In a joint article with US Treasury Secretary Janet Yellen and German Finance Minister Olaf Scholz, Indonesia's Sri Mulyani Indrawati, South Africa' Tito Mboweni and Mexico's Arturo Herrera Gutierrez endorsed changes proposed by the Group of Seven (G7) advanced economies.

Consumer prices in the United States spiked last month, with the inflation rate accelerating to 5 percent for the 12 months ending May, the highest level in 13 years.

As consumers move increasingly to online shopping, retailers in certain sectors are finding that their brick-and-mortar stores still have a role to play in today's digital world.

Gender equality in Indonesia has come a long way in the last decade, with women increasingly having larger roles in the economy, education, the government, as well as in science, technology, engineering and mathematics (STEM).

More people are using pay-later option for shopping online in Indonesia as many have experienced pay cuts or lost their jobs during the pandemic.

With profits at state-owned enterprises falling drastically in 2020, the Indonesian government lost out on tax revenue and dividends and had to inject extra capital to help some firms get back on their feet.

The national carrier is mired in financial trouble as a result of record low air travel demand.

Construction is speeding ahead on the Jabodebek LRT toward a June 2022 opening, one month ahead of schedule, the President has said on an inspection visit.

The country's retail industry association has launched an independent vaccine drive in a concerted effort with the MSMEs ministry to help revive the hard-hit sector.

Indonesia may maintain its unambitious climate policy and avoid prioritizing its net zero commitment for decades to come, despite official and independent projections showing that doing so would boost both growth and jobs.

"The #BitcoinLaw has just been approved by a qualified majority" in the legislative assembly, President Nayib Bukele tweeted after the vote late Tuesday.

With employers looking to hire new staff in Indonesia’s recovering economy, job opportunities are springing up in various areas.

With a recently issued regulation, the government seeks to close the alcoholic beverage industry for new investment, bowing to pressure from Muslim organizations and Papuan political leaders.

While the overall economy is on the mend, downside risks remain for Indonesian credit as recovery in the banking sector is weighed down by a high level of restructured loans, says S&P Global Ratings.

Indonesia's economy is showing gradual improvement after experiencing the deepest contraction in the second quarter of 2020 (2Q20) due to the COVID-19 pandemic. Although economic growth in 1Q21 was still negative, the contraction was smaller. The improvement in economic growth was supported by all components of gross domestic product (GDP), including household spending.

South Korean KB Kookmin Bank and Indonesian conglomerate PT Bosowa Corporindo have reached a six-point agreement to end a legal dispute over how to solve the liquidity issue of publicly listed KB Bukopin.

Unicharm said its local subsidiary, PT. Uni-Charm Indonesia, launched the products packaged in fully recycled pulp earlier this month via online stores and at selected hypermarkets and supermarkets in the country in limited volumes.

"I know we are engaged in conversations with Taiwan, or soon will be, on some kind of framework agreement," Blinken said at a congressional hearing in Washington.

Indonesia's furniture exports surpass imports by value as concerns loom over IKEA's domestic expansion plans.

Delivery riders working for the GoSend service of homegrown decacorn Gojek have threatened a three-day strike in response to incentives being slashed in half.

As state-owned plantation company PT Perkebunan Nusantara and a growing number of private corporations receive Indonesia Sustainable Palm Oil (ISPO) certificates, most smallholders still work without such certification.

The penalty is part of a settlement reached after three media groups -- News Corp, French daily Le Figaro and Belgium's Groupe Rossel -- accused Google of effectively having a monopoly over online ad sales.

Indonesian peer-to-peer lender Amartha has received funding to support small businesses owned by women living in rural areas, especially those with a positive environmental impact.

The ICT sector has benefited from the increased digitalization of people’s daily activities, such as work and school, during the pandemic.

“We want to achieve the best for our country,” says the electricity director general as the Energy and Mineral Resources Ministry pushes for a greener energy mix, but some say the effort is not being pursued in earnest.

Launched in 2016, Jenius is the digital banking arm of Bank BTPN. The bank was initially established as a pension fund bank that also branched out to the small business lending segment as well as sharia banking.

The G-7 finance chiefs also commit to set new rules to enable governments to impose duties according to where multinational firms make sales, not physical presence, they said in a statement released after wrapping up a two-day meeting in London. About 100 companies -- mainly US firms -- are likely to be affected, Japanese Finance Minister Taro Aso said at a press conference after the talks.

Here are the main points of the statement released at the end of the two-day meeting.

US Treasury Secretary Janet Yellen hailed the "unprecedented commitment", saying in a statement that a global minimum tax "would end the race to the bottom in corporate taxation".

Big names in Indonesia's internet economy, such as Traveloka and GoTo Group, have set in motion plans to go public in the near future. Some are weighing conventional initial public offerings (IPO) in Indonesia or abroad, while others are considering special purpose acquisition companies (SPAC).