An association named the "victims of SOE Istaya Karya" has urged lawmakers to fulfill the bankrupt construction firm's financial obligations to vendors, some of which have been waiting more than a decade to be paid.
2 months agoThe Nusantara Capital City (IKN) Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday. ...
2 months agoMerdeka Battery Materials has signed an agreement to build a $1.8 billion high-pressure acid leach (HPAL) processing plant at Central Sulawesi's Indonesia Morowali Industrial Park, to start operating by mid-2026. ...
2 months agoVietnam's goods exports to the United States accounted for 30 percent of its gross domestic product last year, the highest share among US top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.
2 months agoThe drop in inventories in the world's second-largest palm oil producing country after Indonesia could support benchmark futures FCPOc3, and sustain the commodity's premium over competing oils.
2 months agoAnalysts have warned that the fund will face challenges in winning investor trust given its governance structure.
2 months agoLuhut Pandjaitan, who heads the National Economic Council (DEN), has long pushed for ending subsidies on Solar and Pertalite, the country’s most popular subsidized fuels.
2 months agoThe benchmarking studies ought to take a team of government officials to Egypt, Turkey and India to learn the design of their legislative and judiciary buildings for Indonesia's planned new capital city.
2 months agoUnless the subsidy program for electric motorcycles is renewed, the industry will see sales drop in 2025.
2 months agoHe wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
2 months agoPrabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on Singapore's investment arm Temasek.
2 months agoWhat truly matters does not change, even as times change.
2 months agoNational Economic Council (DEN) member Mari Elka Pangestu noted that complaints from US multinationals could give Trump’s administration reason to review trade policies and ties with Indonesia.
2 months agoUS President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as "discriminatory."
2 months agoThe United States-based planemaker has been under scrutiny after a series of crises involving safety.
2 months agoConsistently affirming its position as the go-to shopping destination for household tools and equipment in Indonesia, MR.D.I.Y. Indonesia remains committed to its mission through 1,000 nationwide stores offering more than 18,000 high-quality products at affordable prices.
2 months agoIndia meets nearly two-thirds of its vegetable oil demand through imports, with palm oil mainly bought from Indonesia, Malaysia and Thailand, while soyoil and sunflower oil imported from Argentina, Brazil, Russia and Ukraine.
2 months agoA top adviser to President Prabowo Subianto has expressed confidence that Indonesia will achieve 8 percent year-on-year GDP growth in this year’s final quarter thanks to the government’s food and housing programs.
2 months agoThe country’s burgeoning art market is giving rise to a younger generation of collectors who are not only motivated by investment returns but also by a desire to express personal tastes.
2 months agoInvestment and Downstream Minister Rosan Roeslani has encouraged French companies to develop renewable energy in Indonesia as his ministry welcomed a delegation of 35 firms for a visit organized by French business association MEDEF International.
2 months agoThe Finance Ministry has announced a new housing bond to help finance the government's 3 million affordable homes program as a "modification" of the FLPP mortgage facility launched in 2021.
2 months agoPT Toyota Motor Manufacturing Indonesia (TMMIN) exports cars to nearly 100 countries.
2 months agoThe OJK has revoked the business license of PT Asuransi Jiwasraya, effective on Thursday, in the latest development related to an ongoing graft probe into the state-owned life insurance firm.
2 months agoThe European Union will seek more gas from countries including the United States to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.
2 months agoFederal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies.
2 months agoAnalysts have warned that the situation may deteriorate further this year following the government’s decision to slash infrastructure spending, typically the sector’s main revenue source. They argue that consolidation among these firms is now more urgent than ever.
2 months agoIn 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters.
2 months agoPT Sanken Indonesia, a subsidiary of Japan-based electronic equipment manufacturer Sanken Electric Co. Ltd., plans to close its MM2100 factory in Cikarang, West Java, in June, a government official has said.
2 months agoUS President Donald Trump said on Wednesday he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals.
2 months agoAsian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.
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