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The Manpower Ministry has expelled 94 foreign workers from the special economic zone (SEZ) in Sei Mangkei, North Sumatra, for failing to meet legal requirements.
1 week 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. ...
1 week 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. ...
1 week 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.
1 week 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.
1 week 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.
1 week 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.
1 week agoThe five-year bond has a coupon of 2.5 percent, while the 10-year one offers 2.9 percent.
1 week 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.
1 week 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."
1 week 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".
1 week agoAs President Prabowo Subianto declares Indonesia “self-sufficient” after just one year in office, farmer groups warn that shrinking farmland may soon undercut that achievement, urging the government to prioritize land protection and structural reform over costly expansion programs.
1 week agoUS President Donald Trump signed a flurry of deals on trade and critical minerals with three Southeast Asian partners on Sunday, as Washington looked to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.
1 week agoUnder the agreement, Chandra Asri will continue to operate the stations under the Esso brand and source branded fuels from ExxonMobil, while retaining all current employees involved in running the business.
1 week agoChina's top trade negotiator Li Chenggang and Chinese Vice Premier He Lifeng arrived on Sunday at a venue in Kuala Lumpur for a second day of trade talks between the United States and China.
1 week agoWhile China's economic goals for 2026-2030 further tilt toward tech innovation and industrial upgrades, policymakers promised more efforts to boost domestic consumption.
1 week agoIn a factory in southern Ivory Coast, where machines hum to produce chocolate bars and spreads, twin brothers dream of becoming "giants of cocoa processing".
1 week agoThe Indonesian Tourism Industry Association (GIPI) has criticized the recently passed tourism law for removing the group’s formal recognition as the representative body for businesses in the tourism sector.
1 week agoUnited States President Donald Trump's administration has sounded the alarm over potential turmoil at airports as the government shutdown threatens to drag into November, warning of ruined vacation plans for millions of Americans.
2 weeks agoA senior banking executive views lingering global economic challenges not as threats, but as opportunities for Indonesian investors to diversify their asset allocation, both internationally and domestically, amid the country’s expanding affluent population.
2 weeks agoBrazil is the world leader in the use of sugarcane-based ethanol as car fuel, with its national mandatory blend reaching as high as 30 percent.
2 weeks agoPT Nestlé Indonesia and the Halal Product Guarantee Agency (BPJPH) have signed a memorandum of understanding (MoU) to promote economic inclusivity by accelerating halal certification for micro, small and medium enterprises (MSMEs).
2 weeks agoHong Kong is abuzz with excitement ahead of the 15th National Games (NG), which will take place from November 9 to 21, 2025, as is the atmosphere in the cohost jurisdictions of Guangdong and Macao, which are all anticipating this monumental milestone for China’s Greater Bay Area.
2 weeks agoAccording to a disclosure to the Indonesia Stock Exchange (IDX), Sampoerna bought the bonds in two tranches under Danantara’s 2025 phase I long-term debt securities program.
2 weeks agoTop economic officials from the US and China are due to arrive in Kuala Lumpur on Friday for talks to prevent a trade war escalation and keep next week's meeting between US President Donald Trump and Chinese President Xi Jinping on track.
2 weeks agoThe administration of President Prabowo Subianto has secured multiple trade agreements in its maiden year, partly thanks to the global pressure of an increasingly protectionist United States, but in bilateral talks with the US itself, Indonesia gave much and got little.
2 weeks agoOil prices rose nearly 5 percent on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in Ukraine, extending gains from the previous session.
2 weeks agoAgriculture Minister Amran Sulaiman projects Indonesian exports soaring to Rp 2.4 quadrillion as the government accelerates downstream processing of coconuts and other key commodities.
2 weeks agoPresidents of the two countries witnessed the signing of agreements on oil, gas, electricity, technology, mining and agriculture, coming several months after US President Donald Trump imposed a tariff rate of 19 percent on imports from Indonesia under a new pact, and a 50-percent tariff on Brazilian products.
2 weeks agoIn parallel with the rapid growth of Indonesia’s digital economy, the digital advertising sector has become a key driver in supporting business growth across the country.
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