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Yields on medium- and long-term government bonds have increased significantly in just two weeks as demand nosedived after MSCI announced a possible reclassification of Indonesian stocks. The 10-year yield now sits at a four-year high, while the rupiah is trading near its all-time low.
9 hours agoFollowing a working visit to Seoul, BP Batam deputy for investment Fary Djemy Francis celebrated Batam’s achievements and pondered on the constant work to improve the island for its residents.
13 hours agoPreviously, Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia claimed that Indonesia no longer bought crude oil from the Middle East and was diversifying its sources to other countries, including India and China.
16 hours agoToyota stressed the need for stimulus to boost spending power and revive new car sales, noting that Indonesia’s automotive industry had experienced a shift in demand toward used vehicles.
17 hours agoThe investment follows a $31.6 billion joint venture agreement signed at the US Chamber of Commerce in Washington, D.C., on Feb. 18, with President Prabowo Subianto witnessing the signing.
18 hours agoTechnology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.
20 hours agoAs prices climb, families are switching to cheaper food, personal care products and health services, while cutting back on savings and leisure.
1 day agoHigher-than-expected demand for subsidized gasoline is expected to add tens of trillions of rupiah to the state budget as the government looks to increase imports at a time of high global oil prices.
1 day agoOpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet access in September.
4 days agoPHP helps run about 70 percent of the world's websites -- from online stores and news outlets to government services -- according to Wiz Research, one of the cybersecurity firms that found the two flaws.
6 days agoGovernment websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators around the world scrambling to protect their systems.
6 days agoStrong investment in AI infrastructure is keeping global growth at around 3 percent, yielding major benefits for many Asian economies that supply the hardware, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.
2 weeks agoFollowing a working visit to Seoul, BP Batam deputy for investment Fary Djemy Francis celebrated Batam’s achievements and pondered on the constant work to improve the island for its residents.
13 hours agoThe world is changing and the EU, with 450 million consumers, has become more active in seeking and building on partnerships to expand free trade with open competition, reliability and a rules-based order, Merz said during a visit to Singapore.
1 day agoSouth Korean investment in Batam surged to Rp1.175 trillion (US$65.1 million) in the first half of 2026, making the country the island’s third-largest foreign investor. BP Batam is now seeking to build on this momentum by promoting opportunities in aviation, logistics, electronics and other strategic industries.
2 days agoTo navigate these headwinds, the city-state is strengthening the diversity of its energy sources, and taking steps to ensure it has the infrastructure required to support them, he said at the opening of the Singapore International Energy Week conference at Marina Bay Sands.
2 days agoUnited States Trade Representative Jamieson Greer told the European Union on Monday that a lack of information about its record-breaking loan to Airbus threatens a delicate transatlantic trade truce, including on financing large civil aircraft (LCA) projects.
1 day agoInspired by a high school student's curiosity, NURIVO Original was developed in collaboration with PT Duta Niaga using milk-based ingredients, sacha inchi oil and kapok flower honey, with an underlying commitment to social responsibility.
1 day agoThe offering could raise as much as US$100 billion in an initial public offering (IPO) that could value Anthropic at between $1.5 trillion and $2 trillion.
1 day agoPassed by the House of Representatives on Oct. 6, the law introduces a severance reserve fund as one of many measures aimed at giving workers greater security.
1 day agoTechnology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.
20 hours agoMajor currencies traded in tight ranges on Monday to begin a busy week of central bank decisions and corporate earnings, while a pullback in oil prices and Treasury yields weighed on the dollar.
2 days agoOil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 a barrel as the Middle East conflict raged on.
4 days agoAsian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.
5 days agoMSCI ratcheted up the pressure on Jakarta by announcing that it could demote Indonesia's equities to "standalone" market status, claiming the country had not done enough to crack down on coordinated trading practices in its stock market.
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