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View all search resultsIt is the firm’s third consecutive quarter of declining profitability, as the company faces intensifying electric vehicle competition and contends with backlash over Elon Musk’s political activities.
3 weeks agoIndonesia also agreed to remove local content requirements for US firms, recognize US standards for vehicle and medical products, drop onerous licensing on US farm goods while recognizing US regulatory oversight and lift labeling and pre-shipment inspection mandates. ...
3 weeks agoWithout mandatory government blending program and subsidy mechanisms, the biodiesel market would not be commercially viable, experts say. ...
3 weeks agoOnce fuel subsidy changes are implemented, Malaysians will see prices at the pump drop to 1.99 ringgit per liter, compared to the current price of 2.05 ringgit. Foreign nationals however will have to pay unsubsidized market prices for the fuel.
3 weeks agoThe latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.
3 weeks agoIndonesia will remove recently enacted pre-shipment inspections and verifications of US exports that have posed problems for US agricultural exports.
3 weeks agoThe United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a US$550 billion package of US-bound investment and loans from Tokyo.
3 weeks agoWhile revenue has weakened, investment in the upstream sector posted strong growth.
3 weeks agoIndonesia, despite being ASEAN's largest economy, faces a complex web of obstacles hindering its financial deepening and leaving its capital markets shallow when compared to those of regional peers.
3 weeks agoIndustry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.
3 weeks agoPublicly listed conglomerate PT Astra International (ASII), through its subsidiary PT Saka Industrial Arjaya (SIA), is set to acquire an 83.67-percent stake of warehouse company PT Mega Manunggal Property (MMLP).
3 weeks agoThe United States has long called for better market access for its farm products from beef to apples and potatoes. US President Donald Trump in April slammed steep tariffs on rice in South Korea and Japan.
3 weeks agoApple and General Electric were also mentioned in the presentation as US firms that will benefit from relaxed local content requirements.
3 weeks agoFinance Minister Sri Mulyani Indrawati revealed that the Australian-dollar-denominated Indonesian government obligations are to be launched in August, but Australian investors appear to be wary.
3 weeks agoExperts highlighted a disconnect between the government’s push for cooperatives and the public’s understanding on the ground.
3 weeks agoPT IMR ARC Steel is widely regarded as a company that deeply understands Indonesia’s investment climate and respects the government’s downstreaming policy. That is why the flagship subsidiary of global resource giant IMR Group is cited as both a pioneer and a modern symbol of the bilateral relationship between India and Indonesia.
3 weeks agoThe 2.3-billion-euro ($2.7-billion) net loss in the first half of the year came as sales in North America continued to slump, down 25 percent by volume in the second quarter year-on-year.
3 weeks agoCocoa prices have surged significantly because of disease outbreaks in key producing regions in Latin America and Africa.
3 weeks agoGarda Indonesia, along with merchants and customers, held a protest on Monday in Jakarta against a planned 15 percent fare hike as well as government inaction in responding to drivers' demands following the previous rally in May.
3 weeks agoThe Italy-based multinational energy company has committed to investing US$10 billion in East Kalimantan's offshore gas sector, said Energy and Mineral Resources Minister Bahlil Lahadalia.
4 weeks agoIndo Premier Sekuritas launched on Thurday IPOT, which it claims to be the first wealth creation platform in the country.
4 weeks agoJapan's ruling coalition lost control of the upper house in Sunday’s election, further weakening Prime Minister Shigeru Ishiba’s grip on power.
4 weeks agoEstimates for the burden-sharing arrangement would depend on how much of the price increase US consumers could absorb, something that “will take time” to determine.
4 weeks agoIndonesia’s government has long sought after new airlines in a bid to improve competition and lower airfares in an industry that has been dominated by Garuda Indonesia and Lion Air.
4 weeks agoCritics have warned that Southeast Asia’s largest economy’s push to adopt B50 by 2026 may carry significant environmental and economic risks, such as deforestation, land-use conflicts and biodiversity loss.
4 weeks agoThe first round of financing, around US$500 million, will likely come from bank loans in early 2026.
4 weeks agoIn their first communique since last October, a month before US President Donald Trump's election victory paved the way for his subsequent tariff war, the ministers and central bankers highlighted the uncertainty in the global economy caused by conflict, trade tensions and frequent extreme weather events.
4 weeks agoIndustry players have stated that people are moving away from traditional gyms in search of professional coaching, structured programming and a sense of community.
4 weeks agoIndonesia has asked the United States to exempt its exports of cocoa, rubber, crude palm oil, coffee and nickel from the levy.
4 weeks agoThe deal includes the procurement of up to 2.2 gigawatt-hours (GWh) of CATL’s battery energy storage system (BESS) for the solar power and storage project in Riau Islands.
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