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The increasing costs of electricity purchased from IPPs, along with grid operation expenses, may lead to inflated state subsidies and compensation in the long run.
3 weeks agoThe company operates a platform that processes inbound and outbound visa applications using AI-enabled systems. ...
3 weeks agoNickel miner PT Vale Indonesia is seeking approval to revise its annual production plan (RKAB) after revealing that its current ore production quota is insufficient to meet supply commitments for three major high-pressure acid leach (HPAL) projects. ...
3 weeks agoThe rupiah slid to Rp 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week, where analysts expect the BI to stand pat on rates. The currency is down nearly 2 percent in January after dropping 3.5 percent in 2025.
3 weeks agoThe government has earmarked US$125 million for the development of a domestic chip design industry, with Coordinating Economy Minister Airlangga Hartarto citing a partnership with United Kingdom-based Arm Holdings.
3 weeks agoDeputy finance minister Thomas "Tommy" Djiwandono, who is also a nephew of President Prabowo Subianto, has been lined up to become a deputy governor of Bank Indonesia (BI), raising questions about the central bank’s independence.
3 weeks agoTransmigration Minister M Iftitah Sulaiman Suryanagara has welcomed proposals from local governments to develop 60 transmigration areas in their respective regions.
3 weeks agoThe Maritime Affairs and Fisheries Ministry is in the process of drafting a circular letter to ratify the agreement and outline registration procedures for accessing the zero-percent tariff.
3 weeks agoThomas Djiwandono, a deputy finance minister who is a former businessman, is reportedly set to face a fit-and-proper test by parliament for the new job.
3 weeks agoTrump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the US is allowed to buy Greenland, a step major EU states decried as blackmail.
3 weeks agoIndia's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.
3 weeks agoStock markets slid in Asia on Monday after US President Donald Trump threatened to slap extra tariffs on eight European nations until the US was allowed to buy Greenland, pushing the dollar down against the safe-haven yen and Swiss franc.
3 weeks agoIndonesia is set to host its first-ever plasma fractionation plant in Karawang, West Java, which is poised to become the largest such facility in Southeast Asia. This milestone marks a major step toward operational readiness, strengthening national healthcare resilience.
3 weeks agoChina's economic growth slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace hit Beijing's target, trade tensions and structural imbalances pose significant risks to the outlook.
3 weeks agoThe Indonesian Hotel and Restaurant Association (PHRI) reported that hotel occupancy rates fell by 4 percent last year compared with the previous year.
4 weeks agoAt its 2026 economic outlook event on Jan. 15, Kadin cautioned against maintaining last year's budget policy to reduce regional transfers amid current global conditions, as doing so would only hamper local growth and exacerbate weakening demand.
4 weeks agoUS President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland, escalating a row over the future of Denmark's vast Arctic island.
4 weeks agoThe South American trade bloc Mercosur and the European Union will sign on Saturday a deal 25 years in the making to create one of the world's largest free trade areas at a time of growing protectionism and volatility.
4 weeks agoAlphabet's Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the company holds an illegal monopoly in online search, according to court papers.
4 weeks agoThe investment minister said on Thursday that he expected further growth in domestic investment this year, particularly via funding channeled by Danantara.
4 weeks agoInitial figures showed platforms were taking meaningful action to remove underage users, Australia's eSafety Commissioner Julie Inman Grant said.
4 weeks agoThe climb-down by Musk, who initially laughed off the trend, highlights the difficulty of policing AI tools that make it cheap and easy to create explicit content. It is the latest clash between Europe and Musk, following rows over election interference, content moderation and free speech.
4 weeks agoExperts have called for a change in thinking among business leaders and regulators after Indonesia plummeted from position 48 to 84 in a global ranking of countries for cybersecurity.
1 month agoThe US Supreme Court issued three decisions on Wednesday but did not decide the closely watched dispute over the legality of President Donald Trump’s global tariffs.
1 month agoChinese authorities have told domestic companies to stop using cybersecurity software made by more than a dozen firms from the US and Israel due to national security concerns, three people briefed on the matter said.
1 month agoAn aggressive biodiesel push could pile pressure on energy subsidies in the state budget due to fluctuations in palm oil prices and squeeze already limited feedstock supplies that are also crucial for other industries.
1 month agoThe West Java administration plans to give its stake in Kertajati International Airport in Majalengka to the central government and in return get a stake in Husein Sastranegara Airport in Bandung.
1 month agoAs the government accelerates the transformation of the national healthcare sector through increased investment, medical technology innovation and the development of global-standard healthcare facilities, Sinar Mas Land presents Medical Suites, an international-standard medical building designed to support the development of healthcare services, research, medical education and leading medical practices.
1 month agoCoordinating Economy Minister Airlangga Hartarto said on Tuesday that President Prabowo Subianto had committed to the funding to keep technology competitive and sustain investment in the textile sector.
1 month agoMillions of Indonesian ride-hailing drivers would receive major increases to financial and social benefits under a draft decree being considered by President Prabowo Subianto, two sources said, threatening the profitability of ride-sharing platforms in their largest market in Southeast Asia.
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