Indonesian businesses have expressed concern over a new regulation on export receipts (DHE) that they say disrupts their cash flow and ultimately jeopardizes their global competitiveness.
1 hour agoThe motorcycle industry expects 2025 will be challenging, partly due to multiple additional taxes for new purchases levied by regional governments.
14 hours agoThe IDX Composite index plunged 1.02 percent on Monday amid global concern over the United States Federal Reserve’s rate cuts and continued foreign capital outflows.
14 hours agoThe firm plans to channel the funds into the construction of the Nusantara International Convention and Exhibition (NICE) center, which is scheduled to open its doors in September this year.
16 hours agoAccording to the 2025 state budget, the government has set a Rp 3.08 trillion (US$190.3 million) revenue target from the excise on sweetened beverages, much lower than the Rp 4.3 trillion stipulated in the 2024 state budget.
18 hours agoChina's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.
22 hours agoIt is not clear what changes the government would introduce, but some businesses are in favor of reviving the import restrictions introduced in past regulations.
1 day agoA third expansion of Patimban Port in West Java is to receive the lion’s share of the funding.
2 days agoChina and Hong Kong combined accounted for 61.6 percent of Korean semiconductor exports in 2020, but by the end of 2024, that figure had dropped to 51.7 percent, according to data from the Korea International Trade Association.
5 days agoThe Google funds were transferred to the Canadian Journalism Collective, a non-profit set up to distribute the money, a spokesperson for the tech giant confirmed.
1 week agoConversational artificial intelligence (AI) tools may soon "covertly influence" users' decision making in a new commercial frontier called the "intention economy", University of Cambridge researchers warned in a paper published Monday.
2 weeks agoIn a blog post, the company said it plans to restructure as a PBC, which "requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decision making."
2 weeks agoChina's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.
22 hours agoThey are targeting 50 projects at the economic zone within the first five years of its inception, and the creation of 20,000 skilled jobs.
6 days agoUnilever, like other big consumer goods companies, has been under fire in many Muslim-majority countries for what some shoppers see as tacit support of Israel's military offensive in Gaza through business activity.
4 days agoNippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese firm would slash jobs -- despite assurances to the contrary.
5 days agoNippon and US Steel blasted Biden's decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" to protect their legal rights.
1 week agoThe fees for some digital services, primarily premium subscriptions, have been subject to a 12% VAT since Wednesday, when the new rate went into effect.
1 week agoHowever, a WTO panel found certain deficiencies in how the challenged measures had been prepared, published and administered.
2 days agoThe IDX Composite index plunged 1.02 percent on Monday amid global concern over the United States Federal Reserve’s rate cuts and continued foreign capital outflows.
14 hours agoThe IDX Composite rose 0.34 percent on Friday due to significant foreign inflows as market sentiment improved despite global uncertainties.
3 days agoThe IDX Composite closed slightly higher on Tuesday, up by 0.04 percent. It iswassupported by positive foreign investor sentiment despite mixed sector performances.
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