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In addition to food provision, BGN is also planning to open more than 8,000 kitchens in remote areas, which would require an extra Rp 14.1 trillion.
7 months agoPresident Donald Trump signed a bill Wednesday to end the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Republicans and Democrats played a high-stakes blame game. ...
7 months agoStocks and gold paused for breath on Thursday as the US Congress voted to end the longest government shutdown on record, with markets waiting for the resumption of US economic data to gauge the rates outlook. ...
8 months agoTighter integration between banks, insurers and online travel portals could spur the pilgrim travel economy and give rise to products catering to individual travelers, balancing accessibility with consumer protection.
8 months agoThe government has confirmed ongoing merger talks between GoTo and Grab, with state asset fund Danantara taking part in the process amid mounting losses from the state-owned firm’s investments in GoTo.
8 months agoGlobal oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to cleaner fuels and predicting that the world will likely fail to achieve climate goals.
8 months agoFord is exploring the possibility of building a local assembly plant in West Java with operations expected to begin in 2027.
8 months agoThe government estimates that the poultry farming initiative could create around 3 million direct and indirect jobs over the next four years.
8 months agoEquities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut.
8 months agoIn a regulation signed in June, President Prabowo Subianto redefined the under-construction city of Nusantara as a “political capital”, marking a shift from former president Joko “Jokowi” Widodo’s vision of “global green city” built to international standards to symbolize the country’s transformation by 2045.
8 months agoWhile preliminary BI data indicates consumers' growing confidence in the economy, an economist has pointed out a decline in the ratio of consumption to income suggested cautious optimism.
8 months agoThe merger process involving PT Pertamina Patra Niaga, PT Kilang Pertamina Internasional and PT Pertamina International Shipping is expected to be concluded by Jan. 1.
8 months agoBP Batam says it is looking at consortium BIB to take over the Hang Nadim airport expansion project after original contractor WIKA withdrew, apparently due to ongoing financial troubles.
8 months agoPrabowo’s 3 million housing program was recently removed from the list of National Strategic Projects (PSN), raising concerns over the continuity of state-backed support.
8 months agoBy early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August.
8 months agoThe longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.
8 months agoUS President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.
8 months agoThe government has put back in motion a long-delayed plan to redenominate the rupiah, likely by cutting off three zeros, but economists warn the plan could cause more problems than it solves.
8 months agoThe homegrown tech giant saw a surge in shares on Monday morning after the state secretary's statement on Friday, which revealed the government was discussing a potential merger between GoTo and rival Grab in relation to a new ojol regulation currently being drafted
8 months agoThe plan includes 63 percent of the proceeds going to the airliner's low-cost subsidiary Citilink to strengthen its cash flow and clear a US$225 million debt to Pertamina, according to the disclosure document.
8 months agoToyota and Pertamina aim to establish a joint venture for the project by early 2026.
8 months agoThe US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.
8 months agoWhile the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity.
8 months agoIndonesian-made electric motorcycle Alva N3 is being presented at the Milan Motorcycle Shows (EICMA) in cooperation with Kawago as the international sales partner.
8 months agoIndonesia’s central bank currently holds only 80 tonnes of gold, just 5.9 percent of its total reserves.
8 months agoThe national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.
8 months agoBipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.
8 months agoAs the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.
8 months agoThe company said its profit after tax for the 2024-2025 fiscal year dropped 32 percent to 1.5 billion euros (US$1.7 billion).
8 months agoJakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity.
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