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View all search resultsEven prior to Dony Oskaria’s appointment, analysts had suggested the removal of Erick Thohir could lead to the dissolution of the SOEs Ministry or its merger with Danantara.
3 weeks agoBank Indonesia's rate cut this week stunned markets for all the wrong reasons - investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah sell-off. ...
3 weeks agoThe Financial Services Authority (OJK) has backtracked on plans to make cost-sharing mandatory in health insurance policies. ...
3 weeks agoSpanning 2.5 million hectares across three national parks, the TRHS is a UNESCO World Heritage site recognized for its role in conserving biodiversity and protecting endangered species.
3 weeks agoAsian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping.
3 weeks agoFollowing deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion.
3 weeks agoThe government has said it will not renew the incentive scheme, which since 2024 has allowed automakers to import completely built-up (CBU) EVs without paying import duties, luxury tax or value-added tax (VAT).
3 weeks agoExperts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.
3 weeks agoThe IDX Composite climbed another 0.5 percent to 8,065.74 points in Thursday's opening session before slipping to close 0.21 percent lower at 8,008.43 points.
3 weeks agoAuthorities have yet to trace the root cause of the radioactive contamination that prompted FDA action against Indonesian shrimp last month.
3 weeks agoCelebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java.
3 weeks agoBank Indonesia reveals that Rp 2,372.1 trillion in approved bank loans remains unused as of August, warning that sluggish credit expansion, with just 7.56 percent year-on-year growth, could weigh on GDP growth.
3 weeks agoEquities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell warning about the struggling jobs market.
3 weeks agoLeading vegetable oil processor Apical Group has reinforced its commitment to balancing economic growth, community welfare and ecosystem conservation through its Sustainable Living Village (SLV) program.
3 weeks agoOjol drivers have been demanding that the government cap commission fees at 10 percent, including during their latest protest on Wednesday under the banner “179.”
3 weeks agoFreeport Indonesia said negotiations on the government's planned acquisition of additional company shares are ongoing.
3 weeks agoBank Indonesia (BI) has cut its benchmark interest rate in a surprising move hours before its United States counterpart is expected to reduce borrowing costs in the US as well.
3 weeks agoThe amount is contingent on the effective rollout of the Rp 130 trillion program budgeted by the state asset fund for microcredits in 2025, with just three months remaining for state lenders to disburse the loans.
3 weeks agoThe European Union and Indonesia have finalized a trade agreement to be signed next week in Bali, according to the government.
3 weeks agoThe US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.
3 weeks agoThe government's latest stimulus package must be managed efficiently and be supported with other policy measures that address deeper problems for long-term benefits, experts say.
3 weeks agoConcerns about the independence of the central bank have been mounting following the announcement of a "burden sharing" deal that will see BI increase the interest it pays on government deposits to fund state programs.
3 weeks agoState-owned lenders have received 200 trillion rupiah ($12.2 billion) in government deposits redirected from Bank Indonesia to spur credit growth, but their top executives are unsure how to deploy the funds.
3 weeks agoThe country needs a balanced approach to growth that incorporates innovation, development and investment in targeting key value-added sectors to not just catch up with its regional peers, but to achieve its overarching goal in the Golden Indonesia 2045 vision.
3 weeks agoWith a digital penetration rate of approximately 80 percent in Southeast Asia, countries in the region have prioritized digital transformation when it comes to national development. The ASEAN region is a potential market for digital payment innovation, in particular the increase use of the QR (Quick Response) payments since it was first introduced in each country.
3 weeks agoTwo new tunnels were successfully dug to the initial target location within 30 hours, but the workers were not found there.
3 weeks agoForeign investors are plotting a return to China's stock markets in a big way three years after pulling back and terming them uninvestable, encouraged by the tech opportunities on offer, and a growing demand for diversification beyond US assets.
3 weeks agoVietnam has asked the United States to reconsider a decision that could lead to a ban on some Vietnamese seafood exports to the American market starting next year, a potential blow to an economy already hit by US tariffs.
3 weeks agoAsia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the US Federal Reserve would resume its easing cycle this week and potentially leave the door open to further rate cuts.
3 weeks agoThe Food and Drug Monitoring Agency (BPOM) has stated that a variant of instant noodle brand Indomie flagged by Taiwanese authorities is safe for consumption, according to Indonesian standards.
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