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Foreign demand for Indonesian sovereign bonds has improved thanks to recent interest rate hikes from Bank Indonesia (BI), while the stock market is still in the doldrums.
9 hours agoGermany's shock capitulation to Paraguay in the last 32 on Monday, their first ever World Cup penalty shootout defeat, continues the four-time champions sheer drop from the game's elite. ...
10 hours agoLabor organizations argue that taxing old-age benefits (JHT) withdrawals undermines the purpose of the social security program, particularly as workers face mounting layoff risks and rising living costs. ...
13 hours agoThe Jakarta Corruption Court sentenced on Tuesday former education minister Nadiem Makarim to 10 years in prison for causing state losses in a case involving the procurement of Chromebook laptops during his time in office.
14 hours agoHow a national park in Central Kalimantan vanishes in plain sight
14 hours agoThe KSPSI previously estimated that rising industrial gas costs could put roughly 55,000 workers at risk of layoffs.
14 hours agoOn the demand side, home sales fell by 25.7 percent year-on-year (yoy) in Q1, according to a Bank Indonesia survey.
16 hours agoThree Indonesian independent musicians with growing audiences on Spotify share a common reality: streaming does not pay the bills, so they built something else that does
17 hours agoThe Hormuz crisis has pushed nations to rethink their energy strategies. Does that mean we should expect a dramatic reduction in fossil fuel use?
17 hours agoIsmael Saibari converted the winning spot kick after Yassine Bounou saved Crysencio Summerville's penalty, sending Morocco through after a dramatic contest in which they had forced extra time with a stoppage-time equalizer.
18 hours agoThe yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.
18 hours agoRecognizing that uncertainty will persist, countries have begun incorporating provisions akin to “supply chain security clauses” into their FTAs to avoid disruptions in the supply of critical goods.
18 hours agoAsian stocks wobbled toward the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.
19 hours agoThe linguistic and social evolution of bahasa binan, particularly its entry into Indonesian popular culture, ironically highlights the continuing stigmatization and discrimination of the queer community from where it originated.
19 hours agoIn a world of intertwined global value chains, the US and China have undeniably developed a relationship of “mutually assured economic pain.”
20 hours agoVictor said the incident had a severe impact on Eliza’s mental health, after which she became withdrawn, quiet and increasingly fearful. According to the family, she was later diagnosed with severe depression by a psychiatrist and admitted to Leona Hospital for intensive psychiatric care on June 15.
20 hours agoThe goverment and aircraft maker PT Dirgantara Indonesia (PTDI) guaranteed that all investments into human resources and facilities for the KF-21 program will not go to waste as they will still be used to support national defense industry development.
20 hours agoPresident Prabowo Subianto’s crediting of military and police for roles in the food sector may undermine food sufficiency goals and civilian authority, critics say.
21 hours agoTo fund its ambitious development goals without crashing the economy, Indonesia must shift its focus from raising tax rates to fixing the fragmented institutional machinery required to collect them.
21 hours agoThe Jakarta administration has launched a new film commission tasked with promoting local shooting spots and streamlining permits, an initiative expected to draw more domestic and global productions to the capital.
22 hours agoA coalition of professors, academics, rights advocates and public figures has thrown its support behind recent student protests, warning that growing attempts to intimidate and politicize the movement threaten Indonesia’s democracy and civil liberties.
22 hours agoThe Patriot Bond promises to fund national development, but its exceptionally low yield tells a different story. By offering sweeping legal immunity to wealthy investors, the vehicle risks morphing from an innovative financial tool into a toxic, de facto amnesty.
22 hours agoRecent rolling blackouts have exposed more than temporary technical failures. Although the government and state-owned electricity company PLN attributed the outages to shortages of medium-calorie coal and technical problems at two independent power plants, the disruptions highlight a deeper dilemma: balancing affordable electricity tariffs with the financial sustainability of electricity amid rising geopolitical and energy market uncertainty.
22 hours agoIn its latest report titled “Indonesia Economic Prospects” published in June, the World Bank highlighted that the country’s decreasing medium- and high-skilled employment has further eroded the supply of jobs capable of supporting middle-class livelihoods.
23 hours agoA woman has gone viral on social media for her video documentation of an alleged drug den and meth factory in North Labuhanbatu regency, North Sumatra, which has prompted a leading member of the provincial legislature to demand that the local police step up their game against drug dealers and traffickers.
23 hours agoJust 10 days after the nationwide training began on June 14, five participants had died across multiple regions. The military said they died following various medical emergencies, including heatstroke, cardiac arrest and pneumonia.
23 hours agoIn the Dutch context, colonial events are known, documented, even taught, but their moral weight remains strangely muted.
23 hours agoWeak transparency in public institutions creates opportunities for mismanagement and corruption that could threaten Indonesia’s economic ambitions, unless the greater state role in the economy is matched by stronger oversight and accountability, antigraft groups have warned.
1 day ago"I don't want to be at the same party with people feeling enthusiastic about where our country is going," said Halsey, a frequent Democratic voter who lives in Doylestown, Pennsylvania.
1 day agoThe new additions, including major companies, "have participated in enhancing Japan's military capabilities", the Chinese commerce ministry said in a statement.
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