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Foreign direct investment long accounted for half or slightly more than half of total investment in Indonesia, but the balance flipped this year.
5 hours agoAccording to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.
11 hours agoMost cases flagged through the ministry’s new labor complaints platform, Lapor Menaker, are tied to industrial relations and wages, followed by cases involving social security and working hours.
12 hours agoThe government plans to enter an agreement with Malaysia and Singapore to develop a cross-border data center that will also serve as a buyer of clean power from Indonesia, according to Coordinating Economy Minister Airlangga Hartanto.
14 hours agoAsian shares extended a global rout on Friday as the much-anticipated US jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia's earnings dazzled.
16 hours agoThe government plans to impose exit duties on gold next year in a bid to increase state revenue and keep more of the precious metal inside the country for saving or further processing.
20 hours agoThe Communications and Digital Ministry has warned US-based internet services provider Cloudflare that its services in Indonesia could be blocked over legal compliance issues and allegations that it facilitates gambling websites.
1 day agoMalaysia’s leadership during its Association of Southeast Asian Nations (ASEAN) chairmanship has elevated the bloc’s global standing and reinforced its centrality through strong diplomacy, coordinated policy moves and high-level engagement, say analysts.
1 day agoThe ruling gives Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump's first term and is a major setback for the US Federal Trade Commission.
2 days agoGoogle-owned YouTube is now the leading destination for podcasts in the United States, with 33 percent market share according to Edison Research, and more than one billion consumers worldwide.
6 days agoA swarm of artificial intelligence "crawlers" is running rampant on the internet, scouring billions of websites for data to feed algorithms at leading tech companies - all without permission or payment, upending the online economy.
1 week agoMalaysia’s leadership during its Association of Southeast Asian Nations (ASEAN) chairmanship has elevated the bloc’s global standing and reinforced its centrality through strong diplomacy, coordinated policy moves and high-level engagement, say analysts.
1 day agoAid and development financing has been cut by many developed economies in favor of defense spending.
1 day agoFrequent travelers might be familiar with this scenario: skipping a cute souvenir stand or a cozy coffee shop not because they didn’t want to spend money, but because the stores were strictly cash-only and they were short on local currency.
1 day agoA US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and WhatsApp did not constitute an illegal monopoly in social media.
2 days agoAs global governments and organizations convene at the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, Indonesia is stepping into the limelight as a model for sustainable, low-carbon nickel development.
3 days agoUnited States prosecutors on Tuesday unveiled charges against eight men accused of belonging to a global network that made tens of millions of dollars trading on inside information about the finances and merger plans of numerous companies for years.
2 days agoAsian shares extended a global rout on Friday as the much-anticipated US jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia's earnings dazzled.
16 hours agoAsian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut.
1 day agoAsian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment.
4 days agoStocks and gold paused for breath on Thursday as the US Congress voted to end the longest government shutdown on record, with markets waiting for the resumption of US economic data to gauge the rates outlook.
1 week agoEquities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut.
1 week agoAsian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.
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