The government apparently sees no problem with local miners importing nickel ore for further processing at their smelters, with the APNI warning that the current expansion in smelters could quickly deplete domestic reserves.

Funding for new infrastructure is currently frozen at the directive of Finance Minister Sri Mulyani Indrawati, pending coordination among ministries under the leadership of the National Development Planning Agency (Bappenas).

Publicly listed petrochemical and energy firm PT Chandra Asri Pacific (CAP) is facing delays in the construction of new plants that would produce caustic soda and ethylene dichloride (EDC), as the company has yet to acquire their environment impact analysis (Amdal) permits.

The re-election of Donald Trump as United States president will likely do little to ease talks with Jakarta about a free-trade agreement (FTA), but such a deal may not be necessary to open the US market for Indonesian nickel.

The IDX Composite declined for the fourth consecutive trading day on Monday, falling by 0.38 percent to 7,134.28 amid significant capital outflows.

The Indonesian Heavy Equipment Manufacturers Association (Hinabi) has lamented the low demand for locally made heavy equipment.  

A delegation of Indonesian business groups signed five memorandums of understanding (MoUs) with Brazilian counterparts at the Indonesia-Brazil Business Forum in Rio de Janeiro on Sunday, which if they are seen through as outlined, could be worth a combined US$2.65 billion.

Empowering Indonesians through digital and technological advancement is becoming increasingly crucial as the country aims to achieve its Golden Indonesia 2045 vision, with digital telecommunication company Indosat Ooredoo Hutchinson committed to driving Indonesia’s transition toward AI sovereignty.

Publicly listed PT Bumi Resources (BUMI), Indonesia’s largest thermal coal miner, has reportedly signed an agreement with a Chinese company to develop a downstream coal project.

An NTT-based NGO that won second place in a recent Schneider Electric competition says the government should focus on providing renewable-based power solutions in remote regions in its pursuit of a just energy transition.

Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation.

The country’s GMV is projected to grow by 13 percent to US$90 billion by the end of the year after previously expanding by only 6 percent last year.

Before his entry to Garuda, Wamildan Tsani Panjaitan previously served as Lion Air acting CEO since 2022.

With Donald Trump's imminent return as US president looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, his Chinese counterpart Xi Jinping said the region should push for more free trade as Asia-Pacific cooperation faces "rising protectionism", according to Chinese state media.

Coordinating Minister for Economic Affairs Airlangga Hartarto accompanied President Prabowo Subianto, during a bilateral meeting with Canadian Prime Minister Justin Trudeau on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in Lima, Peru, on Friday (15/11).

Strong US economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.

Analysts say bullion banks can help Indonesia safeguard its foreign exchange reserves amid geopolitical uncertainty, enhance the stability of its currency and reduce reliance on the US dollar.

The IDX Composite index fell by 0.74 percent to 7,161.25 on Friday, weighed down by global Fed rate concerns and domestic value added tax (VAT) hike fears.

The US-based Nvidia Corporation has become a powerhouse in AI development by leveraging its advanced graphics processing unit (GPU) technology, initially developed for gaming, as a foundation for data-intensive AI processing.

The government has held discussions with airlines on cost structure, but Deputy Transportation Minister Suntana cannot provide the exact fare reduction amount, saying it was still being calculated.

President Prabowo Subianto has highlighted Indonesia’s abundant natural resources as a foundation for national energy security, suggesting that the country could meet its entire energy needs without relying on fossil fuels.

The finance minister has announced a bold plan to target the shadow economy as a new source of tax revenue, particularly as the government looks to generate more funds to finance its ambitious and costly priority programs, including the free meals program.

Despite strong performance in exports, trade surplus narrowed to a three-month low of $2.47 billion in October.

Following on the heels of its shares purchase in Singapore-based Sembcorp Environment last week, TBS Energi Utama has divested two coal plants, with the funds to be invested in clean energy and waste management projects.

Japan's economy expanded by an annualized 0.9 percent over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.

President Prabowo Subianto has not given up on the country’s plan for homegrown automotive brands even after past leaders have failed to achieve mass production of a “national car”.

During his state visit to the US, the President said Indonesia was looking at fully benefiting from any multilateral organizations it might join, and that seeking membership in both the OECD and BRICS was in the cards.