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View all search results"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.
5 hours agoThe takeover plan aims to place the state-owned microfinance firm under the Finance Ministry for channeling the government's KUR microcredit facility.
6 hours agoIndonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.
9 hours agoThe government said that ratifying the ART agreement was not on its near-term agenda and that it would contest allegations of unfair trade practices later raised by the US in its Section 301 probe.
22 hours agoThe placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.
1 day agoThe Indonesian National Air Carriers Association (INACA) stated that airlines in other regions have already adjusted fuel surcharges, with increases ranging from 5 percent to 70 percent.
1 day agoThe finance minister says the BGN, which manages the free meals program, has come up with a proposal to save over $2 billion by cutting just one day from the weekly distribution schedule.
1 day agoThe suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.
1 day agoIndonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.
2 days agoOpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.
5 days agoIf Meta settles on the 20 percent figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency."
1 week agoJury deliberations are set to begin Friday in a landmark social media addiction trial accusing Meta and YouTube of intentionally trying to hook young internet users.
2 weeks agoThe suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.
1 day agoThe Philippines is also keeping the option of increasing its coal imports from top supplier Indonesia in an effort to reduce electricity rate hikes.
2 days agoEvidence shows that Indigenous, community-based mitigation systems are effective in saving lives during disasters. Therefore, legal recognition of Indigenous communities and customary forests is an urgent priority, alongside efforts to strengthen local knowledge systems and ensure their sustainability.
3 days agoSpending during Ramadan this year marked an overall shift in composition as consumers moved away from leisure toward necessities, giving policymakers clues as to how best to realign seasonal measures.
3 days ago"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.
5 hours agoFor international students and graduates finding employment in other countries, it is common to be met with hurdles that are accumulated based on unwritten rules and cultural differences of each country, which may tip the scales toward native workers.
1 day agoPreviously, Indonesia announced plans to cut output quotas for several minerals this year to help support prices, including reducing the coal production quota from 790 million tons last year to 600 million metric tons.
1 day agoIndonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.
9 hours agoFears of an inflationary aftershock from soaring energy prices have pushed traders to price out any chance of a Federal Reserve rate cut this year, lifting the dollar.
1 day agoThe inaugural event, to be held on May 12 at The Langham, Jakarta, is arranged to reflect Indonesia’s unique tourism realities while addressing the evolving demands of travelers, brands and capital.
2 days agoStock markets in Tokyo and Seoul spiked by more than three percent at one point, while those in Hong Kong, Sydney, Shanghai, Singapore, Wellington and Taipei also rallied.
2 days agoMarkets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing productive talks with unidentified Iranian officials, which Tehran has denied.
3 days agoThe International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.
4 days agoShare your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
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