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China'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.
2 hours 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. ...
14 hours 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. ...
20 hours agoNext year, Indonesia will hold its five-yearly democratic “festival”: the General Election, also known as Pemilu.
2 years agoGEM looked at 4,300 active and proposed coal mine projects around the world covering a total workforce of nearly 2.7 million.
2 years agoPresident Joko “Jokowi” Widodo said Indonesia needed to import another 1.5 million tonnes of rice to anticipate a dwindling harvest due to the El Niño weather phenomenon, on top of the prevailing 2 million tonnes procured earlier this year.
2 years agoBeijing’s influence with economically-lagging Pacific island nations has increased over the past two decades through a combination of trade, infrastructure and aid.
2 years agoThe group said global hydropower generation fell 8.5 percent in the year to June, more than any full-year decline over the last two decades.
2 years agoA setback in investment that can be traced back to the 1998 monetary crisis was exacerbated by the challenges of the COVID-19 pandemic, according to Canberra.
2 years ago“Indonesia will not shine with big torches in Jakarta, but Indonesia will shine with candles in the villages" - Mohammad Hatta.
2 years agoThe infrastructure development in Indonesia can’t only be carried out by business as usual, as Indonesia needs sustainable infrastructure development towards the goal of achieving a Golden Indonesia 2045.
2 years agoWang Yanchen, deputy chief engineer of China Railway International Co., Ltd., which handles the technical side of the Whoosh HSR, said the project created many work opportunities for Indonesian technicians.
2 years agoThe phrase “infrastructure development” is commonly heard, though some do not understand its meaning and importance for Indonesia.
2 years agoThe World Bank has praised Indonesia over recent legal changes encouraging investment in the country but said Jakarta has not done enough to reform trade policies that are hurting the manufacturing sector.
2 years agoThe Finance Ministry’s Director General of Financial Balance, Luky Alfirman, has explained that the government’s policies on regional autonomy and fiscal decentralization are tools to achieve the state’s goal of achieving equal distribution of wealth in all corners of the archipelago.
2 years agoInvestment Minister Bahlil Lahadalia has conceded that adjustments will be made to the deadlines for the relocation of residents and construction timeline of the Rempang Eco City project.
2 years agoIndonesia saw inflation drop in September to below 3 percent, falling faster than analysts expected, which partly due to base effect of subsidized fuel price hike last year.
2 years agoExperts say the coalition of donor countries' reluctance to fund coal plant retirements could undermine the success of the Just Energy Transition Partnership (JETP) Indonesia, signed in November 2022.
2 years agoTo ensure the reliability of the state budget in improving the welfare of the Indonesian people, it must be closely monitored.
2 years agoChina's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.
2 years agoThe government plans to start building a light rail transit system on the popular resort island of Bali next year to ease roadway congestion from the airport, a senior minister has said.
2 years agoProduction in the world's largest palm oil producer after Indonesia plunged 20 percent during a 2016 El Nino event, but the impact this year has so far not been severe, said the regulator's director-general, Ahmad Parveez Ghulam Kadir.
2 years agoThe Finance Ministry has raised the bar for state income by more than 9 percent despite this year’s lower global prices affecting corporate results.
2 years agoThe government has a plan to reduce the poverty rate through the social security budget policy (APBN) allocation as the main instrument of fiscal policy, which plays an important role in increasing economic growth.
2 years agoThe government says it will accommodate Rempang Island residents' demands in a way that is acceptable to investors to move on with the troubled megaproject in Batam, Riau Islands.
2 years agoThe impacts of the COVID-19 pandemic has been devastating for some countries, but Indonesia is among the lucky few that has successfully dealt with the health crisis and is navigating its way well toward economic recovery.
2 years agoTanah Abang wholesale market is less crowded than usual, with some shuttered, as many of its thousands of merchants selling products made in factories or by tailors and weavers complain about the impact of TikTok's booming e-commerce arm on their business.
2 years agoThe Asian Development Bank (ADB) has shared ideas for repurposing government buildings that will be left vacant in Jakarta as government functions are moved to the future capital city.
2 years agoLocal investors comprising several conglomerates kick-started their commercial investment in the new capital Nusantara with President Joko "Jokowi" Widodo calculating the investment at Rp 20 trillion.
2 years agoBank Indonesia is sticking with its inflation forecast for this year, despite the recent surge in rice and oil prices. Accordingly, it sees no reason to change course in its monetary policy.
2 years agoInvestment Minister Bahlil Lahadalia has called on state-owned energy giant Pertamina to release idle oil and gas wells to local or foreign investors to boost production and curtail imports
2 years agoThe House of Representative’s Budget Committee (Banggar) has agreed to bump up energy subsidy and compensation allocation to Rp 339.26 trillion (US$22.06 billion) for the 2024 budget, Rp 13.3 trillion more than what had been proposed in August.
2 years agoThe government has again turned to China to support its green transition, this time by inviting investment for a project to build a super grid connecting the Indonesian archipelago.
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