Indonesia's financial regulator said on Wednesday it would temporarily loosen share buyback rules following the worst market fall in more than a decade.

Industry Ministry data show the total manufacturing workforce expanded from 17.43 million in 2020 to 19.96 million by the end of last year.

Asian stocks were subdued on Wednesday and gold hovered near record highs. Indonesian shares swung between gains and losses in choppy trading a day after the stock market clocked its sharpest fall in nearly three years, with Bank Indonesia set to decide on interest rates later on Wednesday.

Experts view PTFI’s gold refinery as a major step for the national gold industry, but whether Indonesia can become a major player in the global market remains uncertain.

Aptrindo has announced that around 500 freight transportation companies in Greater Jakarta plans to hold a strike from March 20 to 21 to protest the government's policy restricting trucking operations over this year's 16-day collective leave for Idul Fitri.

Analysts suggest a downturn of the Indonesia Stock Exchange (IDX) Composite index, which gained momentum with a sudden plunge on Tuesday prompting a brief suspension of trade, is driven by a general sense of uncertainty rather than by fundamental weakness.

The government has agreed to impose a levy on coconut exports and derivatives, but has yet to decide whether to impose an export moratorium as proposed by the industry.

According to the energy minister, the gold and copper miner has committed to building two manufacturing facilities in the Gresik SEZ for producing finished copper products, such as foil and cables.

US President Donald Trump has imposed extra import tariffs on Chinese goods since taking office in January, as well as placing levies on key trading partner Canada, another key source of cobalt, used in aerospace, for the US

APRIL2030 includes 18 targets across four core pillars: Climate Positive, Thriving Landscapes, Inclusive Progress, and Sustainable Growth.

The move to increase mining royalties takes place as the government has seen a more than 30 percent decline in tax revenue that accounted for more than half of state revenue in the first two months of this year.

While coal gasification technology is not new, very few have ever applied the technology because of its poor economic returns with companies expecting huge incentives to make it worthwhile.

Exports from Indonesia’s manufacturing and agriculture sectors have seen strong growth thanks to a considerable boost from crude palm oil (CPO) and machinery, but the mining industry has suffered a sharp annual decline.

The factory, designated as a national strategic project (PSN), would help boost biodiesel production in the country.

Blue Bird is planning to expand its EV fleet to 1,000 by the end of 2025 toward a total composition of 10 percent in the next five years, amid growing competition in the taxi market and steady EV adoption in the country.

The week is a busy one with a series of central bank policy meetings, including by the US Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday. 

But Bessent, speaking to NBC's "Meet the Press," ruled out the chance of a financial crisis. 

The initiative, which will channel up to Rp 400 trillion (US$24.3 billion) in funding, has raised concerns over a potential rise in nonperforming loans (NPLs) and liquidity strains.

Meta has been approving advertisements posing as news articles of legitimate local and international media outlets, which cybersecurity experts say could lead to cybercrime.

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector.

US planemaker Boeing lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.

The United States averted a government shutdown with hours to spare Friday as lawmakers already reeling from President Donald Trump's radical federal spending cuts voted to keep the lights on through September.

Nearly three weeks have passed since the much-anticipated launch of Danantara, Indonesia’s latest and most ambitious investment entity, on Feb. 24, 2025. Positioned as a strategic vehicle to consolidate state-owned enterprises (SOEs), attract investment and become one of the world’s largest sovereign wealth funds, Danantara was introduced with strong national aspirations.

Indonesia’s per capita emissions, while still lower than the world’s major emitters, are rising steadily as the country’s economy expands by around 5 percent annually.

Lawmakers and business associations have urged the government to set up an Indonesian tourism board to promote the country as a travel destination and support the industry.

The issuance of the permits follows last month's announcement of more than US$300 million investments by Apple in Indonesia, including in plants making components for its products, and a research and development center.

The cheese producer is a subsidiary of food and beverage manufacturing giant PT Garudafood Putra Putri Jaya.