Several new EV manufacturers have entered the Indonesian market in 2025, seeking refuge from cutthroat competition on their home turf.
1 month agoIndonesian property firm PT MNC Land announced the launch on Friday of Trump International Golf Club Lido, a Trump Golf-operated 7,200-yard golf course. ...
1 month agoAt least 12 members of the Indonesian Solidarity Party (PSI), including PSI secretary-general Raja and deputy chair Andy Budiman, have been appointed to the program’s Operation Management Office (OMO). ...
1 month agoThe Business Competition Supervisory Commission (KPPU) has begun a preliminary investigation into an alleged monopoly case involving non-subsidized cooking gas sales by state-run oil and gas company Pertamina’s commercial arm.
1 month agoInvestment and Downstream Minister Rosan Roeslani told reporters on Friday that he reaffirmed the government’s plan to involve Dalio as one of the members of the advisory board of the country’s latest sovereign wealth fund Danantara.
1 month ago"I hate to predict things like that," he told a Fox News interviewer when asked directly about a possible recession in 2025.
1 month agoThe Japanese government began a rare auction on Monday of its emergency rice stockpiles in a bid to help drive down the surging price of the national staple.
1 month agoUsed in everything from cakes and frying fats to cosmetics and cleaning products, palm oil makes up more than half of global vegetable oil shipments and is especially popular among consumers in emerging markets, led by India.
1 month agoAs the public was left with no clarity on the state of the government budget, experts have suggested that results for the first few months of this year would see a significant decline compared with the same period last year.
1 month agoChina announced tariffs on over US$2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by US President Donald Trump's tariff threats.
1 month agoHIMKI chairman Abdul Sobur said the country’s furniture industry had been relying on international exhibitions hosted by the government to open the export market, but such events have been discontinued as organizing overseas exhibitions is expensive.
1 month agoApple now needs to obtain a series of certificates and approvals from various ministries, the statement said.
1 month agoRupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.
1 month agoThe Indonesia Just Energy Transition Partnership (JETP) secretariat has insisted that the complete withdrawal of the United States from the program will have little effect on the overall climate funding for the country, stressing that some ongoing deals will still commence as planned.
1 month agoGerman industrial orders in January posted their biggest monthly fall in a year, data showed Friday, underlining the challenges faced by Europe's top economy before a new government takes office.
1 month agoGlobal coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.
1 month agoEnergy and Mineral Resources Minister Bahlil Lahadalia acknowledged that, with the mining company’s smelter currently offline, Indonesia risked losing billions in revenue and thousands of jobs.
1 month agoApproximately 77 percent of the net proceeds will be allocated for capital expenditures, primarily for the construction of a new plant in Nganjuk, East Java
1 month agoThe first two months of the year saw the opening salvo of a renewed US-China trade war, with US President Donald Trump imposing an extra 10 percent levy on Chinese goods, arguing Beijing had not done enough to stem the flow of the deadly opioid fentanyl.
1 month agoTouting Beijing's cooperation in the fight against the fentanyl epidemic in the United States, Wang Yi said Washington should not "repay kindness with resentment, let alone impose tariffs without reason".
1 month agoThe middle class is not expanding fast enough to meet ambitious development goals, experts and businesses warn, which could scupper President Prabowo Subianto’s plans to boost economic growth to 8 percent and make Indonesia a developed country by 2045.
1 month agoThe artificial intelligence-ready data center project, dubbed SMX01, is set to operate in Jakarta’s central business district (CBD) with an initial 18-megawatt (MW) load capacity that can be increased up to 60 MW.
1 month agoHealth problems such as cancer can threaten financial stability as medical treatment, hospitalization, surgery, and other healthcare treatments can be very expensive. This explains why having health insurance matters.
1 month agoAdhi Karya has asked the government to resolve almost $130 million in outstanding payments for the Greater Jakarta LRT project so it can meet its its obligations to vendors, an issue that has only been compounded by last month's sweeping budget cuts.
1 month agoThe Southeast Asian nation is home to a large semiconductor industry, including top US multinationals such as Intel and GlobalFoundries, and is one of the top exporters of chips to the United States.
1 month agoFollowing last year's massive layoffs in the textile industry, at least two Tangerang-based manufacturers of foreign footwear brands have laid off 3,500 workers due to a decline in orders, a local manpower official has said, with more due to be axed next year.
1 month agoThe firm, which already operates one of Indonesia’s largest nickel mining sites as a minority shareholder in PT Weda Bay Nickel, also conveyed its intention to invest in the country’s critical minerals sector.
1 month agoThe compensation claims are to include old age benefits (JHT), unemployment benefits (JKP) and holiday allowances (THR), the minister revealed on Wednesday.
1 month agoThe US economy is set to experience some "disturbance" from tariffs, President Donald Trump said Tuesday, as trade tensions flare after he imposed sweeping levies on Mexico, Canada and China.
1 month agoBoston Consulting Group estimates that Indonesia's upstream energy sector could achieve substantial cost savings of up to 30 percent, or approximately US$2 billion, through comprehensive performance improvement measures, while maintaining or even enhancing production, asset integrity and HSE performance.
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