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President Prabowo Subianto delivers a speech to mark the launch of a rural cooperative under the Red and White Cooperatives Program (KDMP) in Nganjuk Regency, East Java, on May 16, 2026.
President Prabowo Subianto delivers a speech to mark the launch of a rural cooperative under the Red and White Cooperatives Program (KDMP) in Nganjuk Regency, East Java, on May 16, 2026.`
Economy premium

Prabowo downplays impact of rupiah fall on households

President Prabowo Subianto has downplayed the depreciation of the rupiah with statements economists say may send a dangerous signal to the market, potentially dealing a further blow to the currency.

41 minutes ago
Tech

PSN’s Nusantara 5 satellite officially starts operations

Nusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification

5 hours ago
Economy premium

Local firms echo Chinese concerns over Indonesia’s business climate

Danang Girindrawardana, executive director of the Indonesian Textile Association (API), said that local business community had also conveyed similar complaints to the government but did not receive an adequate response.

8 hours ago

The Latest

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Tech

ASEAN told to strengthen approaches, frameworks for digital transformation

Beyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.

8 hours ago
Economy

China says Trump visit deals are 'preliminary'

Trump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited detail on concrete outcomes across trade and investment.

9 hours ago
Companies premium

PLN eyes renewables expansion via 495 MW Bangladeshi solar project

The state-owned electricity firm's power generation subsidiary, PLN IP, has signed an agreement with Bangladesh's Bay Group to explore renewable power development in the country, including opportunities to bid on national solar power projects.

11 hours ago
Tech

Big risks and rewards in upcoming IPOs at SpaceX, OpenAI, Anthropic

Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.

14 hours ago
Companies

At Samsung, the global AI boom spurred a looming strike and deep divisions

A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? 

1 day ago
tech

PSN’s Nusantara 5 satellite officially starts operations

Nusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification

5 hours ago
tech

ASEAN told to strengthen approaches, frameworks for digital transformation

Beyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.

8 hours ago
tech

Big risks and rewards in upcoming IPOs at SpaceX, OpenAI, Anthropic

Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.

14 hours ago
tech

YouTube, Snap and TikTok settle school district's social media addiction claims

In a landmark trial, a Los Angeles jury on March 25 found Meta and Alphabet's Google negligent for designing social media platforms that are harmful to young people.

1 day ago
tech

Musk accused of 'selective amnesia,' Altman of lying as OpenAI trial nears end

A lawyer for Elon Musk hammered at the credibility of OpenAI CEO Sam Altman on Thursday, near the end of a trial over whether to hold the ChatGPT maker and its leaders responsible for allegedly transforming the nonprofit into a vehicle to enrich themselves.

2 days ago
tech

EU chief turns up heat on social media's 'addictive' design

The European Union is working on new rules to protect children from the addictive designs of social media such as TikTok, Meta and X, EU Commission President Ursula von der Leyen said on Tuesday.

5 days ago
economy

China says Trump visit deals are 'preliminary'

Trump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited detail on concrete outcomes across trade and investment.

9 hours ago
economy

Trump says China to buy 200 Boeing jets, order could rise up to 750

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

1 day ago
economy

Trump says China to potentially buy as much as 750 Boeing planes

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

2 days ago
companies

At Samsung, the global AI boom spurred a looming strike and deep divisions

A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? 

1 day ago
companies

Indosat just posted a strong performance. Is the company’s AI bet paying off?

Indosat Ooredoo Hutchison has consistently shown consistent momentum and numbers, recording steady year-on-year growth over the past three consecutive quarters.

1 week ago
markets

Nations drawing down oil stocks at record pace: IEA

Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the Middle East war, the International Energy Agency said Wednesday.

3 days ago
markets

Asian wheat millers resume purchases after two-month hiatus

Buyers in Indonesia, the world's second-largest wheat importer, last week signed deals to purchase at least 150,000 tonnes of new-crop Black Sea wheat for July shipment, while Thai millers booked 125,000 tonnes of US wheat, two Singapore-based traders said.

3 days ago
markets

Oil climbs but markets shrug off US-Iran deadlock

Oil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.

5 days ago
markets

Japan, US affirm close cooperation on currency moves

Japan and the US reaffirmed their close cooperation in dealing with exchange rate moves, including on currency intervention, Japanese Finance Minister Satsuki Katayama told reporters after a meeting in Tokyo with her US counterpart, Scott Bessent, on Tuesday.

5 days ago
markets

Share futures wobble, dollar gains as Iran talks teeter

The dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait of Hormuz all but shut and sending oil prices higher.

6 days ago
markets

Oil climbs on Gulf clashes as AI drives stocks to weekly rise

Oil prices rose and stocks slipped as the US and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand swept up chipmakers.

1 week ago

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