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The government has issued a loosely-worded statement days ahead of the expected signing of a tariff agreement with the United States, following a weekend meeting at President Prabowo Subianto’s Hambalang estate in Bogor, West Java.
1 month agoAs an archipelagic country, Indonesia is endowed with diverse economic potential across regions, reflected in regional economic structures and export profiles. ...
1 month agoAs artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi. ...
1 month agoThe dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.
1 month agoThe energy minister has taken an "all stick, no carrot" strategy to pressure firms into start pumping oil and gas from stalled projects, threatening hundreds of wells with the prospect of losing their permits.
1 month agoAccording to the ministry's renewables director general, the Bangka Belitung Islands and West Kalimantan are two priority provinces under consideration as a potential site for developing Indonesia's first nuclear power plant toward a 2032 on-grid target.
1 month agoAsian markets were subdued on Monday, as the extended Lunar New Year holiday approached and Japan reported lackluster economic growth.
1 month agoJapan's economy limped back to meager growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic demand.
1 month agoSome technology firms deliberately avoid using personally identifiable information in their AI models to reduce compliance risks, despite the limitations this places on their ability to improve operational efficiency.
1 month agoVietnam has granted a license to Elon Musk's Starlink to operate its satellite internet services in the communist country, a government agency said.
1 month agoChina's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
1 month agoIt has been reported that Karimun, Riau Islands, has been part of a system of traders, shippers and transshipment points, including the floating hub along the Malacca and Singapore straits and Fujairah in the United Arab Emirates, that has helped keep Russian oil and products flowing, despite the sanctions.
1 month agoSellers of nian gao or kue keranjang in Glodok’s Chinatown area as well as parts of West and Central Java reporting softer sales compared to previous years.
1 month agoPresident Prabowo Subianto has emphasized the need to be realistic in a speech on the Indonesian economy, where he promoted key initiatives of his administration to drive gross domestic product growth.
1 month agoThe issue related to items that were not declared in the import notification, resulting in the sealing of the jeweler’s outlets in Plaza Senayan, Plaza Indonesia and Pacific Place.
1 month agoCumulative sales in high-rise condos stood at just 56 percent last year in a continuation of a decade-long downward trend, while new launches remained subdued in a lackluster market.
1 month agoEuropean Union leaders agreed on Thursday on a wide-ranging set of commitments to improve how the bloc's border-free internal market works so Europe's businesses can be competitive and survive aggressive economic rivalry from the US and China.
1 month agoAsian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data.
1 month agoIndonesia has enjoyed a surplus in chicken meat production since 2020, Statistics Indonesia (BPS) data show, with excess supply continuing even after the free meals program began.
2 months agoDivested assets include hospital groups currently managed by Indonesia Healthcare Corporation (IHC), as well as aviation subsidiary Pelita Air, which is set to be merged with national flag carrier Garuda Indonesia.
2 months agoHashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.
2 months agoGold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.
2 months agoDanantara CEO Rosan Roeslani pointed out that it is common practice for sovereign wealth funds (SWFs) to hold stakes in bourses, typically ranging from 15 percent to 30 percent.
2 months agoAccording to "State of Global Islamic Economy Report 2024-2025", Indonesia is ranked third in the global Islamic economy, after Malaysia and Saudi Arabia.
2 months agoPresident Prabowo Subianto held meetings with Indonesian business leaders at his private Hambalang estate, during which he stated his commitment to improving the ease of doing business.
2 months agoJust under a week since he was sworn in last Thursday, the ex-Bank Indonesia deputy governor is setting his sights accelerated state spending this quarter to reach up to 5.6 percent growth from an initial 5.5 percent target.
2 months agoIndosat Ooredoo Hutchison (ISAT) demonstrated robust performance throughout 2025, recording revenue of Rp 56.5 trillion (US$3.37 billion) in addition to double-digit profit growth of 12.2 percent year-on-year (yoy) and 51 percent quarter-on-quarter (qoq) to Rp 5.5 trillion.
2 months agoPT PLN Energi Primer Indonesia has begun the construction of a Rp 1 trillion (US$59.57 million) gas pipeline linking the West Natuna Transportation System (WNTS) to Pemping Island, Batam.
2 months agoIn a masterclass of skill and strategy, Sinarmas World Academy’s SWA RoboKnights powered through the VEX Robotics Indonesia National Championship 2025/2026, earning six major awards and securing a coveted spot on the global stage.
2 months agoBonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected US retail sales figures, while a rally in the yen has extended and might be beginning to signal a shift in investor thinking since Japan's election.
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