President Prabowo Subianto has “greenlit” the new arrangements and the government will soon introduce an implementing regulation, Airlangga said.
4 months agoBank Tabungan Negara (BTN) has announced plans to grow further in the Islamic banking industry following its recent acquisition of Bank Victoria Syariah (BVS). ...
4 months agoThe government is considering seeking additional funding to achieve this year’s full recipient target for President Prabowo Subianto’s flagship free nutritious meals program amid struggles to cover ballooning costs. ...
4 months agoDeputy Industry Minister Faisol Riza said Trump’s tariff policies were likely to push Chinese businesses to shift operations to Southeast Asia to maintain access to the United States market.
4 months agoAt Monday's ceremony to inaugurate 37 electricity projects in Sumedang, West Java, the President doubled down on his promise to end fuel imports as part of his administration's food and energy self-sufficiency drive.
4 months agoComing from a Qatari private entity, the investment is estimated at US$16,000 to $20,000 per apartment unit.
4 months agoTo promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10. Jakarta Post had an exclusive interview with him.
4 months agoWhile the current hot streak may calm down in the coming months, experts and industry insiders expect volatility will remain the watchword, giving little visibility for producers -- two-thirds of whom farm parcels of less than one hectare (2.5 acres).
4 months agoThe guide encourages the economic bloc’s member states to adopt its recommendations voluntarily, which serve as a useful starting point for alignment among ASEAN countries, the report noted
4 months agoThe ruling could still be appealed, but with the WTO’s appellate body being inactive since 2019, it raises concerns about enforcement, potentially rendering the ruling irrelevant for Indonesia.
4 months agoPLN says high costs remain a challenge for the state-owned electricity company’s efforts to slash emissions from its coal-fired power plants through the use of carbon capture and storage (CCS) technology.
4 months agoAccording to Financial Services Authority (OJK) regulation, sharia banking units with assets exceeding Rp 50 trillion (US$3.04 billion) must either spin off into separate entities or merge their assets with other sharia banks within two years of crossing the threshold.
4 months agoThe International Monetary Fund (IMF) and the World Bank have both kept their projections for Indonesia’s 2025 gross domestic product (GDP) growth unchanged while flagging long-term challenges for emerging economies.
4 months agoIndonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals.
4 months agoTraders in Jakarta are bracing for the inauguration of Donald Trump as US president on Monday and will watch closely for his day-one policies, especially for potential changes in trade and immigration policies that could impact global business and investor sentiment.
4 months agoChina and Hong Kong stocks jumped on Monday as US President-elect Donald Trump and Chinese President Xi Jinping's call eased some of the Sino-US tensions.
4 months agoAustralia will reward power-guzzling aluminum smelters that use renewable electricity instead of coal, Prime Minister Anthony Albanese said Monday as he unveiled a US$1.2 billion green metals plan.
4 months agoThe government has said it will be pursuing a bilateral trade agreement with the United States during Donald Trump’s presidency, but whether that succeeds will depend on what Indonesia can bring to the discussion table.
4 months agoThe President has urged greater involvement of private companies in boosting the economy as part of "Indonesia incorporated", including in infrastructure development.
4 months agoGlobal growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.
4 months agoThe certificates will come from emission reductions from several power projects on Java Island worth 2.48 million metric tons of carbon dioxide equivalent (CO2e), the Ministry of Environment said.
4 months agoThe Jakarta branch of the Indonesian Chamber of Commerce and Industry (Kadin) said that the government’s plan to stop issuing new groundwater extraction permits to businessmen in the Greater Jakarta area is expected to badly impact businesses.
4 months agoBali and other cities in Indonesia have either ceased or reduced their transportation services due to a lack of funding from central and local governments.
4 months agoThe IDX Composite closed the week on Friday up 0.66 percent, and an MNC Sekuritas analyst says the index could strengthen further if it stays above the 6,931 support level.
4 months agoThe country's first e-commerce unicorn is ceasing sales of physical goods to focus on digital goods and services, citing minimal revenue contribution, shift in demand and increasing competition since the company's founding almost 15 years ago.
4 months agoThe energy minister says the government is thinking of pulling the operating permits of oil and gas companies with idle projects to accelerate domestic output by 2030 as part of a broader strategy to reduce the country's reliance on costly imports.
4 months agoAnindya is the sole candidate for the chairmanship, as Arsjad said in November that he would not seek re-election at Thursday’s congress.
4 months agoChina's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.
4 months agoPension age hike could result in a longer “waiting period” for workers who retired before the age of 59, delaying their access to the state-run pension program’s benefits.
4 months agoThe IDX Composite closed 0.39 percent higher on Thursday after better-than-expected US core inflation data and a surprise interest rate cut by Bank Indonesia.
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