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The landmark ruling came after Judge Amit Mehta found in August 2024 that Google illegally maintained monopolies in online search through exclusive distribution agreements worth billions of dollars annually.
2 months agoA global slide in long-dated bonds extended into Asia on Wednesday, while gold climbed to a new peak as concerns mounted over government debt and economic growth. ...
2 months agoAn interplay of external and domestic factors has determined the rupiah's performance this year to date, and keeping an eye on established risks through approaches like monetary discipline and deepening regional cooperation will help safeguard currency stability toward improved economic resilience. ...
2 months agoThe government is urging the European Union not to appeal a recent World Trade Organization (WTO) ruling that supports Indonesian biodiesel exports.
2 months agoRetailers have suffered an estimated Rp 500 billion (US$33 million) in lost sales over five days of unrest, while small businesses saw revenue plunge by up to 90 percent as demonstrations disrupted operations and supply chains.
2 months agoBroader economic uncertainty is weighing on investment and household purchasing power, while the impact of recent government policies on the real sector and financial services has yet to be felt, according to an industry association.
2 months agoIn early 2025, foreign arrivals declined steadily from January, falling to a low of 984,770 in March before rebounding in the following months.
2 months agoGold climbed to a new record Tuesday as investors sought out safe havens, while Japan's Nikkei and the Hang Seng pushed higher waiting for Wall Street's return after the Labor Day holiday.
2 months agoDegraded land, polluted air and water stress pose a direct global economic threat but using natural resources more efficiently could cut pollution by half, one of the World Bank’s senior managing directors told Reuters.
2 months agoNew York-based software provider Infor hosted its first Velocity Day event in Jakarta on Thursday as part of a tour across Southeast Asia. In Jakarta, Infor SVP solution consulting Phil Lewis spoke to The Jakarta Post’s Ruth Dea Juwita and Mark Lempp about the challenges of introducing new technology, including managing corporate change and overcoming adoption barriers like data sovereignty concerns.
2 months agoThe rise of new orders was mainly driven by an increase in exports, which grew at the steepest rate since September 2023, alongside stronger demand in the domestic market.
2 months agoGrab has reaffirmed that its relationship with its driver-partners is a humanitarian bond maintained with a long-term commitment, manifested in ongoing support and constant presence for partners and their families, especially in the most difficult situations.
2 months agoThe Indonesia Stock Exchange (IDX) composite index fell as much as 3.6 percent at the open on Monday but clawed back some of the losses to close the day down 1.21 percent at a reading of 7,736 points.
2 months agoIndonesia achieved a trade surplus for a 63rd consecutive month as the country’s exports exceeded imports by US$4.17 billion in July.
2 months agoExpenditures in the food, beverage and tobacco category contributed most to monthly deflation in August, when the CPI eased to 108.51 from 108.60 in July.
2 months agoShares in SK Hynix and Samsung Electronics dropped on Monday after Washington revoked authorizations that allowed them to secure US semiconductor manufacturing equipment for their chip plants in China.
2 months agoThe Indonesia Stock Exchange (IDX) Composite index fell as much as 3.6 percent to 7,551 points at the open on Monday, as a week of political unrest in Jakarta rattled investor sentiment, before trimming losses to 7,612 within 10 minutes of trade.
2 months agoChina's manufacturing activity shrank for a fifth straight month in August, an official survey showed on Sunday, suggesting producers are waiting for further clarity on a trade deal with the US while domestic demand remains sluggish.
2 months agoWidespread destructive protests may be a telltale sign of political instability in Indonesia, foreign businesses worry.
2 months agoThe IBC's supervisory board chairman has underlined that unity between government, businesses and society under a single command is necessary to realize the nation's "0-8 vision" of zero poverty and 8 percent GDP growth.
2 months agoA divided US appeals court ruled on Friday that most of Donald Trump's tariffs are illegal, undercutting the Republican president's use of the levies as a key international economic policy tool.
2 months agoA Trump administration request that Japan buy more US rice caused this week's snag in bilateral trade talks as Tokyo "strongly objected" to the condition, the Nikkei newspaper reported on Saturday.
2 months agoA viral “aura farming” TikTok clip showcasing a Kuantan Singingi festival has provided a vital momentum for meme tourism in Indonesia, leading to a public-private collaboration that helped exploit the meme tourism trend and turn it into an economic boost for Riau.
2 months agoIndustry players said that if the gas supply chain data were made public, it would be easier to identify where the breakdown occured and who should be held accountable for shortages under the HGBT scheme.
2 months agoThe partnership, now in its second year, requires Vietnamese businesses seeking lobster larvae to conduct their farming operations in Indonesia in collaboration with local partners.
2 months agoThe statement came after multiple days of student protests against lawmakers' pay, with a motorcycle rider died in a violent clash with police on Thursday.
2 months agoAsian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, with investor focus now turning to a key US inflation reading due later in the day for further clues on the Federal Reserve's rate outlook.
2 months agoIndustry experts have bemoaned the latest rule on coal and mineral sales, which maintains the government-set benchmark prices for calculating royalties and taxes despite allowing more pricing flexibility, burdening miners with a widening gap between sales prices and royalties as global rates fall.
2 months agoOn its 112th anniversary and in celebration of Indonesia’s 80th Independence Day, PT HM Sampoerna Tbk. (Sampoerna) has taken a significant step to embody the government’s vision of Indonesia Incorporated by forging strategic synergies with several state-owned enterprises (SOEs).
2 months agoMajor educational sessions at Pesta Rakyat untuk Indonesia 2025 emphasized the crucial role of human capital development in driving progress, not only for companies but also for the nation, while underscoring the need to continuously cultivate creativity- and innovation-driven business strategies.
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