US Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said on Tuesday that the agency plans to remove synthetic food dyes from the US food supply by revoking authorizations of some and working with industry to voluntarily remove others.
1 week agoThe return of aggressive protectionism under Trump 2.0 presents an opportunity for Indonesia to increase its competitiveness and role in the global trade landscape, but this will require more investment and effort at home, as well as political will. ...
1 week agoWorldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies. ...
1 week agoPeople living in Greater Jakarta area took to social media expressing their frustration as they were stuck in traffic leading to the port for hours.
1 week agoAs a top-tier government delegation kicks off trade talks in Washington, Jakarta is counting on critical minerals to help secure access to the United States market for Indonesian goods, but the highly protectionist administration led by President Donald Trump is looking to reduce import dependence in that area too.
1 week agoThe government has vowed to trade with China as usual after Beijing warned other countries against striking tariff deals with the United States at China’s expense.
1 week agoTrue to form, Indonesia has taken a trade diplomacy approach in response to a report by the US Trade Representative criticizing QRIS as a foreign trade barrier, highlighting Jakarta's readiness to cooperate with Washington on the matter.
1 week agoThe Energy and Mineral Resources Ministry has criticized South Korea’s LG Energy Solution’s decision to withdraw from a Rp 142 trillion (US$8.45 billion) project to develop electric vehicle (EV) battery manufacturing in Indonesia.
1 week agoThe tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.
1 week agoGold prices hit a fresh record on Monday while the dollar tumbled further along with Wall Street equities as President Donald Trump again slammed Federal Reserve Chair Jerome Powell.
1 week agoIndonesia unexpectedly booked a large trade surplus in March thanks to surging exports to the United States before import tariffs imposed by US President Donald Trump took effect.
1 week agoLPG is the primary cooking fuel for households across the country and Indonesia largely relies on imports of the commodity to meet domestic demand.
1 week agoTelkom’s Telkomsel currently leads Indonesia’s mobile market, closing out 2024 with 159.4 million subscribers, followed by IOH with 94.7 million users and XLSmart with 94.5 million.
1 week agoThe guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur Indonesia (PT PII), the ministry’s infrastructure guarantee vehicle.
1 week agoGold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve.
1 week agoChina on Monday warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiraling trade war between the world's two biggest economies.
1 week agoFiscal discipline is the key to riding out the "perfect storm" swirling around the state budget due to weakening exports amid a global trade war and planned tariff concessions to appease Washington, according to economists who also cautioned about the government's readiness in strategizing for a worst-case scenario.
1 week agoThe 737 MAX, which was meant for China's Xiamen Airlines, landed at Seattle's Boeing Field at 6:11 p.m. (0111 GMT), according to a Reuters witness. It was painted with Xiamen livery.
1 week agoEarlier this year, Industry Minister Agus Gumiwang Kartasasmita floated a proposal urging car manufacturers to lower new vehicle prices in a bid to reignite demand.
1 week agoThe closure of Tupperware Indonesia in January was almost a foretold outcome over years of falling sales and an outdated business model amid the rise of e-commerce and local competition, leaving behind a digital legacy of humorous memes.
1 week agoBoth sides have agreed that the negotiations, set to complete within 60 days, will include investment and trade partnerships, critical minerals and the development of a reliable supply chain corridor.
1 week agoIt is one of two federal suits targeting Google that could ultimately see the company split up and curb its influence—and part of a wider government push to rein in Big Tech.
1 week agoThe body noted that the auction process, management handover and subsequent implementation of construction work would soon take place.
1 week agoBoeing seeks to involve local industry in the fighter jet’s supply chain and training, as well as maintenance, repair and operation.
1 week agoThe talks between Ryosei Akazawa and President Donald Trump and other senior US officials were closely watched as a barometer for Washington's negotiations with other countries reeling from US tariffs
2 weeks agoBesides critical minerals, the industry minister also confirmed that the petrochemical sector is on the table.
2 weeks agoCompanies have to submit a due diligence statement annually, rather than for each shipment or batch of goods placed on the EU market, the Commission said in rule changes published late on Tuesday in response to industry demands.
2 weeks agoA new incentive targeting hydrogen-powered cars might be on the books as the government considers options on how to absorb PLN's excess supply of the gas, which could help fuel Indonesia's energy transition.
2 weeks agoRubio and Indonesian Foreign Minister Sugiono "discussed ways to deepen defense and security cooperation, including efforts to uphold freedom of navigation and overflight in the South China Sea in accordance with international law," the State Department said in a statement.
2 weeks agoWith a rapidly growing digital economy and increasing AI adoption, the nation is well-positioned to capitalize on this technological shift.
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