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The Independent Housing Stimulus Assistance (BSPS), which helps homeowners renovate their houses, had reached only 32.5 percent of its 400,000-unit target for 2026 as of Sept. 17.
7 hours agoAssuming all existing Ultrajaya shareholders do not exercise their rights to buy some of the new shares, FrieslandCampina International Holding B.V will hold a 30.81 percent stake in the combined entity following the merger of Ultrajaya and Frisian Flag Indonesia.
10 hours agoThe government has fully settled its remaining debt related to the Bank Indonesia Liquidity Assistance (BLBI) program issued during the 1997-1998 financial crisis, using Rp 55 trillion in Bank Indonesia surplus funds.
11 hours agoPT Nations Petroleum, an oil and gas company under the Arsari Group, owned by Hashim Djojohadikusumo, the younger brother of President Prabowo Subianto, secured the Natuna D-Alpha working area through the direct offer mechanism.
12 hours agoThe meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."
19 hours agoThe House is currently discussing revisions to Law No. 17/2003 on state finance, which has long been used to anchor annual budgets by limiting the deficit to 3 percent of GDP and accumulated debt to 60 percent of GDP.
1 day agoUnited States Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet on Sunday to try to tee up potential agreements on AI, tariffs and critical minerals for a high-stakes Washington summit this week between US President Donald Trump and Chinese President Xi Jinping.
1 day agoState spending as of the end of August reached only 59.7 percent of this year's allocation as the new finance minister gears up to focus on fiscal continuity.
1 day agoThe meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."
19 hours agoChina has been cracking down on monopolistic behavior, most recently fining Trip.com 5.2 billion yuan (US$776.41 million) over what the regulator said was its online hotel-booking monopoly.
2 days agoDuring a standard testing evaluation, Gemini found public information online and guessed credentials to access three websites it thought were within the scope of its test.
2 days agoIndonesia's next digital leap, rather than helping democratize access, must lead toward democratizing capability: using AI to generate value.
6 days agoSeveral incidents in which AI models from developers including OpenAI accessed external systems during testing have highlighted the difficulty of containing unexpected behaviour in advanced agents, and prompted calls for tighter safety regulations.
1 week agoThe Chinese companies copied US AI labs’ intellectual property through a technique known as distillation, according to a statement from US law enforcement and intelligence officials.
1 week agoThe US wants to discuss cooperation on monitoring AI-directed cyberattacks, and has floated a proposal to ask US and Chinese AI labs to "police themselves" and share information to prevent AI-linked cyberattacks.
2 weeks agoUnited States Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet on Sunday to try to tee up potential agreements on AI, tariffs and critical minerals for a high-stakes Washington summit this week between US President Donald Trump and Chinese President Xi Jinping.
1 day agoThis pact seeks to make it easier for businesses and consumers to transact across Southeast Asia, covering areas such as e-commerce, digital payments, cross-border data flows and cyber security.
1 day agoSpeaking at a media briefing, Fernandes said AirAsia was adept at managing cash and expected to raise more than $1 billion, mostly to refinance existing debt, by December or January.
3 days agoDiscussions between the government and Malaysia Airlines and Batik Air have increased in recent weeks, the people said, amid growing concerns over financial pressures faced by AirAsia.
4 days agoAirAsia owes state-linked airport operator Malaysia Airports Holdings Berhad (MAHB) at least 500 million ringgit (US$123.6 million) for services including landing and parking fees.
5 days agoThe US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.
4 days agoStocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day.
5 days agoThe dollar inched up to trade near a two-week high on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will raise interest rates this week.
6 days agoAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said that they agree with Amodei.
1 week agoOil prices had been expected to rise on Monday amid growing concerns about risks to supply from Saudi Arabia, the world's largest oil exporter, whose East-West oil pipeline was shut on Friday by a drone strike that originated in Iraq.
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