The exchange, scheduled for launch next year, is President Prabowo Subianto's latest initiative to expand state influence over natural resources in a country that is the biggest global supplier of palm oil, nickel and thermal coal and a major source of copper and bauxite.

Destry was inaugurated on Sept. 2, alongside newly appointed senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, with all three appointed for five-year terms.

The World Meteorological Organization said El Nino would peak towards the end of this year -- though its knock-on impacts for the climate will continue well into 2027.

Customs' patrol vessel BC 30005 halted the MV Fuchangxing 1 on Aug. 22 based on joint intelligence analysis and interagency targeting, which had flagged the cargo ship as exhibiting high-risk operational patterns at sea.

National energy subsidy and compensation expenditures could skyrocket by Rp 300 trillion in the 2026 fiscal year unless the country accelerates its transition to new and renewable energy, the Energy and Mineral Resources Ministry has warned.

The Jakarta Post’s Ruth Dea Juwita and Aditya Hadi sat down with USABC president and CEO Brian McFeeters to discuss about geopolitical uncertainty and the fate of the US-Indonesia agreement on reciprocal trade (ART).

Trump said his military was prepared to attack Iran "any time we want" after extensive US bombardment of sites across the country left at least 19 Iranians dead.

At Sugar & Spice, Sunday brunches have long been built on warmth, unhurried and generous moments that stay with guests long after. It is from this spirit that The Coastal Atelier is born, bringing a gentle meeting of land and sea, where sumptuous dishes drawn from both are served with the same care that has always defined the table at Sugar & Spice.

Oil production in the Americas has become a viable alternative since the outbreak of the war. The shift is one of the most striking changes in the global energy landscape in decades.

Black-and-white laws cannot stop wartime atrocities; true restraint begins only when the principles of humanity are etched into the soldier’s conscience long before the first shot is fired.

Having discovered ballet in her forties, a writer-cum-dancer learns that mastery is less about talent than the willingness to return, and the joy that comes from learning and growing.

Most areas in East Java have experienced over 60 consecutive days without rain, which is means they are in extreme drought. 

Most Asian stocks enjoyed a healthy recovery Thursday following a drab start to the week as bond yields and oil prices dropped after Donald Trump suggested the latest US attacks against Iran would likely be short-lived.

When potential outcomes are systemic and irreversible, preparation must precede certainty.

Young women are arriving at clinics across the country, their chests burning and sleep eroding, their bodies quietly protesting a life of overwork, skipped meals and unrecognized stress.

The country is seeking to move from being a major commodity producer and global price taker to becoming a price maker through the planned Indonesian Commodity Exchange (Icomex). Yet a similar platform, the Indonesia Commodity & Derivatives Exchange (ICDX), has operated for nearly two decades without gaining significant influence over global markets.

By redirecting local fiscal lifelines to fund national flagship projects, the government risks deepening the income gap and fracturing national unity into a tale of two economies.

Calls are mounting for lawmakers to release their latest draft bill on asset forfeiture to the public, with antigraft activists warning that closed-door deliberations could leave the proposed legislation vulnerable to abuse.

Baleg chair Bob Hasan asserted the bill should be aimed at promoting public welfare by ensuring legal protection for communities who possess land but lack legal certainty to back their claims, leaving them vulnerable to land grabbing.

From Jackson Hole to Jakarta, the Fed's Kevin Warsh and BI's Destry Damayanti face twin battles over the most fragile asset in central banking: credibility.

President Prabowo Subianto is in Vladivostok this week for an economic forum and bilateral talks with Russian counterpart Vladimir Putin, in his fourth visit to the country since taking office less than two years ago.

Analysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.

On Wednesday morning, seven air monitoring stations across the metropolitan area of Philippine capital Manila recorded “unhealthy levels” of PM2.5 pollutant particulate, according to the country’s Environment and Natural Resources Department (DENR).

As state power and political patronage close in on Nahdlatul Ulama, the world’s largest Muslim organization faces a pivotal internal battle: preserve its independent moral voice, or become a rubber stamp for the ruling elite.

Hercules forged a close relationship with Prabowo when the latter served in the Indonesian Military in East Timor during the 1980s. He later founded GRIB Jaya in 2011 and appointed Prabowo to its advisory board.

Indonesia’s manufacturing sector has slipped back into contraction territory as weaker output and employment offset a modest recovery in new orders, according to S&P Global.

The US and Iran found themselves back on a war footing on Wednesday after the most significant exchange of fire in weeks.