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View all search resultsThe government will not hike fuel prices heading into the new month despite growing pressure on the state budget because of a rapid rise in global oil prices as nations scramble for crude oil amid the United States-Israeli war on Iran.
2 hours agoEuro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.
4 hours agoThe business agreement covers the energy sector with Japan’s INPEX, as well as technology, finance, fertilizer and tourism.
5 hours agoThe 100 GW solar target, which the government plans to deploy through the nationwide Red and White Cooperatives (KMP) program, would require massive investment in photovoltaic farms, storage systems and transmission infrastructure.
7 hours agoWhile Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience.
9 hours agoThe dollar headed for its biggest monthly gain since July on Tuesday and stands out as the strongest so-called safe asset as war in the Middle East has set oil prices surging, nearly everything else sinking and raised the risk of global recession.
11 hours agoIndonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.
14 hours agoShifting from fuels to electricity for powering households and transportation is a logical response to Indonesia’s dependence on energy imports amid the Mideast crisis, but experts say the success of electrification hinges on sustained policy support.
1 day agoIndonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.
14 hours agoIndonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.
6 days agoOpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.
1 week agoEuro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.
4 hours agoWhile Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience.
9 hours agoCountries are working to close the gap between the US and India to extend a global agreement not to impose tariffs on electronic transmissions such as digital downloads and streaming, diplomats said on Saturday.
2 days agoThe ambassador facilitating talks on reforming the World Trade Organization has voiced cautious optimism on progress at a high-level meeting in the Cameroonian capital, where reforming the beleaguered global trade body is at the heart of a four-day ministerial conference.
3 days ago"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.
4 days agoFor international students and graduates finding employment in other countries, it is common to be met with hurdles that are accumulated based on unwritten rules and cultural differences of each country, which may tip the scales toward native workers.
5 days agoWorld Trade Organization talks ended deadlocked on Monday as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on customs duties for electronic transmissions like digital downloads, diplomats said.
1 day agoThe dollar headed for its biggest monthly gain since July on Tuesday and stands out as the strongest so-called safe asset as war in the Middle East has set oil prices surging, nearly everything else sinking and raised the risk of global recession.
11 hours agoJapan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate, as policymakers grow increasingly concerned about inflationary pressures from the Middle East war.
1 day agoIndonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.
4 days agoFears of an inflationary aftershock from soaring energy prices have pushed traders to price out any chance of a Federal Reserve rate cut this year, lifting the dollar.
5 days agoThe inaugural event, to be held on May 12 at The Langham, Jakarta, is arranged to reflect Indonesia’s unique tourism realities while addressing the evolving demands of travelers, brands and capital.
6 days agoStock markets in Tokyo and Seoul spiked by more than three percent at one point, while those in Hong Kong, Sydney, Shanghai, Singapore, Wellington and Taipei also rallied.
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