Hundreds of workers who lost their livelihoods when well-known shoe brand Bata closed its only factory in the country face an uncertain future but want to make the most of the compensation they expect to receive to build a future for themselves.  

The government has vowed to compenate affected people fairly as unresolved issues related to land clearing, including relocating local inhabitants, continue to bog down progress in the IKN project as the clock ticks down to several milestones before Independence Day.

Increased household consumption, particularly over the peak Idul Fitri holiday season, is likely to contribute in pushing quarter-two growth above 5 percent, but analysts urge caution with regard to the central bank's optimistic projection.

The Trade Ministry has temporarily confiscated a Rp 50.9 billion (US$3.17 million) tanker imported from China over an allegedly missing import permit.

Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing US labor market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data.

Experts point to a decline in interest in farming but say many young people have few other options.

Starlink's network of low Earth orbit satellites can provide internet to remote locations or areas that have had normal communications infrastructure disabled.

The share of renewables in global electricity generation rose to a record of 30 percent last year from 19 percent in 2000. Indonesia, meanwhile, only had a 20 percent share in 2023. 

Indonesia’s Chandra Asri is in expansion mode after announcing plans to construct a caustic soda plant and an ethylene dichloride plant.

The ministry has previously considered putting debt-laden Waskita Karya under Hutama Karya, which it deems to be in much better financial condition.

The partnership is expected to explore new mineral deposits, including a potential one in Bledug Kluwu in Central Java.

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

Reiterating GoTo’s dedication to upholding proper environmental, social and governance initiatives (ESG) in its management, GoTo recently published its fourth sustainability report titled ‘Reshaping The Future’.

The relocation of the national capital to Nusantara presents a significant opportunity for Jakarta to become a more modern, comfortable and healthy city for its residents.

Pertamina EP, the exploration and production arm of state-owned oil and gas giant Pertamina, blamed a dearth of oil rigs for hampering efforts to achieve the 1 million barrels of oil per day (bopd) target.

The distribution of substandard steel could increase the risk of construction accidents and infrastructure failures, as well as hamper market competition.

The IDX Composite dipped by 0.17 percent to 7,123.61 following fluctuations on Tuesday while its international counterparts saw more positive trends.

Tourism minister said the plan was to finance the fund using the central government budget instead of collecting fees from tourists. 

The trade deficit in the electronic devices sector amounts to some US$2.1 billion, as most smartphones and other electronic devices in the country are imported. 

Indonesia has too many international airports due to government oversight, an expert says.

The credit rating agency suggested that new car purchases are unlikely to accelerate significantly for the rest of the year due to the central bank interest rate hike in April.

The issue centers on whether Boeing undertook required inspections to "confirm adequate bonding and grounding where the wings join the fuselage on certain 787 Dreamliner airplanes," the Federal Aviation Administration said in an email.

Asian shares made 15-month highs on Tuesday on renewed confidence of US interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen.

Buoyed by elevated domestic consumption during the Islamic festive season and the presidential election, Indonesia’s economy again exceeded expectations with GDP growth of 5.11 percent in the first quarter.

The IDX Composite kicked off the new week with a slight 0.02 percent uptick on Monday, buoyed by Indonesia’s strong economic performance in the early months of 2024.

Indonesia still lacks the aluminum smelters and alumina refineries needed to support its downstream vision.

Industry association Aprisindo has noted that although Bata had closed its Purwakarta factory, the manufacturer was continuing to produce its branded footwear through contractual agreements with third-party factories.