The government's plan to task newly formed DSI with managing strategic commodity exports could spell increased credit risk for producers, though more robust or diversified companies are likely to better weather the policy shift, says a June 12 report from Fitch Ratings.

'The extensive investigatory record reviewed by the Division suggests that the impact of the transaction will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers,' DOJ said.

Despite ongoing efforts to bridge Indonesia's digital divide, robust digital infrastructure remains critical to unlocking the full potential of the country's digital economy.

The Kalla Group currently operates hydroelectric power plants with a combined capacity of around 1,500 megawatts (MW) and is preparing to add another 2,000 MW through new projects, including gas-fired plants. 

Danantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.  

A submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.

The investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.

The merger was exercised amid the increased needs for brands on a more integrated marketing solution. 

The company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.

The world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.

In February, the Jakarta Customs and Excise Directorate General shut down three Tiffany & Co outlets across Jakarta shopping malls, including Plaza Senayan, Plaza Indonesia and Pacific Place, over allegations of illegal imports.   

Foreign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.

The Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.

Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.

The government has been pushing for the integration of both firms since 2016 in a bid to address challenges faced by KAI in procuring railways, while also expecting the merger to improve delivery reliability and quality of railway equipment.  

The ride-hailing service provider has reaffirmed its commitment to investment in the country despite concerns over a commission cap

Japanese tech investor SoftBank will spend 75 billion euros (US$87.5 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in an interview released Saturday.

Wilmar shares tumbled 10.5 percent after the government named the palm oil giant in a widening export pricing investigation.

Across Indonesia, women continue to break barriers and step into roles once considered unconventional. That spirit is reflected in the growing presence of women across technical and leadership roles—opening new pathways across industries that are rapidly evolving.

The legal restructuring process for Kawasan Industri Indonesia is expected to be completed this year, which will allow the firm to begin its full operations in 2027.   

Samsung Electronics' labor union is expected to announce Wednesday whether chip workers voted to ratify a wage deal that would deliver massive AI-linked bonuses and helped avert a major strike.

Australia, India and several other countries are seeking Indonesian fertilizer supplies as geopolitical tensions disrupt global markets, but industry players say long-term competitiveness will depend on technology and workforce upgrades.

The state-owned infrastructure financier has struck a deal with local solar project developer GREI as part of efforts to accelerate the national energy transition and boost green financing.

The potential export deal follows an earlier Agriculture Ministry projection that achieving rice self-sufficiency had placed the country in a position to start exporting the staple grain.

According to Bloomberg, notifications went out beginning in the early morning hours, with Singapore-based workers among the first to be informed.

Samsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of around US$416,000 for some workers gave rise to some concern.

Traditionally brewed as a herbal drink to prevent or treat ailments, jamu has been given a modern twist by Juara, which has transformed its natural ingredients into contemporary skincare products.