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The world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.
31 seconds ago17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.
48 minutes agoIndonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.
1 hour agoIn February, the Jakarta Customs and Excise Directorate General shut down three Tiffany & Co outlets across Jakarta shopping malls, including Plaza Senayan, Plaza Indonesia and Pacific Place, over allegations of illegal imports.
2 hours agoBank Indonesia (BI) has increased the benchmark interest rate outside the monthly schedule to shore up the rupiah after the currency has seen months of depreciation amid a strong United States dollar.
3 hours agoGovernment estimates the final tariff burden on Indonesian goods exported to the US could reach about 18 percent, including a 10 percent tariff tied to forced-labor concerns.
3 hours agoA battering from the global energy shock and a number of unorthodox decisions - from centralizing commodity exports under a sprawling sovereign fund that reports directly to Prabowo, to new jobs and growth mandates for the central bank - have rocked investor confidence.
7 hours agoThe government says changes to the final income tax regime are aimed at preventing abuse by larger firms, but business advocates warn the new rules could create fresh challenges for genuine small enterprises.
9 hours ago17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.
48 minutes agoJadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.
3 days agoArtificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.
4 days agoWebsite publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.
6 days agoThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.
6 days agoChina's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.
1 week agoIndonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.
1 hour agoA battering from the global energy shock and a number of unorthodox decisions - from centralizing commodity exports under a sprawling sovereign fund that reports directly to Prabowo, to new jobs and growth mandates for the central bank - have rocked investor confidence.
7 hours agoThe world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.
31 seconds agoForeign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.
2 days agoThe Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.
2 days agoGlobal airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.
2 days agoTsingshan Group is considering a major development in Madagascar, the country's mines ministry said, while Lygend Resources, opens new tab is looking at a project in Tanzania as well as restarting the Koniambo operation in New Caledonia, according to industry sources.
4 days agoAs the rupiah plummeted to a historic low against the dollar, the House gave the green light for a legislative amendment that has raised alarm bells over central bank independence.
5 days agoSeoul's Kospi stock index dived more than 8 percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fueled bets on a Federal Reserve interest rate hike.
1 day agoChina and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.
1 day agoThe dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
1 day agoBank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks.
2 days agoThe Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.
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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