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Anonymous Bloomberg sources have linked the state asset fund's chief investment officer to indirect ownership of shares in PT Supra Sekuritas Indonesia, which they say is among nine brokerages that have been slapped with sanctions on suspicion of market manipulation.
11 minutes agoClosing digital gaps matters as ASEAN prepares to sign the Digital Economy Framework Agreement (DEFA) in November 2026, following the conclusion of negotiations. ...
4 hours agoTech firms diverged Thursday with a mixed bag of results for some of the AI sector's big beasts tempering the recent spurt of optimism amid growing anxiety about companies' investment and debt. ...
6 hours agoThe 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 to 4.00 percent, citing the need for more data in the fight against inflation, after having hiked for the first time in three years at its previous meeting in September.
7 hours agoYields on medium- and long-term government bonds have increased significantly in just two weeks as demand nosedived after MSCI announced a possible reclassification of Indonesian stocks. The 10-year yield now sits at a four-year high, while the rupiah is trading near its all-time low.
20 hours agoFollowing a working visit to Seoul, BP Batam deputy for investment Fary Djemy Francis celebrated Batam’s achievements and pondered on the constant work to improve the island for its residents.
23 hours agoPreviously, Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia claimed that Indonesia no longer bought crude oil from the Middle East and was diversifying its sources to other countries, including India and China.
1 day agoToyota stressed the need for stimulus to boost spending power and revive new car sales, noting that Indonesia’s automotive industry had experienced a shift in demand toward used vehicles.
1 day agoThe investment follows a $31.6 billion joint venture agreement signed at the US Chamber of Commerce in Washington, D.C., on Feb. 18, with President Prabowo Subianto witnessing the signing.
1 day agoTechnology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.
1 day agoAs prices climb, families are switching to cheaper food, personal care products and health services, while cutting back on savings and leisure.
1 day agoHigher-than-expected demand for subsidized gasoline is expected to add tens of trillions of rupiah to the state budget as the government looks to increase imports at a time of high global oil prices.
1 day agoThe world is changing and the EU, with 450 million consumers, has become more active in seeking and building on partnerships to expand free trade with open competition, reliability and a rules-based order, Merz said during a visit to Singapore.
2 days agoPassed by the House of Representatives on Oct. 6, the law introduces a severance reserve fund as one of many measures aimed at giving workers greater security.
2 days agoDeputy Haj and Umrah Minister Dahnil Anzar Simanjuntak said that President Prabowo Subianto's emphasis on economic sovereignty should also extend to haj and umrah services.
2 days agoThe state asset fund said it wanted to restructure Pos Indonesia’s finances and leverage its 4,000 distribution channels across the country instead.
2 days agoUnited States Trade Representative Jamieson Greer told the European Union on Monday that a lack of information about its record-breaking loan to Airbus threatens a delicate transatlantic trade truce, including on financing large civil aircraft (LCA) projects.
2 days agoInspired by a high school student's curiosity, NURIVO Original was developed in collaboration with PT Duta Niaga using milk-based ingredients, sacha inchi oil and kapok flower honey, with an underlying commitment to social responsibility.
2 days agoThe offering could raise as much as US$100 billion in an initial public offering (IPO) that could value Anthropic at between $1.5 trillion and $2 trillion.
2 days agoThe Indonesia Stock Exchange (IDX) is stepping up its capital market surveillance by preparing a mechanism to publicly announce and immediately investigate any indications of manipulative trading, but consistent and transparent execution will be crucial to reviving investor confidence.
2 days agoThe government has announced a plan to hike fuel imports as demand for subsidized gasoline is higher than expected, but it is looking to do so without adding strain to the state budget.
2 days agoSouth 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.
2 days 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.
3 days agoA VAT waiver is offered for domestic economy class flights during the Christmas and New Year holiday period.
3 days 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.
3 days 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.
3 days agoVillages are beginning to understand that fire prevention and awareness are not just the responsibilities of firefighters.
3 days 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.
3 days agoCoordinating Downstream and Energy Transition Minister Bahlil Lahadalia said that the government would evaluate contracts with countries that did not “show respect” to Indonesia.
3 days 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.
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