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The House of Representatives has confirmed Destry Damayanti for the Bank Indonesia (BI) governor position for a full five-year term.
9 hours agoIndonesia’s shipbuilding industry is facing mounting pressure from a lack of domestic orders for ship construction that has persisted since the coronavirus pandemic.
12 hours agoIn July, Pos Indonesia also missed a payment of Rp 24.12 billion on the sixth periodic return of its Sustainable Ijarah Sukuk I Phase I 2024.
13 hours agoThe alert comes amid concerns over the country's upstream production performance, with average oil production from January to July 2026 standing at 578,156 barrels per day, only 95 percent of the 610,000 bpd target set in the state budget.
15 hours agoNvidia has forecast a 70 percent jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how quickly it can expand.
17 hours agoExperts argued that SOE banks still need to assess the commercial viability of the cooperatives and not just rely on the government backstop.
21 hours agoMore than 14,000 runners from 46 countries convened in Gianyar, Bali, for Indonesia’s first World Athletics Elite Label Road Race.
1 day agoIn a vetting process at the House of Representatives, Bank Indonesia (BI) governor nominee Destry Damayanti signaled continuity in monetary policy but emphasized a commitment to pushing economic growth should she be approved for the top job at the central bank.
1 day agoEight banks joined the initial rollout of KKI, while payments are made through QRIS, either by scanning a code or using QRIS Tap.
2 days agoThe White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.
6 days agoAgentic trading is a technology for investing through an artificial intelligence assistant that can analyze, research and execute buy/sell actions in an active account, where every transaction requires final user confirmation.
2 weeks agoAI coding agents allow finance teams to build solutions without needing an engineering background, as they only need to define the logic and desired outputs, while the AI writes the code, tests it and connects it to relevant data sources.
3 weeks agoGeorgieva said that there was a "tug of war" between the negative Gulf energy supply shock and growth tailwinds from the artificial intelligence investment boom that was starting to spread beyond US borders.
1 day agoNvidia has forecast a 70 percent jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how quickly it can expand.
17 hours agoMore than 14,000 runners from 46 countries convened in Gianyar, Bali, for Indonesia’s first World Athletics Elite Label Road Race.
1 day agoThe results exposed a squeeze at the heart of the low-cost model: Fuel makes up a larger share of expenses than at full-service airlines, but price-sensitive passengers leave carriers less scope to lift fares without weakening demand.
3 days agoBeijing has this year increased oversight of the electric vehicle (EV) industry and introduced tougher safety requirements, as automakers, locked in a fierce price war, roll out technologies in the world's largest vehicle market.
5 days agoFor Randy Lianggara, president of emerging markets Asia at Sun Life, Asia’s future will be shaped not only by economic growth and technology, but by the resilience, adaptability, empathy and human potential of its people
6 days agoAsian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data.
1 day agoThe US re-imposed its blockade of Iran's shipping and ports on July 13 as a deal to halt the war between them broke down in an attempt to cut off oil sales, Tehran's primary source of hard currency.
6 days agoThe lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.
6 days agoBond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.
1 week agoIran called on the United States to accept defeat while President Donald Trump blasted Tehran as "very evil" and told Americans to brace for continued high fuel prices as a result of the war.
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