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The administration argued Friday for a delay of up to four months, before litigation on refunds is brought up again before the US Court of International Trade.
16 hours agoAn analysis by Mandiri Institute showed that 72.3 million people experienced a talent mismatch last year, meaning their education levels did not align with their job requirements. ...
22 hours agoS&P Global Ratings warned that escalating debt-servicing costs are increasing the risks to Indonesia’s sovereign credit profile and could trigger a negative rating action if sustained. ...
1 day ago"As agreed by both China and the United States... vice premier He Lifeng will lead a delegation to Malaysia from October 24 to 27 and hold economic and trade talks with the United States," Beijing's commerce ministry said in a statement.
4 months agoWhile the government’s call for unity resonates, experts and business leaders caution that the state-centric approach may stifle market forces unless accompanied by reforms to lower economic costs and strengthen the rule of law.
4 months agoOil lifting has surpassed the target started in the state budget for the first time since 2008, Energy Minister Bahlil Lahadalia announced, citing rising production and new measures to legalize tens of thousands of community-run oil wells.
4 months agoThe President envisions all top-level government officials switching to domestically produced cars to foster national pride, support the local automotive industry and reduce dependence on imported vehicles.
4 months agoAmid the slowdown in financing growth this year, the multifinance industry needs to find new strategies that can adapt and innovate with current conditions to stay both competitive and relevant.
4 months agoThe Chinese government has made a statement regarding the debt of the Jakarta-Bandung high-speed rail (HSR) service Whoosh, saying its benefits go beyond key financials.
4 months agoReaffirming its support for local businesses looking to expand into the global market, Indonesia Eximbank/Indonesian Export Financing Agency (LPEI) recently organized a business forum on how to enter the BRICS market.
4 months agoThe President ordered authorities to step up enforcement earlier this month in islands rich in the metal used in everything from electronics to making glass.
4 months agoChina's economic growth slowed to the weakest pace in a year in the third quarter, as a property crisis and trade tensions hurt demand, leaving policymakers with the daunting challenge of rebalancing GDP drivers towards greater consumption over time.
4 months agoThe government must zero in on strengthening manufacturing, cutting logistics costs, ensuring legal certainty and preserving fiscal credibility if it wants to turn the President's 8 percent growth dream into reality, experts say, and perhaps kill the free meals program..
4 months agoStar Wars: Starfighter is filming in Britain, soundstages in Hungary are packed and post-production houses in Australia are humming, as the global film industry keeps rolling despite US President Donald Trump’s renewed threats to impose tariffs on movies made outside of the United States.
4 months agoEnglish winemakers are betting that surging exports can sustain their once novelty product after domestic sales growth slowed, hoping for a boost from Britain's warmest summer on record this year as climate change optimized conditions.
4 months agoInvestment growth slowed in the third quarter as foreign direct investment (FDI) logged its steepest annual drop in five years, while domestic investors continued to sustain the gains.
4 months agoCanberra has officially revoked the antidumping duty (BMAD) on clear float glass products from Indonesia, opening a new chapter for exporters, after an Australian competitor ceased production.
4 months agoThe president pledged to strengthen oversight, introduce stricter sanitation procedures and invest in new kitchen equipment and water filters amid reports of food poisoning in the free meals program.
4 months agoCanadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest US$13 billion in the United States threatens Canadian jobs, urging action to counter what they called another casualty of President Donald Trump's trade war.
4 months agoThe finance minister said the funds have not been allocated yet, so there was no real money to be returned, while urging better absorption in the free meals program.
4 months agoDecisions by most countries to not retaliate against US President Donald Trump's tariffs are among the top factors bolstering the global economy's resilience, IMF Managing Director Kristalina Georgieva said on Tuesday.
4 months agoThe landmark Indonesia-EU CEPA signals potential benefits for both sides and particularly wider and more certain market access for Indonesia.
4 months agoThe United States and China on Tuesday will begin charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.
4 months agoThe latest rupture followed China's announcement on Thursday that it would dramatically expand its rare earths export controls. That drew a sharp countermeasure from Trump on Friday that sent markets and relations between the world's two largest economies into a spiral.
4 months agoThe government has launched a drive to increase productivity as Indonesia’s labor productivity remains among the lowest in Southeast Asia, threatening long-term growth. Experts warn that red tape, weak incentives and regional disparities undermine the competitiveness of local companies.
4 months agoPresident Prabowo Subianto has dismissed Arief Prasetyo Adi from his post at the helm of the National Food Agency (Bapanas) and appointed Agriculture Minister Andi Amran Sulaiman as his replacement.
4 months agoThe government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.
4 months agoKadin has pointed to carbon markets as one of four key areas, while BloombergNEF notes the country's potential to become a net exporter of forestry credits to offset carbon emissions.
4 months agoThe White House said Friday it had begun mass layoffs of federal workers as President Donald Trump sought to amp up pressure on opposition Democrats to end a government shutdown that has crippled public services.
4 months agoChina, the world's largest bilateral creditor, has historically played a key role in financing infrastructure projects across the Global South, committing over $472 billion through its policy banks, the China Development Bank and Export-Import Bank, between 2008 and 2024.
4 months agoUS President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports.
4 months agoThe government wants to send thousands of Indonesians to Japan for work experience under a program that promises mutual benefits but that critics say is not without economic risks.
4 months agoThe Energy and Mineral Resources Ministry has issued a landmark regulation legalizing the exploitation of community-owned wells.
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