Southeast Asia's biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.

PLN is unlikely to be directly involved in the initial phase of planned solar power exports from Indonesia to Singapore. An energy expert said the state-owned power provider should prioritize meeting its commitments under the electricity procurement business plan (RUPTL), given its limited capital and extensive domestic responsibilities.

In Indonesia, state utility PLN continues to fund grid development primarily through its own balance sheet; a model that places sustained pressure on its financial performance. Addressing financing challenges will be essential to ensuring the grid's readiness for a renewable-powered future.

The BI rate would remain at 5.50 percent, where it has stood since a 25-basis-point (bps) cut last month.

Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source.

In a bid to solve a funding shortfall for the President's "3 million homes" program, the housing ministry has come up with a plan to disburse Rp 130 trillion (US$7.98 billion) contributed by state banks under Danantara via the micro credit program (KUR).

Dutch state-run financial institution Invest International and the Public Works Ministry signed a letter of intent (LoI) during the Dutch Economic Mission to Indonesia forum on Monday

Other cooperation includes the sectors of renewable energy and sustainable industrial zones.

Experts say more needs to be done to properly fix nickel industry governance in the country, including stricter supervision and recalibration of its downstreaming push.

To compete with its neighbors, Indonesia must reframe regional tourism as a strategic priority rather than a side focus. This requires targeted action across three main areas: Destination development, air connectivity and service quality.

Once fully implemented, the trade agreement is expected to increase Indonesia’s exports to the EU by as much as 50 percent over three years.

In a brutalist building of Semesta Gallery in South Jakarta, Asmaraloka Art Exhibition Chapter 3 displays a three-floor testament to “Memories”, and, more urgently, to the emergence of a new generation of Indonesian creatives.

The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.

Danantara CIO Pandu Sjahrir has highlighted that the investment would bolster national resilience by cutting reliance on imported caustic soda and ethylene dichloride, key inputs for downstream industries such as nickel processing.

The Transportation Ministry has vowed to monitor all airlines in Indonesia, especially those operating the Boeing 787-8 Dreamliner, following the recent Air India crash.  

The instruments would allow the World Bank and its partners to mobilize an additional $345 million of private investment to finance solar and wind projects.

Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.

The government aims to finalize the revised regulation next month to tackle the country’s mounting waste crisis by the end of President Prabowo Subianto’s term in 2029.

The government currently sees no need to send another delegation to the United States for the negotiations on tariffs as it believes it has made its case for open bilateral trade and says the ball is now in the US’ court.

On June 12, MR.D.I.Y Indonesia held its inaugural Annual General Meeting of Shareholders (AGMS), in which shareholders approved key decisions over the company’s 2024 net profit.

Bandung Mayor Muhammad Farhan has argued that many travelers from Bandung prefer to fly from Jakarta’s Halim Perdanakusuma International Airport rather than go to Kertajati International Airport in Majalengka, after Husein Sastranegara Airport’s closure in 2023.  

The power plant will have a total capacity of 40 megawatts (MW) and will require around US$220 million of investment, according to a statement posted on Instagram by the directorate general of new, renewable energy and energy conservation.

The fall in new purchases highlighted the sector’s vulnerability to policy shifts as producers and consumers remain in wait-and-see mode over future incentives.

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.

The government plans to push up the poverty line in a move that would bring Indonesia’s measure closer to that of the World Bank, even though that could be politically risky, as it would categorize more people as poor.

The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.

Russia's state nuclear corporation Rosatom and state-owned China National Nuclear Corporation have been tapped to lead separate consortiums to build the first nuclear power plants in Kazakhstan, the country's atomic energy agency said on Saturday.