The projects, launched simultaneously across 13 regions on Friday, are fully funded from Danantara’s internal resources and are expected to create about 6,000 direct jobs, the fund said in a statement.

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.

Nikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.

A potential lawsuit over halted mining operations could expose the state to fiscal risks reaching tens of trillions of rupiah, extending far beyond legal fees to include lost revenue and compensation claims.

Danantara has stepped up to fill the funding gap for a new Krakatau Steel facility at KIEC, which previously attracted interest from Chinese investors.

The EU said Friday that TikTok needs to change its "addictive design" or risk heavy fines under the bloc's digital content rules, drawing a sharp pushback from the Chinese-owned platform.

According to local reports, Bithumb was meant to send about 2,000 won (US$1.37) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.

Data from the Manpower Ministry in January showed a 13 percent layoff increase in 2025 compared with the preceding year.

Economists interpret the rating agency’s latest assessment as a serious corrective signal, noting that a downgrade in Indonesia’s credit rating could sharply raise borrowing costs and pile pressure on the rupiah.

In what appears to be a coordinated role swap, the President has appointed a former BI deputy governor to fill the deputy finance minister post left vacant by his nephew Tommy Djiwandono, who is set to take up his new job as BI deputy governor.

The benchmark Jakarta Composite Index lost 2.5 percent while the rupiah dropped as much as 0.37 percent to 16,888 per dollar, its lowest since January 22 and down 1 percent for the year.

The government has announced a temporary waiver on value-added tax (VAT) for airline tickets for the upcoming Idul Fitri holiday period, when travel demand spikes across the country.

Global stocks extended losses into a third day on Friday as a selloff on Wall Street intensified, leaving investors dazed as wrenching volatility gripped precious metals and cryptocurrencies.

Indonesian stocks and currency traded weaker in early trade on Friday after Moody's lowered the country's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.

Rio Tinto has walked away from takeover talks with Glencore, ending months of negotiations over a tie-up that would have reshaped the global mining industry.

Economic growth improved slightly last year but failed to meet the government’s target set out in the state budget.

Plans to merge Pertamina’s downstream subsidiaries have been in the works since early last year, after a corruption scandal over the alleged sale of lower-grade imported fuel as higher-octane products.

The region, which has trailed other parts of the world in recovering from the Covid-19 pandemic's impact on aviation, is now catching up fast as travel rebounds and new opportunities emerge, said the firm's vice president of commercial marketing Darren Hulst.

The figures come days after the country's stock market suffered its worst crash in decades after index compiler MSCI threatened a downgrade over the transparency of the free-float stocks.

The finance minister stated that the 2025 deficit was deliberately pushed close to the 3 percent limit to ensure that the economic downturn did not spiral into a recession.

Alphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind rivals and punished its stock.

Asian stocks fell Thursday to track more losses on Wall Street, where tech firms were again under pressure as fears over vast AI investments and extended valuations gained momentum.

Statistics Indonesia (BPS) reported that annual inflation reached 3.55 percent year-on-year (yoy) in January, citing a low base effect after the figure fell below its normal trend in January last year because of electricity tariff discounts.

The move aligns with the continued rise in gold prices, which on Tuesday posted their largest daily percentage gain since November 2008.

Successfully reforming the WTO is a matter of life and death for the organization, warns the facilitator of talks on revamping the global trade body.

Finance Minister Purbaya Yudhi Sadewa says pushing the rupiah exchange rate back up to 15,000 per United States dollar should not be that difficult as the currency is undervalued when taking into account Indonesia’s economic fundamentals.

The contribution of renewable energy to the national energy mix, which refer to total electricity production, rose by only 1.1 percentage points to 15.75 percent in 2025.