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South Korean investment in Batam surged to Rp1.175 trillion (US$65.1 million) in the first half of 2026, making the country the island’s third-largest foreign investor. BP Batam is now seeking to build on this momentum by promoting opportunities in aviation, logistics, electronics and other strategic industries.
1 hour agoThe push comes as nickel producers at the Morowali Industrial Park (IMIP), including Tsingshan, prepare coordinated output cuts amid falling prices and rising operational costs. ...
1 hour agoA VAT waiver is offered for domestic economy class flights during the Christmas and New Year holiday period. ...
3 hours agoTo navigate these headwinds, the city-state is strengthening the diversity of its energy sources, and taking steps to ensure it has the infrastructure required to support them, he said at the opening of the Singapore International Energy Week conference at Marina Bay Sands.
6 hours agoMajor currencies traded in tight ranges on Monday to begin a busy week of central bank decisions and corporate earnings, while a pullback in oil prices and Treasury yields weighed on the dollar.
7 hours agoVillages are beginning to understand that fire prevention and awareness are not just the responsibilities of firefighters.
8 hours agoIndonesia needs to work on "the sequencing and design" of its local content rules to encourage the development of domestic manufacturing capabilities while attracting investment to its EV sector, according to Arthur D. Little.
11 hours agoCoordinating Downstream and Energy Transition Minister Bahlil Lahadalia said that the government would evaluate contracts with countries that did not “show respect” to Indonesia.
21 hours agoBank Indonesia has revealed that MSCI’s warning sparked immediate capital outflows from the bond market but had only a limited effect on the rupiah exchange rate.
1 day agoUnited States President Donald Trump announced on Saturday that Audi plans to build a US$4 billion assembly plant in Georgia that will produce 200,000 SUVs annually, as he seeks to convince Americans to back Republicans in the Nov. 3 midterm elections.
1 day agoIndonesia cut exports of natural gas to Singapore on Saturday to prioritize domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago.
1 day agoOpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet access in September.
2 days agoOil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 a barrel as the Middle East conflict raged on.
2 days agoIndustry representatives estimated that Bulog needed to build factories with production capacity of 1,500 to 2,000 tonnes per month and a workforce of 1,000 to 1,500 people, if it wanted to pursue the plan.
2 days agoThe government is stepping up efforts to shift toward more targeted direct cash transfers as part of its social protection system, while looking to expand access to financial services to improve household welfare.
2 days agoNatural gas production from East Kalimantan's offshore region is targeted to increase to about 750 million standard cubic feet per day (mmscfd) starting Nov. 1, driven by an additional supply of about 290 mmscfd from JNE#6 and the development of the Maha-South Hub field.
3 days agoAccording to the business chamber, only around one-third of businesses planned to invest in the near future, while others are taking a wait-and-see approach.
3 days agoSK Hynix on Friday put on hold a planned listing in the United States for its Solidigm chip unit due to market volatility — a move which also comes after South Korean authorities raised concerns that the deal could undermine shareholder interests.
3 days agoGovernment agencies and major organizations in the US, UK, EU, Singapore and Japan have been treating PHP2Shell as a global cybersecurity emergency and have taken websites completely offline as a precaution while applying security fixes.
3 days agoAsian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.
3 days agoAs one of Indonesia Eximbank’s flagship programs, the Coaching Program for New Exporters (CPNE) initiative is aimed at Indonesian businesses that have never directly exported before, with an expected output of new exporters, new products, or new markets.
3 days agoThe country’s installed capacity stands at about 468 megawatts, with more than 1.5 gigawatts under construction and another 4.6 GW in the pipeline.
3 days agoIt posted a negative return of 0.5 percent in the quarter, dragged down by a negative return of 3.5 percent in its fixed-income investments, while its equity and property portfolios increased by 0.5 percent and 0.4 percent respectively.
4 days agoPHP helps run about 70 percent of the world's websites -- from online stores and news outlets to government services -- according to Wiz Research, one of the cybersecurity firms that found the two flaws.
4 days agoThe government is considering halting natural gas exports to neighboring countries as Coordinating Downstreaming and Energy Transition Minister Bahlil Lahadalia says Indonesia must prioritize domestic needs as it enters what he described as “survival mode.”
4 days agoA Fitch statement released on Wednesday forecast Indonesia's GDP growth would likely hover around 4.9 percent in 2027 and 2028, nowhere near the President’s ambitious 8 percent target despite an upward revision from an initial projection of 4.7 percent.
4 days agoGovernment websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators around the world scrambling to protect their systems.
4 days agoThe Indonesian National Air Carriers Association (INACA) said airlines had limited flexibility to cut costs during the disruptions, as safety remained paramount and some operating expenses continued even when flights were grounded.
4 days agoMSCI ratcheted up the pressure on Jakarta by announcing that it could demote Indonesia's equities to "standalone" market status, claiming the country had not done enough to crack down on coordinated trading practices in its stock market.
4 days agoThe 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.
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