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View all search resultsHence, prioritizing downstreaming and industrialization can enable Indonesia to take full advantage of its resources and boost economic growth. This strategy, however, will require substantial investment in infrastructure, technology, human resources and a supportive policy environment.
7 months agoThe government plans to utilize 221,000 hectares of confiscated oil palm plantations, much of it protected forest land, to continue planting oil palm as part of its effort to achieve energy security. ...
7 months agoMinister Rosan Roeslani also said VinFast's factory in West Java province would start operations next year, with a production capacity of 50,000 units a year. The company broke ground on the US$200 million EV assembly plant last year. ...
7 months agoThe government has pegged the investment needed at Rp 802.56 trillion (US$50.5 billion) to ramp up processing across 11 key crops, Agriculture Minister Amran Sulaiman said on Monday.
7 months agoPreviously, the government mulled introducing a rule that would require ride-hailing companies to provide holiday allowances for their partners similar to those of formal workers, but in early March it toned down the plan into a simple bonus.
7 months agoAsian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent US economic growth and lead to a recession, sending skittish investors to the safe-haven Japanese yen.
7 months agoThe arrival of these carriers is expected to help bridge the gap between the country’s current operating fleet of 410 aircraft and the ideal 750 needed to meet growing demand.
7 months agoSeveral new EV manufacturers have entered the Indonesian market in 2025, seeking refuge from cutthroat competition on their home turf.
7 months agoIndonesian property firm PT MNC Land announced the launch on Friday of Trump International Golf Club Lido, a Trump Golf-operated 7,200-yard golf course.
7 months agoAt least 12 members of the Indonesian Solidarity Party (PSI), including PSI secretary-general Raja and deputy chair Andy Budiman, have been appointed to the program’s Operation Management Office (OMO).
7 months agoThe Business Competition Supervisory Commission (KPPU) has begun a preliminary investigation into an alleged monopoly case involving non-subsidized cooking gas sales by state-run oil and gas company Pertamina’s commercial arm.
7 months agoInvestment and Downstream Minister Rosan Roeslani told reporters on Friday that he reaffirmed the government’s plan to involve Dalio as one of the members of the advisory board of the country’s latest sovereign wealth fund Danantara.
7 months ago"I hate to predict things like that," he told a Fox News interviewer when asked directly about a possible recession in 2025.
7 months agoThe Japanese government began a rare auction on Monday of its emergency rice stockpiles in a bid to help drive down the surging price of the national staple.
7 months agoUsed in everything from cakes and frying fats to cosmetics and cleaning products, palm oil makes up more than half of global vegetable oil shipments and is especially popular among consumers in emerging markets, led by India.
7 months agoAs the public was left with no clarity on the state of the government budget, experts have suggested that results for the first few months of this year would see a significant decline compared with the same period last year.
7 months agoChina announced tariffs on over US$2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by US President Donald Trump's tariff threats.
7 months agoHIMKI chairman Abdul Sobur said the country’s furniture industry had been relying on international exhibitions hosted by the government to open the export market, but such events have been discontinued as organizing overseas exhibitions is expensive.
7 months agoApple now needs to obtain a series of certificates and approvals from various ministries, the statement said.
7 months agoRupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.
7 months agoThe Indonesia Just Energy Transition Partnership (JETP) secretariat has insisted that the complete withdrawal of the United States from the program will have little effect on the overall climate funding for the country, stressing that some ongoing deals will still commence as planned.
7 months agoGerman industrial orders in January posted their biggest monthly fall in a year, data showed Friday, underlining the challenges faced by Europe's top economy before a new government takes office.
7 months agoGlobal coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.
7 months agoEnergy and Mineral Resources Minister Bahlil Lahadalia acknowledged that, with the mining company’s smelter currently offline, Indonesia risked losing billions in revenue and thousands of jobs.
7 months agoApproximately 77 percent of the net proceeds will be allocated for capital expenditures, primarily for the construction of a new plant in Nganjuk, East Java
7 months agoThe first two months of the year saw the opening salvo of a renewed US-China trade war, with US President Donald Trump imposing an extra 10 percent levy on Chinese goods, arguing Beijing had not done enough to stem the flow of the deadly opioid fentanyl.
7 months agoTouting Beijing's cooperation in the fight against the fentanyl epidemic in the United States, Wang Yi said Washington should not "repay kindness with resentment, let alone impose tariffs without reason".
7 months agoThe middle class is not expanding fast enough to meet ambitious development goals, experts and businesses warn, which could scupper President Prabowo Subianto’s plans to boost economic growth to 8 percent and make Indonesia a developed country by 2045.
7 months agoThe artificial intelligence-ready data center project, dubbed SMX01, is set to operate in Jakarta’s central business district (CBD) with an initial 18-megawatt (MW) load capacity that can be increased up to 60 MW.
7 months agoHealth problems such as cancer can threaten financial stability as medical treatment, hospitalization, surgery, and other healthcare treatments can be very expensive. This explains why having health insurance matters.
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