According to a Bloomberg report on Wednesday, citing unnamed sources, the INA has appointed investment banker Oki Ramadhana as its new chief executive officer.

Better-than-expected exports and China's domestic fuel-pricing controls have helped weather the energy shock, but higher input costs threaten to squeeze already weak factory margins and further dampen consumer spending if the conflict drags on.

The Indonesia Stock Exchange (IDX) Composite index plunged as the market opened on Monday, extending its downward trend following the MSCI index rebalancing announced last week.

Signs of a flight to safer assets also emerge in the first quarter as rupiah weakness and heightened uncertainty prompt people to diversify wealth and seek protection from depreciation.

President Prabowo Subianto has downplayed the depreciation of the rupiah with statements economists say may send a dangerous signal to the market, potentially dealing a further blow to the currency.

Nusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification

Danang Girindrawardana, executive director of the Indonesian Textile Association (API), said that local business community had also conveyed similar complaints to the government but did not receive an adequate response.

Beyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.

Trump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited detail on concrete outcomes across trade and investment.

The state-owned electricity firm's power generation subsidiary, PLN IP, has signed an agreement with Bangladesh's Bay Group to explore renewable power development in the country, including opportunities to bid on national solar power projects.

Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.

A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? 

In a landmark trial, a Los Angeles jury on March 25 found Meta and Alphabet's Google negligent for designing social media platforms that are harmful to young people.

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

Retailers struggle to stay afloat as orders from government institutions evaporate, while workers with advanced degrees are not getting the jobs to match.  

The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

Biak was selected for its proximity to the equator and its direct access to the Pacific Ocean, allowing first-stage rocket boosters to safely fall into open waters after launch.

The statement came as the rupiah continued to face pressure, exceeding Rp 17,500 per US dollar and raising concerns over higher prices for imported food commodities, including soybeans, wheat, raw sugar and garlic.

The government has secured a fresh commitment from Russian oil and gas firm Zarubezhneft to resume the long-stalled Tuna Block project in the Natuna Sea, with operations to restart next month.

United States President Donald Trump said he had made "fantastic trade deals" with China's Xi Jinping, as the pair met on Friday at final talks of a superpower summit, but the news gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and over the US war with Iran.

A lawyer for Elon Musk hammered at the credibility of OpenAI CEO Sam Altman on Thursday, near the end of a trial over whether to hold the ChatGPT maker and its leaders responsible for allegedly transforming the nonprofit into a vehicle to enrich themselves.

The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.

Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the Middle East war, the International Energy Agency said Wednesday.

Buyers in Indonesia, the world's second-largest wheat importer, last week signed deals to purchase at least 150,000 tonnes of new-crop Black Sea wheat for July shipment, while Thai millers booked 125,000 tonnes of US wheat, two Singapore-based traders said.

President Donald Trump and an entourage that included Nvidia's Jensen Huang and Elon Musk were greeted with a lavish welcome in Beijing on Wednesday as he prepared to ask China's Xi Jinping to "open up" to US business at the start of their two-day summit.

The Indonesian currency hit a new historic low two weeks ago and is trading near 17,557 per US dollar as global uncertainty mounts.

The benchmark index dropped 1.98 percent to 6,723.32 when the market closed on Wednesday. It has declined by more than 20 percent since the beginning of the year.