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The administration argued Friday for a delay of up to four months, before litigation on refunds is brought up again before the US Court of International Trade.
13 hours agoAn analysis by Mandiri Institute showed that 72.3 million people experienced a talent mismatch last year, meaning their education levels did not align with their job requirements. ...
19 hours agoS&P Global Ratings warned that escalating debt-servicing costs are increasing the risks to Indonesia’s sovereign credit profile and could trigger a negative rating action if sustained. ...
1 day agoThe International Monetary Fund has praised Indonesia for maintaining economic growth and containing inflation amid mounting pressure from external factors but emphasizes that the country needs the right “policy mix” to secure the future.
3 months agoThe report, published on Tuesday by AidData, a research lab at US university William & Mary, said China's lending and grant giving totalled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023.
3 months agoA spokesperson for the government's anti-radiation team has said that aside from two footwear shipments linked to the same contamination source in Banten, no other incidents have been reported in recent weeks.
3 months agoJapan's economy shrank almost 2 percent in the three months through September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed on Monday.
3 months agoJordan's King Abdullah II has invited state asset fund Danantara to invest up to US$1.3 billion in infrastructure and energy projects in his country. The offer, extended during a two-day visit to Jakarta, opens the door to a major overseas move for the fund.
3 months agoUS President Donald Trump on Friday rolled back tariffs on more than 200 food products, including such staples as coffee, beef, bananas and orange juice, in the face of growing angst among American consumers about the high cost of groceries.
3 months agoThe Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.
3 months agoIndonesia currently has only 2,375 movie screens in 496 theaters serving a population of over 280 million, one of the lowest ratios in Asia.
3 months agoIndonesia is fast becoming one of the world’s key gold markets, where cultural familiarity, rising incomes and strong market performance are among the factors driving demand, according to a consumer survey by the World Gold Council.
3 months agoChina'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.
3 months 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.
3 months 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.
3 months agoPresident Donald Trump signed a bill Wednesday to end the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Republicans and Democrats played a high-stakes blame game.
3 months agoGlobal 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.
3 months 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.
3 months 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.
3 months agoBy early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August.
3 months agoThe longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.
3 months agoUS President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.
3 months agoThe 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.
3 months 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.
3 months 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.
3 months agoBipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.
3 months agoAs the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.
3 months agoJakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity.
3 months agoFollowing August's cesium-137 contamination incident that disrupted seafood shipments, the government is preparing to renew shrimp exports to the US, which is expected to help meet the $6.25 billion in fisheries export targeted for this year.
3 months agoThe government wants to protect independent corner shops from growing networks like Indomaret and Alfamart, but their owners appear unconcerned about coexisting with large players.
3 months agoThe program includes the construction of 10 patrol vessels, the development of integrated maritime systems and regional monitoring centers, as well as the procurement of drones for aerial surveillance.
3 months agoAgriculture Minister Andi Amran Sulaiman estimated that the free nutritious meal program would require an additional 700,000 tonnes of eggs and 1.1 million tonnes of chicken meat to meet demand.
3 months agoNational economic growth remained above the 5 percent mark in the third quarter thanks to strong growth in exports.
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