Kayan hydropower project is located in North Kalimantan and Mamberamo hydropower project is located in Papua.

Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fueled by a collapse in chip titan Nvidia and disappointing data on US factory activity that revived recession fears.

India has consistently been the second-largest export destination for Indonesian vegetable oil products, buying 16 percent of the country’s total shipments last year, according to International Trade Center (ITC) data, below only China’s share of 21 percent.

The Maritime Affairs and Fisheries Ministry has prepared several arguments to counter US dumping allegations.

Asian markets stuttered Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data stoked renewed worries over the world's number two economy.

Asian markets were mixed Monday, with optimism over an expected US interest rate cut offset by worries over the Chinese economy following the release of more disappointing data.

House price growth has slowed down in Jakarta and other cities as high interest rates and weak purchasing power take a toll on the market, but experts view the slowdown as temporary and say the trend continues to point upward, to the dismay of would-be home buyers.

The IDX Composite closed the week in the green after rising by 0.57 percent, to close at 7,670.73 on Friday.

Pointing to China as an example, Prabowo’s team says housing and the related construction sector could become a major driver of economic activity in Indonesia.

Asian stocks rose on Friday and were poised for a solid end to August while the dollar was staring at its worst monthly performance in nine months, on the view that the Federal Reserve is all but certain to cut interest rates next month.

Equity investors stepped cautiously Wednesday ahead of key US data and the release of earnings by tech titan Nvidia that could shine a light on demand for all things artificial intelligence after this year's tech-led markets rally.

Goods affected include textiles and textile products, finished clothing, ceramics, electronics, footwear, cosmetics and other textile goods.

Asian stocks fell on Tuesday as investors pondered looming US interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Middle East and supply concerns checked risk sentiment and lifted oil prices.

The IDX Composite index rose by 0.82 percent, to 7,606.19 by the close of trading on Monday, starting the week on a positive note.

Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe.

Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of interest rate cuts, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the US central bank's 2 percent target.

The IDX Composite rose 0.74 percent to 7,544.29 by the close on Friday to end the week with gains.

Asian investors jockeyed for position ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation about how big an expected interest rate cut next month could be.

The IDX Composite dropped by 0.87 percent to 7,488.68 by the end of trading on Thursday, following four days of gain.

The rupiah had strengthened to nearly Rp 15,600 by noon on Thursday, bringing positive impacts for importers and investors, while experts recommend exporters to implement strategies to dampen the negative effects of a stronger currency.

Ministry also expects Japanese support on carbon capture projects and a battery energy storage system (BESS) in eastern Indonesia.

Asian stocks scaled a one-month peak on Tuesday, tracking a Wall Street rally driven by expectations that the Federal Reserve could offer further hints of imminent rate cuts later this week.

The Indonesia Stock Exchange (IDX) Composite index rose by 0.47 percent to 7,466.83 at Monday's close, reaching a new all-time high.

The US dollar declined broadly on Monday and slipped sharply against the yen in particular as investors bet on a dovish tone emerging in the Federal Reserve's July policy meeting minutes and Chair Jerome Powell's upcoming speech at Jackson Hole.

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.

Gold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world's biggest economy and likely US interest rate cuts.

Asia shares were headed for a weekly gain on Friday and Japan's benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and US Treasury yields held broadly steady.

Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.  

Data from industry association Gaikindo show that 484,236 new cars were sold from factories to dealers in the first seven months of 2024, which is down 17.5 percent from the same period last year.

Asian shares rose and the dollar nursed losses on Wednesday after soft US producer prices data stirred hopes that consumer price inflation would be benign, sending bond yields lower.