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Global 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.
10 hours 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. ...
1 day 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. ...
1 day agoIndonesia’s manufacturing purchasing managers’ index (PMI) rose marginally last month on the back of higher new orders and increased workforce numbers as confidence in future output improves, albeit at a slower pace than in the third quarter.
1 year agoAlthough it remains at what can be considered a safe level, headline inflation has been stuck in an upward trend for the past three months as prices for key Indonesian ingredients experience an abnormal rise.
1 year agoAfter a grueling pandemic that caused global economic disruptions, Indonesia experienced an increase of 4.94 percent in economic growth in the third quarter of 2023, an increase of 1.60 percent compared to the second quarter.
1 year agoIn a damage control effort following a fatwa supporting Palestine, a business association promises its own list of products that are "really" related to Israel.
1 year agoPresident Joko “Jokowi” Widodo has asked banks to not hesitate in giving loans to businesses, hoping this could help increase money circulation so it could boost the economic growth
1 year agoIn an effort to face the challenges in food production, which is not yet optimal, the government has directed its attention to product optimization.
1 year agoGreen financing has become one of the most discussed topics in Indonesia, yet financial institutions in the country remain hesitant.
1 year agoPeople visiting villages today can observe for themselves the increasing fairness in rural development and the growing prosperity of its inhabitants. With the Village Law, the strategy for equalizing national development stems from the nurturing of villages.
1 year agoChina's manufacturing activity contracted for a second straight month in November and at a quicker pace, suggesting more stimulus will be needed to shore up economic growth and restore confidence that the authorities can ably support industry.
1 year agoVillages, Disadvantaged Regions and Transmigration Minister Abdul Halim Iskandar has requested that data on each village’s residents, development targets and achievements be updated weekly.
1 year agoIndonesia is looking to increase exports of hybrid electric vehicles (HEVs) to seize the opportunity presented by the global shift toward electric vehicles (EVs).
1 year agoThe government is looking to South Korea for collaboration in the development of carbon capture, utilization and storage technology that promises to reduce the ecological footprint of coal power.
1 year agoAccording to the recent study released by the Central Statistics Agency (BPS) earlier this month, the national economy in the third quarter of 2023 grew by 4.94 percent year-on-year (yoy). While the performance is positive, attention is drawn to the fact that the growth percentage is below the psychological threshold of 5 percent.
1 year agoIndustry association IKAPPI insists that it is too early for the seasonal year-end increase in staple food prices.
1 year agoInfrastructure development in Indonesia faces several crucial challenges that need to be addressed to enhance the welfare and productivity of the people.
1 year agoAmid a boycott on goods perceived to be from companies supporting Israel, Investment Minister Bahlil Lahadalia assures that investment in Indonesia will continue to grow as planned.
1 year agoThe government is persistently pushing for affordable and decent housing access for all Indonesians to positively impact society and the economy, particularly enhancing the overall welfare.
1 year agoGermany's top court last week said Chancellor Olaf Scholz's government had broken the constitutional debt rule by transferring money earmarked for coronavirus pandemic support to a fund to fight climate change.
1 year agoBI Deputy Governor Doni Primanto Joewono said the cash supply would prevent cash insufficiency during the busy seasons.
1 year agoAmid the dynamics of the global economy, the state budget (APBN) has to function as a reliable shock absorber that is able to protect people's purchasing power, maintain economic stability, as well as maintain healthy and sustainable fiscal management.
1 year agoThe 1.1 percent expansion in July-September was driven by the construction industry and services sector, including tourism.
1 year agoChinese government advisers will recommend economic growth targets for next year ranging from 4.5 percent to 5.5 percent to an annual policymakers' meeting, as Beijing seeks to create jobs and keep long-term development goals on track.
1 year agoIndonesia is situated in the middle of the dynamic Indo-Pacific region, and deepening regional economic integration is a strategic objective because it underpins future stability and prosperity.
1 year agoIndonesia is pushing to include the Java-Sumatra interconnection transmission line project as one of the first projects to be funded through the Just Energy Transition Partnership (JETP), the JETP secretariat says.
1 year agoThe roadmap, which comes less than two weeks before the COP28 summit in Dubai, outlines Jakarta's vision to reach net-zero power sector emissions by 2050 using cash from the Just Energy Transition Partnership (JETP).
1 year agoArgentine president-elect Javier Milei ran his campaign on promises to ditch the peso for the US dollar and do away with a central bank -- all in the name of subduing rampant inflation.
1 year agoMember countries of the Organization for Economic Cooperation and Development (OECD) have expressed their support for Indonesia’s accession into the bloc, the government said, with some saying they would provide technical assistance to speed up the archipelago’s membership to the body.
1 year agoPresident Joko “Jokowi” Widodo has admitted that Indonesia’s new capital city megaproject has attracted no foreign investment so far, which experts say is because the project is commercially unattractive, irrespective of external macroeconomic conditions.
1 year agoAs part of President Joko “Jokowi” Widodo's working visit to Stanford University on the sidelines of the APEC Summit in San Francisco, the United States, Jokowi held a meeting with CEOs from major companies in Silicon Valley.
1 year agoThe lack of trade outcomes overshadowed the Commerce Department's announcement that it had completed two more non-binding IPEF pillars on clean energy cooperation and anti-corruption measures.
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