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The government wants to protect independent corner shops from growing networks like Indomaret and Alfamart, but their owners appear unconcerned about coexisting with large players.
3 months agoAt the heart of the plant is a naphtha cracker with a capacity of 3 million tonnes per year, capable of producing 1 million tonnes of ethylene and 520,000 tonnes of propylene annually. ...
3 months agoThe program includes the construction of 10 patrol vessels, the development of integrated maritime systems and regional monitoring centers, as well as the procurement of drones for aerial surveillance. ...
3 months agoSeptember's liquidity injection led to state-owned banks cutting their deposit rates by around 50 basis points (bps) and lending rates by around 11 bps, according to the Finance Ministry, which expects this to translate into stronger growth this quarter.
3 months agoAsian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.
3 months agoAgriculture Minister Andi Amran Sulaiman estimated that the free nutritious meal program would require an additional 700,000 tonnes of eggs and 1.1 million tonnes of chicken meat to meet demand.
3 months agoThe Chinese government has issued guidance requiring new data center projects that have received any state funds to only use domestically made artificial intelligence chips, two sources familiar with the matter told Reuters.
3 months agoJunkichi Yoshida, the newly appointed global president, representative director and CEO of Seiko Epson Corporation (SEC), has revealed plans to expand the company’s business across emerging markets in Southeast Asia, identifying Indonesia as a key contributor to Epson’s global growth.
3 months agoThe company also confirmed that the restructuring was permanent, with no conversion to contract-based positions or relocation to other units.
3 months agoNational economic growth remained above the 5 percent mark in the third quarter thanks to strong growth in exports.
3 months agoTech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
3 months agoThe President also instructed that the high-speed railway project be extended to Banyuwangi, East Java, broadening the expansion plan that was initially intended to reach only Surabaya.
3 months agoThe projects, part of a broader plan to build 33 plants nationwide worth a combined Rp 91 trillion (US$5.6 billion), are included in state utility PLN’s long-term electricity procurement plan (RUPTL) as renewables.
3 months agoNorway's sovereign wealth fund, the world's largest, said on Tuesday it would vote against ratifying Tesla CEO Elon Musk's proposed compensation package, containing shares worth up to $1 trillion, at an annual general meeting this week.
3 months agoLawmakers and labor groups have pressed Michelin’s Indonesian subsidiary to suspend layoffs, amid protests and concerns over the company’s compliance with labor rules.
3 months agoIndonesia can learn from the experiences of its regional peers in coming up with a localized strategy to achieve its targeted tax ratio of 15 percent by 2029.
3 months agoThe scheme will offer interest rates as low as 0.5 percent to regional administrations with eligible projects and will be channeled through state-owned infrastructure financing firm PT Sarana Multi Infrastruktur (SMI).
3 months agoThe first glimmers toward ending a near-record long federal government shutdown were seen in the US Capitol on Monday, as leading Senate Republicans and Democrats talked of a possible "off-ramp" to the disruption.
3 months agoStrong shipments of processed goods and higher-value exports helped maintain Indonesia’s trade surplus in September, while global energy prices, including coal prices, weakened.
3 months agoFood prices rose 6.6 percent in October after a 6.44 percent increase in September.
3 months agoFactory activity in Indonesia saw a modest improvement in October thanks to rising new orders, purchasing activity and employment, according to a monthly survey published by S&P Global.
3 months agoOn a day when Facebook-parent Meta's share price plunged on the heels of disappointing quarterly earnings, demand for its bonds was reportedly four times greater than supply in a market keen to hold the social networking titan's debt.
3 months agoThe eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.
3 months agoA new regulation allowing regional administrations and region- or state-owned enterprises (SOEs) to borrow money from the central government entails opportunities for local authorities but also poses risks to fiscal discipline, economists say.
3 months agoBP-AKR stated that all governance and compliance aspects had been fully met, including aligning on the “commercial terms” that had been a sticking point for other industry players.
3 months agoFacing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.
3 months agoChina said on Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch officials and has alarmed European businesses.
3 months agoPT Indosat Tbk, operating as Indosat Ooredoo Hutchison, delivered a promising financial result in its third quarter of 2025, signaling steady growth across key financial indicators, despite a challenging macro environment. The success is attributed to its strong business fundamentals, disciplined execution and customer-centric strategy.
3 months agoA warmer climate and changing rainfall patterns have made planning ahead essential, and UK researchers are embarking on a journey of agricultural transformation.
3 months agoFrom padel courts to climbing walls, sports tenants are breathing new life into shopping centers threatened by changing consumer habits.
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