Indonesia Business, Economy, and Investment News
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Economy
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Prabowo set to open CEPA talks with Xi during APEC summit
President Prabowo Subianto plans to start preliminary talks with his Chinese counterpart Xi Jinping on a Comprehensive Economic Partnership Agreement (CEPA) between the two countries on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.
1 hour ago
Regulations
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IDX tightens screening, flags 383 stocks for concentrated ownership
The Indonesia Stock Exchange (IDX) has tightened its screening mechanism to identify stocks with high shareholding concentration (HSC) in its latest push to improve market transparency, raising the number of stocks classified under the category to 383.
3 hours ago
Companies
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PGN to upgrade pipeline network for renewable gas push
PT Perusahaan Gas Negara (PGN) is preparing its 34,267-kilometer infrastructure network to support biomethane transmission for its renewable gas business.
5 hours agoThe Latest
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Markets
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Cement sales pick up, but what lies ahead?
Government projects, including facilities for the free nutritious meal program and Red and White Cooperatives, have driven demand for bulk cement, while sales of bagged cement, commonly used for homebuilding and renovations, have slowed.
7 hours ago
Tech
WIDTH, NawaData partner to support compliance and risk management
WIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.
8 hours ago
Markets
Bonds reel as hot inflation fuels jumbo Fed hike fears
Global bonds tumbled and the dollar stayed firm after a hot United States inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.
9 hours ago
Regulations
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Forest fires cloud Indonesia’s bid for conservation funding at COP31
Around 202,000 hectares of land and forest had burned by July, according to data from the Forestry Ministry.
22 hours ago
Companies
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AKR buys out BP’s retail business in Indonesia
AKR Corporindo has agreed to acquire the British energy giant's 49.9 percent stake in their fuel retail joint venture for $14.22 million.
1 day agoPopular
- Ten years lost in two
- BREAKING: VP Gibran intends to resign, says state secretary
- Three-finger salute raised high, broad and multifaceted in Indonesia
- 'Rhizomatic' movements help youth voice political messages
- Ministers leave Jokowi-affiliated party as House sets to decide on Gibran
- Analysis: Indonesia, Singapore’s ties hit another diplomatic rough patch
- KAI plans $120 million railway network in Bali
- MAGA’s midterm defeat won’t change the course of history
- Gibran offers to resign
- What's behind the schism between President Prabowo and his predecessor Jokowi
tech
WIDTH, NawaData partner to support compliance and risk management
WIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.
8 hours ago
tech
France claims Iran behind 'unprecedented' cyberattacks on fridges
France on Monday said Iran's Revolutionary Guards were behind cyberattacks on supermarket fridges in the country last month, vowing sanctions on a European level against Tehran over the first such large-scale cyber-sabotage on French territory.
1 day ago
tech
Google unveils $15b data center investment in Malaysia
Malaysia accounts for more than half of under-construction data center capacity among Southeast Asian countries, including Indonesia, Thailand, the Philippines and Vietnam.
1 week ago
tech
Crypto exchanges call for quick moves to bolster defenses after Binance heist
The industry will need to move urgently, analysts and industry executives said, as United States President Donald Trump's regulators promote deeper integration of digital assets into the financial system, raising the stakes for an industry with a history of big hacks.
1 week ago
tech
Crypto platform Binance confirms major hack, more than $2.5b frozen
Some said it could be the biggest-ever cyberattack of its kind, with a haul exceeding the $1.5 billion stolen in February 2025 from the Bybit platform.
1 week ago
economy
China's trade surplus soars past $1 trillion as AI boom powers exports
China's trade surplus surged past US$1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, even as imports to the world's second-largest economy grow at a faster pace that its exports
1 day ago
companies
Nvidia probes whether CEO Huang was target of foreign spying as he admits affair
Nvidia said on Sunday its board was probing whether CEO Jensen Huang had been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.
2 days ago
companies
Airlines bet that more premium offerings will boost profits
Airlines are installing deluxe seats, enlisting Michelin-star chefs for luxury menu offerings and designing elite airport lounges as the industry bets its future on growing demand for premium travel.
3 days ago
markets
Bonds reel as hot inflation fuels jumbo Fed hike fears
Global bonds tumbled and the dollar stayed firm after a hot United States inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.
9 hours ago
markets
Tech stocks stage partial rebound while dollar gains after US jobs data
Tech shares rose Friday, recovering a fraction of losses from the prior session's rout as the dollar rallied after better than expected US jobs data.
4 days ago
markets
Stocks tumble as AI panic sweeps markets, bonds draw haven demand
A steep rout in technology stocks on Friday rippled through markets on fears that the Democrats' victory in the United States midterm elections would increase regulatory scrutiny of AI and slow the data centre build-out, sending investors to the safety of bonds.
5 days ago
markets
Investors wipe $2.5 trillion off Nasdaq as Democrats win prompts AI fears
The Nasdaq Composite fell 5.5 percent on investor fears that the Democratic Party's sweeping midterm victory could stall AI infrastructure expansion and force a reckoning for smaller firms whose capacity to raise funds has already been limited by higher interest rates and tighter financial conditions.
5 days ago
markets
Asia stocks crumble after AI rout rocks US markets
Asia's tech-heavy markets sank on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest fall in US stocks since the tariff-triggered "Liberation Day" rout a year and a half ago.
5 days ago
