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The Oyong wellhead platform stands in the Sampang Block, located off the coast of East Java in the Madura Strait, in this undated photo.
The Oyong wellhead platform stands in the Sampang Block, located off the coast of East Java in the Madura Strait, in this undated photo.`
Economy premium

Lower US tariffs clincher for $15.5b energy import deal, minister says

Indonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.

11 hours ago
Tech premium

Govt requires e-commerce to collect income tax from sellers

Online merchants are required to report their sales invoice information to the e-commerce platform, which will then forward it to the Tax Directorate General.  

13 hours ago
Companies

Nvidia says it will resume sales of 'H20' AI chips to China

The US government has assured Nvidia that licenses will be granted, the firm confirmed in a statement.

14 hours ago

The Latest

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Economy

China's Q2 GDP growth tops forecast even as US tariff risks mount

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

17 hours ago
Regulations

EU says could target $84 billion of US goods if tariff talks fail

The move came after US President Donald Trump threw months of painstaking negotiations with the EU into disarray by threatening to impose tariffs of 30 percent on the bloc's goods if there is no deal by August 1.

20 hours ago
Economy premium

US tariff pressure melts frozen RI-EU trade talks

Both sides looking for more reliable partners to offset ‘unpredictable’ US policy.

20 hours ago
Companies premium

Muhammadiyah channels funds into new rural sharia bank

The OJK hoped that the conversion of BSM could pave the way for the merger of other rural banks under Muhammadiyah, eventually forming a fully-fledged sharia bank.  

1 day ago
Regulations premium

Govt to increase 2026 microloan cap to Rp 430t to boost homeownership

In line with President Prabowo's "3 million homes" program, the MSMEs and housing ministries are preparing to devise a special microcredit scheme for housing next year with a cap of Rp 430 trillion.

1 day ago
tech

China speeds up renewables building spree: Report

China is accelerating its record-breaking renewable energy drive, installing 1.5 times more wind and solar this year than last -- three-quarters of global capacity under construction, a report said Wednesday.

6 days ago
tech

Bappenas, Aftech launch platform to push digital transformation

The Digital x Real Sector Launchpad has been implemented at dairy cow cooperative in Malang, East Java, providing various services to support digital transformation.

1 week ago
tech

Alibaba launches e-commerce subsidies of $7b in consumption boost

Beijing is battling to stave off deflationary pressure, which has threatened to dampen economic growth even as challenges elsewhere mount.

1 week ago
tech

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors

CBEX used a "brandjacking" tactic, claimed to be licensed in the US, and said that a firm called ST Technologies International was responsible for the AI trading signals.

2 weeks ago
tech

Trump says 'very wealthy' group to buy TikTok

"We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo. 

2 weeks ago
economy

China's Q2 GDP growth tops forecast even as US tariff risks mount

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

17 hours ago
economy

China exports soared in June, beating forecasts

Data from the General Administration of Customs said exports rose 5.8 percent year-on-year, topping the five percent forecast in a Bloomberg survey of economists. 

1 day ago
economy

Trump says Mexico, EU to face 30% tariff from Aug. 1

President Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically raising the stakes in already tense negotiations with two of the largest US trading partners.

3 days ago
companies

Nvidia says it will resume sales of 'H20' AI chips to China

The US government has assured Nvidia that licenses will be granted, the firm confirmed in a statement.

14 hours ago
companies

LG promotes smart, comfortable living with family-focused event on financial planning

As part of its commitment to promote smart living through better financial decisions, PT LG Electronics Indonesia (LG) recently held an event focused on parenting and financial planning for the modern household.

4 days ago
companies

Govt gives sizeable land to palm oil company Agrinas

The government on Wednesday handed over nearly 400,000 hectares of seized palm oil plantations to Agrinas Palma Nusantara, giving the new state company a sizeable land bank that could make it one of the world's biggest oil palm growers.

6 days ago
regulations

EU says could target $84 billion of US goods if tariff talks fail

The move came after US President Donald Trump threw months of painstaking negotiations with the EU into disarray by threatening to impose tariffs of 30 percent on the bloc's goods if there is no deal by August 1.

20 hours ago
regulations

South Korea says framework US trade deal possible by August, farm market access on table

South Korea is in a race to reach a compromise trade pact in the hope of avoiding a 25 percent tariff slapped on its exports by Trump that is set to kick in on August 1, after a late start to negotiations with a new president voted in last month.

1 day ago
regulations

EU ministers weigh response to latest Trump tariff threat

EU officials insist the bloc remains clear-eyed on the challenges of dealing with the unpredictable US leader, and ready to hit back.

1 day ago
regulations

US customs duties top $100 billion for first time in a fiscal year

US customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.

3 days ago
regulations

Trump floats 15 to 20% blanket tariff on trading partners

Trump this week began issuing letters to many US trading partners as he ramps up pressure for more favorable trade deals.

4 days ago
markets

Euro zone bond yields touch April high after EU gets 30% tariff

For its part, the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on US goods if the two countries fail to reach a trade deal, Italian Foreign Minister Antonio Tajani said on Monday.

1 day ago
markets

Wall St slips with Asia stocks as US trade policy confounds

Investors have become largely inured to Trump's chaotic policy methods and stocks eased only modestly.

1 day ago
markets

Stock futures dip after Trump slaps tariffs on Canada; dollar gains

US and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining an early rally in regional share markets.

4 days ago
markets

Stocks mostly rise on trade deal optimism

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump's tariffs even after he broadened his range of measures.

5 days ago
markets

US to impose 50 percent tariff on copper imports

US Comex copper futures jumped more than 12 percent to a record high after President Donald Trump announced the planned tariffs.

6 days ago
markets

Stocks slip amid US tariff confusion, oil skids

With very few actual trade deals done, analysts had suspected Donald Trump's tariff deadline would be pushed out, though it was still not clear if the new date applied to all trading partners or just some.

1 week ago
markets

OPEC+ to hike petrol output to 548,000 bpd in August

The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above US$80 a barrel.

1 week ago

Today's ePost

Wed, July 16, 2025

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