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The central bank has decided to keep the BI-Rate unchanged at 4.75 percent to prevent the rupiah from spiraling ever downward amid the nearly two-month war in Iran as the currency hit a record low of Rp 17,193 per greenback on Wednesday, while experts pointed to a narrowing room for monetary policy in its aim to secure financial stability.
9 hours agoBeyond conventional materials, the government is encouraging the development of bioplastics derived from natural resources such as cassava and seaweed.
12 hours agoAustralia's Lynas facility in Gebeng, Malaysia is now the world's largest single rare earths processing plant.
14 hours agoLast year, the government also began issuing renminbi-denominated debt through so-called dim sum bonds, which are similar to panda bonds but are marketed mainly in Hong Kong.
17 hours agoWith the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal.
19 hours agoReliance on foreign workers familiar with proprietary technologies, as well as slow and rigid licensing processes in Indonesia, has created incentives for foreign companies to bypass formal visa channels.
23 hours agoThe uncertainty weighed on investor sentiment, with the Indonesia Stock Exchange (IDX) Composite Index slipping 0.46 percent on Tuesday, even as major Asian markets advanced on optimism that the Iran conflict may be nearing an end.
1 day agoState-owned energy firm Pertamina previously increased prices for three non-subsidized products, Pertamax Turbo, Dexlite and Pertamina Dex, by between 48 and 66 percent.
1 day agoTim Cook will be replaced by company veteran John Ternus, who joined Apple’s product design team in 2001 and rose to become senior vice president of hardware engineering over the following two decades.
1 day agoTesla is also counting on self-driving software to boost vehicle sales, which have slowed in Europe due to its aging EV lineup and Musk's far‑right political rhetoric that has alienated some consumers.
1 week agoIndonesia requires social media companies with platforms it deems high risk to deactivate accounts belonging to children under 16, with the sanctions could go as far as a block on the platforms.
1 week agoIndonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.
3 weeks agoBatam is rapidly transforming into a regional digital infrastructure hub, anchored by a landmark hyperscale data center expansion that underscores the island’s growing strategic relevance in Southeast Asia’s data economy.
2 days agoSecond-generation oil palm smallholders, especially women, are playing an increasingly important role in shaping a more sustainable and inclusive future for the palm oil industry. This progress is closely linked to improved access to knowledge, structured support systems and growing recognition of women’s contributions within the sector.
1 day agoThe race for clean energy has begun, and increasingly became more poignant with the situation of geopolitics in recent years. As countries and companies band together to evolve, energy demand has grown in parallel, causing the importance of accelerated transformations.
1 day agoAustralia's Lynas facility in Gebeng, Malaysia is now the world's largest single rare earths processing plant.
14 hours agoWith the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal.
19 hours agoInvestors remained largely upbeat that the US and Iran will eventually come to a deal that will reopen the Strait of Hormuz.
1 day agoThe ceasefire in the Iran war, due to run until Tuesday, was in doubt after the US seized an Iranian cargo ship and Tehran's top military command vowed to retaliate.
2 days agoThe strategic Strait of Hormuz was again closed on Sunday in the stand-off between Iran and the United States, with Iran's powerful parliament speaker signaling a final peace deal remained "far" off despite some movement in negotiations.
3 days agoThe US-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a US blockade on vessels calling at Iranian ports.
1 week agoStocks rose and oil fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald Trump saying Tehran had called to seek an agreement even as a US naval blockade around Iran's ports began.
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