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View all search resultsNorway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.
9 hours agoWithout detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system. ...
17 hours agoCombined investment from mainland China and Hong Kong reached US$11.5 billion in H1 2026, nearly three times the $4.1 billion recorded a year earlier. ...
1 day agoIndustry players have stated that people are moving away from traditional gyms in search of professional coaching, structured programming and a sense of community.
1 year agoIndonesia has asked the United States to exempt its exports of cocoa, rubber, crude palm oil, coffee and nickel from the levy.
1 year agoCiting the results of a macroeconomic analysis on Indonesia's reduced tariff rate of 19 percent, the DEN chief says Jakarta's new trade deal with Washington will help boost employment, welfare and labor-intensive industries to encourage more foreign investment and boost the overall economy.
1 year agoPM Shigeru Ishiba is under additional pressure to reach a trade deal with the United States before new tariffs of 25 percent take effect on August 1.
1 year agoThe central bank is urging banks to boost lending to spur the economy amid a downward trend in credit growth to May, including NPLs and LARs.
1 year agoGermany said it was "unable to accept" the $2.3-trillion budget for 2028-2034, which EU chief Ursula von der Leyen called "the most ambitious ever proposed".
1 year agoSome economists have flagged potential risks, particularly for foreign investors and manufacturers operating in the country, with the influx of duty-free products from the US.
1 year agoThe central bank views the deal Jakarta made with Washington as bringing “a positive result” overall, be it in terms of economic growth, trade balance or its impact to the financial market.
1 year agoThe BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.
1 year agoThe Finance Ministry projects state revenue will fall short of the target set in the 2025 state budget, citing weak tax receipts, declining commodity prices and recent policy changes.
1 year agoIndonesia is the third-largest footwear exporter to the US behind China and Vietnam, according to the Observatory of Economic Complexity.
1 year agoTrump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports to Indonesia.
1 year agoHigh yields, stable macro conditions, pro-market policy support and solid institutional demand keep the domestic bond market relevant.
1 year agoIndonesia faces a major dilemma between regulating illegal mining to protect the environment and safeguarding the livelihoods of people who depend on this activity.
1 year agoGoods that have been transshipped to avoid higher duties will face steeper levies.
1 year agoIndonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.
1 year agoIndustrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.
1 year agoBoth sides looking for more reliable partners to offset ‘unpredictable’ US policy.
1 year agoData from the General Administration of Customs said exports rose 5.8 percent year-on-year, topping the five percent forecast in a Bloomberg survey of economists.
1 year agoThe tender will prioritize Japanese firms, as the project is being financed by the Japan International Cooperation Agency (JICA) with cofinancing from the Asian Development Bank (ADB).
1 year agoPresident Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically raising the stakes in already tense negotiations with two of the largest US trading partners.
1 year agoThe National Nutrition Agency (BGN) has requested an additional Rp 118 trillion (US$7.27 billion) to finance the free nutritious meals (MBG) program through the end of 2026, citing a projected shortfall in the initial budget allocation.
1 year agoIn 2023, Indonesia exported US$1.5 billion worth of goods to Mercosur countries, ranging from coconut and crude palm oil to vehicle parts, while imports from the bloc reached $6.2 billion, dominated by oil cake, sugarcane and wheat.
1 year agoChina's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.
1 year agoThe Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.
1 year agoRecovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
1 year agoLula made the remarks during talks with President Prabowo Subianto.
1 year agoTrump said he would “consider an adjustment” if Indonesia eliminates its tariff and nontariff barriers.
1 year agoRetail sales and consumer confidence saw slight improvements in June according to preliminary RSI data, which attributed the uptick to "seasonal factors” including Idul Adha and the school holiday.
1 year agoIn May, BI revised down its projection for loan growth this year, from 11–13 percent to 8–11 percent.
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