The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the "bitcoin and cryptocurrency capital of the world".

The tech giant has published a website notice alerting all users of an impending billing increase as a result of the planned VAT hike to 12 percent starting in January 2025, preempting the government's formal decision on the matter expected next week.

Renting has become an alternative option for those who prefer to avoid long commuting times from the outskirts of Jakarta, given that homeownership in the city center is unaffordable.  

The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin galloped past US$100,000 for the first time.

Banks must recognize that the depth of tech failures goes far below the surface of complaints and downtime, to a hidden layer of infrastructure, coding and configuration that accounts for as much as 90 percent of failure costs.

Analysts say the agreement lacks the ambition needed for an equitable energy transition in Indonesia and have expressed concern over high costs and complex negotiations stalling progress.

The Industry Ministry found that the US$100 million investment proposal did not meet four aspects of fairness.

While the organization raised its 2025 global growth forecast to 3.3 percent, it cautioned that "greater trade protectionism, particularly from the largest economies" poses a "downside risk" along with geopolitical tensions and high public debts.

Investment and Downstream Minister Rosan Roeslani said on Tuesday that he was looking to get Apple’s written commitment within a week.

The head of Indonesia’s state-owned electricity company noted that retiring coal-fired power plants ahead of schedule will incur significant expenses, including the cost of building renewable energy power sources with the same capacity and reliability as the retired facilities.

South Korea's finance ministry said on Wednesday it was ready to deploy "unlimited" liquidity into financial markets after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

Energy and Mineral Resources Minister Bahlil Lahadalia said on Nov. 27 that the government would only provide subsidized fuel to vehicles with yellow license plates, the plates used for public transportation and trucks. 

The European Commission in October proposed a 12-month delay until Dec. 30, 2025 after complaints from 20 EU countries, some companies and countries such as Brazil and Indonesia. EU governments backed the move.

Bank Indonesia (BI) Governor Perry Warjiyo has signaled that the central bank will have less room for continued monetary policy easing next year as pressure mounts on the rupiah as a result of the more inward-looking policy expected from the administration of US president-elect Donald Trump.

Among the materials banned from export are metals gallium, antimony and germanium, Beijing's commerce ministry said in a statement that cited "national security" concerns.

President Prabowo Subianto has stated that Indonesia must not only pursue self-sufficiency in rice, he also wants the same for every other foodstuff in the future.

The company seeks to position itself as the center of aircraft maintenance in the Asia Pacific and Australia. 

A slew of Australia's most lucrative export commodities were effectively banned from China starting in 2020, as relations between the two nations started to fray.

Ahead of a second presidential term for president-elect Donald Trump in the United States, Luhut Pandjaitan’s National Economic Council (DEN) has advised the government to “play smart” in its dealings with the world’s largest economy to prevent a strong reaction.

In response to a rise in low-cost goods shipped in from abroad, the government has temporarily suspended imports of sheep carcasses and lamb meat to reduce pressure on local farmers and protect the country’s livestock businesses.

Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania, which it says it may have to shutter if the sale is blocked.

Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.

iDA (Indosat Digital Analytics) by Indosat Business secured the AI Impact Leader of the Year award in the Big Data & Analytics category at the Future AI Summit & Awards 2024 held in Jakarta recently.

Mikko Keto, CEO of mining and cement technology and service supplier FLSmidth, speaks to The Jakarta Post’s Divya Karyza about the company’s views on regulatory and industry challenges and what to expect in the coming years.

Southeast Asia’s biggest economy expects the agreement to pave the way for greater access to the region, including to the United States.

Hashim Djojohadikusumo, Prabowo’s top adviser and biological brother, said on Sunday that the Third Deputy Finance Minister Anggito Abimanyu is set to take helm of the planned body once it is established.

The IDX Composite (IHSG) dropped by 0.95 percent on Monday. Investors remained cautious because of US trade threats and local concerns over the VAT increase.