Last year, the government also began issuing renminbi-denominated debt through so-called dim sum bonds, which are similar to panda bonds but are marketed mainly in Hong Kong.

With the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal.

Reliance on foreign workers familiar with proprietary technologies, as well as slow and rigid licensing processes in Indonesia, has created incentives for foreign companies to bypass formal visa channels.

The uncertainty weighed on investor sentiment, with the Indonesia Stock Exchange (IDX) Composite Index slipping 0.46 percent on Tuesday, even as major Asian markets advanced on optimism that the Iran conflict may be nearing an end.

State-owned energy firm Pertamina previously increased prices for three non-subsidized products, Pertamax Turbo, Dexlite and Pertamina Dex, by between 48 and 66 percent.

With Pertalite access tightening and Pertamax prices moving at the same time, households need a predictable schedule to plan around when making decisions about vehicle choices, mobility patterns and monthly budgets.

The finding extends Eni’s successful run in the Kutai Basin, following the Geng North find in 2023 and the Konta-1 well in 2025. 

Investors remained largely upbeat that the US and Iran will eventually come to a deal that will reopen the Strait of Hormuz.

Second-generation oil palm smallholders, especially women, are playing an increasingly important role in shaping a more sustainable and inclusive future for the palm oil industry. This progress is closely linked to improved access to knowledge, structured support systems and growing recognition of women’s contributions within the sector.

The race for clean energy has begun, and increasingly became more poignant with the situation of geopolitics in recent years. As countries and companies band together to evolve, energy demand has grown in parallel, causing the importance of accelerated transformations.

Tim Cook will be replaced by company veteran John Ternus, who joined Apple’s product design team in 2001 and rose to become senior vice president of hardware engineering over the following two decades.

The state asset fund said construction of the inaugural WtE project is unlikely to begin before June, with operations expected to start no earlier than mid-next year.

Batam is rapidly transforming into a regional digital infrastructure hub, anchored by a landmark hyperscale data center expansion that underscores the island’s growing strategic relevance in Southeast Asia’s data economy.

Deputy Investment and Downstream Minister Todotua Pasaribu stated that the facility is expected to begin production in 2028, with a capacity of 60,000 kiloliters per year.

The shipment was supplied by PT Dahana’s ammonium nitrate plant in East Kalimantan, which can produce up to 75,000 tons annually.

The electricity supply will be used gradually for operational support of the DayOne data center in the Kabil Industrial Tech Park (KITP) during the period from 2026 to 2027.   

The ceasefire in the Iran war, due to run until Tuesday, was in doubt after the US seized an Iranian cargo ship and Tehran's top military command vowed to retaliate.

While the revision is seen as a potentially effective measure to bolster inclusive funding, experts warn that it may distort Indonesia’s banking industry focus from commercial lending to national development.  

Pertamina has significantly raised the prices of several nonsubsidized fuel products effective Saturday as blockades in the Middle East and economic sanctions continue to roil the global oil market.

Officials have vowed uninterrupted market access amid an ongoing probe into the incident, as well as wider audits and reforms targeting long-term system credibility.

The gold miner is targeting output of 60,000 oz this year if its Martabe mine in Batang Toru, South Tapanuli, North Sumatra, one of the worst-affected regions in the 2025 Sumatra disaster, resumes operations as scheduled in mid-May.

The strategic Strait of Hormuz was again closed on Sunday in the stand-off between Iran and the United States, with Iran's powerful parliament speaker signaling a final peace deal remained "far" off despite some movement in negotiations.

Iran's military declared the Strait of Hormuz closed again on Saturday, prompting ships to abandon attempts to transit the waterway and President Donald Trump to warn Tehran against trying to "blackmail" the United States.

The move is part of the administration's effort to control global energy prices that have shot higher during the US-Israeli war on Iran.

However, some prospective buyers said they may hold off on purchasing an EV if incentives are reduced.

The government has announced that Indonesia will soon begin importing crude oil from Russia as part of a broader strategy to diversify energy supplies.

Finance Minister Purbaya Yudhi Sadewa said that S&P would come to Indonesia in June to reassess the country’s economy and budget “thoroughly”.