Recent identification of eight prospective rare earth element mining deposits may add non-Chinese supply options for global players, but will not impact market that is heavily centered on Beijing, due to lack of supply and processing ability.  

Critics say the order could instead be filled through the domestic automotive industry, which is struggling with weak consumer demand.  

The publicly listed miner, while confirming the closure of a site within subsidiary CPM's forest concession over illegal land clearing, has underlined that the targeted area was not operational and so will not affect its overall operations.

The government's decision to reverse its plan for the early retirement of the Cirebon 1 power plant in West Java has raised fresh doubts about Jakarta's energy transition commitment and dashed the hopes of locals who blame the plant for environmental and health problems.

Inbound visitors totalled 3,597,500, the Japan National Tourism Organization (JNTO) said, falling for the first time since January 2022.

PT Perusahaan Mineral Nasional and Danantara may also enter negotiations for equity or debt participation in the Maboumine project, according to a statement, though no value or timeline has been disclosed.

With much of the global conversation currently focused on developments in and around the United States, attention often gravitates toward politics, policy shifts and geopolitical implications. Less visible, but equally important, is how US businesses continue to operate and invest overseas amid this evolving global context.

Private funds could flow elsewhere without coal cuts, the German ambassador to Indonesia warns, saying renewables cannot scale while coal remains dominant.  

United States President Donald Trump's administration on Tuesday announced three projects valued at US$36 billion to be financed by Japan, including an oil export facility in Texas, an industrial diamonds plant in Georgia and a natural gas power plant in Ohio.

The government has issued a loosely-worded statement days ahead of the expected signing of a tariff agreement with the United States, following a weekend meeting at President Prabowo Subianto’s Hambalang estate in Bogor, West Java.

As an archipelagic country, Indonesia is endowed with diverse economic potential across regions, reflected in regional economic structures and export profiles.

As artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.

The dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.

The energy minister has taken an "all stick, no carrot" strategy to pressure firms into start pumping oil and gas from stalled projects, threatening hundreds of wells with the prospect of losing their permits.

According to the ministry's renewables director general, the Bangka Belitung Islands and West Kalimantan are two priority provinces under consideration as a potential site for developing Indonesia's first nuclear power plant toward a 2032 on-grid target.

Asian markets were subdued on Monday, as the extended Lunar New Year holiday approached and Japan reported lackluster economic growth.

Japan's economy limped back to meager growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic demand.

Some technology firms deliberately avoid using personally identifiable information in their AI models to reduce compliance risks, despite the limitations this places on their ability to improve operational efficiency.

Vietnam has granted a license to Elon Musk's Starlink to operate its satellite internet services in the communist country, a government agency said.

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

It has been reported that Karimun, Riau Islands, has been part of a system of traders, shippers and transshipment points, including the floating hub along the Malacca and Singapore straits and Fujairah in the United Arab Emirates, that has helped keep Russian oil and products flowing, despite the sanctions.

Sellers of nian gao or kue keranjang in Glodok’s Chinatown area as well as parts of West and Central Java reporting softer sales compared to previous years.

President Prabowo Subianto has emphasized the need to be realistic in a speech on the Indonesian economy, where he promoted key initiatives of his administration to drive gross domestic product growth.

The issue related to items that were not declared in the import notification, resulting in the sealing of the jeweler’s outlets in Plaza Senayan, Plaza Indonesia and Pacific Place.  

Cumulative sales in high-rise condos stood at just 56 percent last year in a continuation of a decade-long downward trend, while new launches remained subdued in a lackluster market.

European Union leaders agreed on Thursday on a wide-ranging set of commitments to improve how the bloc's border-free internal market works so Europe's businesses can be competitive and survive aggressive economic rivalry from the US and China.

Asian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data.