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The newly acquired land is intended for future expansion of the Bait Jemaah complex, an integrated development for serving haj pilgrims from Indonesia and elsewhere, from accommodation to retail services.
1 hour agoBank Indonesia (BI) has kept its benchmark interest rate unchanged even though it expects the United States Federal Reserve to pursue a tight monetary policy. ...
3 hours agoThe finance minister has checked the government's latest move to try and expand the role of the flagship cooperatives program by doubling down on the current mechanism of bank transfers to pay civil servants' salaries. ...
3 hours agoPertamina also recently increased Biosolar distribution by 20 percent in Padang, West Sumatra, to address long queues at gas stations that the company attributed to surging demand for subsidized fuel.
4 hours agoAsian markets rallied Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat earnings that lifted sentiment ahead of a crucial reporting season.
7 hours agoIn a reversal from last year’s tend, foreign direct investment (FDI) accounts for the lion’s share of realized investment in Indonesia so far this year, as domestic investors hold back.
20 hours agoIn response to the moves, the IDX Composite climbed more than 5 percent on Tuesday, rebounding from a nearly 15 percent drop over Friday and Monday.
22 hours agoFor many regions, ferries are not merely a transport option; they provide essential access to jobs, education, health care and markets. Ferry tariff policies must therefore do more than keep travel affordable. They must also ensure that operators can deliver reliable and safe services.
1 day agoIndonesian coal prices rose to US$154 per tonne for coal with a calorific value of 6,330 kcal/kg.
1 day agoJakarta's benchmark index rose 3 percent on Tuesday, after hitting a six-year low in the previous session as the world's worst-performing stock market this year dropped 14.8 percent over Friday and Monday.
1 day agoCrude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy.
1 day agoTwo years into Prabowo Subianto’s presidency, the economy is showing respectable growth and contained inflation despite global pressure, but many Indonesians say they struggle to secure higher incomes or better jobs.
1 day agoThe government said its decision to extend by two years deadlines originally set for October 2026, primarily for F&B and pharmaceutical, cosmetics and personal care goods, was based on input from various associations.
1 day agoProcurement and shipping of raw sugar from supplier countries such as Brazil, Australia and Thailand typically take one to two months from the time an order is placed until the vessel arrives.
2 days agoCooperatives Minister Ferry Juliantono previously said the initiative to involve cooperatives in the salary disbursement would be implemented this year as part of efforts to expand the role of cooperatives, particularly in financial services.
2 days agoFor several weeks, local palm oil mills have cut their fresh fruit bunch purchases because storage tanks are filled with processed oil they cannot ship out as a prolonged drought driven by "super El Niño" conditions has dried out the area's main transportation artery, the Kapuas River.
2 days agoJakarta's benchmark stocks fell over 5 percent in early trading on Monday after plunging 11.6 percent on Friday, as the world's worst performers reeled from index provider MSCI saying it was considering shifting Indonesia to "standalone" status from its current "emerging markets" mantle.
2 days agoDanantara claimed that it has submitted consolidated financial statements for 2025 to the Supreme Audit Agency (BPK) in July but had yet to publish them, despite pledging to do so this month
2 days agoAnalysts say Friday’s stock market rout was driven by panic-selling following MSCI’s consideration to reclassify Indonesian equities in its global indexes, pushing cumulative foreign outflows for the year to a historical high of Rp 88.19 trillion.
2 days agoIndonesia’s commodity supply chains, which serve both domestic and global markets, are ready to adopt sustainable practices, and industry players are being encouraged to recognize their importance.
3 days agoThe coordinating downstream minister says the government is aiming to restore the supply of subsidized Pertalite fuel so it would cover 20 days of demand, up from 16-18 days at present, which he noted was "still adequate".
3 days agoThe artificial intelligence boom has been a key driver of global growth, but also poses economic risks should investment in the technology falter, experts and policymakers said this week at the IMF-World Bank Annual Meetings in Bangkok.
3 days agoThe company agreed to conduct annual independent product safety testing to identify products containing dangerous chemicals and materials.
4 days agoE-commerce market in the region is projected to continue growing and reach over $400 billion by 2031.
4 days agoIndonesia is currently capturing only Rp 39.5 trillion, or 0.4 percent, of the estimated Rp 9.5 quadrillion in global sports tourism potential.
4 days agoThe initiative is part of Indonesia Eximbank’s broader effort to support capacity building and market access for national businesses, particularly through the promotion of high-quality Indonesian products with export potential.
5 days agoThe proposed 2026-2030 partnership with Fauji Foundation would cover plantations, processing facilities and logistics infrastructure, with Riau and West and Central Kalimantan among the potential development sites.
5 days agoThe Industry Ministry has pointed to a potentially diverging trend between industrial growth and job creation as expansion leans heavily toward the technology sector.
5 days agoMSCI’s latest proposal to reclassify Indonesia as “standalone market” is a fresh blow for the Indonesia Stock Exchange (IDX), which has observed its benchmark index moving downward since the global index provider first issued its transparency concerns in January.
5 days agoMSCI said investors had raised concerns about opaque ownership structures, concentrated shareholdings and suspected coordinated trading, which it said undermined the market's investability.
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