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Coal tycoon Andi Syamsuddin Arsyad, better known as Haji Isam, is considering acquiring Eramet SA’s stake in one of the world’s largest nickel mines, Bloomberg reported, in a move that would mark the billionaire’s second major deal this year.
1 hour agoIndonesia’s sovereign wealth fund is investing under a partnership with the Singapore-based solar and wind developer in projects at home and in the Philippines as part of a wider aim to accelerate the region's energy transition. ...
2 hours agoThe agreement, touted as one of the largest transactions to date under Article 6.2 of the Paris Agreement, targets the sale of 12 million tonnes of carbon dioxide equivalent by 2038. ...
4 hours agoGlobal stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.
7 hours agoThe state asset fund plans to increase overseas investments and establish offices in major financial hubs, even as experts question whether its expanding international footprint will deliver enough benefits to the domestic economy.
10 hours agoPresident Prabowo Subianto plans to start preliminary talks with his Chinese counterpart Xi Jinping on a Comprehensive Economic Partnership Agreement (CEPA) between the two countries on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.
22 hours agoThe Indonesia Stock Exchange (IDX) has tightened its screening mechanism to identify stocks with high shareholding concentration (HSC) in its latest push to improve market transparency, raising the number of stocks classified under the category to 383.
1 day agoPT Perusahaan Gas Negara (PGN) is preparing its 34,267-kilometer infrastructure network to support biomethane transmission for its renewable gas business.
1 day agoGovernment projects, including facilities for the free nutritious meal program and Red and White Cooperatives, have driven demand for bulk cement, while sales of bagged cement, commonly used for homebuilding and renovations, have slowed.
1 day agoWIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.
1 day agoGlobal bonds tumbled and the dollar stayed firm after a hot United States inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.
1 day agoAround 202,000 hectares of land and forest had burned by July, according to data from the Forestry Ministry.
1 day agoAKR Corporindo has agreed to acquire the British energy giant's 49.9 percent stake in their fuel retail joint venture for $14.22 million.
2 days 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.
2 days 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 days 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.
2 days 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
2 days 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.
2 days 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.
2 days 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.
2 days 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.
2 days 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.
3 days 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.
3 days 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.
3 days 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.
3 days 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.
3 days agoFinance Minister Suahasil Nazara emphasized the need to grow investment by 7 percent to help reach the country’s gross domestic product target.
4 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.
4 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.
5 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.
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