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Pertamina is racing to secure the release of two of its tankers stuck in the Persian Gulf through diplomatic channels, as analysts warn that the recent US-Iran ceasefire does little to guarantee safe passage through the politically charged Strait of Hormuz.
31 minutes agoOil 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.
1 hour agoZentara is an Indonesian cybersecurity company founded in 2025. CEO Regal Rauniyar Star spoke to The Jakarta Post’s Ruth Dea Juwita about closing domestic gaps, how AI reshapes cyberthreats and the company’s ambition to compete with global players.
5 hours agoThe facility is designed as an integrated melamine production chain with an annual capacity of up to 120,000 tonnes and is targeted to commence operations in the second quarter of 2027.
7 hours agoHeavy equipment sales in Indonesia are expected to pick up in the second half of this year, driven by the gradual approval of mining companies’ annual production plans (RKAB), industry players say, although rising commodity prices have yet to trigger immediate demand.
10 hours agoOil 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.
11 hours agoResearchers from the Center for Strategic and International Studies (CSIS) have called on the government to pursue strategic diversification to shield Indonesia from heightened global risk.
15 hours agoA de-escalation in the United States-Israeli war on Iran has helped the rupiah bounce back somewhat after approaching its historic low, but economists say the Indonesian currency remains subject to a range of risks.
1 day agoIndonesia 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.
1 week agoIndonesia will require platforms to deactivate "high risk" social media accounts for under 16s, according to a ministerial regulation issued earlier this month.
2 weeks agoOpenAI 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.
2 weeks agoThe euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.
2 days agoSoutheast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.
3 days ago"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.
1 week agoOil 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.
1 hour agoOil 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.
11 hours agoStocks 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 day agoGlobal stocks wavered on Tuesday, while oil prices were perched near US$110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.
2 days agoCrude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.
3 days agoThe proposed reforms were unveiled after index provider MSCI warned in late January that the country was at risk of being downgraded amid concerns about a lack of transparency around stock ownership and trading.
6 days agoIndia sources most of its palm oil from Indonesia and Malaysia, while soy oil and sunflower oil are imported mainly from Argentina, Brazil, Russia and Ukraine.
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