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View all search resultsBatam 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.
9 hours agoIran's military declared the Strait of Hormuz closed again on Saturday, prompting ships to abandon attempts to transit the waterway and President Donald Trump to warn Tehran against trying to "blackmail" the United States. ...
2 days agoThe move is part of the administration's effort to control global energy prices that have shot higher during the US-Israeli war on Iran. ...
2 days agoFrom the latest album release listening party to surprise music video drops, the economic value of the global creative industry has reached US$2.3 trillion annually, making up 3.1 percent of the global GDP.
4 months agoChina's exports topped forecasts in November, driven by a surge in shipments to non-US markets as manufacturers deepen trade ties with the rest of the world in light of President Donald Trump's prohibitively high tariffs.
4 months agoFrench President Emmanuel Macron said he had threatened Beijing with tariffs during his state visit to China if there was no action taken to reduce the country's ever-widening trade deficit with the European Union.
4 months agoIndonesia’s bid to mass-produce cars of a homegrown brand in 2027 is “highly ambitious”, experts say, noting that an electric vehicle model would require sustained fiscal outlays and far stronger technical competencies than the country currently possesses.
4 months agoThe Finance Ministry expects the Sumatra disaster to only have a slight impact on gross domestic product growth in the fourth quarter.
4 months agoBuilding on its decades-old role as a major cacao producer, Indonesia wants to push into the global chocolate market with a comprehensive supply chain from plantations via processing facilities to factories, but some key hurdles lie in the way.
4 months agoThe push follows the launch of an expansive exploration program on Nov. 25, which offers 75 potential oil and gas blocks for the 2025-2027 period.
4 months agoThe association had earlier expected domestic new car sales to approach 800,000 units by year-end, but the latest data point to a weaker market.
4 months agoSmall businesses in Aceh, North Sumatra and West Sumatra have watched as the recent flooding swept away their incomes along with roads, utilities and other essentials, including access to food.
4 months agoThe envisioned Kilat Pajajaran railway project threatens to cut into the market for the existing high-speed Whoosh service connecting the same two cities.
4 months agoThe OECD assessment sees Indonesia’s inflation declining to 1.9 percent this year, and then picking up to 3.1 percent and 3.2 percent in successive years.
4 months agoQuantum Luminous Indonesia president director Walter Grieves said the plan was to commence the semiconductor project at the start of 2026.
4 months agoThe macroeconomic dominance of micro, small and medium enterprises (MSMEs) is not reflected in their financial health or in the banking credit market.
4 months agoThe senior economy minister has called on Kadin to help the government tackle unemployment by boosting jobs in the private sector, including by easing entry-level requirements so around 1.5 million fresh graduates can get a foot in the door each year.
4 months agoThe Purchasing Managers’ Index (PMI) report published by S&P Global on Monday shows the index rising to 53.3 in November, up from 51.2 the preceding month.
4 months agoConsumer prices rose only 0.17 percent in the month of November, driven by prices of gold jewelry and airfare, according to data published by Statistics Indonesia (BPS) on Monday.
4 months agoExports slipped to US$24.24 billion in October, down 2.31 percent year-on-year (yoy), weighed heavily by a steep 33.6 percent plunge in oil and gas shipments.
4 months agoThe Trade Ministry is still considering its next steps in disputes concerning steel and biodiesel, where World Trade Organization rulings in Indonesia’s favor cannot be enforced because of the European Union appeals.
4 months agoInflation is projected to remain within the current target range of 1.5 to 3.5 percent for the next two years, while loan growth is expected to reach 8 to 12 percent in 2026.
4 months agoAccording to Statistics Indonesia (BPS), the archipelago’s food and beverage exports to Australia jumped to US$333.3 million last year, up 44.6 percent from around $230 million in the previous two years.
4 months agoFor many workers, one income stream is not enough to cover rising living costs and ensure financial stability.
4 months agoFollowing a year of high-stakes diplomacy and regional recalibration, Malaysia’s 2025 ASEAN chairmanship has provided fresh momentum for economic integration and strategic partnerships – reinforcing the bloc as a center of gravity in the increasingly contested Indo-Pacific region.
4 months agoNational Nutrition Agency (BGN) head Dadan Hindayana said on Friday that all kitchens, formally called nutrition fulfillment service units (SPPG), are recommended to diversify their menu while considering the availability of the food in the local markets and to support farmers.
4 months agoThe government has secured investment commitments from China for 16 projects valued at a total of Rp 36.4 trillion (US$2.2 billion) under a memorandum of understanding (MoU) linked to the “Two Countries, Two Parks” initiative.
4 months agoBusiness players say the 80-hectare infrastructure project aimed at Indonesian pilgrims could transform Indonesia’s haj-umrah economy, but only if the government secures a prime location.
4 months agoSwathes of Indonesian cacao plantations need replanting to boost production, but a shortage of seeds could jeopardize the effort to replace old, unproductive trees.
4 months agoThe consequences of illegal imports for domestic manufacturing are profound, ranging from the disruption of fair competition to workforce layoffs.
4 months agoThe European Union appealed Monday a World Trade Organization ruling faulting it for mistakes in setting tariffs on Indonesia stainless steel products, according to a Geneva-based trade official.
4 months agoDisappointing data on bank lending raises questions about the effectiveness of the Finance Ministry’s Rp 200 trillion (US$12 billion) liquidity injection conducted in early September to jump-start economic activity, with economists pointing to a lack of credit demand.
4 months agoDespite not attending the summit, US President Donald Trump's presence loomed large at the event, the first summit of the group of major economies to be held in Africa, after producing a surprise unilateral plan to end the war in Ukraine largely in line with Russia's goals.
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