For Randy Lianggara, president of emerging markets Asia at Sun Life, Asia’s future will be shaped not only by economic growth and technology, but by the resilience, adaptability, empathy and human potential of its people

President Prabowo Subianto unveiled a subsidy program for 1 million locally made electric motorcycles in his Aug. 14 state budget address, pitching the scheme as a triple win for consumers, energy security and jobs.

The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.

The lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.

The President made no mention of the country’s future capital city under construction in East Kalimantan in his State of the Nation address last Friday.

Students gain practical knowledge and valuable experience as schools implement oil palm education into their curriculum

President Prabowo Subianto previously announced a plan to build 100 GW of solar power in the coming years, saying it could save the state up to Rp 73.9 trillion (US$4.14 billion) annually in electricity production.

The electronic detonator features programmable delay times for more precise blasting in underground mines, quarries and open-pit operations.

Bank Indonesia (BI) officially launched a domestic credit card for wider retail use on Independence Day, after years of preparation.

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.

President Prabowo Subianto announced that Indonesia will launch the Strategic Minerals and Commodities Exchange (BMKS), set to begin operations on Jan. 1 next year.

Finance Minister Purbaya Yudhi Sadewa has signaled that the subsidy program for electric two-wheelers will resume in September.  

Interim BI governor Destry Damayanti, widely expected to become the central bank’s chief soon, has conveyed a restrictive monetary policy stance in a turbulent global economy but also emphasized the need to push growth.

The Nusantara Capital City (IKN) Authority will direct most of its 2027 budget toward completing legislative and judicial complexes, as private investment also expands across the future capital.

The government is finalizing new rules for ride-hailing services, with a presidential regulation expected to be issued in September.

US President Donald Trump paused the planned rollout of new tariffs on Canadian goods late Tuesday, after negotiations between both countries that went down to the wire.

US, Japanese, German and French borrowing costs are at their highest levels in years or decades as debt levels in developed countries look increasingly unsustainable.

President Prabowo Subianto has announced that all government procurement will be conducted through the National Public Procurement Agency (LKPP), in a move he claims will save the state hundreds of trillions of rupiah and which will have a profound impact on the business landscape.

Analysts highlighted easing uncertainty following the assessment by global index provider MSCI, along with positive sentiment surrounding President Prabowo Subianto’s annual speech, as the main drivers of the stock rally.  

Former employees of the bankrupt textile giant are hoping that a takeover of the assets by the state investment manager would help settle outstanding severance claims.

From displacement to success, Maluku-born Richard Waery details how education and a scholarship opportunity opened numerous doors for him. His is a story of resilience and proof that one opportunity can change the course of a lifetime.

Government programs, like the free nutritious meal initiative and Red and White Cooperatives, have helped drive commercial vehicle demand, but the boost may prove difficult to sustain.

Bond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.

Economists say the government’s macroeconomic assumptions for next year cast doubt on a 2027 budget plan that comes with relatively cautious goals for state revenue and expenditure.

In July, more than 100 shipments were delayed at Indonesian ports due to a mandatory testing program screening mineral shipment for rare earth content, despite the lack of clear government guidelines on acceptable levels.

The Japanese economy eked out modest growth in the second quarter despite the impact of the Iran war, official data showed Monday, but the reading fell short of market expectations.

Moody's has published estimates that last summer's European heatwaves cost 43 billion euros (US$50 billion) in lost economic output while generating only about 500 million euros of insured payouts.