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Due to elevated funding costs, sustained NIM pressure and higher provisions, Samuel Sekuritas has lowered its 2026 earnings growth forecast for banks from 4.6 percent in its previous report to 1.8 percent.
3 weeks agoAt a time when Indonesia desperately needs foreign currency, authorities spooked investors with tighter export controls lambasted as "resource nationalism", while a move by parliament to tighten oversight of the central bank raised fears for its independence. ...
3 weeks agoThe agreements include a Japanese five-year investment pipeline of more than 9 billion pounds in infrastructure and financial services, alongside plans to unlock up to 9 billion pounds for UK offshore wind projects. ...
3 weeks agoThe summit in France will bring the US face-to-face with France, Germany, Canada, Italy, Japan and the United Kingdom.
4 weeks agoAnthropic's relationship with the government ruptured this year after it refused to allow the US military to use its AI models for domestic surveillance and fully autonomous weapons systems, responded by the government by putting Anthropic on a supply chain blacklist, set to take effect later in the year.
4 weeks ago'The extensive investigatory record reviewed by the Division suggests that the impact of the transaction will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers,' DOJ said.
4 weeks agoDespite ongoing efforts to bridge Indonesia's digital divide, robust digital infrastructure remains critical to unlocking the full potential of the country's digital economy.
4 weeks agoThe most recent fuel price hike puts further strain on middle class consumers by driving up commuting costs and adding to overall inflation at a time when many workers are struggling with dim employment prospects.
4 weeks agoDespite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.
4 weeks agoThe demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.
4 weeks agoThe Kalla Group currently operates hydroelectric power plants with a combined capacity of around 1,500 megawatts (MW) and is preparing to add another 2,000 MW through new projects, including gas-fired plants.
4 weeks agoThe Institute for Essential Services Reform (IESR) said the disruptions at a single power plant or transmission component not supposedly trigger widespread blackouts given PLN's 30 percent reserve margin, protection systems and network redundancies.
4 weeks agoThe administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.
4 weeks agoDanantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.
4 weeks agoNewly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.
1 month agoA House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.
1 month agoIndonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.
1 month agoA submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.
1 month agoFresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.
1 month agoThe investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.
1 month agoAvoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note.
1 month agoThe merger was exercised amid the increased needs for brands on a more integrated marketing solution.
1 month ago'Oversold' markets expect concrete improvement in policies, not rhetoric.
1 month agoPrices for subsidized Pertalite and Biosolar, however, remain unchanged.
1 month agoThe company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.
1 month agoIndustry players welcomed the government's decision, viewing it as a positive step toward ensuring stability and investment certainty in the sector.
1 month agoAmid rumors that he might be restored to his former post as finance minister, Chatib has pointed to investor confidence in the government's fiscal management as the key issue at present.
1 month agoOne year into a government internship program placing fresh graduates in subsidized roles across the country, many of its participants are struggling to secure permanent jobs, citing intense competition in a tightening market.
1 month agoBank Indonesia (BI) has increased the benchmark interest rate outside the routine schedule to shore up the rupiah after a hefty hike at the last Board of Governors' meeting and other measures failed to arrest the currency’s depreciation.
1 month agoThe world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.
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