Exports from Indonesia’s manufacturing and agriculture sectors have seen strong growth thanks to a considerable boost from crude palm oil (CPO) and machinery, but the mining industry has suffered a sharp annual decline.
2 months agoThe factory, designated as a national strategic project (PSN), would help boost biodiesel production in the country. ...
2 months agoBlue Bird is planning to expand its EV fleet to 1,000 by the end of 2025 toward a total composition of 10 percent in the next five years, amid growing competition in the taxi market and steady EV adoption in the country. ...
2 months agoThe week is a busy one with a series of central bank policy meetings, including by the US Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday.
2 months agoBut Bessent, speaking to NBC's "Meet the Press," ruled out the chance of a financial crisis.
2 months agoThe initiative, which will channel up to Rp 400 trillion (US$24.3 billion) in funding, has raised concerns over a potential rise in nonperforming loans (NPLs) and liquidity strains.
2 months agoMeta has been approving advertisements posing as news articles of legitimate local and international media outlets, which cybersecurity experts say could lead to cybercrime.
2 months agoChinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector.
2 months agoUS planemaker Boeing lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.
2 months agoThe United States averted a government shutdown with hours to spare Friday as lawmakers already reeling from President Donald Trump's radical federal spending cuts voted to keep the lights on through September.
2 months agoNearly three weeks have passed since the much-anticipated launch of Danantara, Indonesia’s latest and most ambitious investment entity, on Feb. 24, 2025. Positioned as a strategic vehicle to consolidate state-owned enterprises (SOEs), attract investment and become one of the world’s largest sovereign wealth funds, Danantara was introduced with strong national aspirations.
2 months agoIndonesia’s per capita emissions, while still lower than the world’s major emitters, are rising steadily as the country’s economy expands by around 5 percent annually.
2 months agoLawmakers and business associations have urged the government to set up an Indonesian tourism board to promote the country as a travel destination and support the industry.
2 months agoThe issuance of the permits follows last month's announcement of more than US$300 million investments by Apple in Indonesia, including in plants making components for its products, and a research and development center.
2 months agoThe cheese producer is a subsidiary of food and beverage manufacturing giant PT Garudafood Putra Putri Jaya.
2 months agoPTFI has forecast a 7.2 percent decline in copper output as well as a 9.2 percent decline in gold output this year, resulting in a 9.8 percent fall in net profit to $3.7 billion.
2 months agoCalifornia-based MGA Entertainment, which makes its Bratz and L.O.L. Surprise! dolls and other toys primarily in China, is taking steps to move 40 percent of its manufacturing to India, Vietnam and Indonesia within six or so months, up from around 10 percent to 15 percent currently, CEO Isaac Larian said in an interview.
2 months agoThe US government, already shaken by Donald Trump's radical reforms, could begin shutting down entirely this weekend as Democrats grapple with the politically risky option of opposing the president's federal funding plans.
2 months agoIndonesia’s state revenue dropped sharply in the first two months of 2025, and signs point to the haphazard implementation of a new taxation system as a contributing factor.
2 months agoYuliot said that plastic waste will be processed using pyrolysis technology to produce fuel oil. Meanwhile, organic waste will be used to produce bioenergy “in the form of either biogas or biomass.”
2 months agoThe government plans to use the new sovereign wealth fund to help finance up to 100 aircraft to expand the fleet of the national airline, which has navigated a path of financial turbulence over the past decade or so, alongside a potential aim to strengthen the country's aviation industry.
2 months agoThe OJK is cooking up a new set of rules in an effort to curb the growing phenomenon of "finfluencers" and protect consumers from potential losses through unlicensed financial advice on social media.
2 months agoUncertainty sparked by constant White House pivots on tariffs has potentially delayed business investments and prompted consumers to pull back on spending, said Paul Gruenwald, global chief economist at S&P Global Ratings.
2 months agoIndonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.
2 months agoThe October-February deficit, which included nearly four months until January 20 under former president Joe Biden, topped the previous record $1.047 trillion from October 2020 to February 2021 - a period marked by high COVID-19 relief spending and pandemic-constrained revenues.
2 months agoAgriculture Minister Amran Sulaiman seeks to avert a massive reduction in his ministry’s funding, arguing that the measure would jeopardize the government’s efforts to achieve self-sufficiency in food production.
2 months agoThe influencer business has been tarnished by a recent case that has gone viral in which an actress and her assistant reportedly extorted a skincare business owner to the tune of Rp 4 billion.
2 months agoDespite maintaining the credit rating at the same high level since 2017, credit agency Fitch Ratings warned that a substantial increase in fiscal deficits could trigger a downgrade.
2 months agoThailand International Auto Parts and Accessories Show 2025 (TAPA 2025), a premier trade show presenting new products and innovations in the auto parts and accessories industry is set to take place from April 3-5, 2025 in Bangkok. For more than two decades, the event has brought together leaders in the auto parts, accessories and related services industries from Thailand and around the world, thus becoming known as the world auto parts sourcing hub.
2 months agoThe firm aims to boost oil and gas production to 416,000 barrels per day (bpd) and 2,536 million standard cubic feet per day (mmscfd) in 2025, respectively, from 400,000 bpd and 2,454 mmscfd recorded last year.
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