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The OJK as well as industry observers have welcomed the Finance Minister's move to extend the liquidity injection policy for another six months in a bid to generate higher loan growth, while suggesting that a subsequent extension could be on the books when the current period ends in March.
9 hours agoBrent crude jumped 10 percent to about US$80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war. ...
10 hours agoLocal think tanks are weighing in on the limited policy space and domestic benefits of the new US-Indonesia trade deal, even as businesses and policymakers wait to decide next moves amid the limbo left by the US Supreme Court's ruling. ...
17 hours ago"Garuda Indonesia continues to actively coordinate with aviation authorities and relevant stakeholders to monitor the evolving situation," the company said in a statement Sunday.
19 hours agoMultiple vessels in the area have received VHF transmission from Iran's Revolutionary Guards that "no ship is allowed to pass the Strait of Hormuz".
22 hours agoTrump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.
1 day agoThe administration argued Friday for a delay of up to four months, before litigation on refunds is brought up again before the US Court of International Trade.
1 day agoAn analysis by Mandiri Institute showed that 72.3 million people experienced a talent mismatch last year, meaning their education levels did not align with their job requirements.
1 day agoS&P Global Ratings warned that escalating debt-servicing costs are increasing the risks to Indonesia’s sovereign credit profile and could trigger a negative rating action if sustained.
2 days agoThe approval was made "on the condition that strict security requirements are met," the Ministry of Land, Infrastructure and Transport said in a statement.
2 days agoThe coal price cap for power plants is set lower than that for cement factories and mineral smelters, leaving them with the lowest priority among suppliers.
2 days agoParamount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
2 days agoUncertainty surrounds the rollout of the Red and White Cooperatives (KDMP) program as village cooperative managers grapple with changing regulations and unclear funding.
3 days agoLast year, PT Tamaris Hidro acquired Batu Gajah hydroelectric power plant in Langkat regency, North Sumatra, which has a total installed capacity of 16 megawatts (MW) across three units.
3 days agoLast year, online transportation aps determined the bonus based on driver activity, the number of completed orders, online hours and performance ratings.
3 days agoNew data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.
3 days agoAsian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan.
3 days agoIndustry players warn that a push to diversify investment in Indonesia’s minerals sector under the Agreement on Reciprocal Trade (ART) signed with the United States last week must not disrupt the nickel ecosystem.
3 days agoState-owned Agrinas claimed that domestic manufacturers were unable to fulfill the large-scale orders within the specified timeframe, while local industry stated otherwise.
4 days agoFollowing the expiry of the Feb. 24 implementation deadline, the government is preparing to assess the EU's compliance with a 2025 WTO dispute ruling over its discriminatory policies against Indonesian palm oil.
4 days agoINA CEO Ridha Wirakusumah completed his term on Feb. 15, and a successor has yet to be appointed, while chief risk officer Thomas Oentoro left last October to join national flag carrier Garuda Indonesia.
4 days agoRising demand from hydropower plants, floating solar plants and data centers is intensifying supply pressure, highlighting the need for accelerated investment in dams, reservoirs and distribution networks.
4 days agoWhy disasters require timely recovery spending, and what the Sumatra disaster reveals about the limitations of budget orthodoxy
4 days agoGerman Chancellor Friedrich Merz touched down in China on Wednesday, beginning his inaugural visit to his country's largest trade partner and a high-tech rival as Europe's biggest economy struggles.
4 days agoIndonesia targets sugar self sufficiency for household consumption for 2028, followed by industrial refined sugar by 2030, while industrial salt sufficiency is set for 2027.
4 days agoAmid rapid digitalization, law firms are transitioning from traditional models to modern, technology-driven and client-centric practices to meet growing demands for faster, safer and more effective legal services. For Soemadipradja & Taher (S&T), this transformation has materialized in the relocation of its Jakarta office alongside a comprehensive brand refreshment initiative aimed at strengthening competitiveness and ensuring long-term sustainability.
5 days agoIndonesian exporters are worried that new United States import tariffs will reduce demand for their products in the world’s largest consumer market, starting Tuesday.
5 days ago"Any Country that wants to 'play games' with the ridiculous supreme court decision, especially those that have 'Ripped Off' the USA for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to," Trump wrote on social media.
5 days agoCK Hutchison objected Tuesday to the takeover, which it called "unlawful" and said raises "serious risks to the operations, health and safety" at terminals."
5 days agoEnvironment Minister Hanif Faisol Nurofiq is considering revoking the environmental license for PT QMB New Energy Materials, a tenant at the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi, following a fatal workplace accident and allegations of unlicensed waste dumping.
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