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Greer was speaking in Kuala Lumpur at the start of a meeting with economic ministers from the 10-member Association of Southeast Asian Nations, amid concerns within the export-reliant bloc over the impact of US tariffs on their economies.
3 months agoMinister Purbaya said he had also summoned e-commerce platforms, including Tokopedia and Blibli, urging them to prevent the sale of illegal cigarettes on their marketplaces. ...
3 months agoTariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff. ...
3 months agoThe program, which aims to “link and match” new graduates with industries, will require a total budget of Rp 198 billion in its first stage of implementation.
3 months agoThe focal points of debate and disagreement shifted repeatedly over the years, ranging from palm oil policy to taxation, deforestation and ever-changing trade regulations.
3 months agoA webinar on Monday discussed some of the challenges facing the palm oil industry in the country, which was now the world's largest producer and consumer of the commodity.
3 months agoThe Energy Ministry stated that the policy would be used only as a last resort, and only until the end of the year, if local fuel stocks of private retailers were critically low.
3 months agoThe world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.
3 months agoTop global banks such as HSBC, JP Morgan and Santander had between 2021 and 2024 allocated only $1,368 billion "for sustainable power such as solar, wind, and related infrastructure ... while $3,285 billion was allocated to fossil fuels," it said.
3 months agoThe House of Representatives has agreed on a key medium-term plan to shift the country’s growth strategy from debt-driven to revenue-driven.
3 months agoBali, Batam, Bintan, Mandalika and Likupang are prime examples of areas projected to continue their growth as hubs for regional and international tourism.
3 months agoThe EU is Indonesia's fifth-largest trading partner with bilateral trade reaching $30.1 billion last year.
3 months agoIt is part of the government’s broader economic package, its third this year, totaling Rp 16.2 trillion (US$974 million) and consisting of eight economic acceleration programs.
3 months agoRivals of both companies may be concerned the partnership will undermine competition.
3 months agoThe Finance Ministry has unfrozen a large chunk of budget funds earmarked earlier this year for big-ticket flagship initiatives as spending on the free nutritious meal program has not scaled up as fast as anticipated.
3 months agoThe Financial Services Authority’s (OJK) decision to simplify borrowing for micro, small and medium enterprises (MSMEs) is a calculated risk that requires stringent oversight to prevent a surge in bad loans.
3 months agoBeijing requires social media companies to moderate content on their platforms, with posts strictly controlled to avoid anything deemed to be too subversive, vulgar, pornographic or generally harmful.
3 months agoThe Trade Ministry has reinstated controls on ethanol imports to stabilize molasses prices and protect sugarcane farmers, while also issuing new rules on cassava to support domestic producers.
3 months agoThe RCEP is seen as a potential buffer against tariffs imposed by US President Donald Trump's administration, though its provisions are considered weaker than some other regional trade deals due to competing interests among members.
3 months agoPrudential's CEO of Health, Arjan Toor, and Prudential Indonesia’s Chief Health Officer, Yosie William Iroth, spoke with The Jakarta Post’s Ni Made Tasyarani about how the insurer is navigating challenges while seeking to tap into growth opportunities in Indonesia.
3 months agoIn May, the Communications and Digital Ministry partnered with Oracle to build Southeast Asia’s largest graphics processing unit (GPU) cluster, with the goal of positioning the country as a hub for AI development in the region.
3 months agoThe agreement, to be signed in Bali, will bring Indonesia and the 27-member European bloc into closer economic ties.
3 months agoPerpadi and expert observers point out that many rice millers have been unable to sustain operations as their margins narrowed due to delayed interventions and sweeping crackdownsm compounded by the State Logistics Agency (Bulog) continuing to stockpile grain at higher prices.
3 months agoA group of US lawmakers on a rare visit to Beijing told China's No.2 leader, Premier Li Qiang, that the world's two largest economies need to step up engagement and "break the ice" as both superpowers made further inroads into stabilizing ties.
3 months agoFollowing the recovery of two bodies on Saturday, Freeport Indonesia's rescue teams are continuing the difficult search for the five workers still trapped nearly two weeks since a devastating landslide collapsed an underground mine on Sept. 8 in Grasberg, Central Papua.
3 months agoThe White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.
3 months agoSeveral online platforms, including Chinese retailers AliExpress and Temu and social media giants Facebook, Instagram, X and TikTok, are being probed under the European Union's landmark Digital Services Act (DSA).
3 months agoUS President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and would meet face-to-face in six weeks in South Korea to discuss trade, illicit drugs and the Russia-Ukraine war.
3 months agoAfter the August unrest, the government has projected higher spending next year that aims to accelerate economic growth. Doubts remain on whether it can generate enough revenue to finance the plan.
3 months agoCalls for reform are being reinforced by Foreign Ministry warnings over a surge in cases involving migrant workers.
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