President Prabowo Subianto praised several major joint projects between Indonesia and China while urging Chinese companies to deepen their involvement in Indonesia’s economy, creating jobs and transferring technology.

US President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.

German Finance Minister Lars Klingbeil on Sunday urged "serious negotiations" with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union.

The government plans to announce economic stimulus measures on June 5 to revive activity and boost consumer purchasing power, hoping to push economic growth to around 5 percent this quarter, the Office of the Coordinating Economic Minister said on Saturday.

Major cinema chains tend to prioritize well-performing titles, often at the expense of smaller, independent productions that struggle to attract viewers.

The appointment occurred as the government saw state revenue collection decline by 12 percent year-on-year (yoy) to Rp 810.5 trillion (US$49.62 billion) in first four months of this year from Rp 924.92 trillion in same period last year.

Kilang Pertamina Internasional (KPI), the refinery and petrochemical arm of state-owned oil and gas company Pertamina, has denied reports that Russian oil products are being transshipped at Indonesia’s Karimun terminal in the Riau Islands.

Twelve US states will ask a federal court on Wednesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the US than they buy.

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the end of President Prabowo Subianto’s term in office, a target economists view with skepticism.

Gig drivers gathered on Tuesday and threatened a 24-hour strike to demand a "fairer" commission scheme and stronger enforcement against noncompliant on-demand companies.

China's central bank on Tuesday cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States.

Bank Mandiri projects that Indonesia’s gross domestic product growth will grow to 4.93 percent year-on-year (yoy) this year, while Bank Permata forecasts 4.78 percent. Both mark a slower pace from 5.02 percent last year.

Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington.

Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.

The United States lost its last triple-A credit rating from a major agency Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.

Fostering a positive work environment, offering clear career paths and investing in training programs are crucial to boosting employee engagement and long-term retention, experts say.

During the two-day 2025 APEC trade ministers' meeting, Indonesia called for the reinstatement of the paralyzed WTO Appellate Body and for APEC members to defend the multilateral trading system amid growing protectionism.

The government has postponed the release of monthly trade for April, which should have revealed the impact of new US import tariffs on Indonesian exports, mere hours before it was supposed to be published.

The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid the onset of United States tariffs, as the US and Chinese trade representatives met on the sidelines of the gathering.

The government views the ceasefire in the trade war between the world’s two largest economies as an opportunity to demand open and fair trade in its own negotiations with a highly protectionist US administration.

“This new office is more than just a building. It represents years of hard work under the SMILE program. It will serve as a hub for cooperative activities, a place where we gather, learn and continue to grow together.”

The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, an outcome President Donald Trump dubbed a "total reset" as he said talks with counterpart Xi Jinping could soon follow.

Multifinance companies have recorded continuing decline in yoy growth over the first three months to 4.6 percent in March, primarily due to sluggish first-quarter car sales of just 256,368 units, down 2.9 percent compared to the same period last year.

The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout.

Investors are hopeful that US-China trade talks this weekend will cool a trade war between the world's two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet.

Research by state-owned lender Bank Mandiri shows that intra-provincial travel, or trips within the same province, jumped 45.9 percent in 2024, reversing the trend seen in 2022 and 2023 when longer journeys dominated.

Consumer confidence in Indonesia has improved slightly but remains at a low level, with an April survey by the central bank showing respondents more positive on the current state of the economy, even as they expect worse times to lie ahead.

China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a grueling trade war with its superpower rival.

The energy minister has announced a plan to stop importing refined fuels from Singapore, and instead procure the commodity from Middle Eastern countries.

Indonesia shaved US$4.6 billion off its foreign exchange (forex) reserves in April as the government serviced foreign debts and the central bank intervened in the market to stabilize the rupiah’s exchange rate amid the tariff turmoil.