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Analysts say a decision by state asset fund Danantara not to make its financial reports public will hurt investor confidence.
6 hours agoThe benchmark index was down 1.85 percent on Monday and plunged again by more than 3 percent in the morning trading session on Tuesday. ...
10 hours agoThe President is expected to outline the broader stabilization strategy before lawmakers in the coming days, according to the finance minister. ...
12 hours agoBeyond negative sentiment related to warning from global index compiler MSCI, global investors have also become more sensitive to concerns surrounding Indonesia’s fiscal resilience, particularly amid rising global energy prices.
12 hours agoDian Ediana Rae, OJK’s chief executive for banking supervision, stated that while the program aims to expand public access to financing, the implementation must align with banks’ risk appetite and institutional expertise.
15 hours agoJapan's economy grew faster than expected in the first quarter on solid exports and consumption, data showed, though momentum will face a severe test as the full force of the energy shock from the Iran war filters through businesses and consumers.
15 hours agoBonds from Tokyo to New York extended losses on Monday as inflation fears stoked investor wagers on rate hikes from global central banks. G7 finance ministers in a meeting in Paris looked to find common ground to tackle imbalances from the selloff.
19 hours agoTraditionally brewed as a herbal drink to prevent or treat ailments, jamu has been given a modern twist by Juara, which has transformed its natural ingredients into contemporary skincare products.
20 hours agoIn a House or Representatives hearing on Monday, Bank Indonesia (BI) Governor Perry Warjiyo said “we believe” the rupiah will end up averaging around Rp 16,800 per United States dollar, within the Rp 16,500 to Rp 16,900 target range set in the 2026 state budget.
1 day agoAuthorities noted that unfavorable weather conditions and attacks from plant pests and diseases had temporarily disrupted agriculture production in several areas.
1 day agoMinisters are set to discuss the economic fallout from the conflict and volatility on global bond markets, which are of particular concern to Japan, as they also seek common ground on tackling economic tensions and global imbalances.
1 day agoAccording to a Bloomberg report on Wednesday, citing unnamed sources, the INA has appointed investment banker Oki Ramadhana as its new chief executive officer.
1 day agoBetter-than-expected exports and China's domestic fuel-pricing controls have helped weather the energy shock, but higher input costs threaten to squeeze already weak factory margins and further dampen consumer spending if the conflict drags on.
1 day agoThe Indonesia Stock Exchange (IDX) Composite index plunged as the market opened on Monday, extending its downward trend following the MSCI index rebalancing announced last week.
1 day agoSigns of a flight to safer assets also emerge in the first quarter as rupiah weakness and heightened uncertainty prompt people to diversify wealth and seek protection from depreciation.
1 day agoPresident Prabowo Subianto has downplayed the depreciation of the rupiah with statements economists say may send a dangerous signal to the market, potentially dealing a further blow to the currency.
2 days agoNusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification
2 days agoDanang Girindrawardana, executive director of the Indonesian Textile Association (API), said that local business community had also conveyed similar complaints to the government but did not receive an adequate response.
2 days agoBeyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.
2 days agoTrump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited detail on concrete outcomes across trade and investment.
2 days agoThe state-owned electricity firm's power generation subsidiary, PLN IP, has signed an agreement with Bangladesh's Bay Group to explore renewable power development in the country, including opportunities to bid on national solar power projects.
2 days agoWall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.
2 days agoA looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?
3 days agoIn a landmark trial, a Los Angeles jury on March 25 found Meta and Alphabet's Google negligent for designing social media platforms that are harmful to young people.
3 days agoThe orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.
3 days agoRetailers struggle to stay afloat as orders from government institutions evaporate, while workers with advanced degrees are not getting the jobs to match.
3 days agoThe orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.
4 days agoBiak was selected for its proximity to the equator and its direct access to the Pacific Ocean, allowing first-stage rocket boosters to safely fall into open waters after launch.
4 days agoThe statement came as the rupiah continued to face pressure, exceeding Rp 17,500 per US dollar and raising concerns over higher prices for imported food commodities, including soybeans, wheat, raw sugar and garlic.
4 days agoThe government has secured a fresh commitment from Russian oil and gas firm Zarubezhneft to resume the long-stalled Tuna Block project in the Natuna Sea, with operations to restart next month.
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