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Rolling power outages across parts of Java and Bali over the weekend have disrupted household and business activities, reigniting concerns over the reliability of Indonesia’s electricity system, with experts warning that the situation could persist for up to two more weeks.
17 hours agoIndustry representatives stated that fiscal pressures have narrowed spending capacity among regional governments, particularly for healthcare services and medical equipment procurement. ...
1 day agoNegotiators from the United States and Iran were set to start peace talks in Switzerland on Sunday. ...
1 day agoThe Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.
7 months agoIndonesia currently has only 2,375 movie screens in 496 theaters serving a population of over 280 million, one of the lowest ratios in Asia.
7 months agoIndonesia is fast becoming one of the world’s key gold markets, where cultural familiarity, rising incomes and strong market performance are among the factors driving demand, according to a consumer survey by the World Gold Council.
7 months agoChina's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the US$19 trillion export-driven economy as mounting supply and demand strains threaten to further curtail growth.
7 months agoSuspected cesium contamination in exported footwear adds to a string of incidents tarnishing the “Made in Indonesia” brand and prompting industry representatives to demand better detection.
7 months agoAhead of an anticipated bill to amend the 2001 Oil and Gas Law, the upstream regulatory body has urged lawmakers to design a new exploration financing framework.
7 months agoPresident Donald Trump signed a bill Wednesday to end the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Republicans and Democrats played a high-stakes blame game.
7 months agoGlobal oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to cleaner fuels and predicting that the world will likely fail to achieve climate goals.
7 months agoWhile preliminary BI data indicates consumers' growing confidence in the economy, an economist has pointed out a decline in the ratio of consumption to income suggested cautious optimism.
7 months agoPrabowo’s 3 million housing program was recently removed from the list of National Strategic Projects (PSN), raising concerns over the continuity of state-backed support.
7 months agoBy early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August.
7 months agoThe longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.
7 months agoUS President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.
7 months agoThe US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.
7 months agoWhile the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity.
7 months agoThe national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.
7 months agoBipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.
7 months agoAs the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.
7 months agoJakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity.
7 months agoFollowing August's cesium-137 contamination incident that disrupted seafood shipments, the government is preparing to renew shrimp exports to the US, which is expected to help meet the $6.25 billion in fisheries export targeted for this year.
7 months agoThe government wants to protect independent corner shops from growing networks like Indomaret and Alfamart, but their owners appear unconcerned about coexisting with large players.
7 months agoThe program includes the construction of 10 patrol vessels, the development of integrated maritime systems and regional monitoring centers, as well as the procurement of drones for aerial surveillance.
7 months agoAgriculture Minister Andi Amran Sulaiman estimated that the free nutritious meal program would require an additional 700,000 tonnes of eggs and 1.1 million tonnes of chicken meat to meet demand.
7 months agoNational economic growth remained above the 5 percent mark in the third quarter thanks to strong growth in exports.
7 months agoIndonesia can learn from the experiences of its regional peers in coming up with a localized strategy to achieve its targeted tax ratio of 15 percent by 2029.
7 months agoThe first glimmers toward ending a near-record long federal government shutdown were seen in the US Capitol on Monday, as leading Senate Republicans and Democrats talked of a possible "off-ramp" to the disruption.
7 months agoStrong shipments of processed goods and higher-value exports helped maintain Indonesia’s trade surplus in September, while global energy prices, including coal prices, weakened.
7 months agoFood prices rose 6.6 percent in October after a 6.44 percent increase in September.
7 months agoFactory activity in Indonesia saw a modest improvement in October thanks to rising new orders, purchasing activity and employment, according to a monthly survey published by S&P Global.
7 months agoFacing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.
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