Executives stress need for unity for the lobby group to pursue its key mission or representing business interests.

The Global Islamic Financial Institutions Forum 2025, hosted by Standard Chartered in Dubai, brought together leading figures from the Islamic finance industry to explore new strategies for cross-border collaboration and sustainable growth.

The drop in stocks could support the rally in benchmark futures, which are already hovering near their highest levels in more than two years. Malaysia is the world's second-largest producer of palm oil after neighbouring Indonesia.

The agreements signed at Beijing’s Great Hall of the People cover investments in high-tech manufacturing, renewable energy, health and the downstream processing of 26 key commodities, along with initiatives in food security and finance.

The council's deputy head told reporters on Tuesday that it would not venture into policymaking or technical decision-making, which would remain the authority of ministries and agencies.

Indonesian businesses are concerned that restrictive trade policies from United States president-elect Donald Trump will incentivize Chinese producers to divert large quantities of goods to Southeast Asian markets and create barriers for Indonesian exports to the US.

China and Indonesia have agreed to strengthen cooperation in key sectors, including lithium, new energy vehicles, green energy and tourism, according to a joint statement released on Saturday.

China's consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world's number two economy.

Long Indonesia’s premier tourist destination, Bali keeps getting all the attention, and ongoing government initiatives, rather than spread out development across the country, further cement the island’s dominance, to the extent that many now worry about overtourism.

The HSBC Quality of Life 2024 study found that affluent customers in Indonesia considered funds of Rp 5.37 billion (US$340,000) to be the ideal amount to enter retirement.

Vietnam has one of the largest trade surpluses with the US.

China's outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war looms.

The Bank Indonesia governor said Trump’s presidency could have broad implications for emerging markets like Indonesia, impacting exchange rates and capital flows.

Statistics Indonesia (BPS) reported a decrease in unemployment to 4.91 percent or 7.47 million, with significant implications for the labor market.

Fed will have to keep rates high, hitting emerging markets

The newly established National Economic Council (DEN) is tasked with providing recommendations to the President on strategic economic issues.

Indonesia’s gross domestic product (GDP) growth has slowed down every quarter this year on the back of a slowdown in household spending, which economists attribute to weakening purchasing power.

The growth in loans issued to micro, small and medium enterprises has diverged significantly from overall loan growth, hampering a business segment that is vital for employment.

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot in a razor-edge presidential election campaign where cost-of-living worries have dominated voter concerns.

Success stories among their peers and a plethora of user-friendly investing apps are luring ever more young Indonesians into the stock market, but some learn the hard way that risk and opportunity go hand in hand.  

President Prabowo Subianto has appointed his brother, Hashim Djojohadikusumo, as a special envoy to the United Nations COP29 climate summit set to be held in the Azerbaijani capital of Baku from Nov. 11-22.

Indonesia's headline annual inflation rate cooled in line with expectations, but its core inflation rate accelerated to its highest in over a year, official data showed on Friday.

The United States Department of Commerce (USDOC) has reduced the antidumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether.

The senior food minister says a nearly 22 percent jump in the government’s food security budget has been earmarked for next year in a bid to fulfill the President's promise to achieve food self-sufficiency during his five-year term.

Indosat Ooredoo Hutchinson has secured excellent financial performance, with double-digit growth in the first nine months of 2024, driven by the company’s focus on operational excellence. Indosat reported double-digit growth, exceeding the industry’s benchmark with a substantial increase in various key financial indicators. This achievement is expected to help Indonesia's telecommunications industry grow, reversing the declining trend seen throughout the year. 

President Prabowo Subianto wants to build 1 million apartments per year to address the country’s urban housing backlog, but experts warn the plan may come up short if those properties are out of reach for the middle class.

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 percent at the end of its highest profile trade investigation that has divided Europe and prompted retaliation from Beijing.

For now, many believe that Indonesia can only grow at around 5 percent annually, a figure that better reflects its current short-term domestic capacity.

The housing minister has revealed that the 2025 budget allocation for building 3 million new homes is a little less than one-third of last year's, compared to his estimated fund of Rp 23.32 trillion required to meet the target.

The administration of President Joe Biden has finalized curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said Monday.