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Said Iqbal, special presidential advisor for employment and workers’ welfare, stated those companies located in Pasuruan and Mojokerto, East Java, referred to them only by the initials PT J and PT S.
13 hours agoRolling 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. ...
1 day agoIndustry representatives stated that fiscal pressures have narrowed spending capacity among regional governments, particularly for healthcare services and medical equipment procurement. ...
1 day agoGermany, which recently replaced the United States as a coleader in Indonesia’s Just Energy Transition Partnership (JETP), is set to dispatch a delegation to Jakarta this month to discuss the program’s implementation.
1 year agoIndonesia eyes a bigger slice of the global durian market, and a recent rejection of Thai supplies by the world's largest importer, China, might help local producers increase exports.
1 year agoThe sustained growth of its economy and middle class have made India and its 1.4 billion people the third-largest air market in the world, after the United States and China.
1 year agoPresident Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US' favor.
1 year agoThe European Union and France have promised 14.7 million euros (US$15.3 million) in grants for a five-year technical assistance program dubbed the Indonesia Energy Transition Facility (IETF).
1 year agoDespite weakness in exports, Indonesia’s gross domestic product (GDP) growth last year exceeded expectations on the back of stronger household spending and investment.
1 year agoIndonesia's economy grew more than expected last year, the government said Wednesday, as a pick-up in trade, mining and agriculture helped offset ongoing global headwinds.
1 year agoUS President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month Monday -- but China remained in the firing line for levies that are putting the global economy on edge.
1 year agoThe government is considering a policy that would require thermal coal exporters to sell the commodity using Indonesia’s coal reference price (HBA) to prevent Indonesian coal from being sold abroad at prices below the local benchmark.
1 year agoUS President Donald Trump paused tariffs on Mexico for one month after last-minute talks Monday -- but there was no breakthrough yet in negotiations with Canada on an issue that has sparked fears of a global trade war.
1 year agoAnnual inflation in January 2025 is the lowest since January 2000, BPS says.
1 year agoThough costs remain a concern, Indonesian manufacturers have increased buying activity and bolstered stockpiles of input and output inventories in anticipation of demand growth this year.
1 year agoMaximum and minimum temperatures in most parts of the country will be above-average in the month, Mrutyunjay Mohapatra, director-general of the India Meteorological Department, told a virtual news conference.
1 year agoDonald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday.
1 year agoUS President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25 percent on goods from Mexico and Canada and 10 percent on imports from China, potentially disrupting more than US$2.1 trillion worth of annual trade.
1 year agoThe United States has backed out from its role as a co-leader alongside Japan in an international effort to help finance Indonesia’s energy transition, with Germany reportedly stepping into the breach.
1 year agoTotal investment grew by 20.8 percent to Rp 1.7 quadrillion (US$105 billion) last year compared to the previous year.
1 year agoWith less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.
1 year agoPresident Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.
1 year agoAt the BRI Microfinance Outlook 2025 on Thursday in Jakarta, the senior economic minister launched a new credit scheme that carries a 5% interest subsidy rate to help labor-intensive industries.
1 year agoBusinesses looking to grow would do well to look toward the major markets in Southeast Asia.
1 year agoThe move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, urging the government to diversify the downstream oil and gas industry in order to offset potential revenue losses from reduced exports.
1 year agoThe CEO Forum held during the President's New Delhi visit produced several partnerships between Indonesian and Indian businesses across a variety of sectors, including pharmaceuticals and communications technology, to kick off new momentum in bilateral relations.
1 year agoAfter three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.
1 year agoSales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.
1 year agoFinance Minister Sri Mulyani Indrawati says Rp 306 trillion in budget cuts will be reallocated to initiatives that directly improve the people’s welfare, such as the free meals program, food and energy self-sufficiency and health care.
1 year agoThe Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2 percent target.
1 year agoThis week, the mercurial magnate said 10 percent tariffs on all Chinese imports could kick in on February 1 -- and on the campaign trail touted a levy as high as 60 percent.
1 year agoDuring a side event at the ongoing WEF Annual Meeting, the government promoted Indonesia as a destination for renewables investments, highlighting its abundant energy sources and sustainability principles as it aims to achieve energy self-sufficiency.
1 year agoPresident Prabowo Subianto has “greenlit” the new arrangements and the government will soon introduce an implementing regulation, Airlangga said.
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