Strong investment in AI infrastructure is keeping global growth at around 3 percent, yielding major benefits for many Asian economies that supply the hardware, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.

The talks reflect growing government concerns about the financial health of the country's largest domestic carrier following a spike in jet fuel prices, the people said.

The dollar held ground near its strongest level in a year and a half in early Asian trade on Monday as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that will influence monetary policy.

The concern follows West Java Governor Dedi Mulyadi’s decision to temporarily halt construction of a BDx data center in Jatiluhur, West Java, despite having attended the project’s groundbreaking ceremony on July 28. 

Harness engineering is a method to build the software tools, guidelines and feedback mechanisms around an AI model to help it operate as a reliable, autonomous agent.

Indonesian consumers remain broadly optimistic about future economic conditions despite dipping 0.4 points in September, BI has said in a note accompanying its latest survey.

China and the European Union can avoid "escalation" in various contentious disputes, Beijing said on Saturday, as worries of a damaging trade war simmer.

Daggers have been drawn over the European Union's next seven-year budget, with Germany and France at loggerheads over whether Brussels should make deep cuts in a battle increasingly expected to overshoot the end of the year.

The Jakarta service represents a significant milestones in Riyadh Air’s rapid expansion across Asia and brings Riyadh Air’s total destinations on sale to 16.

The Finance Ministry has announced mandatory belt-tightening in government institutions but at the same time insists that budget execution is on course to meet the fiscal plan for this year.

The new CEO replaced Glenny H. Kairupan, a retired military officer and member of President Prabowo Subianto’s Gerindra Party who held the airlines' top position for only a year.  

The President launched on Thursday 11 downstream nickel and aluminum projects at the industrial park on Weda Bay in North Maluku, as part of the ongoing drive to turn the country into a major battery manufacturing hub amid the global EV boom.

The first phase of the facility occupies 2.5 hectares of GCPI’s total 5.5-ha site in Kendal, serving as a manufacturing hub for household insecticides for both Indonesian and export markets.

In the circular letter, Suahasil ​Nazara ordered civil servants to prioritize online meetings and to halt any procurement of new ​vehicles, as well as the construction or renovation of official residences and buildings.

From toll roads and data centers to geothermal energy, healthcare and battery materials, INA is putting long-term capital behind Indonesia’s future.

Labor unions hail the new legislation as a win for workers, thanks to more rigid arrangements on contract work, outsourcing, layoffs and severance payments.

Indonesia needs to carefully plan where data centers can be located and avoid excessive concentration, as more than 60 percent of the country’s data centers are concentrated in just two locations, Greater Jakarta and Batam.

Nickel prices fell to a year-to-date low of US$15,510 a tonne on Oct. 2, with further downside risks likely to hinge on Indonesia’s nickel supply policy, according to Fitch’s BMI Research.  

Forestry think-tank Auriga Nusantara estimates that forest loss in Indonesia surged by 66 percent in 2025 to 433,751 ha, its highest level in eight years, with more than 78,000 ha linked to food and energy self-sufficiency programs.

Anxiety returned as figures showed Tehran had increased strikes on tankers in the Strait of Hormuz, Houthis rebutted claims they had lost key territory and top oil officials warned that global reserves were running worryingly low.

Indonesia’s foreign exchange reserves have declined slightly as Bank Indonesia (BI) battles fresh bouts of rupiah volatility.

The Indonesia Stock Exchange (IDX) is cautiously reintroducing short-selling in equities in a move to improve liquidity on the local bourse, but the measure could have negative side effects unless it comes with stringent regulatory enforcement.

The plan to integrate the operations of private lender Bank Danamon with the local branch of Japan’s MUFG Bank comes as Indonesia’s Financial Services Authority (OJK) pushes for further consolidation to improve efficiency in the domestic banking industry.  

Analysts warned that the change could signal less emphasis on non-mineral industries such as textiles and footwear, while the energy transition could take a back seat when it conflicts with the government’s increasingly dominant downstreaming agenda.

Indonesia’s publicly listed firm PT Energi Mega Persada, part of the Bakrie Group conglomerate, also joined the deal with a $200 million investment, bringing the total investment in the US company to $450 million.

The global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday.

Though details are still being ironed out, the subsidy plan aims to ease price-related pressures on soybean importers while ensuring their availability and affordability, including for consumers of tofu and tempeh.