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Central bank indexes measuring consumer confidence and retail sales both dipped in June, pointing to ongoing weakness in household spending as a key pillar of Indonesia’s economy.
6 hours agoThe Pertamina Pride, carrying 2 million barrels of Saudi Arabian crude loaded in early March, cleared the Strait of Hormuz on Wednesday after departing the Arabian Gulf a day earlier, according to Pertamina's shipping subsidiary.
10 hours agoIndonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall.
11 hours agoThe panel upheld one Indonesian complaint, concluding that the European Commission failed to correctly convert the currency of certain transactions.
11 hours agoThe finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.
12 hours agoAsian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.
16 hours agoThe Indonesia Stock Exchange (IDX) Composite index is expected to rebound in the second half as easing MSCI concerns, fiscal stimulus and attractive valuations lift investor sentiment, but policy uncertainty and external risks could temper gains.
19 hours agoIndustry association, experts call for transparent, fair law enforcement to ensure legal certainty, market confidence and sustainable electricity in Indonesia.
1 day agoOpenAI has discussed giving the US government a 5 percent stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.
1 week agoVenture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.
2 weeks agoThe presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs."
2 weeks agoThe panel upheld one Indonesian complaint, concluding that the European Commission failed to correctly convert the currency of certain transactions.
11 hours agoIn a meeting with BP Batam, the President has emphasized that the free trade zone and tropical attraction should serve as a national model for downstream industrialization, investment acceleration, regulatory reform and logistics efficiency.
1 day agoMeta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.
2 days agoSamsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.
2 days agoA shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.
2 days agoSchool holidays are officially here, bringing with them comes the perfect excuse to rediscover our own neighborhood. This season, Gojek is transforming the way Indonesians explore their cities with the launch of Jalan Jajan, a curated, hyper-local recommendation playbook embedded right inside the Gojek app while championing local business.
3 days agoThe biggest challenge for the implementation of B50 is how to balance palm oil demand between biodiesel, food needs and exports.
2 days agoAsian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.
16 hours agoOil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in the Strait of Hormuz.
1 day agoAsian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.
3 days agoSoon after disembarking at Hong Kong's train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to evade tighter restrictions on capital leaving the country.
5 days agoAsian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal Reserve interest rate hike.
6 days agoAsian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for US jobs data that could gives hints about the risk of interest rate hikes.
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