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According to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.
1 month agoMost cases flagged through the ministry’s new labor complaints platform, Lapor Menaker, are tied to industrial relations and wages, followed by cases involving social security and working hours. ...
1 month agoThe government plans to enter an agreement with Malaysia and Singapore to develop a cross-border data center that will also serve as a buyer of clean power from Indonesia, according to Coordinating Economy Minister Airlangga Hartanto. ...
1 month agoAsian shares extended a global rout on Friday as the much-anticipated US jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia's earnings dazzled.
1 month agoThe government plans to impose exit duties on gold next year in a bid to increase state revenue and keep more of the precious metal inside the country for saving or further processing.
1 month agoThe Communications and Digital Ministry has warned US-based internet services provider Cloudflare that its services in Indonesia could be blocked over legal compliance issues and allegations that it facilitates gambling websites.
1 month agoMalaysia’s leadership during its Association of Southeast Asian Nations (ASEAN) chairmanship has elevated the bloc’s global standing and reinforced its centrality through strong diplomacy, coordinated policy moves and high-level engagement, say analysts.
1 month agoAid and development financing has been cut by many developed economies in favor of defense spending.
1 month agoCanberra has been pushing firms to engage in high-growth markets in the region through a policy framework called “Invested: Australia’s Southeast Asia Economic Strategy to 2040”.
1 month agoThe plan to merge state-owned enterprises (SOEs) in the construction sector was first proposed in 2023 with the aim to strengthen the building companies’ stretched finances.
1 month agoFrequent travelers might be familiar with this scenario: skipping a cute souvenir stand or a cozy coffee shop not because they didn’t want to spend money, but because the stores were strictly cash-only and they were short on local currency.
1 month agoAsian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut.
1 month agoExpended underground mining is jeopardizing the coal industry’s and the government’s commitment to the Global Methane Pledge, a pact to cut methane emissions by at least 30 percent by 2030.
1 month agoBank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year.
1 month agoThe Asian Development Bank (ADB) has approved a $470 million results-based loan for state-owned electricity provider PLN to expedite Indonesia’s transition to renewable energy.
1 month agoUnited States prosecutors on Tuesday unveiled charges against eight men accused of belonging to a global network that made tens of millions of dollars trading on inside information about the finances and merger plans of numerous companies for years.
1 month agoTo kick off the program, the government will dispatch 500 prospective workers who completed training in December.
1 month agoThe ruling gives Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump's first term and is a major setback for the US Federal Trade Commission.
1 month agoThe Tourism Ministry, along with the Transportation Ministry, is upbeat about the coming peak travel season over Christmas and New Year's, expecting both visitor numbers and revenue to exceed initial targets to reach a projected 15 million arrivals and $18 billion in forex earnings.
1 month agoA US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and WhatsApp did not constitute an illegal monopoly in social media.
1 month agoThe Constitutional Court struck down a legal provision allowing developers in Indonesia’s future capital to hold land rights for up to 190 years, adding uncertainty for investors already wary of the megaproject.
1 month agoEU Ambassador to Indonesia and Brunei Darussalam Denis Chaibi sat down with The Jakarta Post’s M. Taufiqurrahman, Mark Lempp and Deni Ghifari on Friday to discuss what’s next in the process and how it will change the trade landscape.
1 month agoThe fourth quarter, which historically provides a seasonal boost for the economy, offers a window for Indonesia to strengthen its performance and move closer to the full-year government growth target of 5.2 percent.
1 month agoAs global governments and organizations convene at the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, Indonesia is stepping into the limelight as a model for sustainable, low-carbon nickel development.
1 month agoThe International Monetary Fund has praised Indonesia for maintaining economic growth and containing inflation amid mounting pressure from external factors but emphasizes that the country needs the right “policy mix” to secure the future.
1 month agoThe report, published on Tuesday by AidData, a research lab at US university William & Mary, said China's lending and grant giving totalled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023.
1 month agoThe International Labour Organization is facing a "serious" and "unprecedented" financial crisis as it grapples with dramatic cuts in international funding, its chief warned Monday.
1 month agoA spokesperson for the government's anti-radiation team has said that aside from two footwear shipments linked to the same contamination source in Banten, no other incidents have been reported in recent weeks.
1 month agoMining firms are urging the government to revise the domestic coal price benchmark, arguing that rising production costs make the current domestic market obligation (DMO) scheme unviable, even as authorities consider raising the mandatory sales quota.
1 month agoPT Medco Power Indonesia plans to export its first green electricity to Singapore in 2028 as part of a broader strategy to tap the country’s vast renewable energy potential and rising regional demand.
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