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A 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 hour 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.
2 hours agoA submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.
3 hours 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.
4 hours 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.
5 hours 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.
8 hours agoThe merger was exercised amid the increased needs for brands on a more integrated marketing solution.
8 hours ago'Oversold' markets expect concrete improvement in policies, not rhetoric.
18 hours ago17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.
1 day agoJadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.
5 days agoArtificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.
6 days agoWebsite publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.
1 week agoThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.
1 week agoChina's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.
1 week agoIndonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.
2 days agoThe investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.
5 hours agoThe merger was exercised amid the increased needs for brands on a more integrated marketing solution.
8 hours agoThe company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.
1 day 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.
1 day agoForeign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.
4 days 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.
2 hours 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.
4 hours agoSeoul's Kospi stock index dived more than 8 percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fueled bets on a Federal Reserve interest rate hike.
2 days agoChina and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.
3 days agoThe dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
3 days agoBank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks.
4 days agoThe Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.
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