Annual growth in outstanding loan at peer-to-peer lending firms also slowed to 17.02 percent in September from 22.07 percent in August.  

A month since the SDI was passed on Oct. 6, the clock is ticking as it counts down to the government's two-month deadline to produce implementing regulations on integrating data from across multiple institutions.

The Nasdaq Composite fell 5.5 percent on investor fears that the Democratic Party's sweeping midterm victory could stall AI infrastructure expansion and force a reckoning for smaller firms whose capacity to raise funds has already been limited by higher interest rates and tighter financial conditions.

Asia's tech-heavy markets sank on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest fall in US stocks since the tariff-triggered "Liberation Day" rout a year and a half ago.

An improved trade balance has helped Indonesia achieve strong gross domestic product growth in the third quarter, even as consumer spending and business investment slowed down from the preceding three months.

Household expenditure, the largest contributor to the growth, climbed five percent on-year, while investment jumped 6.1 percent.

A senior minister highlighted the significant price gap between what Indonesia receives for selling commodities to neighboring countries and the prices at which they are eventually traded in their destination markets.  

Democrats' resounding sweep to a majority in Congress gives them a big microphone and spotlight to scrutinize President Donald Trump's trade policies, but largely leaves them unable to override his veto on any vote to overturn his tariffs or rescind trade authorities, trade and legal experts said on Wednesday.

As factories embrace automation and high-tech manufacturing, workers are at risk of being left behind unless the government adapts vocational training to changing labor demands.  

Foreign investors stepped up their selling on Tuesday as news of the wiretapping case began circulating, recording net sales of Rp 575 billion (US$31.7 million) as the IDX Composite Index tumbled 3.78 percent.  

Malaysia accounts for more than half of under-construction data center capacity among Southeast Asian countries, including Indonesia, Thailand, the Philippines and Vietnam.

Nickel industry group warned that if the fee is too high, it could eat into companies’ margins and reduce the price competitiveness of local commodities in overseas markets.  

Finance Minister Suahasil Nazara has projected that this year’s gross domestic product growth will touch 5.4 to 5.5 percent, in line with the state budget plan.

NTT Data's expansion comes as demand for data center capacity rises in Indonesia, fueled by accelerating AI development.   

Launched by Sinar Mas Land’s sector-agnostic corporate venture capital firm Living Lab Ventures, Innolab aims to help global companies build tangible and sustainable business opportunities in the Indonesian market.

Investors faced the potential for tougher regulation and oversight in areas such as AI as well as for legislative gridlock that could complicate the fiscal picture, as Democrats gained ground in the battle to wrest control of Congress from the Republicans.

Many businesses do not expect to take advantage of the free trade agreement immediately, as it may take between six and 18 months before they can penetrate the European Union’s common market.  

Analysts question whether the current approach will deter future misconduct or simply lead wrongdoers to treat fines as just part of the cost of doing business.  

The Indonesia Stock Exchange (IDX) Composite Index has fallen more than 40 percent since the beginning of the year, making it the world’s worst-performing bourse.

Indonesia cannot yet export electricity, Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia said, prioritizing domestic demand and urging Danantara Indonesia not to “give in to lobbying."

According to Statistics Indonesia (BPS), smallholders tend 99.6 percent of its cocoa area, 98.6 percent of its coffee, 91.3 percent of its rubber and 43.9 percent of its oil palm, and most of this land is yet to be registered.

From Sept. 26 to Oct. 26, OPPO Indonesia’s month-long campaign with Make Over offers customers a “glow-up” experience for themselves and their smartphones.

S&P 500 slipping 0.5 percent as tech sector earnings weighed on investor confidence, even as data showed US manufacturing activity picked up in October amid strong domestic demand.

October’s volatile food inflation stood at 5.81 percent, continuing an upward trend that began in July.

September's narrow trade surplus, which included an energy deficit of $2.31 billion due to a 37 percent jump in refined petroleum products, may shrink further on an anticipated rise in energy demand toward the year-end.

Despite stronger production, employment increased only marginally in October, according to the S&P Manufacturing Purchasing Managers’ Index (PMI), with job creation slowing from September.

The Indonesia Stock Exchange (IDX) officially began excluding stocks with high shareholding concentration (HSC) from its benchmark index calculation on Monday as part of broader efforts to improve market quality.