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View all search resultsThe Gates Foundation has pitched a strategic collaboration with Danantara Trust, the philanthropic arm of Indonesia’s state asset fund, which is being set up to manage endowments and channel charitable grants.
3 months agoUnder the new rule introduced late last month, state institutions are permitted to buy domestic products with at least 25 percent local content instead of 40 percent previously. ...
3 months agoRetail industry representatives have urged the government to hand out shopping vouchers to consumers to boost people's spending power and thereby stimulate economic growth. ...
3 months agoUS stock futures and Chinese markets rose on Wednesday, as investors cheered news of a meeting between top US and Chinese trade officials as a chance to tone down the tariffs, while China cut interest rates and vowed to support stock markets.
3 months agoThe proposal has drawn pushback from a farmers’ association, which says the current global price surge is a rare opportunity to maximize profits after years of depressed returns.
3 months agoTo overcome operational inefficiencies and data security risks, renowned building materials company Solusi Bangun Beton partnered with Standard Chartered to implement a digital payments platform that streamlines transactions and improves customer experience.
3 months agoThe TKDN policy has become a strategic issue in Indonesia's economic development. On the one hand, it serves as a crucial tool for promoting national industrial growth. On the other hand, it can lead to inefficiencies and reduce the competitiveness of domestic industries.
3 months agoRecord-high yields in the first four months of the year has helped expand the national rice reserve from 1.7 million to 3.5 million tonnes, inadvertently leading to a shortage of storage facilities but also creating an export opportunity.
3 months agoOne Garuda aircraft and 14 Citilink planes await heavy maintenance checks, which include comprehensive inspections and component replacements.
3 months agoIndonesia is looking to strengthen local currency usage in partnership with multilateral development banks (MDBs) amid global economic challenges and to support sustainable development.
3 months agoThis practice has pushed several miners out of business, according to the association, while others that have remained operational either have the large-scale capacity to do so or are simply operating to keep equipment running and preserve jobs.
3 months agoState-Owned Enterprises (SOEs) Minister Erick Thohir says his office is exploring further budget cuts for SOEs by limiting business trips and reducing the number of executives.
3 months agoOpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.
3 months agoEconomic growth in Prabowo Subianto’s first full quarter as president has touched the slowest pace since the coronavirus pandemic as the Ramadan boost failed to significantly jack up consumer spending and investors fretted about global uncertainty while government spending contracted.
3 months agoWhile the project is pitched as a tool to streamline digital verification and potentially offer users a new income stream, it has drawn criticism over concerns about biometric data collection.
3 months agoOn the heels of Sunday's launch of the aiport's newly renovated haj terminal, the government has disclosed a plan to overhaul Terminal 1F to serve just low-cost carriers by the end of first quarter next year.
3 months agoThe national economy grew 4.87 percent in the first quarter from a year earlier, its weakest growth rate in more than three years, official data showed on Monday, compared with a 4.91 percent growth rate expected by analysts in a Reuters poll.
3 months agoOil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed.
3 months agoThe dollar was losing ground again on Monday as a meteoric surge in its Taiwanese counterpart spilled over elsewhere, fueling speculation some Asian countries were prepared to engineer revaluations to win US trade concessions.
3 months agoThe creation of a new task force signals growing government support for the early retirement of coal power plants, but experts warn the initiative may fail unless it is backed by strong political will and international funding.
3 months agoPresident Prabowo has promised to form a layoff task force to prevent arbitrary dismissals of employees and ensure companies adhere to fair labor practices, as demanded by workers attending the May Day rallies.
3 months agoOPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on Saturday, despite falling prices and expectations of weaker demand.
3 months agoApple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.
3 months agoExperts are wary that the new regulation will put more pressure on already struggling low-income communities, as they will have to compete with individuals in the new higher-income brackets to secure affordable housing.
3 months agoIndonesia’s manufacturing Purchasing Managers’ Index (PMI), the key gauge of factory activity in the country, has touched its lowest point since the coronavirus pandemic.
3 months agoHigher demand for coffee and gold drove April's 1.95 percent rise in CPI, according to BPS, with the prices of the two commodities recording global highs in recent months due to external factors such as climate impacts and geopolitical tensions.
3 months agoMany components contribute to the sustainability of a company, with innovation usually at the helm of success. Adaptability to changes in the market and consumer preference is the key for a company to be able to serve its growing base and secure its place in the future.
3 months agoAt a meeting with House Commission XII broadcast live on Thursday, the Antam president director said its products had become unsellable because buyers balked at paying the government-mandated benchmark prices for minerals and coal.
3 months agoApple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said on an earnings call.
3 months agoThe United States has approached China to seek talks over Trump's 145 percent tariffs and Beijing's door was open for discussions, the commerce ministry said.
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