The KSPI has released a statement announcing nationwide strikes on Nov. 19 and Dec. 24 over the government's failure to comply with the Constitutional Court's 2021 ruling to amend the highly contentious jobs law, as well as its failure to meet workers' minimum wage demands conveyed last month.

Striking workers at Boeing approved the company's latest contract proposal Monday, ending a more than seven-week stoppage that underscored discontent within the workforce of the beleaguered aviation giant.

A fishing trip in Komodo National Park, East Nusa Tenggara, for instance, saw a surge to Rp 5 million (US$317.68) per tourist from Rp 25,000 previosuly.

The growth in loans issued to micro, small and medium enterprises has diverged significantly from overall loan growth, hampering a business segment that is vital for employment.

The State-Owned Enterprises (SOEs) Ministry has appointed a member President Prabowo Subianto’s Gerindra Party's top brass as president director of state-owned oil and gas giant Pertamina in a “politically charged” move, analysts say.

Most of Indonesia’s top officials currently use Japanese and European vehicles, which are either imported or produced domestically.

The state-owned pharmaceutical company, which ranks among the world’s largest vaccine manufacturers by production capacity, is scouting sites for a new factory to accommodate an ambitious expansion plan.

US tech companies have warned Vietnam's government that a draft law to tighten rules on data protection and limit data transfers abroad would hamper social media platforms and data center operators from growing their businesses in the country.

The dollar slipped in Asia on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.

Coordinating Economic Minister Airlangga Hartarto has said that textile manufacturers based in Taiwan have expressed interest in setting up factories in the archipelago and are open to relocating facilities from China and Vietnam.

Energy and Mineral Resources Minister Bahlil Lahadalia said that the government is currently considering two options: replacing the subsidy entirely with a direct cash transfer (BLT) for those deemed eligible, or partially reducing the subsidy alongside BLT for low-income earners.

Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion.

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot in a razor-edge presidential election campaign where cost-of-living worries have dominated voter concerns.

Success stories among their peers and a plethora of user-friendly investing apps are luring ever more young Indonesians into the stock market, but some learn the hard way that risk and opportunity go hand in hand.  

The government and the House of Representatives say they will comply with the Constitutional Court ruling, which concludes a review of the controversial Job Creation Law requested by labor groups.

The government blocked sales of Google Pixel phones because the company has not met the rules which necessitate certain smartphones sold domestically to contain at least 40 percent of parts manufactured locally.

The IDX Composite index closed down 0.91 percent at 7,505.26 on Friday, influenced by a new series of economic data, including inflation and manufacturing trends.

President Prabowo Subianto has appointed his brother, Hashim Djojohadikusumo, as a special envoy to the United Nations COP29 climate summit set to be held in the Azerbaijani capital of Baku from Nov. 11-22.

Apindo has proposed income tax relief for employees in labor-intensive industries, arguing the measure is necessary to maintain household spending without burdening companies amid an economic downturn.

A new task force involving the SOEs, tourism and transportation ministries is set to start working within the next two weeks to ramp up both foreign and domestic tourism through a variety of measures, including harmonizing regulations, according to the SOEs minister.

Indonesia's headline annual inflation rate cooled in line with expectations, but its core inflation rate accelerated to its highest in over a year, official data showed on Friday.

US aviation giant Boeing has once again improved the conditions in its contract offer to thousands of striking workers, hoping to put an end to a painful strike that has paralyzed its two main factories for seven weeks.

The United States Department of Commerce (USDOC) has reduced the antidumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether.

Manpower Minister Yassierli says the government is committed to ensuring continued production and protecting the jobs of Sritex's around 50,000 employees.

Meta, which is also the parent company of Instagram and WhatsApp, said net income in the third quarter was $15.7 billion -- up 35 percent on the same period last year.

The Transmigration Ministry is focusing on the country's eastern regions in line with the President's instruction to meet the overall goal of food security, according to minister Iftitah, who also says the transmigration program could expand beyond food production to other sectors, such as tourism.

The senior food minister says a nearly 22 percent jump in the government’s food security budget has been earmarked for next year in a bid to fulfill the President's promise to achieve food self-sufficiency during his five-year term.