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The 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.
13 hours 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. ...
18 hours 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. ...
1 day agoThe World Wide Fund for Nature's (WWF) Norwegian chapter will have its day in court Thursday, after it sued Norway for opening up its seabed to mining before performing sufficient impact studies.
11 months agoGreer, 44, served as chief of staff to Trump's former US Trade Representative Robert Lighthizer, the architect of Trump's original tariffs on some $370 billion worth of Chinese imports and the renegotiation of the North American free trade deal with Canada and Mexico.
11 months agoA project for a new airport to be built in northern Bali has moved forward with its initiator PT BIBU Panji Sakti signing a heads of agreement (HoA) with a Chinese company, ChangYe Construction Group.
11 months agoOther points of cooperation include tourism, culture, health care, technology and industrial development.
11 months agoCOP29 deals on finance and carbon markets could lead to billions more dollars flowing around the business world if countries next year can deliver climate plans with clear policies for markets and investment.
11 months agoIf confirmed, hedge fund manager Scott Bessent, who was named by Trump on Friday, will have to usher through promised tax cuts, advise on an agenda promising sweeping tariffs and confront the world's biggest economy's ballooning debt.
11 months agoDespite higher average incomes, everything is generally more expensive in the US than it is in Indonesia.
11 months agoIndonesia's external resilience remains intact amid ongoing global risk, reflected by the surplus in the country’s international transactions. According to a Bank Indonesia (BI) report, Indonesia’s balance of payments (BOP) for Q3-2024 recorded a surplus of US$5.9 billion, a recovery from a deficit of $0.6 billion in Q2-2024.
11 months agoThe companies expressed interest in priority sectors in the country, including those related to energy, infrastructure, education and health care.
11 months agoJapan's minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers' pockets after the ruling party's worst election result in 15 years.
11 months agoThe Indonesian government, represented by Coordinating Minister for Economic Affairs Airlangga Hartarto, attended the launch of the Global Clean Power Alliance (GCPA) on the sidelines of the G20 Summit in Rio de Janeiro, Brazil on Nov. 19.
11 months agoHotel businesses are expecting a lower occupancy rate during this year's Christmas and New Year season compared with last year, as the country grapples with weakening purchasing power.
11 months agoUS President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.
11 months agoThe government expects its free nutritious meals (MBG) program to boost demand for milk and is pushing dairy farmers to up their game in terms of quality and quantity.
11 months agoThe Indonesian Heavy Equipment Manufacturers Association (Hinabi) has lamented the low demand for locally made heavy equipment.
11 months agoA delegation of Indonesian business groups signed five memorandums of understanding (MoUs) with Brazilian counterparts at the Indonesia-Brazil Business Forum in Rio de Janeiro on Sunday, which if they are seen through as outlined, could be worth a combined US$2.65 billion.
11 months agoAn NTT-based NGO that won second place in a recent Schneider Electric competition says the government should focus on providing renewable-based power solutions in remote regions in its pursuit of a just energy transition.
11 months agoWith Donald Trump's imminent return as US president looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, his Chinese counterpart Xi Jinping said the region should push for more free trade as Asia-Pacific cooperation faces "rising protectionism", according to Chinese state media.
11 months agoCoordinating Minister for Economic Affairs Airlangga Hartarto accompanied President Prabowo Subianto, during a bilateral meeting with Canadian Prime Minister Justin Trudeau on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in Lima, Peru, on Friday (15/11).
11 months agoStrong US economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
11 months agoPresident Prabowo Subianto has highlighted Indonesia’s abundant natural resources as a foundation for national energy security, suggesting that the country could meet its entire energy needs without relying on fossil fuels.
11 months agoThe finance minister has announced a bold plan to target the shadow economy as a new source of tax revenue, particularly as the government looks to generate more funds to finance its ambitious and costly priority programs, including the free meals program.
11 months agoJapan's economy expanded by an annualized 0.9 percent over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.
11 months agoPresident Prabowo Subianto has not given up on the country’s plan for homegrown automotive brands even after past leaders have failed to achieve mass production of a “national car”.
11 months agoThe G20 presidency of Brazil has entered the final stage of the G20 Leaders’ Declaration negotiation process. Starting on Nov. 12, the Sherpas from G20 member countries gathered in Rio de Janeiro, Brazil, to begin a series of negotiations aimed at reaching an agreement on the G20 Leaders’ Declaration.
11 months agoThe country's biggest MSME lender says that small businesses recorded a major sales slump in the third quarter, primarily due to weakening consumer spending and partly due to the rollback of COVID-related government assistance, leading to a rise in the NPL ratio for the sector.
11 months agoExecutives stress need for unity for the lobby group to pursue its key mission or representing business interests.
11 months agoThe 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.
11 months agoThe 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.
11 months agoThe 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.
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