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Tesla is also counting on self-driving software to boost vehicle sales, which have slowed in Europe due to its aging EV lineup and Musk's far‑right political rhetoric that has alienated some consumers.
16 hours agoThe global growth could be lowered by 0.3 to 0.4 percentage point in a baseline scenario, with an early end to the war, and by as much as 1 percentage point if it endures, according to World Bank's projection. ...
17 hours agoThe Middle East war is expected to drag on Asia's economies over this year and next, the Asian Development Bank warned Friday, as it predicted growth to slow to 5.1 percent across the world’s most populous region. ...
21 hours agoWhile some filmmakers warn it could burden exhibitors, smaller producers argue that a quota system could give high-quality independent films a fairer shot at reaching audiences.
1 day agoDenera aims to build 33 plants nationwide worth a combined Rp 91 trillion in total, with the construction on the initial batch of projects is expected to begin in June.
1 day agoAccording to PLN, the blackout, which began at approximately 5:57 p.m., originated from a disturbance at a main substation, affecting distribution networks across multiple districts.
1 day agoWith the inauguration of the facility, operated by PT VKTR Sakti Industries, a subsidiary of publicly listed PT VKTR Teknologi Mobilitas, Indonesia now has the capacity to assemble up to 10,000 electric buses.
1 day agoUS President Donald Trump said on Thursday Iran should not charge fees to tankers going through the Strait of Hormuz, which has been blockaded since the start of the Iran war, causing the worst disruption to global energy supplies in history.
1 day agoIndonesia requires social media companies with platforms it deems high risk to deactivate accounts belonging to children under 16, with the sanctions could go as far as a block on the platforms.
1 day agoMeanwhile the umrah sector, which is fully operated by private players, continues to see relatively resilient demand even as operators and consumers absorb higher costs.
1 day agoPertamina is racing to secure the release of two of its tankers stuck in the Persian Gulf through diplomatic channels, as analysts warn that the recent US-Iran ceasefire does little to guarantee safe passage through the politically charged Strait of Hormuz.
2 days agoOil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic.
2 days agoZentara is an Indonesian cybersecurity company founded in 2025. CEO Regal Rauniyar Star spoke to The Jakarta Post’s Ruth Dea Juwita about closing domestic gaps, how AI reshapes cyberthreats and the company’s ambition to compete with global players.
2 days agoThe facility is designed as an integrated melamine production chain with an annual capacity of up to 120,000 tonnes and is targeted to commence operations in the second quarter of 2027.
2 days agoHeavy equipment sales in Indonesia are expected to pick up in the second half of this year, driven by the gradual approval of mining companies’ annual production plans (RKAB), industry players say, although rising commodity prices have yet to trigger immediate demand.
2 days agoOil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon.
2 days agoResearchers from the Center for Strategic and International Studies (CSIS) have called on the government to pursue strategic diversification to shield Indonesia from heightened global risk.
2 days agoA de-escalation in the United States-Israeli war on Iran has helped the rupiah bounce back somewhat after approaching its historic low, but economists say the Indonesian currency remains subject to a range of risks.
3 days agoThe merger of 15 logistics firms into a single SOE is the earliest move and is expected to be completed within a month.
3 days agoThe bottled water industry estimates that raw material prices could rise as much as 100 percent and effect a 25-50 percent rise in packaging costs, inevitably leading to a price hike for consumers.
3 days agoStocks soared and oil plunged in early trade in Asia on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily to reopen the vital Strait of Hormuz.
3 days agoIndonesian farmers face rising production costs and tighter chemical fertilizer supplies as the US-Israeli war on Iran intensifies, the Indonesian Farmers Union (SPI) has said.
3 days agoA study found that hot, humid lowland climates in cities like Jakarta and Batam leave data centers heavily dependent on energy-hungry mechanical cooling systems that run at high load year-round.
4 days agoThe manufacturing sector’s growth trend is expected to face many challenges, including higher oil and energy prices due to US and Israeli attacks on Iran, as well as rupiah depreciation, which is pushing up production costs for certain industries.
4 days agoThe euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.
4 days ago"The world has never experienced a disruption to energy supply of such magnitude," he said in an interview with the French newspaper released in its Tuesday edition.
4 days agoThrough its subsidiary DIPO, the company will supply 20,600 trucks to Agrinas Pangan Nusantara as part of the government’s red and white cooperatives program, amid a broader plan to procure up to 160,000 vehicles nationwide.
4 days agoThe energy minister has touted the competitiveness of Indonesia's avtur prices amid the economic fallout from the Iran war, even after a markup of more than 70 percent due to surging global fuel prices.
4 days agoGlobal stocks wavered on Tuesday, while oil prices were perched near US$110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.
4 days agoThe government says prices of subsidized gasoline and diesel will stay fixed even if global oil prices remain elevated, while airlines will be allowed to lift airfares, but without excessively hurting consumers.
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