While preliminary BI data indicates consumers' growing confidence in the economy, an economist has pointed out a decline in the ratio of consumption to income suggested cautious optimism.

The merger process involving PT Pertamina Patra Niaga, PT Kilang Pertamina Internasional and PT Pertamina International Shipping is expected to be concluded by Jan. 1.

BP Batam says it is looking at consortium BIB to take over the Hang Nadim airport expansion project after original contractor WIKA withdrew, apparently due to ongoing financial troubles.

Prabowo’s 3 million housing program was recently removed from the list of National Strategic Projects (PSN), raising concerns over the continuity of state-backed support.

By early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August.

The longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.

US President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.

The government has put back in motion a long-delayed plan to redenominate the rupiah, likely by cutting off three zeros, but economists warn the plan could cause more problems than it solves.

The homegrown tech giant saw a surge in shares on Monday morning after the state secretary's statement on Friday, which revealed the government was discussing a potential merger between GoTo and rival Grab in relation to a new ojol regulation currently being drafted

The plan includes 63 percent of the proceeds going to the airliner's low-cost subsidiary Citilink to strengthen its cash flow and clear a US$225 million debt to Pertamina, according to the disclosure document.

Toyota and Pertamina aim to establish a joint venture for the project by early 2026.

The US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.

While the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity.

Indonesian-made electric motorcycle Alva N3 is being presented at the Milan Motorcycle Shows (EICMA) in cooperation with Kawago as the international sales partner. 

Indonesia’s central bank currently holds only 80 tonnes of gold, just 5.9 percent of its total reserves.

The national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.  

Bipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.

As the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.

The company said its profit after tax for the 2024-2025 fiscal year dropped 32 percent to 1.5 billion euros (US$1.7 billion).

Jakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity.

The private bank appears to be planning an IPO slated for an IDX listing on Dec. 11, according to what appears to be a leaked prospectus circulating on social media but has not been verified to date, setting it on course to potentially become a “lighthouse company".

The Dutch government is ready to shelve the order that gave it power to block or change key corporate decisions at chipmaker Nexperia if China resumes exports of critical chips, Bloomberg News reported on Friday, citing people familiar with the matter.

The ministry summoned representatives of the Indonesian E-commerce Association (idEA), whose members include Shopee, Tokopedia and TikTok Shop, to follow up on President Prabowo Subianto’s order to curb illegal imports.

The geothermal energy arm of state-owned oil and gas giant Pertamina is confident about achieving installed capacity of 1 gigawatt (GW) within three years and aims for 1.8 GW by 2033.

Following August's cesium-137 contamination incident that disrupted seafood shipments, the government is preparing to renew shrimp exports to the US, which is expected to help meet the $6.25 billion in fisheries export targeted for this year.

As AI adoption races ahead, the same tools driving personalization and efficiency are also unlocking new dangers, from biased credit scoring and data misuse to ever more cunning financial scams.

Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.