Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.

The New York Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.

State asset fund Danantara has announced a major overhaul of bonus and compensation rules for SOE directors and commissioners, aligning rewards with global standards.

India will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter.

PT Daya Intiguna Yasa Tbk (MR.D.I.Y. Indonesia) closed the first semester of 2025 with revenue rising 16.5 percent year-on-year (yoy) to Rp 3.7 trillion (US$223.97 million), while total transactions increased by 11.6 percent to 47.6 million transactions.

Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect.

While many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online.

CPO emerged as the standout performer, with exports reaching $11.4 billion in the first half, a 24.8 percent increase from the same period last year.

The government previously stated that until the deal is formalized, Indonesian exports would remain subject to a 10 percent baseline tariff.

European stocks hit a 4-week low on Friday at the end of a busy week as investors worried about the impact of fresh US levies on dozens of countries, including a 39 percent tariff on Switzerland.

The CPI grew 2.37 percent on an annual basis last month, primarily due to volatile foods component, which rose by a steep 3.82 percent, along with a monthly uptick of 0.82 percent in education costs to coincide with the start of the 2025-2026 school year.

Indonesia’s manufacturing activity has improved but remains in negative territory due to weak output and demand, while producers’ confidence is at a low due to US tariff jitters.

Trump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy.

Launched by the IBC on July 24, the Indonesian Carbon Market Academy (ICMA) aims to equip players in the local carbon market with the capacity they need to be globally competitive and contribute to the country's 2050 net-zero goal.

Trump set rates including a 35 percent duty on many goods from Canada, 50 percent for Brazil, 25 percent for India, 20 percent for Taiwan and 39 percent for Switzerland, according to a presidential executive order.

Asian shares fell on Friday after the US slapped dozens of trading partners with steep tariffs, while investors anxiously await US jobs data that could make or break the case for a Fed rate cut next month.

The venture capital arms of Telkom, BRI and Bank Mandiri are entangled with fraud-ridden start-ups, with the CEO of Telkom’s VC arm currently detained as a suspect.

Amid ongoing global geopolitical tensions and economic uncertainty, Indonesia’s telecommunications industry faces a range of complex challenges that impact growth, competitiveness and innovation capacity.

Bank Central Asia (BCA) posted a net profit of Rp 29 trillion (US$1.7 billion), up 8 percent year-on-year (yoy), in the first half of this year, in line with growing loan disbursement and funding, as well as rising transaction volume.  

The state-owned energy is aiming for a mid-August test flight as it begins production on its new SAF made from used cooking oil, in a bioavtur synthesis process for which it developed the "Red and White catalyst".

Since World War II, most politicians and economists view free trade as a pillar of globalisation, enshrined in the 1947 signing of the GATT accord.

The event will discuss efforts to turn Indonesia's great potential in renewable energy toward supporting the energy transition and becoming a regional leader in the sector.

President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim agreed in June to resolve border disputes, including joint management of the Ambalat block.

China raised concerns over potential security risks in Nvidia's H20 artificial intelligence chip, casting uncertainty over the US company's sales prospects in China weeks after a US export ban was reversed.

The government's new “community oil well” initiative aims to reactivate idle wells under the operation of MSMEs as a means of boosting national output, with initial sales slated to begin on Aug. 1.  

The move aids manufacturers, but does little to boost the constrained US copper mining industry, which for years has asked Washington for permitting reform or other steps that could fuel growth.

China's factory output shrank more than expected in July, official data showed on Thursday, logging its fourth straight month of contraction as Beijing battles to hammer out a trade deal with the United States.