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Analysts suggested that Indonesia scale up production to attract more manufacturers seeking new destinations, which could spur corporate investment and growth in the country.
7 months agoThe AI race has seen neighboring Malaysia secure billions of dollars from global tech firms seeking to build critical infrastructure to meet growing demand for cloud and AI services. ...
7 months agoNorges Bank Investment Management (NBIM), an arm of Norway's central bank, which held stakes in 61 Israeli companies as of June 30, in recent days divested stakes in 11 firms. ...
7 months agoThe energy ministry has confirmed it is still pushing to launch B50 biodiesel next year, though a January rollout is unlikely primarily due to the time required to test the new blend on the road.
7 months agoFormer Agrinas Pangan CEO slammed the government, particularly Danantara, for failing to make substantial interventions to maintain food supply and security, pointing to insufficient funding support for Agrinas during his tenure.
7 months agoThe White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an extraordinary threat to the national security and economy."
7 months agoMusic royalties drew public attention after noodle franchise Mie Gacoan was sued for failing to pay royalties between 2022 and 2025.
7 months agoGlobal coal demand reached an all-time high of 8.77 billion tonnes in 2024 and is projected to plateau through 2027.
7 months agoThe government has tasked Danantara with financing a range of projects, from overhauling underperforming fish farms along Java’s northern coast to reviving long-stalled waste-to-energy (WtE) projects.
7 months agoExcluding the March data, when consumption typically spikes during Idul Fitri, boosting retail sales, annual retail sales index growth has remained weak since October of last year.
7 months agoThey agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.
7 months agoNvidia last month announced the US said that it would allow the company to resume sales and it hoped to start deliveries soon.
7 months agoFrom neighborhood coffee shops to lunchtime eateries that specialize in takeouts, micro, small and medium enterprises (MSME) is the backbone of the Indonesian economy.
7 months agoAnalysts expecting the impact of tariffs to help nudge the core up 0.3 percent to an annual pace of 3.0 percent and away from the Federal Reserve target of 2 percent.
7 months agoBank Indonesia's monthly CCI improved slightly in July to indicate a more positive outlook among consumers, indicating that household spending could drive growth in the second half, though at least one economist has advised keeping an eye on the jobs figure and savings ratio for the medium term.
7 months agoA new regulation frees Danantara and its employees from all liabilities over any decisions made to minimize losses, provided they can demonstrate that the resulting losses were not caused by error or negligence.
7 months agoMichelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."
7 months agoConsumers say EV brands like Wuling have vowed to build charging stations but missed their targets, sparking protests amid surging adoption and price wars.
7 months agoLithium, a key component in EV batteries, is the missing piece in Indonesia’s otherwise rich portfolio of battery materials, which already includes cobalt, nickel and manganese.
7 months agoIn a statement issued Thursday, Tan said the company was "engaged with the Trump administration to address the concerns raised and ensure officials "have the facts."
7 months agoThe Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.
7 months agoRegional association REI Jakarta has suggested property developers launch IPOs to raise fund's for the government's ambitious social housing program, calling the potential move a way for developers to increase their competitiveness as well as engage more substantially with the sector.
7 months agoTo calm US customers' nerves, Pearl Global has offered to shift production to its 17 factories in Bangladesh, Indonesia, Vietnam and Guatemala to bypass the steep US levies on Indian imports.
7 months agoSAF currently produced from used cooking oil, waste palm oil and low-quality vegetable oils has limited production capacity due to competition with the food supply.
7 months agoJapanese shares surged on Friday after positive earnings reports and expectations the US would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after a late retreat on Wall Street during the previous session.
7 months agoEconomists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.
7 months agoExperts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.
7 months agoDanantara implemented the recent reform amid heightened scrutiny over SOE governance practices, following a wave of controversial political appointments to the board of commissioners.
7 months agoDespite earlier hopes that the 19 percent US tariff deal would tip the scales in Indonesia’s favor, it was later revealed that regional peers such as Malaysia, Thailand, the Philippines and Cambodia also received the same rate.
7 months ago"For us, our farmers' welfare is supreme," Modi said at an event in New Delhi. "India will never compromise on the wellbeing of its farmers, dairy (sector) and fishermen. And I know personally I will have to pay a heavy price for it," he said.
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