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Indonesia only narrowly avoided a trade deficit in April as the cost of imported oil and gas products skyrocketed in April.
6 hours agoStatistics Indonesia (BPS) reported that the consumer price index (CPI) surged by 3.08 percent year-on-year (yoy) in May, though it remained below Bank Indonesia’s (BI) inflation target of 1.5 to 3.5 percent. ...
10 hours agoTo increase understanding of how loyalty programs drive customer retention, the APEC Loyalty Trends Report 2026 by Marriott Bonvoy writes a new playbook for travelers in Indonesia and the surrounding region. ...
12 hours agoNational data on sales of sacrificial animals for Idul Adha show that while the kurban market might appear healthy, changes in consumer behavior over the past few years indicate growing caution in spending.
14 hours agoEven before the shock from the Iran war, regional electricity consumption surged by 24 percent between 2021 and 2025, but 70 to 80 percent of that new demand was met by coal and gas.
20 hours agoAccording to the Sidoarjo Mudflow Control Center (PPLS), the agency received Rp 287.7 billion in state budget funding in 2025 to manage the disaster.
3 days agoHarbour Energy has completed the US$215 million divestment of its participating interests in the Natuna Sea Block A and in the Tuna Block to Prime Group.
4 days agoFrench President Emmanuel Macron described Indonesia as one of France’s key strategic partners in the Indo-Pacific, adding that both countries could help build broader international cooperation without becoming overly dependent on any single economic power.
4 days agoBritain will create additional work experience and training placements for young people, the government said on Friday, a day after a review warned the country risked a "lost generation" locked out of work.
4 days agoFuture projects may gradually flow to markets perceived as lower-risk in power uncertainty, such as Malaysia or Thailand, unless reliability improvements are quickly made, experts noted.
5 days agoThe Bandung administration hopes the airport can recover passenger traffic levels seen before the pandemic and before the transfer of most flights to Kertajati International Airport in Majalengka, which is located in the eastern part of West Java.
5 days agoHong ​Kong has overtaken Switzerland as the top global booking center for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.
6 days agoThe government is allocating funds for transportation discounts during the school vacation period and the Christmas and New Year (Nataru) season, in a bid to stimulate domestic mobility and consumption.
6 days agoOne company that had fallen victim to the war was PT Xacti Indonesia, formerly known as Sanyo, which had been axing workers since last year due to financial hardships and was forced to close shop permanently this month.
1 week agoSingapore's economy grew 6 percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday.
1 week agoIndonesia has maintained relatively low bond yields, reducing the spread with US Treasuries, but economist views differ on whether that is a vote of confidence in Indonesia’s economy or an unhealthy market condition.
1 week agoEuropean Union countries will face large bills for defense, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers on Saturday, suggesting a mix of reforms, consolidation and joint borrowing as a way to manage that.
1 week agoThe EU executive team including Sejourne will hold a special debate next Friday on how the 27-nation bloc should approach China to level the playing field.
1 week agoMiddle-class Indonesians are among the groups most vulnerable to currency depreciation, because a larger share of their spending is impacted by changing exchange rates.
1 week agoAsia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain resilience in the face of global shocks, including the US-Israeli war on Iran.
1 week agoEconomic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May, as a war-driven surge in living costs hammered demand for services and pushed overall input price inflation to its highest in three-and-a-half years, a survey showed on Thursday.
1 week ago"We are monitoring the situation ... and several steps are under consideration. The situation is globally quite challenging," Goyal said.
1 week agoThe plan was unveiled by Defense Minister Sjafrie Sjamsoeddin following his meeting with United States Defense Secretary Pete Hegseth last month, during which Hegseth conveyed his intention to build a maintenance hub for the Hercules aircraft.
1 week agoThe case centers on PT Perusahaan Air Indonesia Amerika (PAIA), a foreign investment joint venture backed by investors from the United States, Singapore and Saudi Arabia, which alleged it had been unfairly treated by state-owned firm ITDC.
1 week agoThe rupiah’s depreciation has raised the costs for Indonesia’s National Strategic Projects, with contractors warning of squeezed margins, cash flow strain and potential construction delays for import-heavy infrastructure works.
1 week agoIn a speech outlining the Macroeconomic Framework and Fiscal Policy Points (KEM-PPKF), Prabowo told the House of Representatives on Wednesday that the deficit for 2027 was set at 1.8 to 2.4 percent of gross domestic product (GDP), below the legal cap of 3 percent.
1 week agoEU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc's nearly year-old trade pact with the United States, with President Donald Trump threatening new tariffs unless it is done by July 4.
1 week agoBeyond negative sentiment related to warning from global index compiler MSCI, global investors have also become more sensitive to concerns surrounding Indonesia’s fiscal resilience, particularly amid rising global energy prices.
2 weeks agoJapan's economy grew faster than expected in the first quarter on solid exports and consumption, data showed, though momentum will face a severe test as the full force of the energy shock from the Iran war filters through businesses and consumers.
2 weeks agoAuthorities noted that unfavorable weather conditions and attacks from plant pests and diseases had temporarily disrupted agriculture production in several areas.
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