The government plans to establish 10 industrial estates that will function as the main building blocks for developing the downstream silica industry over the next 20 years.

PT Daya Intiguna Yasa Tbk, better known as MR. D.I.Y Indonesia, has achieved another historic milestone in inaugurating its 1,200th store with a new outlet in Sumbawa, West Nusa Tenggara, underscoring the company’s strong commitment to national expansion beyond Java to various regions with increasing economic growth potential.

Under the agreement, both Danantara and Thakher Development will acquire the Novotel Makkah Thakher City, a 1,461-room hotel, along with 14 land plots spanning roughly 4.4 hectares earmarked for future development.

Through a structured policy approach to monetizing its nearly limitless renewable potential, Indonesia has the resources necessary to become ASEAN's green energy powerhouse.

The collapse of the deal to retire the Cirebon-1 coal-fired power plant early has left Indonesia’s landmark Just Energy Transition Partnership (JETP) searching for a new direction, with experts highlighting slow disbursement and a mismatch in funding priorities.

Rising costs, fragile supply chains and cooling demand are forcing businesses in Asia Pacific to rethink their future strategies.

In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world's manufacturing powerhouse.

Jakarta will send a delegation to Washington to discuss the matter after senior officials agreed to finalize what the two leaders agreed upon on July 22.

The Elon Musk-led company's move towards a public listing, which could rank among the largest global initial public offerings, has been largely driven by the rapid expansion of SpaceX's Starlink satellite internet business.

The $120-million effort will link northern and southern Papua New Guinea and the Bougainville autonomous region with high-capacity cables, Peter Tsiamalili, PNG's acting minister for information and communications technology, said on Friday.

Items once promoted to reduce waste are now collected, displayed and replaced at a pace that mirrors the very overconsumption they were meant to counter.

Tax director general Bimo Wijayanto said the tax office is now in possession of far more complete data than it did in the past, including the data on beneficial owners.

The country has marked a milestone as the first containers of shrimp, certified free of Cs-137, cleared inspections to enter the US this week, ending months of disruption in supplying the seafood industry's largest export market.

Danantara has previously inked partnerships with the sovereign wealth funds of Qatar, China and Russia to form a joint investment fund for strategic sectors.

A report published by the Tourism Ministry noted a low search-to-traffic ratio, which gauges potential demand by comparing online search interest from various countries for the priority destinations with the actual traffic that follows.

The gold and copper mining giant says it is retaining all permanent employees at its Gresik smelter, which has been impacted by the September mudslide at its underground mine in Mimika, Papua, and is not expected to resume operations until March next year.

The proposal, passed earlier by the lower house, will raise or impose new duties of up to 50 percent from 2026 on certain goods.

The group, owned by President Prabowo’s brother, has recently expanded into technology and digital assets, following its move in late 2024 to become a shareholder in PT Solusi Sinergi Digital.

While the move had been priced in for several weeks, investors were cheered by the fact that bank boss Jerome Powell was "less hawkish" in his post-meeting remarks.

Greer declined to discuss the state of the trade talks with Indonesia, saying they were subject to a confidentiality agreement, but underscoring Washington's interest in finalizing the trade deal.

The festival, which runs from Dec. 10 to 11 and is free to all visitors, aims to increase public trust in the fintech industry toward better, sustainable economic growth.

Indonesia’s banking industry is cautiously optimistic about 2026 loan growth after sluggish demand this year.

News reports suggest that talks aimed at reaching a final bilateral trade agreement were in danger of collapsing over growing frustration in Washington.

According to preliminary data from Bank Indonesia (BI) published on Wednesday, the retail sales index (RSI) was projected to have climbed to 222.1 in November, marking a solid 5.9 percent year-on-year (yoy) increase from 209.7 in November 2024.

Estimates indicate 600 billion cubic feet (Bcf) of gas initially in place, with a potential of beyond 1 trillion cubic feet (Tcf).

The strategy, called Libra Hybrid, is targeting $500 million in total commitments and drew capital from global institutions including sovereign wealth funds and Granite Asia's partners, Granite Asia said in a statement.

Deep in the Abu Dhabi desert, a vast AI campus a quarter the size of Paris is starting to emerge, the oil-rich UAE's boldest bet yet on technology it hopes will help transform its economy.