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The legal restructuring process for Kawasan Industri Indonesia is expected to be completed this year, which will allow the firm to begin its full operations in 2027.
31 minutes agoOil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.
2 hours agoThe dollar held firm near a one-week high on Thursday on a Reuters report that the United States had carried out new strikes in Iran targeting a military site, while the yen softened towards a level that triggered central bank intervention last month.
3 hours agoListed companies are preparing to purchase their own shares on the Indonesia Stock Exchange amid a bearish market, which analysts see as a potential catalyst to ease pressure on Indonesian equities.
6 hours agoOil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to reopen the Strait of Hormuz to Gulf crude shipments.
13 hours agoHong Kong has overtaken Switzerland as the top global booking center for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.
22 hours agoThe government is allocating funds for transportation discounts during the school vacation period and the Christmas and New Year (Nataru) season, in a bid to stimulate domestic mobility and consumption.
1 day agoThe government’s work-from-home policy introduced to minimize subsidized fuel usage amid skyrocketing oil prices has substantially reduced nationwide consumption.
1 day agoWith people increasingly adopting Artificial intelligence to help plan their vacations, hotels are working to make sure that you check them out – and check in.
3 days agoSpeculation swirled Friday over the last-minute collapse of President Donald Trump's planned executive order on powerful AI models, with fingers pointing at the president's allies in Silicon Valley who oppose government oversight of the technology.
4 days agoUS President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of new AI models, such as Anthropic's Mythos.
1 week agoNusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification
1 week agoBeyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.
1 week agoWall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.
1 week agoHong Kong has overtaken Switzerland as the top global booking center for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.
22 hours agoSingapore's economy grew 6 percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday.
2 days agoEuropean Union countries will face large bills for defense, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers on Saturday, suggesting a mix of reforms, consolidation and joint borrowing as a way to manage that.
4 days agoThe EU executive team including Sejourne will hold a special debate next Friday on how the 27-nation bloc should approach China to level the playing field.
5 days agoSamsung Electronics' labor union is expected to announce Wednesday whether chip workers voted to ratify a wage deal that would deliver massive AI-linked bonuses and helped avert a major strike.
1 day agoAccording to Bloomberg, notifications went out beginning in the early morning hours, with Singapore-based workers among the first to be informed.
5 days agoSamsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of around US$416,000 for some workers gave rise to some concern.
1 week agoFitch Ratings, among two rating agencies that cut Indonesia's credit rating outlook this year, has cited potential changes to the fiscal and debt limits in state finance laws as factors in their outlook revisions.
2 days agoOil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.
2 hours agoThe dollar held firm near a one-week high on Thursday on a Reuters report that the United States had carried out new strikes in Iran targeting a military site, while the yen softened towards a level that triggered central bank intervention last month.
3 hours agoOil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to reopen the Strait of Hormuz to Gulf crude shipments.
13 hours agoEuropean stock indexes gave up some recent gains on Tuesday and oil prices rose after new US strikes in southern Iran dampened investors' hopes that a US-Iran peace deal could be imminent.
1 day agoOil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent US–Iran peace deal was tempered by new US strikes in the Middle East.
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