Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.
6 months agoThe council's deputy head told reporters on Tuesday that it would not venture into policymaking or technical decision-making, which would remain the authority of ministries and agencies. ...
6 months agoIndonesian businesses are concerned that restrictive trade policies from United States president-elect Donald Trump will incentivize Chinese producers to divert large quantities of goods to Southeast Asian markets and create barriers for Indonesian exports to the US. ...
6 months agoSantika Indonesia Hotels and Resorts has entered a partnership with the Janto Group to establish a new Kampi Hotel in Gandaria, Jakarta.
6 months agoChina and Indonesia have agreed to strengthen cooperation in key sectors, including lithium, new energy vehicles, green energy and tourism, according to a joint statement released on Saturday.
7 months agoThe Bank of Japan (BOJ) hopes to maintain its 2 percent inflation target even if climate change causes long-term shocks to future price developments, Governor Kazuo Ueda said on Saturday.
7 months agoThe Democratic Republic of Congo (DRC) has been participated in the 20th Indonesian Palm Oil Conference (IPOC 2024) in Bali on Friday. Monique Gieskes, CEO of Plantations et Huileries du Congo (PHC), the country's leading palm oil company, invited participants to consider the DRC as a land of exceptional opportunity for the palm oil industry and as an investment destination of choice.
7 months agoChina's consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world's number two economy.
7 months agoLong Indonesia’s premier tourist destination, Bali keeps getting all the attention, and ongoing government initiatives, rather than spread out development across the country, further cement the island’s dominance, to the extent that many now worry about overtourism.
7 months agoWall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy.
7 months agoSOEs Minister Erick Thohir plans to establish a bullion service to distribute Antam’s gold through pawnshop operator Pegadaian and major banks, such as BRI and BSI.
7 months agoCurrently, the government has earmarked over Rp 504 trillion for social aid in 2025, the second largest expenditure after education at over Rp 722 trillion.
7 months agoThe energy ministry says the number of biofuel plants needs to expanded by seven to nine new facilities to support the President's aim to roll out the mandatory B50 program in four years' time.
7 months agoAsian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.
7 months agoThe public works minister met on Tuesday with his predecessor, now the incumbent head of the IKN Authority, to discuss a variety of related matters, including the possibility of relocating the ministry's employees to the new capital being developed in East Kalimantan.
7 months agoSoutheast Asia's largest economy presents a clear set of challenges as well as opportunities for accelerating renewable energy investments as the country aims to achieve net-zero by 2060.
7 months agoAnalysts question how a new sovereign wealth fund will address the public service obligations (PSOs) of certain SOEs included in its portfolio, given that these firms are often instructed by the government to sell products below market prices or take on unprofitable projects.
7 months agoThe US central bank's rate decision should help ease the costs of mortgages and other loans -- welcome news for consumers, who had widely cited the cost of living as a top concern ahead of Tuesday's vote.
7 months agoThe HSBC Quality of Life 2024 study found that affluent customers in Indonesia considered funds of Rp 5.37 billion (US$340,000) to be the ideal amount to enter retirement.
7 months agoPilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.
7 months agoThe regulation also scraps import taxes on train part imports and imported components for machinery used by the Defense Ministry.
7 months agoThe President has called on top government officials to cut travel and ceremonial expenditures to channel more funds to his administration's housing initiative and food security aims, including his signature free meals program.
7 months agoPresident Prabowo Subianto has added two new directorate generals to the Finance Ministry – the Economic and Fiscal Strategy Directorate General and the Financial Sector Stability and Development Directorate General.
7 months agoVietnam has one of the largest trade surpluses with the US.
7 months agoAustralia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a range of measures that include some of the toughest controls imposed by any country to date.
7 months agoChina's outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war looms.
7 months agoCoordinating Infrastructure and Regional Development Minister Agus Harimurti Yudhoyono has tasked the Spatial Planning Ministry/National Land Agency with forming a land acquisition committee to support infrastructure programs.
7 months agoAsian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.
7 months agoThe Bank Indonesia governor said Trump’s presidency could have broad implications for emerging markets like Indonesia, impacting exchange rates and capital flows.
7 months agoDeputy Industry Minister Faisol Riza said on Wednesday that the ministry hoped Apple would commit to putting the plan in place.
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