Indonesia Business, Economy, and Investment News
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Regulations
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Sugarcane farmers query House over sugar imports
Leaders of the Indonesian Sugarcane Farmers Association (APTRI) have complained at the House of Representatives that sugar imports would keep prices depressed and put strain on an industry struggling to gain a footing.
2 hours from now
Markets
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Stocks plunge as IDX lowers minimum price cap
Several other stocks were affected by the price floor change and hit the lower auto-rejection limit, including tech giant PT GoTo Gojek Tokopedia, property developer PT Lippo Karawaci and PT Repower Asia Indonesia, as well as rice producer PT Buyung Poetra Sembada.
13 hours ago
Markets
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Rupiah back near 18,000 on strong dollar, high oil price
At a hearing with the House of Representatives on Monday, BI Governor Destry Damayanti said the central bank had reduced its spot market foreign exchange interventions to 30 percent of total interventions because they were too costly.
12 hours agoThe Latest
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Economy
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Govt earmarks Rp 17 trillion for integrated livestock ecosystem
The Agriculture Ministry has earmarked around Rp 17 trillion to develop an integrated livestock industry across Indonesia, with five initial sites targeted for completion next year as the government seeks to strengthen domestic supplies of chicken, eggs and milk.
12 hours ago
Markets
Oil prices spike after Trump rejects Iran truce offer
Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data.
16 hours ago
Markets
Mideast oil exports rebound in September as Saudi Arabia boosts shipments
The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 7.4 million bpd this month.
19 hours ago
Regulations
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Power exports to Singapore hinge on regulatory clarity
The Vanda Solar and Battery project in the Riau Islands is expected to be operational by 2029, but only if the Indonesian government issues its long-awaited electricity export regulation this year or by 2027, its developer has said.
1 day ago
Tech
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BI to expand QRIS to Timor Leste, Hong Kong
From the launch of cross-border QRIS in 2022 through July 2026, users from partner countries made 21 million inbound transactions in Indonesia worth Rp 5.9 trillion ($329.3 million), BI data show.
1 day agoPopular
- Popular discontent is justified. Authoritarianism is not the answer
- Recentralization concerns in fiscal, education heighten
- Govt under pressure as 3 million home drive hits cracks
- Safeguarding Indonesia's AI future
- Power exports to Singapore hinge on regulatory clarity
- Indonesian wildfires threaten critically-endangered orangutan: IUCN
- Indonesia signs UN treaty to combat, prevent cybercrime
- Death toll from Java Sea ferry sinking jumps to 64
- BI to expand QRIS to Timor Leste, Hong Kong
- Trump rejects Iran proposal for deal to reopen Hormuz
tech
TikTok reaches first state settlement over teen safety claims, agrees to user limits
TikTok will pay Alabama at least $100 million under the settlement, but the state's payout could grow to $300 million if 40 other attorneys general sign on to similar agreements with the company within a specified timeframe, according to the settlement.
2 days ago
tech
Rhemedi gets OpenAI’s Select Partner status
Artificial Intelligence is a tool to help people understand health more deeply, recognize risks earlier, and take more appropriate action, while clinical responsibility remains with physicians and healthcare professionals.
4 days ago
tech
US warns Australia's social media algorithm reforms risk 'facilitating censorship'
Australian Prime Minister Anthony Albanese said the proposed measure was not intended to grant governments greater authority, but rather to restore individuals' control over their content choices.
5 days ago
tech
Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip
Alibaba Group plans to train a new artificial intelligence model with between 5 trillion and 10 trillion parameters, chief executive Eddie Wu said on Tuesday, as the Chinese technology giant outlined a sweeping strategy encompassing AI models, chips and data centers.
6 days ago
tech
Bessent proposes US-China AI safety notifications in talks with Chinese vice premier
The meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."
1 week ago
tech
China investigates Meituan, Alibaba units for suspected antitrust violations
China has been cracking down on monopolistic behavior, ​most recently fining Trip.com 5.2 billion yuan (US$776.41 million) over what ​the regulator said was its online hotel-booking monopoly.
1 week ago
economy
China, US agree to AI dialogue, tariff cuts on $30b in goods during Xi visit
The tariff reductions would apply to US exports such as agricultural goods, wood and cosmetics, as well as US imports including small appliances, toys and decorations.
1 day ago
economy
OECD lifts 2026 global growth forecast to 2.9% despite Mideast war
Economic growth has remained "resilient" in many countries despite the war in the Middle East, the OECD said Wednesday as it slightly raised its GDP forecasts for the year.
4 days ago
companies
US airlines oppose China's bid to add more flights
The head of industry group Airlines for America said on Thursday that US carriers oppose adding more direct flights from China to the United States even as Chinese President Xi Jinping raised the idea.
3 days ago
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markets
Oil prices spike after Trump rejects Iran truce offer
Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data.
16 hours ago
markets
Mideast oil exports rebound in September as Saudi Arabia boosts shipments
The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 7.4 million bpd this month.
19 hours ago
markets
Dollar at 2-month highs as markets weigh rate hikes, Iran diplomacy
The dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.
5 days ago
markets
Stocks rise on AI buzz, drop in oil prices
Stock markets climbed on Tuesday as the success of Meta's new AI agent and US-China talks on artificial intelligence fanned a tech-led rally.
6 days ago
markets
Shares tick higher as Fed hikes rates, dollar jumps
The US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.
1 week ago
