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Companies
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Ground broken on long-delayed Masela project
The Abadi Masela project, a long-delayed liquefied natural gas (LNG) megaproject, finally broke ground on Thursday, marking a critical milestone for a development that promises to reshape Indonesia’s energy landscape.
1 hour ago
Regulations
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Indonesia opts against visa fee hike to spur tourism
The decision comes as several major tourist destinations have raised visa fees this year, including Japan, which introduced its first visa fee increase in nearly 50 years.
8 hours ago
Companies
DeepSeek reportedly to raise fresh capital at $74 billion valuation ahead of IPO
Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74 billion) ahead of a potential mainland initial public offering, two people with knowledge of the matter said.
11 hours agoThe Latest
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Companies
Boeing sees 'new generation' planes dominating in 2045
Plane manufacturers must build nearly 44,000 new planes over the next two decades to meet new growth and replace older planes, according to Boeing's new annual forecast.
1 day ago
Regulations
premium
Are Grab, Gojek drivers entrepreneurs? The govt thinks they should be
The government's proposal to reclassify ride-hailing drivers as microbusiness owners has drawn mixed reactions, with labor unions pushing for employee status, some drivers preferring to remain partners with stronger legal protections and platform operators backing the government’s initiative.
1 day ago
Economy
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Indonesia to store imported 'Russian' crude as national reserves
The government has imported around 770,000 barrels of Russian crude oil, according to a Bloomberg report, though the energy ministry says further verification is necessary to determine the composition and source of the fuel that makes up the so-called Indonesia blend.
2 days ago
Regulations
premium
Red and White Cooperatives to absorb harvests during price slumps
Since the program’s launch in July last year, President Prabowo Subianto’s administration has added multiple tasks and broadened the cooperatives’ scope of work from grocery stores to managing community oil wells.
2 days ago
Tech
China's Xi says AI should not be dominated by one country
Artificial intelligence should not be dominated by a single country, China's President Xi Jinping said Friday, urging international cooperation on its development at a major conference in Shanghai.
2 days agoPopular
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- When prosecutors become prosecuted
- Why EV makers choose Vietnam, not nickel-rich Indonesia
- No short-cut for 100 GW renewable ambition
- Eyes on AGO after takeover of probe into ex-top prosecutor
- Pos Indonesia’s default tests Danantara rescue strategy
- Let's face it, Myanmar is not ASEAN's problem anymore
- Rempang dispute escalates after BP Batam claims land for Sekolah Rakyat
- Indonesia opts against visa fee hike to spur tourism
- Boeing sees 'new generation' planes dominating in 2045
tech
China's Xi says AI should not be dominated by one country
Artificial intelligence should not be dominated by a single country, China's President Xi Jinping said Friday, urging international cooperation on its development at a major conference in Shanghai.
2 days ago
tech
Meta scraps AI image feature days after launch following privacy backlash
Launched on Tuesday and integrated into the Meta AI chatbot, Muse Image can use photos as input and allows users to edit AI-generated images directly through sketches.
1 week ago
tech
OpenAI reportedly proposes handing US government 5 percent stake
OpenAI has discussed giving the US government a 5 percent stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.
2 weeks ago
economy
US inflation cools in June before renewed Mideast fighting
US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showed Tuesday, but renewed hostilities could stoke price pressures.
4 days ago
companies
DeepSeek reportedly to raise fresh capital at $74 billion valuation ahead of IPO
Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74 billion) ahead of a potential mainland initial public offering, two people with knowledge of the matter said.
11 hours ago
companies
Boeing sees 'new generation' planes dominating in 2045
Plane manufacturers must build nearly 44,000 new planes over the next two decades to meet new growth and replace older planes, according to Boeing's new annual forecast.
1 day ago
premium
markets
Asian stocks mostly sink as AI worries hammer tech
Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose further as the US and Iran continued to trade strikes.
3 days ago
markets
Asian stocks drop as oil rises after Trump's Hormuz levy threat
Stocks fell and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the US was reinstating its blockade of Iranian shipping in the Gulf and would collect a 20 percent fee on cargo traversing the Strait of Hormuz.
5 days ago
markets
Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
Oil prices jumped more than four percent Monday after another flare-up between the United States and Iran that threatened their already fragile truce, while Seoul led losses in most Asian stock markets as tech firms suffered another selloff.
6 days ago
markets
Asian stocks surge as investors focus more on AI than Middle East attacks
Asian stocks rose sharply on Friday, led by chip and AI firms as investors brushed off concern over the stalled recovery of energy supplies through the critical Strait of Hormuz, with tit-for-tat attacks escalating between the United States and Iran.
1 week ago
markets
Asian shares climb on chip rally, oil up as Gulf hostilities resume
Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.
1 week ago
