week agoOil prices jumped after fresh attacks in the Middle East shattered the relative calm of recent days in the US-Iran war as investors fret about the impact of depleting supplies on prices and global rates.
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