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Pertamina will partner with foreign investors to develop a strategic crude oil storage facility in Sumatra, aiming to increase the national reserves storage capacity to 90 days, a senior government official has said.
2 hours agoÖzlem Fidanci, chief of Philips International Region and member of the Royal Philips Executive Committee, spoke to The Jakarta Post during her visit to Jakarta about Philips’ initiatives and healthcare technology innovations, underscoring the company’s longstanding commitment to expanding equitable access to quality health care in Indonesia.
3 hours agoFriderica Widyasari Dewi has been formally appointed as OJK chair, alongside several other leaders, in an accelerated selection process to restore market certainty amid the Mideast war, according to the government.
3 hours agoExplosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.
5 hours agoThe US government is launching two new trade investigations into excess industrial capacity in 16 major trading partners, including Indonesia, to rebuild tariff pressure after the US Supreme Court tore down much of Trump's tariff program last month.
9 hours agoSoaring medical claims would force private insurers to raise premiums, ultimately squeezing individual policyholders and employers, who may either cut coverage or pass costs on to workers.
11 hours agoThe target for year-on-year GDP growth of 5.5 to 6 percent in the first quarter remains in place, Finance Minister Purbaya Yudhi Sadewa announced on Wednesday.
19 hours agoThe slowdown followed an unusually strong start to the year rather than a more fundamental shift in investor appetite.
1 day agoTrump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.
1 week agoNew data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.
2 weeks agoTech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.
3 weeks agoAs artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.
3 weeks agoChina's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
3 weeks agoThe US government is launching two new trade investigations into excess industrial capacity in 16 major trading partners, including Indonesia, to rebuild tariff pressure after the US Supreme Court tore down much of Trump's tariff program last month.
9 hours agoThe economy of Batam continued to show strong momentum toward the end of 2025, with economic growth reaching 7.49 percent year-on-year (yoy) in the fourth quarter (Q4), the highest among regions in Riau Islands province.
1 day agoThe selection process is accelerated because of concerns about financial market volatility due to conflict in the Middle East, Finance Minister Purbaya Yudhi Sadewa said.
1 day agoÖzlem Fidanci, chief of Philips International Region and member of the Royal Philips Executive Committee, spoke to The Jakarta Post during her visit to Jakarta about Philips’ initiatives and healthcare technology innovations, underscoring the company’s longstanding commitment to expanding equitable access to quality health care in Indonesia.
3 hours agoIn a world where travel has become the norm, travelers are continuously searching for an experience that has the ability to enrich their adventures, without dealing with any obstacles or hassles. Therefore, businesses have to evolve and innovate in order to meet the expectations of their consumers.
2 days agoAs non-nickel EV batteries gain ground globally, the strategy of developing nickel-based batteries is reaching a critical juncture.
2 days agoExplosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.
5 hours agoThe slowdown followed an unusually strong start to the year rather than a more fundamental shift in investor appetite.
1 day agoShares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the US-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.
1 day agoOil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
2 days agoIran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.
2 days agoThe dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth.
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