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Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
6 minutes agoAt the 26th edition of the annual festival in East Java, elaborate costumes inspired by Indonesian heritage and global cultures continued their procession despite a torrential downpour, turning resilience into part of the spectacle. ...
38 minutes agoWhen a country crosses the World Bank’s threshold from low- to middle-income status, it is deemed too rich to qualify for aid, even though it is not yet rich enough to cover its health costs. ...
45 minutes agoThe alleged corruption involves misappropriation of around half of a Rp 3.9 billion budget allocated to the South Labuhan Batu Social Affairs Agency in 2024 for a social rehabilitation program.
57 minutes agoBeijing condemned the duties imposed on China and 59 other countries over alleged forced labor concerns, and warned Washington against waging a trade war.
1 hour agoTreating Jakarta's entry into China's onshore debt market as a routine fiscal transaction misses the deeper structural evolution underway in Southeast Asia.
1 hour agoEight months after the Sumatra disasters, many survivors still seek justice amid reports of delayed aid distribution and slow recovery progress, while the government refutes a citizen lawsuit accusing it of poorly handling one of the country’s worst ecological disasters in years.
2 hours agoSeveral plaintiffs and education observers critiqued the Constitutional Court for not ordering the government to immediately revise the 2026 and 2027 state budget, which is still in deliberation, to exclude allocations for the free meals program from the education budget.
2 hours agoMajor parties have largely brushed aside the Indonesian Solidarity Party (PSI) chairman Kaesang Pangarep's decision to run for a legislative seat in the next race in 2029, a move that analysts say reflects the party’s serious push to break into the House of Representatives.
2 hours agoConcluding a South China Sea Code of Conduct simply to meet a deadline would be a serious mistake. A weak, vague agreement could be worse than no agreement at all.
2 hours agoIndonesia is preparing to introduce E20, a gasoline blend containing 20 percent fuel ethanol, even as it continues to import sugar to meet domestic food demand. The initiative seeks to replicate the success of the country's biodiesel mandate by reducing reliance on imported gasoline while creating new demand for domestic agricultural commodities.
2 hours agoIndonesia’s leading crepe company Dcrepes is celebrating its 30th anniversary, unveiling a new logo and highlighting six original menu items from 1996 to mark its third decade in the national food and beverage industry.
17 hours agoThe government’s plan to clear over 900 hectares of forest land for military territorial development battalions has drawn criticism from environmentalists, who warn the move could accelerate deforestation and undermine the ecological functions of Indonesia’s forests.
3 hours agoAmid declining public confidence in the program, newly appointed BGN head Sudaryono has launched a sweeping governance overhaul, shutting nearly 900 kitchens out of 28,000 nationwide and dismissing hundreds of employees.
3 hours agoPrabowo needs to restore BI’s leadership to a technocrat who can reassure markets and investors that the central bank’s independence remains intact.
3 hours agoThe mass mortgage signing ceremony on July 30 came as the government attempts to revive housing distribution in spite of the mounting challenges facing Prabowo's "3 million homes" program, including slower disbursements, rising construction costs and weaker spending power amid unwavering demand.
13 hours agoLike many indigenous settlements across the archipelago, Kasepuhan Cipta Mulya is dominated by wooden buildings, valued for their naturally cool interiors and earthquake resilience but highly susceptible to fire. Combined with strong winds during the current dry season, the flames spread through the village within minutes.
14 hours ago"We're looking at controls. We're also making sure that we lead," Trump said when asked about the rogue agent. OpenAI CEOSam Altman met with US senators on Capitol Hill on Wednesday to talk about his company's upcoming models.
17 hours agoThe Rokan zone alone drills nearly 500 wells annually, the highest tally of any single operating area in Indonesia.
17 hours agoFIFA announced plans this week to create a $20 billion subsidiary to run the World Cup and its other events, and said it will offer stakes of up to 20 percent in it to external investors.
18 hours agoThe court held that the program does not qualify as an educational expense, and that using education budget funds violates the Constitution, which mandates that at least 20 percent of the national budget be allocated to education.
18 hours agoThe financing package comprises a concessional loan of approximately 230 million euros and a 6-million-euro technical assistance grant from KfW, alongside counterpart funding from the Indonesian government.
18 hours agoDuring a debate about New Zealand's response to the Covid pandemic on Wednesday, populist NZ First leader Peters was asked by China-born Green Party member Lawrence Xu-Nan: "Are you vaccinated?"
19 hours agoThe South Korean megastars were widely tipped in the running for several of the Grammys' top honors, including Album of the Year, after their comeback album, ARIRANG, became one of this year's best-selling hits.
19 hours agoMore than 5,000 hotspots were detected as of July 29, a sharp increase compared to previous El Niño years in 2015, 2019 and 2023, BMKG official Ardhasena Sopaheluwakan said in an online briefing. The provinces of West Kalimantan, South Papua and Riau recorded the most hotspots.
19 hours agoDemutualization will allow external stakeholders to acquire shares in the exchange, with state asset fund Danantara having expressed its interest in securing some stakes.
20 hours agoThe reignited hostilities have drawn in the Islamic republic's proxies, and appear to have dashed hopes of a quick return to negotiations between the foes.
21 hours agoThe Fed held rates at 3.50-3.75 percent for the fifth straight meeting, with Kevin Warsh denying that he was reticent to take action against high prices.
21 hours agoBrent futures slipped below US$90 per barrel, after jumping over 7 percent a day earlier as fighting in the Middle East escalated, although data showed tankers continued to make their way out of the region despite the continued strikes.
22 hours agoCoordinating Minister for Law, Human Rights, Immigration and Corrections Yusril Ihza Mahendra said the recent rise in mob justice reflected the state's failure to provide adequate public security, urging police to step up crime prevention and public protection.
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