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View all search resultsThe Finance Ministry has announced a new housing bond to help finance the government's 3 million affordable homes program as a "modification" of the FLPP mortgage facility launched in 2021.
7 months agoPT Toyota Motor Manufacturing Indonesia (TMMIN) exports cars to nearly 100 countries. ...
7 months agoThe OJK has revoked the business license of PT Asuransi Jiwasraya, effective on Thursday, in the latest development related to an ongoing graft probe into the state-owned life insurance firm. ...
7 months agoThe European Union will seek more gas from countries including the United States to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.
7 months agoFederal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies.
7 months agoAnalysts have warned that the situation may deteriorate further this year following the government’s decision to slash infrastructure spending, typically the sector’s main revenue source. They argue that consolidation among these firms is now more urgent than ever.
7 months agoIn 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters.
7 months agoPT Sanken Indonesia, a subsidiary of Japan-based electronic equipment manufacturer Sanken Electric Co. Ltd., plans to close its MM2100 factory in Cikarang, West Java, in June, a government official has said.
7 months agoUS President Donald Trump said on Wednesday he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals.
7 months agoAsian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.
7 months agoThe government will slap a higher export tax on future copper shipments by PT Freeport Indonesia (PTFI) after a fire late last year halted operations at its new smelter in Gresik, East Java.
7 months agoThe government’s massive budget cuts to fund the free meals program and shower the sovereign wealth fund with cash has garnered a mixed reception from economists, who say the cuts may be overly drastic but still preferable to issuing more debt.
7 months agoBank Indonesia (BI) has kept its key interest rate unchanged and expects just one cut in the US Federal Reserve’s (Fed) benchmark rate this year.
7 months agoBuilt by young local developers, the AI model will be cost-effective, Luhut noted, since DeepSeek was open source.
7 months agoUS President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
7 months agoReal Estate Indonesia (REI) central board chairman Joko Suranto says a lack of details on the program run by the Public Housing and Settlements Ministry is causing instability in the country’s property market.
7 months agoPT Freeport Indonesia president director Tony Wenas says his company is ready to export 1.3 million tonnes of copper concentrate worth an estimated $5 billion this year.
7 months agoAsian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of US President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.
7 months agoThe challenge for Prabowo’s administration is determining how to transition away from coal without disrupting energy security.
7 months agoIndonesia imported over 10.47 million tonnes of nickel ore last year. Some 97 percent was procured from the Philippines.
7 months agoDanantara has the authority to set up joint ventures with any company, National Economic Council (DEN) head Luhut Pandjaitan said on Tuesday.
7 months agoThe State-Owned Enterprises (SOEs) Ministry has transformed PT Indonesia Battery Corporation (IBC) from a project development company into an investment holding company.
7 months agoAccording to the senior economy minister, the new policy requiring businesses to park 100 percent of their forex earnings domestically for at least one year aims to curb transfer pricing, while the President said it would boost the country’s forex reserves and ensure that its natural resources benefited the people.
7 months agoHong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.
8 months agoShipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.
8 months agoAgriculture Minister Andi Amran Sulaiman said on Friday that domestic milk production could only cover around 20 percent of national demand, leaving the country to face a 4.9 million tonnes deficit.
8 months agoThe IDX Composite surged 2.9 percent on Monday, driven by gains in banking stocks as investors anticipated dividend announcements from state-owned banks.
8 months agoCanadian Minister of International Development Ahmed Hussen has conveyed his country’s interest in supporting nuclear energy development in Indonesia.
8 months agoThe fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects without tapping external financing, according to the President, such as renewable energy, advanced manufacturing, downstream industries and food production.
8 months agoPresident Prabowo Subianto on Monday signed a regulation requiring exporters of resources other than oil and gas to hold all proceeds locally for at least a year, which he said would add US$80 billion to the country's forex reserves.
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