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The administration argued Friday for a delay of up to four months, before litigation on refunds is brought up again before the US Court of International Trade.
3 hours agoAn analysis by Mandiri Institute showed that 72.3 million people experienced a talent mismatch last year, meaning their education levels did not align with their job requirements. ...
10 hours agoS&P Global Ratings warned that escalating debt-servicing costs are increasing the risks to Indonesia’s sovereign credit profile and could trigger a negative rating action if sustained. ...
20 hours agoRetailers have suffered an estimated Rp 500 billion (US$33 million) in lost sales over five days of unrest, while small businesses saw revenue plunge by up to 90 percent as demonstrations disrupted operations and supply chains.
5 months agoBroader economic uncertainty is weighing on investment and household purchasing power, while the impact of recent government policies on the real sector and financial services has yet to be felt, according to an industry association.
5 months agoIn early 2025, foreign arrivals declined steadily from January, falling to a low of 984,770 in March before rebounding in the following months.
5 months agoThe rise of new orders was mainly driven by an increase in exports, which grew at the steepest rate since September 2023, alongside stronger demand in the domestic market.
5 months agoIndonesia achieved a trade surplus for a 63rd consecutive month as the country’s exports exceeded imports by US$4.17 billion in July.
5 months agoExpenditures in the food, beverage and tobacco category contributed most to monthly deflation in August, when the CPI eased to 108.51 from 108.60 in July.
5 months agoChina's manufacturing activity shrank for a fifth straight month in August, an official survey showed on Sunday, suggesting producers are waiting for further clarity on a trade deal with the US while domestic demand remains sluggish.
5 months agoThe IBC's supervisory board chairman has underlined that unity between government, businesses and society under a single command is necessary to realize the nation's "0-8 vision" of zero poverty and 8 percent GDP growth.
5 months agoA divided US appeals court ruled on Friday that most of Donald Trump's tariffs are illegal, undercutting the Republican president's use of the levies as a key international economic policy tool.
5 months agoA Trump administration request that Japan buy more US rice caused this week's snag in bilateral trade talks as Tokyo "strongly objected" to the condition, the Nikkei newspaper reported on Saturday.
5 months agoA viral “aura farming” TikTok clip showcasing a Kuantan Singingi festival has provided a vital momentum for meme tourism in Indonesia, leading to a public-private collaboration that helped exploit the meme tourism trend and turn it into an economic boost for Riau.
5 months agoThe partnership, now in its second year, requires Vietnamese businesses seeking lobster larvae to conduct their farming operations in Indonesia in collaboration with local partners.
5 months agoIndian Prime Minister Narendra Modi heads overseas on Thursday to meet the leaders of China, Japan and Russia, seeking to build closer diplomatic ties as New Delhi battles fallout from US President Donald Trump's escalating tariff offensive.
5 months agoSeveral conglomerates have publicly voiced support for the privately placed bond, which is reportedly oversubscribed ahead of the launch.
6 months agoTrump has raised pressure on India over the energy transactions, a key source of revenue for Moscow's war in Ukraine, as part of a campaign to end the conflict.
6 months agoThe Rice and Grain Milling Entrepreneurs Association (Perpadi) welcomed the move, as rising production costs had made it difficult for mills to operate under the previous price cap.
6 months agoUS Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top US$500 billion a year, with a substantial jump from July to August and likely a bigger jump in September.
6 months agoThe exemption will take effect once both sides reach a final pact, but no timeline was set as the US was busy in tariff talks with other countries.
6 months agoDanantara Indonesia plans to raise Rp 50 trillion through so-called patriot bonds to fund waste-to-energy facilities and strategic projects in what the government bills as a move to boost public-private collaboration for long-term national development.
6 months agoThe Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive.
6 months agoCoal accounts for around half of China's power generation, down from three-quarters in 2016.
6 months agoThe Trade Ministry on Monday urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization backed the Southeast Asian country on several key claims in a complaint to the trade body.
6 months agoIndian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say.
6 months agoPresident Donald Trump said on Friday his administration will conduct a "major" tariff investigation on furniture entering the United States, a step toward imposing higher duties on a sector already seeing tariff-fueled price increases.
6 months agoExperts point to waning interest from corporate sponsors, especially SOEs that have “reallocated budgets” to programs more closely tied to government priorities, as a key driver behind the wave of festival cancellations.
6 months agoBMS Foods says it has suspended all production and shipments to the United States pending investigations by Bapeten, BRIN and the Maritime Affairs and Fisheries Ministry.
6 months agoThe manufacturing sector showed notable improvement as its headline PMI rose to 50.5 from 49.8 in July, moving into expansion territory for the first time in more than three years.
6 months agoBank Indonesia (BI) has flagged declining loan growth in the country’s banking industry amid stricter lending standards and weak demand, emphasizing the need to boost credit disbursement to push national economic growth.
6 months agoAnalysts urge the government to diversify supply sources and strengthen energy security to avoid overdependence on costly routes.
6 months agoThough not yet enacted, experts see a threatened 40-percent tariff on transshipped goods as a serious risk given Southeast Asia’s deep connection with Chinese manufacturers.
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