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View all search resultsTo make the scheme financially viable, the government has set a domestic reference price for nonsubsidized diesel at Rp 18,600 per liter, based on average production costs.
11 hours agoIn the first and second weeks of July, average daily transactions reached only Rp 10 trillion to Rp 11 trillion, down sharply from more than Rp 22 trillion in June 2026. ...
12 hours agoFrench companies are leading two of the eight selected consortia, while Chinese firms will participate in at least four projects, including two as consortium leader. ...
13 hours agoStocks fell and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the US was reinstating its blockade of Iranian shipping in the Gulf and would collect a 20 percent fee on cargo traversing the Strait of Hormuz.
16 hours agoProducers say this year's additional demand is manageable, but stagnant yields, lower exports and shrinking biodiesel funds could challenge the mandate.
17 hours agoS&P Global has maintained Indonesia’s sovereign credit rating at BBB with a stable outlook.
1 day agoEnvironment Minister Mohammad Jumhur Hidayat said the regulation would require around 10,000 large manufacturers to allocate funds for waste management through independent organizations known as packaging recovery organizations (PROs).
1 day agoCooperatives Minister Ferry Juliantono stated that the move is part of the broader efforts to scale up cooperatives to be on par with state-owned enterprises (SOEs) or private businesses.
1 day agoOil prices jumped more than four percent Monday after another flare-up between the United States and Iran that threatened their already fragile truce, while Seoul led losses in most Asian stock markets as tech firms suffered another selloff.
1 day agoAn inherent supply-demand gap in the HGBT policy and a disconnect in the domestic supply chain are just a couple of issues that the government must address to ensure sustainability in the long term, says a forum for industrial LPG customers.
1 day agoThe planned Indonesia International Financial Center (PFII) will attract massive foreign capital inflows, the government has claimed, but economists view that as a long-term aspiration rather than a realistic near-term goal, pointing to the challenges of taking on global hubs with long-term track records.
2 days agoBy the senior economy minister's estimates, the project could cost up to $720 million in total to expand capacity from 580 MW at present to the targeted 1.3 GW at around $1 million per MW, though he did not say how much of that might be footed by the American chip-making giant.
2 days agoThe National Press Club urged the Justice Department to "immediately" withdraw the subpoenas.
2 days agoLaunched on Tuesday and integrated into the Meta AI chatbot, Muse Image can use photos as input and allows users to edit AI-generated images directly through sketches.
3 days agoUnder chairman Chey Tae-won, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology, with the wager eventually paid off as HBM became a critical component in Nvidia's AI accelerators.
3 days agoBank lending to micro, small and medium enterprises (MSME) remains sluggish despite multiple policy efforts to invigorate the segment. Analysts blame weak consumer spending power and the risky credit profile of many small businesses.
3 days agoThe directorate general of highway construction at the Public Works Ministry stated that it received a proposal to postpone new road construction for next year because of the limited available budget.
4 days agoIndonesia officially launched its latest biodiesel blending mandate on Thursday, requiring a fuel blend of half palm-based diesel and conventional diesel known as B50, as President Prabowo Subianto pushes to cut fuel imports and achieve energy self-sufficiency. The rollout of the new blend will raise domestic palm oil demand.
4 days agoThe board’s decision reflects confidence in Sinha's leadership, strong performance and delivery of Indosat's AI-led transformation.
4 days agoA policy brief released on Thursday has warned against the “illusion of cheap coal-fired power” created by the domestic price cap and the continued reliance on fossil fuels threatens to derail the country's energy transition goals.
4 days agoAsian stocks rose sharply on Friday, led by chip and AI firms as investors brushed off concern over the stalled recovery of energy supplies through the critical Strait of Hormuz, with tit-for-tat attacks escalating between the United States and Iran.
4 days agoInvestors continue to face overlapping procedures involving multiple ministries and regional governments, which create uncertainty over land rights, permits and environmental approvals, according to the Indonesian Industrial Estate Association (HKI).
4 days agoCentral bank indexes measuring consumer confidence and retail sales both dipped in June, pointing to ongoing weakness in household spending as a key pillar of Indonesia’s economy.
5 days agoThe Pertamina Pride, carrying 2 million barrels of Saudi Arabian crude loaded in early March, cleared the Strait of Hormuz on Wednesday after departing the Arabian Gulf a day earlier, according to Pertamina's shipping subsidiary.
5 days agoIndonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall.
5 days agoThe panel upheld one Indonesian complaint, concluding that the European Commission failed to correctly convert the currency of certain transactions.
5 days agoThe finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.
5 days agoAsian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.
5 days agoThe Indonesia Stock Exchange (IDX) Composite index is expected to rebound in the second half as easing MSCI concerns, fiscal stimulus and attractive valuations lift investor sentiment, but policy uncertainty and external risks could temper gains.
5 days agoIndustry association, experts call for transparent, fair law enforcement to ensure legal certainty, market confidence and sustainable electricity in Indonesia.
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