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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.
4 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. ...
1 day 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 agoIn his keynote speech at WEF 2026, the President painted the country as a "land of opportunity" while vowing to crack down on noncompliant businesses that continued to prop up the detrimental practice of "greednomics".
2 months agoHalf of Danantara's investments this year will go to public markets, largely in Indonesia, while it also evaluates opportunities in China, India, Japan, South Korea and Europe.
2 months agoEU leaders heaved a sigh of relief over Donald Trump’s U-turn on Greenland as they met for an emergency summit in Brussels late on Thursday.
2 months agoPresident Donald Trump warned Thursday of major reprisals if European countries dumped key holdings of US Treasury bonds to pressure Washington, as temperatures fluctuated over the future of Greenland.
2 months agoBank Indonesia, meanwhile, has projected Indonesia’s GDP to grow by around 5.3 percent year on year in 2026, supported by rising consumption and investment.
2 months agoThe agency revealed that Jakarta and Tangerang, despite facing the country’s most severe waste problems, were left out of the initial pilots as local administrations have yet to indicate their readiness.
2 months agoThe President secured 4 billion pounds in investment commitments during his state visit to the UK, which included a meeting with the king on conservation initiatives, before departing to deliver his keynote at Davos.
2 months agoSouth Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest slump in three years on weaker investment and exports, but the global AI boom is set to improve the outlook and allow the central bank to retain its steady rates stance.
2 months agoForeign investors sold a net roughly $6.4 billion worth of Indonesian government bonds in 2025, adding to the pressure on the currency.
3 months agoThe increasing costs of electricity purchased from IPPs, along with grid operation expenses, may lead to inflated state subsidies and compensation in the long run.
3 months agoThe rupiah slid to Rp 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week, where analysts expect the BI to stand pat on rates. The currency is down nearly 2 percent in January after dropping 3.5 percent in 2025.
3 months agoThe Maritime Affairs and Fisheries Ministry is in the process of drafting a circular letter to ratify the agreement and outline registration procedures for accessing the zero-percent tariff.
3 months agoTrump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the US is allowed to buy Greenland, a step major EU states decried as blackmail.
3 months agoChina's economic growth slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace hit Beijing's target, trade tensions and structural imbalances pose significant risks to the outlook.
3 months agoThe Indonesian Hotel and Restaurant Association (PHRI) reported that hotel occupancy rates fell by 4 percent last year compared with the previous year.
3 months agoAt its 2026 economic outlook event on Jan. 15, Kadin cautioned against maintaining last year's budget policy to reduce regional transfers amid current global conditions, as doing so would only hamper local growth and exacerbate weakening demand.
3 months agoUS President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland, escalating a row over the future of Denmark's vast Arctic island.
3 months agoThe South American trade bloc Mercosur and the European Union will sign on Saturday a deal 25 years in the making to create one of the world's largest free trade areas at a time of growing protectionism and volatility.
3 months agoThe investment minister said on Thursday that he expected further growth in domestic investment this year, particularly via funding channeled by Danantara.
3 months agoThe US Supreme Court issued three decisions on Wednesday but did not decide the closely watched dispute over the legality of President Donald Trump’s global tariffs.
3 months agoCoordinating Economy Minister Airlangga Hartarto said on Tuesday that President Prabowo Subianto had committed to the funding to keep technology competitive and sustain investment in the textile sector.
3 months agoThe Comprehensive Economic Partnership Agreement (CEPA) was signed in September last year during President Prabowo Subianto’s visit to Ottawa, marking a key milestone in Indonesia-Canada trade ties.
3 months agoThe former Indonesian’ finance minister’s appointment will bring valuable perspective thanks to her distinguished experience in economic and development policy, the foundation said.
3 months agoTotal bilateral trade with Iran stood at merely $206.9 million in 2023, according to the Trade Ministry.
3 months agoDuring the 2015-2024 period, wages grew by 16.1 percent in compound annual growth rate (CAGR), significantly outpacing productivity per worker, which increased by only 2.4 percent.
3 months agoThe long-awaited Balikpapan refinery upgrade, beset by multiple delays since the project broke ground in 2018, came onstream on Monday in a ceremony led by the President, with the energy ministry hailing the integrated facility's potential to significantly reduce fuel imports.
3 months agoThe retail sales index was projected to climb to 231.7 points in December while the consumer confidence index dropped slightly to 123.5 points.
3 months agoA report from property consultancy Colliers Indonesia shows that only around 2200 units were added to the apartment supply in the capital last year, marking a significant drop from some 4,000 new units that had entered the market in 2024.
3 months agoTwo-wheeler sales, meanwhile, reached 6.4 million units last year, marking a 1.3 percent rise from the year before.
3 months agoThousands of Irish farmers, many of whom traveled across the country on tractors, protested on Saturday against the European Union's Mercosur trade deal after a majority of EU states gave a provisional go-ahead for its largest ever free-trade accord.
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