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AKR Corporindo has agreed to acquire the British energy giant's 49.9 percent stake in their fuel retail joint venture for $14.22 million.
1 hour agoIndonesia’s consumer confidence rose in October, driven by growing optimism about current and future economic conditions, while retail sales are also expected to edge up year-on-year despite shoppers holding back. ...
1 hour agoIndonesia’s bid to join the Organisation for Economic Co-operation and Development (OECD) is approaching completion as the country seeks to become one of the quickest in acceding. ...
2 hours agoFrance on Monday said Iran's Revolutionary Guards were behind cyberattacks on supermarket fridges in the country last month, vowing sanctions on a European level against Tehran over the first such large-scale cyber-sabotage on French territory.
5 hours agoChina's trade surplus surged past US$1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, even as imports to the world's second-largest economy grow at a faster pace that its exports
6 hours agoDespite the country's oft-touted nuclear ambitions for energy security, progress has been slow among both domestic and foreign investors in terms of uptake as the years remaining until a 2032 online target tick away.
9 hours agoIndonesia's recent decision to trim pipeline gas exports to Singapore is too marginal to ease supply gaps facing industrial plants in Java, with export capacity set to keep shrinking as demand outpaces production. Localized shortages are projected to widen sharply through 2028.
10 hours agoThe Indonesia Stock Exchange (IDX) will execute a forced delisting of 18 issuers in a sweeping enforcement action to improve market quality, but the move raises concerns about retail investors facing valuation and liquidity risks.
19 hours agoIndonesian banks have been pummeled in a wave of cyberattacks in recent days, with more than 1 million attempts over the past 24 hours, prompting regulators to take action in a bid to prevent breaches.
20 hours agoThe two-phase project will connect Ngurah Rai International Airport with Legian and Canggu as the government seeks to ease congestion in one of Indonesia’s busiest tourism corridors.
1 day agoThe true cost of subsidized Pertalite was now twice its retail price, Bahlil told an unrelated event on Sunday, highlighting the government's part in covering the gap to avoid burdening consumers as global crude prices surged.
1 day agoNvidia said on Sunday its board was probing whether CEO Jensen Huang had been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.
1 day agoThe Democrats’ flipping of Congress could increase pressure on the White House, but Trump retains broad authority over trade and foreign policy, leaving Indonesia and other exporters exposed to protectionist US import tariffs.
1 day agoDanantara Sumber Daya Indonesia’s (DSI) role as the sole intermediary, which begins next year, is narrower than the one outlined by President Prabowo Subianto on May 20, when he said the export body would oversee everything from contract negotiations to product shipments.
2 days agoFinance Minister Suahasil Nazara emphasized the need to grow investment by 7 percent to help reach the country’s gross domestic product target.
2 days agoAirlines are installing deluxe seats, enlisting Michelin-star chefs for luxury menu offerings and designing elite airport lounges as the industry bets its future on growing demand for premium travel.
2 days agoTreasury Secretary Scott Bessent and US Trade Representative Jamieson Greer urged Chinese Vice Premier He Lifeng in a call to implement terms of the pact agreed in Busan, South Korea, in October 2025.
3 days agoTech shares rose Friday, recovering a fraction of losses from the prior session's rout as the dollar rallied after better than expected US jobs data.
3 days agoThe latest e-Conomy SEA 2026 report published by Google, Temasek and Bain & Company in October highlights Indonesia as “the largest digital field of digital banks”, with a total of 17 entities operating since 2021.
3 days agoThe official unemployment figure has increased this year and the amount of workers informally employed has been sustained at about the same level, which reflects a trend that Indonesia should reverse soon to avoid getting caught in the middle income trap.
3 days agoIndustry Minister Muhammad Sarmuji said the government was examining the factors behind the slowdown and exploring possible solutions.
4 days agoA steep rout in technology stocks on Friday rippled through markets on fears that the Democrats' victory in the United States midterm elections would increase regulatory scrutiny of AI and slow the data centre build-out, sending investors to the safety of bonds.
4 days agoAnnual growth in outstanding loan at peer-to-peer lending firms also slowed to 17.02 percent in September from 22.07 percent in August.
4 days agoA month since the SDI was passed on Oct. 6, the clock is ticking as it counts down to the government's two-month deadline to produce implementing regulations on integrating data from across multiple institutions.
4 days agoThe Nasdaq Composite fell 5.5 percent on investor fears that the Democratic Party's sweeping midterm victory could stall AI infrastructure expansion and force a reckoning for smaller firms whose capacity to raise funds has already been limited by higher interest rates and tighter financial conditions.
4 days agoAsia's tech-heavy markets sank on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest fall in US stocks since the tariff-triggered "Liberation Day" rout a year and a half ago.
4 days agoAn improved trade balance has helped Indonesia achieve strong gross domestic product growth in the third quarter, even as consumer spending and business investment slowed down from the preceding three months.
4 days agoHousehold expenditure, the largest contributor to the growth, climbed five percent on-year, while investment jumped 6.1 percent.
5 days agoA senior minister highlighted the significant price gap between what Indonesia receives for selling commodities to neighboring countries and the prices at which they are eventually traded in their destination markets.
5 days agoDemocrats' resounding sweep to a majority in Congress gives them a big microphone and spotlight to scrutinize President Donald Trump's trade policies, but largely leaves them unable to override his veto on any vote to overturn his tariffs or rescind trade authorities, trade and legal experts said on Wednesday.
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