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View all search resultsThe outlook for Indonesia's credit rating has dimmed further as Fitch Ratings revised its view to “negative” from “stable”, adding to warnings over policy uncertainty following a similar downgrade from Moody’s.
11 minutes agoThe Communications and Digital Ministry has issued a stern warning to the owner of Facebook and Instagram after finding the company’s compliance with Indonesian content moderation rules to be low when compared to other major digital platforms operating in the country.
2 hours agoShips operated by state-owned energy firm Pertamina with a combined capacity of about 450,000 deadweight tonnes are stuck in ports as the US-Israeli war against Iran disrupts navigation in the Strait of Hormuz.
5 hours ago"The escalating crisis in the Middle East is significantly worsening the global economic and security environment," President Lee Jae Myung said.
7 hours agoAsia sources 60 percent of its oil from the Middle East, leaving the region vulnerable to the disruptions. Refiners in Indonesia and Japan are sourcing more oil from the US to replace the shortfall. India will consider buying more from Russia, sources at two companies have said.
8 hours agoWorkers' associations have urged action to address the issue of “disguised employment” faced by some gig workers in Indonesia, while a government official says a dedicated bill to regulate the growing gig economy is underway.
9 hours agoAsian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended conflict helped oil extend gains, while analysts warned of more volatility ahead.
10 hours agoChina set its economic growth target for 2026 at 4.5%-5%, a slight downgrade from the 5% pace achieved last year, which leaves room for greater, albeit not decisive, efforts to curb industrial overcapacity and rebalance the economy.
12 hours agoTrump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.
5 days agoNew data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.
1 week agoTech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.
2 weeks agoAs artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.
2 weeks agoChina's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
2 weeks ago"The escalating crisis in the Middle East is significantly worsening the global economic and security environment," President Lee Jae Myung said.
7 hours agoAsia sources 60 percent of its oil from the Middle East, leaving the region vulnerable to the disruptions. Refiners in Indonesia and Japan are sourcing more oil from the US to replace the shortfall. India will consider buying more from Russia, sources at two companies have said.
8 hours agoChina set its economic growth target for 2026 at 4.5%-5%, a slight downgrade from the 5% pace achieved last year, which leaves room for greater, albeit not decisive, efforts to curb industrial overcapacity and rebalance the economy.
12 hours agoPurbaya said expenditure on Indonesia's free meals program could be scaled back, saving the country about Rp 100 trillion ($6 billion).
1 day agoUnlike in 2025, saving conditions entering Ramadan this year are weaker across income segments, limiting the spending before the disbursement of holiday bonuses.
2 days agoPT Daya Intiguna Yasa (MR.D.I.Y. Indonesia), Indonesia's largest home goods retailer, has officially opened its second flagship store at Summarecon Mall Bekasi 2 in Bekasi, West Java.
2 days agoAsian airline shares remained under pressure on Tuesday as the US and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.
2 days ago"Garuda Indonesia continues to actively coordinate with aviation authorities and relevant stakeholders to monitor the evolving situation," the company said in a statement Sunday.
4 days agoThe approval was made "on the condition that strict security requirements are met," the Ministry of Land, Infrastructure and Transport said in a statement.
6 days agoAsian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended conflict helped oil extend gains, while analysts warned of more volatility ahead.
10 hours agoAsian stocks tanked on Wednesday, with a record-breaking market crash in Seoul, as investors dumped crowded bets on chipmakers on worries a widening Middle East war will drive an oil shock that raises inflation and delays interest rate cuts.
1 day agoMultiple Indonesian local media reported on Wednesday that Fitch Ratings has downgraded Indonesia's sovereign credit rating outlook to negative from stable.
1 day agoThe dollar rallied to a three-month high in early trading in Asia on Wednesday, with investors retreating from the euro as the growing conflict in the Middle East sparked fears of a sustained rise in energy prices.
1 day agoBrent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.
2 days agoInvestors are closely watching developments around shipping in the crucial Strait of Hormuz which was disrupted by retaliatory Iranian attacks.
3 days agoAnalysts do not rule out the possibility of oil prices hitting US$100 a barrel, a level last seen at the start of the war in Ukraine.
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