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View all search resultsIn a bid to accelerate absorption and address the national backlog, the housing ministry has proposed setting up a Bulog-like agency to purchase completed homes from developers for reselling to the market under the government's "3 million homes" program.
1 month agoSince its founding nearly five centuries ago, Jakarta has always been a melting pot of cultures and communities, each bringing a touch of heritage as they settle into the sprawling megapolitan they now call home. ...
1 month agoTop US and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the center of a trade war between the world's top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay. ...
1 month agoCK Hutchison said on Monday it was in talks with a consortium pursuing its US$22.8 billion ports business to add a Chinese "major strategic investor" to the bid, after Beijing flagged a probe into the deal amid heightened Sino-US tension.
1 month agoThe United States and European Union on Sunday clinched what President Donald Trump described as the "biggest-ever" deal to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war.
1 month agoA US solar industry alliance has filed a trade petition to counter the influx of cheaper, foreign-made solar panels, including from China and Southeast Asian countries, but Indonesian manufacturers are as yet unbothered by the potential for extra tariffs.
1 month agoThe government plans to use the simplified categories "special" and "regular", with Bappenas to set the standard price for the latter, to combat the illicit practice of blending different grades of rice for selling at premium prices, which the President has condemned as a brazen "criminal act".
1 month agoAustralia's Prime Minister Anthony Albanese said on Sunday that a decision to ease rules on US beef imports was not prompted by US President Donald Trump.
1 month agoEU chief Ursula von der Leyen and US President Donald Trump said Friday they would meet in Scotland this weekend in a decisive push to resolve a months-long transatlantic trade standoff.
1 month agoWhile acknowledging the inherent trust demonstrated by foreign banks in committing to such a large amount, and without collateral at that, economists have questioned the urgency of the move and cautioned about potential risks such as mismanagement and project selection.
1 month agoIndonesia has yet again recorded a drop in the poverty rate that signals a narrowing of inequality as measured through the Gini coefficient.
1 month agoThe initiative, which could cost around $100 billion, would involve building solar farms of 1 to 1.5 hectares in each village across the archipelago.
1 month agoSoutheast Asia is now a leader in sustainable business growth. While companies around the world have reacted to a backdrop of global instability by watering down their sustainability commitments, the region’s private sector is staying the course and forging ahead.
1 month agoThe initial CEOR phase could increase output by 2,800 barrels per day (bpd), with production rising to between 30,000 and 50,000 bpd by 2028 after further scaling.
1 month agoAsian stocks fell Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row back their expectations for interest rate cuts.
1 month agoThe initiative aims to monetize around 100 million tonnes agricultural waste a year, which come from the palm oil and sugar industries, among others.
1 month agoA trade agreement between Indonesia and the United States set to include provisions on personal data transfers has raised alarms about the potential undermining of Indonesia’s data sovereignty.
1 month agoEnergy and Mineral Resources Ministry secretary general Dadan Kusdiana insists that critical mineral exports to the US will remain strictly regulated under domestic laws, despite a new bilateral agreement to remove trade barriers.
1 month agoThe government has reiterated its commitment to accelerate the extension of the Whoosh Jakarta-Bandung line to Surabaya, despite experts' warnings that the train’s heavy losses could make the expansion a risky move.
1 month agoUrsula von der Leyen, the president of the European Union Commission, called for an "essential" rebalancing of trade ties with China, saying ties stood at an "inflection point".
1 month agoIt is the firm’s third consecutive quarter of declining profitability, as the company faces intensifying electric vehicle competition and contends with backlash over Elon Musk’s political activities.
1 month agoIndonesia also agreed to remove local content requirements for US firms, recognize US standards for vehicle and medical products, drop onerous licensing on US farm goods while recognizing US regulatory oversight and lift labeling and pre-shipment inspection mandates.
1 month agoWithout mandatory government blending program and subsidy mechanisms, the biodiesel market would not be commercially viable, experts say.
1 month agoOnce fuel subsidy changes are implemented, Malaysians will see prices at the pump drop to 1.99 ringgit per liter, compared to the current price of 2.05 ringgit. Foreign nationals however will have to pay unsubsidized market prices for the fuel.
1 month agoThe latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.
1 month agoIndonesia will remove recently enacted pre-shipment inspections and verifications of US exports that have posed problems for US agricultural exports.
1 month agoThe United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a US$550 billion package of US-bound investment and loans from Tokyo.
1 month agoWhile revenue has weakened, investment in the upstream sector posted strong growth.
1 month agoIndonesia, despite being ASEAN's largest economy, faces a complex web of obstacles hindering its financial deepening and leaving its capital markets shallow when compared to those of regional peers.
1 month agoIndustry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.
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