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View all search resultsFreeport Indonesia said negotiations on the government's planned acquisition of additional company shares are ongoing.
10 hours agoBank Indonesia (BI) has cut its benchmark interest rate in a surprising move hours before its United States counterpart is expected to reduce borrowing costs in the US as well. ...
12 hours agoThe amount is contingent on the effective rollout of the Rp 130 trillion program budgeted by the state asset fund for microcredits in 2025, with just three months remaining for state lenders to disburse the loans. ...
13 hours agoThe European Union and Indonesia have finalized a trade agreement to be signed next week in Bali, according to the government.
17 hours agoThe US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.
17 hours agoThe government's latest stimulus package must be managed efficiently and be supported with other policy measures that address deeper problems for long-term benefits, experts say.
22 hours agoConcerns about the independence of the central bank have been mounting following the announcement of a "burden sharing" deal that will see BI increase the interest it pays on government deposits to fund state programs.
1 day agoState-owned lenders have received 200 trillion rupiah ($12.2 billion) in government deposits redirected from Bank Indonesia to spur credit growth, but their top executives are unsure how to deploy the funds.
1 day agoThe country needs a balanced approach to growth that incorporates innovation, development and investment in targeting key value-added sectors to not just catch up with its regional peers, but to achieve its overarching goal in the Golden Indonesia 2045 vision.
1 day agoWith a digital penetration rate of approximately 80 percent in Southeast Asia, countries in the region have prioritized digital transformation when it comes to national development. The ASEAN region is a potential market for digital payment innovation, in particular the increase use of the QR (Quick Response) payments since it was first introduced in each country.
1 day agoTwo new tunnels were successfully dug to the initial target location within 30 hours, but the workers were not found there.
1 day agoForeign investors are plotting a return to China's stock markets in a big way three years after pulling back and terming them uninvestable, encouraged by the tech opportunities on offer, and a growing demand for diversification beyond US assets.
1 day agoVietnam has asked the United States to reconsider a decision that could lead to a ban on some Vietnamese seafood exports to the American market starting next year, a potential blow to an economy already hit by US tariffs.
1 day agoAsia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the US Federal Reserve would resume its easing cycle this week and potentially leave the door open to further rate cuts.
1 day agoThe Food and Drug Monitoring Agency (BPOM) has stated that a variant of instant noodle brand Indomie flagged by Taiwanese authorities is safe for consumption, according to Indonesian standards.
2 days agoFor foreign direct investment to flow into upstream projects and high-value processing facilities, investors need certainty that their concessions will be protected and that the rule of law will be enforced consistently.
2 days agoThe Chinese market regulator's announcement comes as the US and China hold trade talks in Madrid, where chips, including the ones made by Nvidia, are expected to be on the agenda.
2 days agoAs part of its long-term diversification strategy, United Tractors has moved to purchase the under-construction Doup project by acquiring a 100 percent stake in gold miner PT Arafura Surya Alam.
2 days agoA newly issued regulation due to take effect in November formalizes the OJK's policy to boost loan disbursement for MSMEs through eased access as part of its credit flow revitalization strategy.
2 days agoThe government aims to encourage household spending and boost growth with a year-end stimulus package, the third such measure after those January and June.
2 days agoEven as Russia builds warm ties with China and India, the return of barter shows just how far the war in Ukraine has distorted trading relationships for the world's biggest producer of natural resources, three decades after the 1991 collapse of the Soviet Union ushered in Russian economic integration with the West.
2 days agoThough the United States decided against deportation, images of the workers being chained and handcuffed during the raid caused widespread alarm in South Korea.
2 days agoUS Democrats have asked the Trump administration to press China to curb "structural overproduction", essentially overhauling Beijing's economic model, as Treasury Secretary Scott Bessent holds talks with Chinese officials in Spain.
2 days agoGrowing concern about debt levels in developed economies could see some bond investors look to emerging market issuances as an alternative, but in Indonesia, they will want answers about the new finance minister and the burden-sharing scheme with Bank Indonesia (BI).
2 days agoEnvironmentalists have blamed the deadly floods on overtourism and overdevelopment, particularly the conversion of agricultural land into commercial buildings.
3 days agoTrains in resource-poor Japan are increasingly being powered by renewable energy sources, as their operators seek to do their part in the country's drive to achieve carbon neutrality by 2050 to combat global warming.
3 days agoA new House proposal for Danantara to invest in domestic fertilizer factories aims to tackle the industry's long-standing issue of import dependency as part of a strategy to overhaul the subsidized fertilizer system.
3 days agoFollowing the FDA’s advisory over contaminated frozen shrimp from Indonesia, the government revealed it had detected the same radioactive isotop in scrap metal imports from the Philippines, though it has not confirmed a link between the two.
3 days agoFrench politicians sounded the alarm after the Fitch agency downgraded the country's credit rating, with the outgoing interior minister on Saturday blaming the move on "decades of fiscal mismanagement".
4 days agoManaged by the country's central bank Norges Bank and fueled by its vast energy revenues, the fund is the world's biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.
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