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Indonesia’s manufacturing activity has improved but remains in negative territory due to weak output and demand, while producers’ confidence is at a low due to US tariff jitters.
6 months agoTrump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favour of the US economy. ...
6 months agoLaunched by the IBC on July 24, the Indonesian Carbon Market Academy (ICMA) aims to equip players in the local carbon market with the capacity they need to be globally competitive and contribute to the country's 2050 net-zero goal. ...
6 months agoTrump set rates including a 35 percent duty on many goods from Canada, 50 percent for Brazil, 25 percent for India, 20 percent for Taiwan and 39 percent for Switzerland, according to a presidential executive order.
6 months agoAsian shares fell on Friday after the US slapped dozens of trading partners with steep tariffs, while investors anxiously await US jobs data that could make or break the case for a Fed rate cut next month.
6 months agoThe venture capital arms of Telkom, BRI and Bank Mandiri are entangled with fraud-ridden start-ups, with the CEO of Telkom’s VC arm currently detained as a suspect.
6 months agoAmid ongoing global geopolitical tensions and economic uncertainty, Indonesia’s telecommunications industry faces a range of complex challenges that impact growth, competitiveness and innovation capacity.
6 months agoBank Central Asia (BCA) posted a net profit of Rp 29 trillion (US$1.7 billion), up 8 percent year-on-year (yoy), in the first half of this year, in line with growing loan disbursement and funding, as well as rising transaction volume.
6 months agoThe state-owned energy is aiming for a mid-August test flight as it begins production on its new SAF made from used cooking oil, in a bioavtur synthesis process for which it developed the "Red and White catalyst".
6 months agoSince World War II, most politicians and economists view free trade as a pillar of globalisation, enshrined in the 1947 signing of the GATT accord.
6 months agoThe event will discuss efforts to turn Indonesia's great potential in renewable energy toward supporting the energy transition and becoming a regional leader in the sector.
6 months agoPresident Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim agreed in June to resolve border disputes, including joint management of the Ambalat block.
6 months agoChina raised concerns over potential security risks in Nvidia's H20 artificial intelligence chip, casting uncertainty over the US company's sales prospects in China weeks after a US export ban was reversed.
6 months agoThe government's new “community oil well” initiative aims to reactivate idle wells under the operation of MSMEs as a means of boosting national output, with initial sales slated to begin on Aug. 1.
6 months agoThe move aids manufacturers, but does little to boost the constrained US copper mining industry, which for years has asked Washington for permitting reform or other steps that could fuel growth.
6 months agoChina's factory output shrank more than expected in July, official data showed on Thursday, logging its fourth straight month of contraction as Beijing battles to hammer out a trade deal with the United States.
6 months agoThe specialty chemicals producer currently supplies chemical products to about 80 partners from various industries in Indonesia.
6 months agoIndonesia’s commitment to import $15 billion worth of oil and gas from the United States under a recently agreed bilateral trade deal clashes with the country’s long-term objectives for energy security and diversification.
6 months agoAt least half of all businesses nationwide have carried out layoffs so far this year, according to a survey conducted by the Indonesian Employers Association (Apindo).
6 months agoTrump's newly announced "world tariff" plan for rates between 15 and 20 percent has left the government in a state of agitated ambiguity, especially following the comprehensive concessions Indonesia has made to secure a 19 percent tariff via the recently agreed framework trade deal with the US.
6 months agoThree new suspects have been detained as part of the South Jakarta DAO's expanding probe into the graft scandal involving TaniHub that has been linked to SOE venture funds, underscoring the broader issues of transparency and accountability in the start-up landscape.
6 months agoThe US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.
6 months agoParamadina University rector Didik Rachbini praised Kwik as a courageous intellectual who upheld economic integrity and “played a major role in applying checks and balances to national policy.”
6 months agoThe Industry Ministry plans to revise local content requirements (TKDN) following the recent trade agreement reached with the United States, in which Indonesia has agreed to remove TKDN requirements for US firms.
6 months agoAccording to QRIS transaction data from Bank Mandiri, the Rojali-Rohana phenomenon is evident and reflects changing spending patterns within mall ecosystems.
6 months agoTrump told reporters his administration will notify some 200 countries soon of their new "world tariff" rate.
6 months agoThe Communications and Digital Ministry is set to use the report as the foundation for the national AI road map, which is slated to be unveiled for public discussion in August.
6 months agoForeign direct investment (FDI) has declined sharply, but the overall investment figure continued to rise in the second quarter (Q2) as domestic businesses picked up the slack.
6 months agoThe euro struggled to recoup its steep losses on Tuesday as investors sobered up to the fact that terms of the trade deal between the US and the European Union favored the former and hardly lifted the economic outlook of the bloc.
6 months agoIndonesia’s cocoa industry is in dire need of rejuvenation and replanting to take advantage of a global supply dearth keeping prices at a new, elevated equilibrium.
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