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Economy
premium
Russia, India show interest in Indonesia’s Biak spaceport project
Biak was selected for its proximity to the equator and its direct access to the Pacific Ocean, allowing first-stage rocket boosters to safely fall into open waters after launch.
1 hour ago
Regulations
premium
Govt pledges subsidies to curb imported food inflation
The statement came as the rupiah continued to face pressure, exceeding Rp 17,500 per US dollar and raising concerns over higher prices for imported food commodities, including soybeans, wheat, raw sugar and garlic.
2 hours ago
Companies
premium
RI secures Russian commitment to resume stalled Tuna Block project
The government has secured a fresh commitment from Russian oil and gas firm Zarubezhneft to resume the long-stalled Tuna Block project in the Natuna Sea, with operations to restart next month.
3 hours agoThe Latest
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Economy
Trump touts 'fantastic’ deals with Xi but markets underwhelmed
United States President Donald Trump said he had made "fantastic trade deals" with China's Xi Jinping, as the pair met on Friday at final talks of a superpower summit, but the news gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and over the US war with Iran.
4 hours 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.
9 hours ago
Regulations
premium
Purbaya shrugs off Chinese concerns over permit mess
The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.
22 hours 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.
1 day 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.
1 day agoPopular
- Why Indonesia must write ASEAN’s green rules
- Freeport Indonesia pushes back full copper mine restart
- Growth without gain: Why Indonesians don't feel the economy
- High rankings, low reach in Indonesian journals
- ASEAN summit ends with push to fast-track oil share pact
- US, Iran no closer to ending war as Gulf clashes flare
- Rescuers locate two missing Singaporeans after Mount Dukono eruption
- Indonesia on alert for hantavirus amid European cruise outbreak
- Prabowo backs ASEAN to fast-track renewable energy, Borneo power grid
- Govt postpones mining royalty hike
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.
9 hours 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.
3 days ago
tech
Energizing Indonesia’s rise as an AI contender
Agentic AI are execution models involving autonomous agents that coordinate across workflows, tools and systems with minimal human input.
1 week ago
tech
EU countries, lawmakers fail to reach deal on watered-down AI rules
EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.
2 weeks ago
economy
Trump touts 'fantastic’ deals with Xi but markets underwhelmed
United States President Donald Trump said he had made "fantastic trade deals" with China's Xi Jinping, as the pair met on Friday at final talks of a superpower summit, but the news gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and over the US war with Iran.
4 hours ago
economy
Trump lands in China for Xi summit with Nvidia CEO in tow
President Donald Trump and an entourage that included Nvidia's Jensen Huang and Elon Musk were greeted with a lavish welcome in Beijing on Wednesday as he prepared to ask China's Xi Jinping to "open up" to US business at the start of their two-day summit.
1 day ago
economy
US inflation hits three-year high fueled by Iran war
Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.
2 days 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.
6 days ago
companies
PT Vale secures $750 million ESG-linked syndicated loan facility
Amid growing global demand for critical minerals to support the energy transition, PT Vale Indonesia Tbk has reaffirmed its commitment to integrating sustainability into its financing strategy through securing a US$750 million sustainability-linked loan (SLL) facility.
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.
1 day 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.
1 day 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.
3 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.
3 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.
4 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
