Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to $189 billion.
1 day agoTourists are flocking to Bali not solely for leisure pursuits but also to make the most of the island's affordable dental treatment. ...
1 day agoThe IDX Composite closed at 7,134, up by 0.24 percent on Friday, contrasting with most Asian stock markets. ...
2 days agoOECD committees may recommend changes to Indonesia’s legislation, policy and practices to bring them further into line with OECD standards and best practices.
2 days agoThe government wants to make Indonesia, currently one of the world’s top sugar importers, self-sufficient in sugar and bioethanol production by 2027.
2 days agoThe New and Renewable Energy and Energy Conservation Directorate General has announced a hydrogen trial for buses, trucks and other heavy vehicles.
2 days agoThe yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year lows, which also left the dollar broadly on the back foot.
2 days agoAsian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo.
2 days agoRepresenting the Indonesian government, Coordinating Economic Minister Airlangga Hartarto received the road map for Indonesia's Organisation for Economic Co-operation and Development (OECD) membership accession, at the opening of the OECD Ministerial Level Meeting in Paris on Thursday.
2 days agoIndonesia’s consumer price index (CPI) growth has been steadily within acceptable boundaries for almost a year, yet Bank Indonesia (BI) hiked its key interest rate twice during that time, and analysts believe the central bank will remain cautious despite inflation being under control.
3 days agoThe IDX Composite dropped by 116.77 points, or 1.61 percent, on Thursday to close at 7,117.42 as the Fed delayed an expected interest rate decision.
3 days agoThe OECD on Thursday raised its forecast for global growth in 2024, boosted by a dynamic recovery in the United States as the eurozone lags behind.
3 days agoIndonesia’s flag carrier has reported revenue of US$711.98 million for the first quarter of 2024, marking an 18.07 percent increase over a one-year period.
3 days agoThe investment, the largest in Microsoft's 32-year history in Malaysia, will include building cloud and AI infrastructure, creating AI-skilling opportunities for 200,000 people, and supporting the country's developers, the company said.
3 days agoThe plan would mark a shift in the company’s automobile focus, as it primarily relies on internal combustion engine (ICE) and hybrid vehicle sales.
3 days agoAsian stocks and US futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan.
3 days agoIndonesia has an opportunity to take a holistic, cross-stakeholder approach by restoring the nonbiodegradable, fossil fuel-based material to its original aim: to reduce harm to nature.
3 days agoIndonesia’s relative lack of intellectual property (IP) protections has made investing in the country less appealing, foreign businesses have said, as they urge the government to improve IP regulation and enforcement.
3 days agoFinance Minister Sri Mulyani Indrawati has ordered the Customs and Excise Directorate General to improve its services after several complaints by Indonesians buying goods from abroad made the rounds on social media.
4 days agoA source said the firm sees the boycott as an opportunity to cease some of the KFC store operations that have weighed on its balance sheet.
4 days agoThe world's leading EV maker has signed an MoU to build a manufacturing plant in West Java with an annual capacity of 150,000 units to start operating in January 2026.
4 days agoUS tech giant Microsoft has announced plans to invest US$1.7 billion in Indonesia to develop an artificial intelligence ecosystem and nurture the digital talents of 840,000 people in the next four years.
4 days agoSpeeding up the quality of education, one of Indonesia’s development priority programs, can be quite challenging amid the increasingly dynamic and diversified environment.
4 days agoIndosat Ooredoo Hutchison (IDX: ISAT) has today announced its results for the first quarter of 2024, reporting outstanding financial and operational performance.
4 days agoPresident Joko “Jokowi” Widodo announced at the Leaders’ Retreat at Bogor Palace on Monday that the government would move forward with a plan to enable solar power exports to Singapore.
5 days agoThe deal allows select attributed summaries, quotes and links from the FT's reporting to appear in ChatGPT responses to relevant queries.
5 days agoFintech lending association projects between 5 and 7 percent growth for the sector this year.
5 days agoChina's factory activity grew for a second successive month in April, data showed Tuesday, providing some good news for officials battling to kickstart the vast economy in the face of weak domestic demand and a battered property sector.
5 days agoAsian stocks inched higher on Tuesday as investors awaited a slew of economic data, corporate earnings and the US Federal Reserve's policy meeting, while the yen was slightly weaker a day after suspected intervention rescued it from 34-year lows.
5 days agoIntroducing more renewables will only be possible if the country can solve its persistent electricity problems.
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