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The celebration comes as the island’s investment reaches Rp 59.73 trillion in the first nine months of 2026, representing 85.33 percent of its annual target.
5 hours agoIndonesia’s e-commerce market continues to expand despite economic and regulatory headwinds as platforms compete for increasingly price-conscious consumers while businesses look to artificial intelligence and digital finance for further growth. ...
5 hours agoThe higher blend has raised concern among palm oil industry players that increased domestic consumption could squeeze feedstock supplies and weigh on exports. ...
8 hours agoThe government has reaffirmed its intention not cut fuel subsidies despite surging global oil prices, banking on strong revenue growth to get the 2026 state budget safely to the finish line.
10 hours agoThe neighboring countries plan stronger data-sharing and joint measures to tackle corporate tax compliance issues.
11 hours agoThe outage hit government agencies in Australia, Japan and the United States, as well as companies including OpenAI and Anthropic. It is the second disruption to Microsoft's 365 services this year, raising concerns that repeated failures could push corporate clients to question Microsoft's reliability.
12 hours agoHuang was a central figure in the boom set off by the launch of OpenAI's ChatGPT in 2022, with Nvidia’s processors, once designed for video game graphics, becoming the crucial ingredient for building AI models.
15 hours agoThe dollar held near a 19-month high on Friday after a strong week of gains on rising bets of a larger Federal Reserve rate hike, pushing the Japanese yen back near the key 160 mark that has left traders on alert for intervention.
16 hours agoA strong US dollar and domestic political uncertainty have pushed the rupiah to a new record low, even as Indonesian stocks rose Thursday after the latest action by index provider MSCI left investors unfazed.
1 day agoCoal tycoon Andi Syamsuddin Arsyad, better known as Haji Isam, is considering acquiring Eramet SA’s stake in one of the world’s largest nickel mines, Bloomberg reported, in a move that would mark the billionaire’s second major deal this year.
1 day agoIndonesia’s sovereign wealth fund is investing under a partnership with the Singapore-based solar and wind developer in projects at home and in the Philippines as part of a wider aim to accelerate the region's energy transition.
1 day agoThe agreement, touted as one of the largest transactions to date under Article 6.2 of the Paris Agreement, targets the sale of 12 million tonnes of carbon dioxide equivalent by 2038.
1 day agoGlobal stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.
1 day agoThe state asset fund plans to increase overseas investments and establish offices in major financial hubs, even as experts question whether its expanding international footprint will deliver enough benefits to the domestic economy.
1 day agoPresident Prabowo Subianto plans to start preliminary talks with his Chinese counterpart Xi Jinping on a Comprehensive Economic Partnership Agreement (CEPA) between the two countries on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.
2 days agoThe Indonesia Stock Exchange (IDX) has tightened its screening mechanism to identify stocks with high shareholding concentration (HSC) in its latest push to improve market transparency, raising the number of stocks classified under the category to 383.
2 days agoPT Perusahaan Gas Negara (PGN) is preparing its 34,267-kilometer infrastructure network to support biomethane transmission for its renewable gas business.
2 days agoGovernment projects, including facilities for the free nutritious meal program and Red and White Cooperatives, have driven demand for bulk cement, while sales of bagged cement, commonly used for homebuilding and renovations, have slowed.
2 days agoWIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.
2 days agoGlobal bonds tumbled and the dollar stayed firm after a hot United States inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.
2 days agoAround 202,000 hectares of land and forest had burned by July, according to data from the Forestry Ministry.
3 days agoAKR Corporindo has agreed to acquire the British energy giant's 49.9 percent stake in their fuel retail joint venture for $14.22 million.
3 days agoIndonesia’s consumer confidence rose in October, driven by growing optimism about current and future economic conditions, while retail sales are also expected to edge up year-on-year despite shoppers holding back.
3 days agoIndonesia’s bid to join the Organisation for Economic Co-operation and Development (OECD) is approaching completion as the country seeks to become one of the quickest in acceding.
3 days agoFrance on Monday said Iran's Revolutionary Guards were behind cyberattacks on supermarket fridges in the country last month, vowing sanctions on a European level against Tehran over the first such large-scale cyber-sabotage on French territory.
3 days agoChina's trade surplus surged past US$1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, even as imports to the world's second-largest economy grow at a faster pace that its exports
3 days agoDespite the country's oft-touted nuclear ambitions for energy security, progress has been slow among both domestic and foreign investors in terms of uptake as the years remaining until a 2032 online target tick away.
3 days agoIndonesia's recent decision to trim pipeline gas exports to Singapore is too marginal to ease supply gaps facing industrial plants in Java, with export capacity set to keep shrinking as demand outpaces production. Localized shortages are projected to widen sharply through 2028.
3 days agoThe Indonesia Stock Exchange (IDX) will execute a forced delisting of 18 issuers in a sweeping enforcement action to improve market quality, but the move raises concerns about retail investors facing valuation and liquidity risks.
4 days agoIndonesian banks have been pummeled in a wave of cyberattacks in recent days, with more than 1 million attempts over the past 24 hours, prompting regulators to take action in a bid to prevent breaches.
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