Bali Governor I Wayan Koster attributed the decline to a reduced number of domestic flights, noting that several aircraft operated by national flag carrier Garuda Indonesia and its subsidiary Citilink are currently undergoing maintenance  

GSM, officially known as Green and Smart Mobility JSC, is targeting a valuation of US$2 billion to $3 billion in the initial public offering that could take place in late 2026 to early 2027, two sources said.

Asian stocks were at six-week highs on Monday, while the dollar hovered near its lowest in almost three months on expectations of the Federal Reserve cutting interest rates next year, which have also sparked a fierce rally in precious metals.

As part of broader efforts to strengthen child protection in the digital space, the Indonesian government is preparing to impose restrictions on children’s and adolescents' access to social media starting in 2026.

The first full year under the leadership of President Prabowo Subianto was marked by pronounced changes in budget allocations and a shift toward pro-growth fiscal policy, but amid external and internal challenges, this has yet to reflect in GDP figures.

The chief negotiator for Jakarta’s reciprocal tariff deal with Washington says the US tariff exemptions apply to natural resource commodities, hence textiles and textile products are excluded by default.

China's foreign ministry announced sanctions on Friday targeting 10 individuals and 20 US defense firms, including Boeing's St. Louis branch, over arms sales to Taiwan.

The Japanese government approved a record budget for the upcoming fiscal year on Friday, to pay for everything from bigger defense spending to ballooning social security costs as inflation persists.

Among the non-essential expenditures targeted by the joint circular signed by the finance and home ministers are ceremonial activities, official trips with “non-measurable” outputs and regional grants disbursed to other institutions.

The national steel industry had been operating at only around 50 percent of its capacity amid a sharp global decline in demand and import influx from China, according to the Industry Ministry.

The incident is the latest in a series of rejected shipments following contamination alerts, with authorities previously identifying at least 24 companies in and around KIMC as having been exposed to Cs-137.

The East Asian superpower has the world's largest rail network – one-fifth longer than the circumference of the earth.

Starting April 2026, the government will not roll out diesel fuel import allocations for private companies, as it anticipates a surplus of approximately 4 million kiloliters of the fuel driven by the upgraded Pertamina refinery and B50 biodiesel policy.

Major US stock indices finished at fresh records Wednesday following a shortened pre-holiday session while gold and silver prices also struck fresh highs.

Asian markets went into the Christmas break Wednesday on a mixed note as investors struggled to track a record day on Wall Street fueled by forecast-topping US economic data.

Named FiberCo, the new joint venture is to operate an 86,000-kilometer open access network to ready the country for the AI era.

As the world moves toward the era of Society 5.0, technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) are becoming deeply embedded in everyday life. But as digital adoption accelerates, so does the need for robust cybersecurity—especially in countries like Indonesia, where recent breaches have underscored the urgency of digital defense.

GoFood officially released Kilas Balik 2025 (GoFood 2025 Recap), a year-end roundup that captures how Indonesians ate, snacked and sipped their way through 2025. The report captured tasty snapshots of Indonesia customers' culinary preferences - comfort food and familiar flavors remain the go-tos, but drinks are where people are keen to explore, experiment and follow the latest trends.

The US dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.

Retailers are seeing a later-than-usual pickup in seasonal sales this year as consumers appear more cautious with their spending, while industry associations say the delayed momentum could carry over past the year-end and into early 2026.

The agreement, which is expected to be signed by President Prabowo Subianto and his United States counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.

Indonesia has signed a free trade agreement (FTA) with the Eurasian Economic Union (EAEU) to diversify exports and secure a stronger foothold in a promising “nontraditional market” of nearly 200 million people.

The United States wants access to Indonesia's critical minerals and has agreed to give tariff exemptions to its palm oil, tea and coffee, says senior economic minister Airlangga Hartarto. 

The past three years show that Indonesia’s consumption has moved through distinct phases, shaped not only by how much people spend, but by how they choose to spend it.

The extension secures BUMA Australia’s operations at the Blackwater Mine in Central Queensland’s Bowen Basin, one of Australia’s largest open-cut metallurgical coal operations, providing pre-strip services through to June 2030.

Oracle tech tycoon Larry Ellison is offering a US$40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.

Equities extended a global rally Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors prepare for the festive break on a positive note.