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Victory Chingluh Indonesia plans to lay off thousands of workers after reducing its workforce by 2,000 in March, but labor union group KASBI says workers are unfairly paying the consequences for an issue to do with production quality.
3 weeks agoThe National Consumer Protection Agency (BPKN) announced plans to summon PT Tirta Investama, Danone’s local subsidiary and Aqua’s producer, for clarification following concerns that the water might not come from mountain springs as advertised. ...
3 weeks agoThe government says last month’s liquidity injection into the financial market should not raise inflation concerns because the country’ economy is still below its potential output capacity. ...
3 weeks agoThe US dollar drifted up from a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut by the Federal Reserve later in the day.
3 weeks agoAfter the roadmap is published, ministries and agencies will be required to draft their own AI guidelines, as detailed enforcement will fall under sector-specific regulations.
3 weeks agoThe Finance Ministry seeks to fix software bugs and faulty infrastructure in its new online tax system in time for next year’s filing season to prevent a repeat of complaints and delays experienced earlier this year.
4 weeks agoAs of September, credit expanded by only 7.7 percent year-on-year, or only 4.3 percent year-to-date.
4 weeks agoAmman Mineral International said the disruption was caused by damage to the flash converting furnace, and sulfuric acid plant units.
4 weeks agoTaking place from Oct. 25 to 28, this year’s ASEAN Summit will be held in Malaysia and is set to be a critical moment in reshaping the Indo-Pacific’s role in the evolving global order.
4 weeks agoThe Manpower Ministry has expelled 94 foreign workers from the special economic zone (SEZ) in Sei Mangkei, North Sumatra, for failing to meet legal requirements.
4 weeks agoThe company plans to debut its all-electric "kei" car - a class of pint-sized, affordable vehicles smaller than a two-door Mini Cooper - at the Japan Mobility Show that opens to the public on Friday.
4 weeks agoAny loan will be funded by the central government's budget, must be approved by parliament and must have a tenure longer than 12 months.
4 weeks agoA new presidential regulation is slated to offer greater protection for ojol and introduce fare rules for on-demand transportation services, according to the state secretary, following wave of violent protests.
4 weeks agoThe Southeast Asian bloc ASEAN and China on Tuesday signed an upgrade to their free trade agreement, which is expected to include sections on digital, green economy and other new industries.
4 weeks agoJakarta’s tariff deal with Washington remains stuck amid a shutdown of the United States government, yet some of Indonesia’s regional peers managed to secure agreements last weekend.
4 weeks agoBank Indonesia (BI) plans to roll out additional macroprudential liquidity incentives (KLM) on Dec. 1 through new disbursement schemes to boost sluggish credit growth and expedite the pass-through of central bank rate cuts to commercial banking rates.
4 weeks agoThe five-year bond has a coupon of 2.5 percent, while the 10-year one offers 2.9 percent.
4 weeks agoThe new cooperation agreement expands flight frequencies, routes and destinations between the two countries and increases opportunities for codeshare arrangements, crew recruitment and maintenance partnerships.
4 weeks agoLula said at a briefing on the sidelines of the ASEAN summit in Malaysia that his discussions with Trump had gone welland that an agreement would be reached "faster than anyone thinks."
4 weeks agoMarkets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional 100 percent tariff on Chinese goods was "effectively off the table".
4 weeks agoAs President Prabowo Subianto declares Indonesia “self-sufficient” after just one year in office, farmer groups warn that shrinking farmland may soon undercut that achievement, urging the government to prioritize land protection and structural reform over costly expansion programs.
4 weeks agoUS President Donald Trump signed a flurry of deals on trade and critical minerals with three Southeast Asian partners on Sunday, as Washington looked to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.
4 weeks agoUnder the agreement, Chandra Asri will continue to operate the stations under the Esso brand and source branded fuels from ExxonMobil, while retaining all current employees involved in running the business.
4 weeks agoChina's top trade negotiator Li Chenggang and Chinese Vice Premier He Lifeng arrived on Sunday at a venue in Kuala Lumpur for a second day of trade talks between the United States and China.
4 weeks agoWhile China's economic goals for 2026-2030 further tilt toward tech innovation and industrial upgrades, policymakers promised more efforts to boost domestic consumption.
1 month agoIn a factory in southern Ivory Coast, where machines hum to produce chocolate bars and spreads, twin brothers dream of becoming "giants of cocoa processing".
1 month agoThe Indonesian Tourism Industry Association (GIPI) has criticized the recently passed tourism law for removing the group’s formal recognition as the representative body for businesses in the tourism sector.
1 month agoUnited States President Donald Trump's administration has sounded the alarm over potential turmoil at airports as the government shutdown threatens to drag into November, warning of ruined vacation plans for millions of Americans.
1 month agoA senior banking executive views lingering global economic challenges not as threats, but as opportunities for Indonesian investors to diversify their asset allocation, both internationally and domestically, amid the country’s expanding affluent population.
1 month agoBrazil is the world leader in the use of sugarcane-based ethanol as car fuel, with its national mandatory blend reaching as high as 30 percent.
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