The United States lost its last triple-A credit rating from a major agency Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.

As the number of tourists in Bali continues to rise, hotels on the island are suffering from declining occupancy rates, which they blame on a growing number of unlicensed rentals, raising concerns about harm to the local economy.

Fostering a positive work environment, offering clear career paths and investing in training programs are crucial to boosting employee engagement and long-term retention, experts say.

During the two-day 2025 APEC trade ministers' meeting, Indonesia called for the reinstatement of the paralyzed WTO Appellate Body and for APEC members to defend the multilateral trading system amid growing protectionism.

The government has green-lit KUFPEC's plan to develop the gas-rich Anambas Block in the Natuna Sea for an estimated investment of US$1.54 billion to supply both the domestic and regional markets.

Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multibillion-dollar high-speed railway from Hanoi to Ho Chi Minh City, with state media reporting the government had welcomed the plan.

Industry associations warn that Bali’s ban on small plastic bottles last month could lead to a sales decline of 5 percent, as the province contributes significantly to the RTD beverage market.

Asian stocks were ending a strong week on a softer note on Friday as the euphoria over US-China trade talks faded, while revived bets for policy easing in the United States sparked a rally in beaten-down bond markets.

The government has postponed the release of monthly trade for April, which should have revealed the impact of new US import tariffs on Indonesian exports, mere hours before it was supposed to be published.

The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid the onset of United States tariffs, as the US and Chinese trade representatives met on the sidelines of the gathering.

The government is slated to raise its export levy on crude palm oil from 7.5 percent to 10 percent of the reference price starting May 17 to fund a biofuel program and replanting efforts.

As some countries and global firms look to invest in the US to avoid Washington’s import tariffs, Indonesian businesses remain hesitant. The Indonesian Employers Association (Apindo) sees no strong appetite for outbound investment among local companies.

The land would be developed by the Agriculture Ministry, with 200,000 hectares situated in Wanam, South Papua, while the remaining 225,000 hectares spread across South Kalimantan, Central Kalimantan, West Kalimantan and South Sumatra.

The Argentine government expects to expand its beef export market to Indonesia this year, promising competitive prices and reciprocal access for Indonesian products.  

The government views the ceasefire in the trade war between the world’s two largest economies as an opportunity to demand open and fair trade in its own negotiations with a highly protectionist US administration.

A video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.

A subsidiary of publicly listed mining company PT Amman Mineral Internasional entered Phase 8 with reserves of around 460 million tonnes of minerals after it concluded Phase 7 last year.

Businesses note that some companies need age caps to simplify the hiring process, especially when there are large applicant pools.

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

A BYD Seal caught fire in the Palmerah area of West Jakarta on Tuesday afternoon in an incident suspected to have been caused by a short circuit in the electric vehicle’s battery.

Asian stocks fluctuated Wednesday, with investors struggling to track a strong day on Wall Street as euphoria over the China-US trade detente petered out.

The key to resolving the housing backlog is to take a balanced policy approach that addresses both the supply and demand side, more especially the latter, to provide more flexible housing options.

Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking.

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce.  

Dairy products, especially milk, could be on the menu of renegotiated trade talks with the US, Kadin has said, suggesting that powdered milk imports could be used for the President's free meals program.

The dollar retreated slightly on Tuesday but held most of its gains on lingering optimism over a tariff deal between the United States and China, which tapped the brakes on a trade war between the world's two largest economies.