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Yields 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.
9 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. ...
13 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. ...
15 hours 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.
16 hours 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.
18 hours 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.
20 hours agoAs prices climb, families are switching to cheaper food, personal care products and health services, while cutting back on savings and leisure.
23 hours 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.
1 day 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.
1 day 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.
1 day agoThe state asset fund said it wanted to restructure Pos Indonesia’s finances and leverage its 4,000 distribution channels across the country instead.
1 day 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.
1 day 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.
1 day 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.
1 day 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.
2 days agoA VAT waiver is offered for domestic economy class flights during the Christmas and New Year holiday period.
2 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.
2 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.
2 days agoVillages are beginning to understand that fire prevention and awareness are not just the responsibilities of firefighters.
2 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.
2 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.
3 days agoUnited States President Donald Trump announced on Saturday that Audi plans to build a US$4 billion assembly plant in Georgia that will produce 200,000 SUVs annually, as he seeks to convince Americans to back Republicans in the Nov. 3 midterm elections.
3 days agoIndonesia cut exports of natural gas to Singapore on Saturday to prioritize domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago.
4 days agoOpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet access in September.
4 days agoOil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 a barrel as the Middle East conflict raged on.
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