The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic reserves amid declining output.

The move piles pressure on global tech giants such as Facebook-owner Meta Platforms and Alphabet's Google to pay publishers for content or face the risk of paying millions to continue operations in Australia. The rule to affect tech firms with local revenue over A$250 million. 

Coordinating Economic Minister Airlangga Hartarto said Indonesia had to consider using nuclear power as it was a potential source of clean energy to replace fossil fuels.

Korean Air's purchase of debt-laden Asiana first announced in 2020. Deal had been hampered by competition concerns and required concessions to regulators.

The local arm of US-based PepsiCo committed itself to building the snack factory back in 2023, with investment estimated at US$200 million over a 10-year period.

The annual observation of Human Rights Day on Dec. 10 reminds us that everyone has the right to live in justice and prosperity without discrimination. This year’s theme of "Our Rights, Our Future, Right Now," emphasizes the importance of respecting human rights as a foundation for building a better society, especially for children.

The government will develop downstream industries, the digital economy and the semiconductor industry as the additional key drivers of growth.

Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of US consumer inflation cemented bets for a Federal Reserve interest-rate cut next week.

The EU and US are eager to get their companies to shift their focus from China to alternative emerging markets, particularly in ASEAN, but say regulatory uncertainty in Indonesia threatens FDI opportunities.

If the merger goes through, Axiata and Sinar Mas will each own 34.8 percent in XLSmart with “equal influence” over the firm’s strategic direction.

New President Prabowo offered a surprise commitment at last month's G20 summit to close hundreds of coal and fossil-fuel power plants by 2040, a bold pledge from one of the world's top coal producers and consumers.

The government plans to prioritize nuclear power plant development to meet demand outside ofJava, particularly for industrial parks and smelters.

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China.

President Joe Biden's administration has finalized a series of subsidies, including a $7.86 billion award for Intel, $6.6 billion for Taiwan Semiconductor Manufacturing Co's US unit and $1.5 billion for GlobalFoundries.

The government is planning to impose further curbs on domestic nickel production in a bid to improve global prices and local miners, but has not provided a potential time frame.

China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.

The Financial Services Authority (OJK) and the government plan to gradually build a complete gold investment ecosystem, including a national gold council and hallmarking to ensure product authenticity.

Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork.

The statement, posted on his social media platform Truth Social, did not offer further details. 

The consumer confidence index (CCI) increased to 125.9 points in November from 121.1 in the previous month, according to a BI survey released on Monday.

For more than one year the government has failed to relocate hundreds of Rempang Island residents to make way for what is promised to be the world’s second-largest glass and solar panel manufacturing site.

The IDX Composite closed up 0.21 percent on Tuesday despite foreign outflows and global economic concerns.

Delta Dunia director Iwan Fuad Salim says the firm needed to diversify its financing sources to remain competitive.

Prabowo told his ministers and government officials that such tensions are expected to slow the growth of the world's major economies, without mentioning any country although citing a "military emergency" as an example.

The public’s increasing interest in online shopping is fully supported by the government through economic policies that favor small and medium enterprises (SMEs) and the community. For the past 12 years, the government has supported National Online Shopping Day (HARBOLNAS), initiated by the Indonesian E-Commerce Association (idEA), which is celebrated every Dec. 12. This initiative has proven to drive the growth of Indonesia's digital economy year after year.

Southeast Asia’s largest and fastest-growing household retail industry leader, MR.DIY, was recognized as a record holder within the Indonesia World Records Museum (MURI) on Nov. 9th, 2024.

Trust divides control equally among Rupert Murdoch’s four oldest children.