It also announced "changes to its management structure to clarify management roles according to their responsibilities for the management of the entire group or of each business".

An increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.

Extreme rain with lightning and strong winds on Tuesday and Wednesday disrupted flights at Soekarno-Hatta International Airport in Tangerang, Banten, with authorities diverting at least 23 flights to other airports for safety reasons. 

The CEO Forum held during the President's New Delhi visit produced several partnerships between Indonesian and Indian businesses across a variety of sectors, including pharmaceuticals and communications technology, to kick off new momentum in bilateral relations.

As demand grows for diverse and innovative products, intellectual property (IP) collaboration between brands has become a crucial strategy for enhancing market competitiveness.

According to people familiar with the agreement, the $22 million of the payment will go towards funding Trump's future presidential library, with the remainder covering legal fees and payments to other plaintiffs in the case. 

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

Emerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity.

Experts warned that prolonged setbacks could erode foreign investors' confidence in the country's SOEs governance.

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.

Japfa Comfeed Indonesia's parent company has disclosed a privatization plan that involves the Santosa family acquiring 100 percent shares and delisting from the SGX, with Japfa Ltd. making reassurances that this would not affect its Indonesian subsidiary's management or operation.

Variety in local food ingredients is key to running the free meals program, given the agency’s main focus on ensuring fulfillment of nutritional standards and not on delivering one type of menu to all recipients across the country. 

A nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of US rivals.

Freeport-McMoRan CEO Kathleen Quirk said last week that the miner would not be affected by any copper tariffs as they sell all their US copper domestically and their Indonesian metal goes to Asia. But she worried about any potential inflationary effects of copper tariffs.

Indonesia has commenced the construction of tin-processing facilities in Batam, Riau Islands, that cost Rp 1.2 trillion (US$73.9 million) to build and start up.

US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app's future in the country faces uncertainty.

The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, while fresh tariff threats had the euro on the back foot.

The Prabowo administration's first 100 days indicate a potential for accelerated debt accumulation to help finance the President's free meals and housing programs, economists say, pointing to a fine balance between spending and revenue generation in the coming years to 2029.

European shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly chips.

The dollar firmed on Monday as traders pondered the ramifications of US President Donald Trump's tariff plans at the start of a week where the Federal Reserve is widely expected to hold interest rates steady.

US President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.

The Beluga, billed by Airbus as the world's biggest cargo plane in terms of volume transported, looks something like a whale, with a rounded fuselage mounted on an Airbus A300-600 base.

The ads come as Meta is facing heightened scrutiny after CEO Mark Zuckerberg ended the company's US fact-checking program, a key tool in fighting online misinformation, and relaxed content moderation rules to allow more controversial speech, similar to X's policies.

Finance Minister Sri Mulyani Indrawati says Rp 306 trillion in budget cuts will be reallocated to initiatives that directly improve the people’s welfare, such as the free meals program, food and energy self-sufficiency and health care.

The Industry Ministry is seeking to expand its collaboration with Boeing in various aviation industry segments, including in maintenance, repair and overhaul (MRO) services.