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Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment.
6 months agoDevelopers and experts in the property industry have hit back at the government's proposed housing offtake agency, raising questions about funding and staffing as well as concerns regarding added inefficiencies, especially amid the ongoing slew of costly flagship projects. ...
6 months agoSocial media influencers are often paid to promote certain messages or campaigns. ...
6 months agoBGN has spent Rp 7.9 trillion of its budget to serve 8.2 million recipients and expects that figure to rise significantly by the end of the year.
6 months agoIndonesia seeks to import lithium from Australia to fill a key gap in its electric vehicle (EV) battery supply chain, as part of its broader push to become a global EV manufacturing hub.
6 months agoIn a report released on Wednesday, the eSafety Commissioner said YouTube, along with Apple, failed to track the number of user reports it received of child sex abuse appearing on their platforms and also could not say how long it took them to respond to such reports.
6 months agoAs the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.
6 months agoExecutive order expected to instruct regulators to investigate whether financial institutions have breached the Equal Credit Opportunity Act, antitrust laws or consumer financial protection laws by dropping customers for political reasons.
6 months agoCountries will focus on domestic production and encourage companies to shift overseas production back home, widely known as reshoring.
6 months agoThe move is a response to the recent copyright infringement case involving PT Mitra Bali Sukses, the operator of the popular Mie Gacoan noodle franchise in Bali, which has sparked public debate.
6 months agoThere are currently 1,200 civil servants in Nusantara, supported by up to 5,000 construction workers.
6 months agoIndonesia’s economic growth has far outstripped forecasts thanks to infrastructure projects getting pushed ahead and state-sponsored consumption incentives.
6 months agoAustralia is considering setting a price floor to support critical minerals projects, including rare earths, Resources Minister Madeleine King said, in comments that led to a jump in share prices for Australian-listed rare earths miners.
6 months agoThe US dollar wavered on Tuesday as the rising odds of Federal Reserve rate cuts weighed on sentiment, while investors assessed the broader economic impact of US tariffs unleashed last week.
6 months agoUS import tariffs vary for goods shipped in from different Southeast Asian countries, with the 19 percent duty faced by Indonesian exporters falling between the extremes.
6 months agoLast year, ahead of President Prabowo’s inauguration, the government revoked the international status of 17 airports to eliminate underperforming ones and improve the struggling post-pandemic aviation sector.
6 months agoAuto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.
6 months agoThe PPATK announced that it had reactivated 28 million blocked dormant accounts on Thursday in response to public backlash following a meeting between PPATK head Ivan Yustiavandana and President Prabowo Subianto a day earlier.
6 months agoAsian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by Donald Trump and a US jobs report that fanned fears about the world's top economy.
6 months agoIndonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.
6 months agoThe New York Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.
6 months agoState asset fund Danantara has announced a major overhaul of bonus and compensation rules for SOE directors and commissioners, aligning rewards with global standards.
6 months agoIndia will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter.
6 months agoPT Daya Intiguna Yasa Tbk (MR.D.I.Y. Indonesia) closed the first semester of 2025 with revenue rising 16.5 percent year-on-year (yoy) to Rp 3.7 trillion (US$223.97 million), while total transactions increased by 11.6 percent to 47.6 million transactions.
6 months agoGlobal markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect.
6 months agoWhile many retail investors turn to influencers for investment clues, authorities struggle to contain misinformation online.
6 months agoCPO emerged as the standout performer, with exports reaching $11.4 billion in the first half, a 24.8 percent increase from the same period last year.
6 months agoThe government previously stated that until the deal is formalized, Indonesian exports would remain subject to a 10 percent baseline tariff.
6 months agoEuropean stocks hit a 4-week low on Friday at the end of a busy week as investors worried about the impact of fresh US levies on dozens of countries, including a 39 percent tariff on Switzerland.
6 months agoThe CPI grew 2.37 percent on an annual basis last month, primarily due to volatile foods component, which rose by a steep 3.82 percent, along with a monthly uptick of 0.82 percent in education costs to coincide with the start of the 2025-2026 school year.
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