The OJK plans to issue a new regulation on BNPL services that requires users to be over 18 and have a monthly income of at least Rp 3 million in a bid to control the popular payment method and protect consumers against falling into a debt spiral.

Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the US dollar charged higher and investor sentiment stayed cautious ahead of Donald Trump's return to the White House.

Singapore's economy beat forecasts to grow 4 percent in 2024 despite a slowdown in the fourth quarter, preliminary government data showed on Thursday.

Russia's gas transit to Europe via Ukraine stopped on Wednesday, Moscow and Kyiv said, ending a decades-long arrangement and marking the latest casualty of the war between the neighbors.

President Prabowo Subianto and Finance Minister Sri Mulyani Indrawati jointly announce that the VAT hike from 11 percent to 12 percent would only apply to luxury goods and services.

The House of Representatives has suggested a land amnesty to legalize ownership over millions of hectares of land with no right to cultivate (HGU) and to collect more state revenue.

Despite multiple invitations, the tech giant’s designated negotiator, Nick Ackman, has yet to come to Indonesia for any meetings, frustrating officials eager to finalize the deal.

Japan's Nippon Steel has proposed giving the US government veto power over any potential cuts to US Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker, a source familiar with the matter said on Tuesday.

The Agriculture Ministry and the Public Works Ministry have identified around 2 million hectares of land that will be irrigated for the food self-sufficiency program.

“I think, in the future, we also have to increase palm oil plantations. We don’t have to be afraid of endangering, what is it called, deforestation, right?” Prabowo said.

The government says there is no reason for additional aircraft inspections even after authorities in South Korea on Monday ordered a "comprehensive inspection" of all Boeing 737-800s aircraft operated by domestic carriers.  

As part of its ongoing commitment to the environment, PT Nestlé Indonesia is steadfast in its efforts to distribute 5,000 school benches crafted from postconsumer recycled plastic. In the initial stage, a total of 720 recycled benches will be thoughtfully allocated to 72 elementary schools across DKI Jakarta, Pringsewu Regency, Tanggamus Regency, Bandar Lampung City, Sukabumi Regency, and Karawang Regency. This initiative serves as a testament to PT Nestlé Indonesia's ongoing commitment to fostering a greener future and promoting responsible waste management practices.

PT Nestlé Indonesia has won the silver award in the "Best Practice in Creating Shared Value" category in the 2024 Indonesia Corporate Sustainability Award, showcasing its commitment to creating shared benefits through partnerships with dairy farmers. 

The reduction of stunting in toddlers is a priority for Indonesia as the problem becomes increasingly prominent in society. The national target in 2024 is to reduce the prevalence of stunting by 14 percent.

China's manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world's number two economy.

An independent smallholder group from Indonesia has been recognized by the Roundtable on Sustainable Palm Oil (RSPO), becoming a Newly Certified Independent Smallholder Group for 2023/2024.

“Stop prodding at the finance minister,” the President joked.

Failing to develop supporting infrastructure and regulations, as well as nurturing local talent, could cause Indonesia to be sidelined in the global AI boom, multiple surveys show, while experts caution about taking a balanced approach to mitigate related risks.

Amid sluggish performance, the Indonesia Stock Exchange (IDX) and regulators highlighted silver linings and expressed optimism for next year.

The state electricity company expects to incur earning losses of over $600 million from the government's 50 percent discount for certain residential consumers to soften the impact of the VAT hike in January.

Under the proposed structure, Pelindo, which manages numerous ports across the archipelago, will act as the holding company, while Pelni and ASDP will become business units.

Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity valuations while underpinning the US dollar near multi-month peaks.

Conversational artificial intelligence (AI) tools may soon "covertly influence" users' decision making in a new commercial frontier called the "intention economy", University of Cambridge researchers warned in a paper published Monday.

The government maintains that the economic situation remains under control, despite warnings from businesses and analysts.

Carmakers maintain they can still aim to sell 1 million units of new vehicles next year, despite a revised 2024 target to 850,000 vehicles from 1 million.

President-elect Donald Trump has urged the US Supreme Court to pause implementation of a law that would ban popular social media app TikTok or force its sale, arguing he should have time after taking office to pursue a "political resolution" to the issue.

Federal prosecutors in Brazil are weighing possible criminal action after labor inspectors found 163 Chinese workers "in slave-like conditions" at the construction site in the northeast state of Bahia, a government statement said.