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View all search resultsThe consecutive quarterly profit fall comes as BYD faces tougher competition in its home market from the likes of Geely and Leapmotor, which have been taking share from BYD in the budget car segment.
5 months agoFinance Minister Purbaya Yudhi Sadewa emphasized that state-owned banks should not use the funds to lend to conglomerates or purchase dollars. ...
5 months agoNational and regional wage councils are set to play a central role in shaping the formula used to determine minimum wages for next year, unlike last year, when the President himself decided how much wages should rise. ...
5 months agoIndonesia Stock Exchange (IDX) has revised its initial public offering (IPO) target for this year, slashing the number of companies to be newly listed from 66 to 45, as it seeks to focus on bringing quality issuers to the market.
5 months agoAn official with the Cs-137 task force says the country is ready meet a request from a US spice association to resume clove exports to meet local holiday demand amid the FDA's elevated import requirements for Indonesian spices and shrimp.
5 months agoOne of the key issues being discussed is the list of commodities to be exempted from the tariffs, with the government saying Indonesia is likely to receive terms similar to those obtained by Malaysia.
5 months agoGoogle parent Alphabet reported its first-ever US$100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.
5 months agoThe Energy Ministry revealed that developing renewable energy facilities in eastern Indonesia would require an investment of approximately $106.3 billion.
5 months agoUS President Donald Trump and China's leader Xi Jinping were set to hold talks in South Korea on Thursday morning, seeking a return to a fragile trade war truce between the world's two largest economies.
5 months agoA new safeguard duty on imported cotton yarn aims to protect local spinners from cheap imports, but the garment industry has warned that costlier materials will hurt its competitiveness in global markets.
5 months agoVictory Chingluh Indonesia plans to lay off thousands of workers after reducing its workforce by 2,000 in March, but labor union group KASBI says workers are unfairly paying the consequences for an issue to do with production quality.
5 months agoThe National Consumer Protection Agency (BPKN) announced plans to summon PT Tirta Investama, Danone’s local subsidiary and Aqua’s producer, for clarification following concerns that the water might not come from mountain springs as advertised.
5 months agoThe government says last month’s liquidity injection into the financial market should not raise inflation concerns because the country’ economy is still below its potential output capacity.
5 months agoThe US dollar drifted up from a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut by the Federal Reserve later in the day.
5 months agoAfter the roadmap is published, ministries and agencies will be required to draft their own AI guidelines, as detailed enforcement will fall under sector-specific regulations.
5 months agoThe Finance Ministry seeks to fix software bugs and faulty infrastructure in its new online tax system in time for next year’s filing season to prevent a repeat of complaints and delays experienced earlier this year.
5 months agoAs of September, credit expanded by only 7.7 percent year-on-year, or only 4.3 percent year-to-date.
5 months agoAmman Mineral International said the disruption was caused by damage to the flash converting furnace, and sulfuric acid plant units.
5 months agoTaking place from Oct. 25 to 28, this year’s ASEAN Summit will be held in Malaysia and is set to be a critical moment in reshaping the Indo-Pacific’s role in the evolving global order.
5 months agoThe Manpower Ministry has expelled 94 foreign workers from the special economic zone (SEZ) in Sei Mangkei, North Sumatra, for failing to meet legal requirements.
5 months agoThe company plans to debut its all-electric "kei" car - a class of pint-sized, affordable vehicles smaller than a two-door Mini Cooper - at the Japan Mobility Show that opens to the public on Friday.
5 months agoAny loan will be funded by the central government's budget, must be approved by parliament and must have a tenure longer than 12 months.
5 months agoA new presidential regulation is slated to offer greater protection for ojol and introduce fare rules for on-demand transportation services, according to the state secretary, following wave of violent protests.
5 months agoThe Southeast Asian bloc ASEAN and China on Tuesday signed an upgrade to their free trade agreement, which is expected to include sections on digital, green economy and other new industries.
5 months agoJakarta’s tariff deal with Washington remains stuck amid a shutdown of the United States government, yet some of Indonesia’s regional peers managed to secure agreements last weekend.
5 months agoBank Indonesia (BI) plans to roll out additional macroprudential liquidity incentives (KLM) on Dec. 1 through new disbursement schemes to boost sluggish credit growth and expedite the pass-through of central bank rate cuts to commercial banking rates.
5 months agoThe five-year bond has a coupon of 2.5 percent, while the 10-year one offers 2.9 percent.
5 months agoThe new cooperation agreement expands flight frequencies, routes and destinations between the two countries and increases opportunities for codeshare arrangements, crew recruitment and maintenance partnerships.
5 months agoLula said at a briefing on the sidelines of the ASEAN summit in Malaysia that his discussions with Trump had gone welland that an agreement would be reached "faster than anyone thinks."
5 months agoMarkets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional 100 percent tariff on Chinese goods was "effectively off the table".
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