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Indonesian products may lose their US markets to other countries with lower tariffs and better cost of doing business, according to the Indonesian Employers Association (Apindo).
8 hours agoHow BSD City and D-HUB SEZ are helping shape Indonesia’s journey toward Indonesia Emas 2045 ...
10 hours agoThe public housing minister is doubling down on protecting consumers of the delayed multi-project LRT City development, calling on stakeholders to suggest solutions while urging an investigative audit by the BPK to assess the actual condition of state-owned developer ACP. ...
12 hours agoThe real challenge facing policymakers in the second half of the year is not simply between stability and growth, but whether they can maintain the former toward the latter so as to nurture confidence in Indonesia's economy.
13 hours agoThe state asset fund will simply join next Monday's KSSK meeting as an "invitee" without voting rights, the finance minister has explained, citing the P2SK Law as permitting its participation, but at least two top economists are skeptical that its very presence and inputs might color the committee's decisions.
14 hours agoOil prices jumped after fresh attacks in the Middle East shattered the relative calm of recent days in the US-Iran war as investors fret about the impact of depleting supplies on prices and global rates.
16 hours agoSK hynix is a specialist supplier of high-bandwidth memory chips to US industry behemoth Nvidia and a pillar of South Korea's tech-led economy.
18 hours agoCoordinating Economy Minister Airlangga Hartarto said that government’s long-delayed EV incentives would be tied to “the development of the national electric motorcycle and car projects.”
21 hours agoScience-based nutrition is helping Indonesia tackle iron deficiency anemia, one of the country's biggest threats to children's future health, learning and productivity.
1 day agoThe inclusion of state asset fund Danantara in the Financial System Stability Committee (KSSK) on the same day Perry Warjiyo's exit was announced further fueled concern over political intervention.
1 day agoThe senior economy minister says Jakarta has submitted a request to Washington that Indonesian palm oil be exempted from Trump's latest tariff regime, even as the country remains subject to a separate US probe into alleged excess manufacturing capacity.
1 day agoMarcos made the suggestion in a wide-ranging State of the Nation speech that placed spiralling energy costs and inflation, driven by the war in the Middle East, centre-stage.
1 day agoIf not corrected, the seats could injure passengers and crew members during an emergency landing or block the aisle and slow an evacuation, the agency said.
1 day agoThe journey of an AQUA bottle begins long before it reaches consumers, with protected mountain ecosystems, advanced science, and a nationwide distribution network working together behind the scenes.
1 day agoLocal soybean farmers have produced just 8 percent of national demand over the past five years, according to a senior food official, who also said the government was cooking up a variety of strategies, including a targeted subsidy, to boost output to accelerate its self-sufficiency agenda.
1 day agoBank Indonesia has been under pressure to support Prabowo's big-growth agenda, even as the rupiah slid to an historic low in June amid concern over Indonesia's fiscal management and central bank independence.
1 day agoSK hynix and Samsung lost around 13 percent, dragging the Kospi index down 10.2 percent, having earlier been paused for a 20-minute circuit-breaker.
1 day agoMost of Australia's domestic oil refineries were built during the 1950s and 1960s, but high operating costs and the emergence of large refineries across Asia forced many to shut down over the past three decades.
1 day agoIndonesia recorded 32,389 layoffs in the first half of this year, with nearly one-fifth of the job losses occurring in West Java.
1 day agoIndonesia's automotive market is not in decline but is undergoing a reset. While higher interest rates and affordability pressures have softened new-car sales, the market's long-term fundamentals remain intact. Electrification, urbanization and manufacturing investment are reshaping the industry and creating the foundation for its next phase of growth, according to Lukmanul Arsyad, an Industrials & Services Leader and Partner at PwC Indonesia.
2 days agoEconomists noted that Perry's successor must be a respected technocrat with deep monetary-policy experience and sufficient independence from political interests.
2 days agoDesignated a National Strategic Project (PSN), the smelter is designed to process up to 900,000 tonnes of concentrate annually from the Batu Hijau and, in later, Elang mines.
2 days agoThe company had previously failed to make the payment, valued at Rp 24.12 billion (US$1.4 million), which fell due on July 7, prompting the KSEI to postpone the distribution of returns to sukuk holders.
2 days agoProtests over a data center complex in Johor state's southern tip — the epicenter of the boom — were the first of their kind in the country. In Selangor, the richest and most populous state, debate about the burden on communities has become politicized.
2 days agoConcerns about the sustainability of the AI boom and questions over the eye-watering sums pumped into the sector continue to dog traders, as tech firms bear the brunt of selling.
2 days agoPerry's departure comes just weeks after BI aggressively tightened monetary policy, raising its benchmark interest rate by a cumulative one percentage point to 5.75 percent through three hikes in the span of four weeks during May and June.
2 days agoCost is the major challenge facing the government's hydrogen vehicle ambition, primarily stemming from a need to develop systems that can produce cheap green hydrogen and the stark affordability of battery electric vehicles today.
3 days agoA previous JETRO survey conducted in August and September of last year found that over a third of Japanese companies in Indonesia projected an increase in profits this year and everything shifted after the war began.
3 days agoThe announcement was made as President Lee Jae Myung visited San Francisco for talks with the heads of major US technology companies, including OpenAI CEO Sam Altman and Nvidia's Jensen Huang.
3 days agoIn the United States, Boring Company runs the Vegas Loop in Las Vegas, Nevada, which began transporting passengers in 2021.
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