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The Indonesia Stock Exchange’s (IDX) plan to lower the minimum share price from Rp 50 (less than 1 US cent) to Rp 1 could finally allow the market to discover the true value of stocks long trapped at the price floor. But greater price flexibility comes with greater risk. As distressed “zombie companies” are exposed to market forces and stocks worth only a few rupiah become tradable, the reform could improve liquidity and price discovery while also opening the door to greater volatility and speculation.
1 week agoChildren accounted for around 20 percent of all wildfire-related respiratory illnesses as 12.5 million people in seven provinces were affected by the widespread forest and land fire, according to the Health Ministry. ...
1 week agoThe Indonesian Immigration Directorate General also decided to ban the Australian, identified as BA, from entering Indonesia for 10 years. ...
1 week agoJakarta’s plan to bypass "unilateral" regional budget cuts with municipal bonds isn't just an urban infrastructure fix. It is an open challenge to the government's centralist agenda.
1 week agoAs Indonesia expands its metal and aluminum capacity, GIFA and METEC Indonesia are positioning themselves as platforms to accelerate downstream processing, improve efficiency and strengthen the country’s industrial value chain.
2 weeks agoUnder the mechanism, the government seeks to expand the existing tax base, potentially doubling the current figure of Rp 8 trillion (US$454 million) to 12 trillion.
2 weeks agoThe search for five journalists and three boat crew members who went missing near Mount Anak Krakatau entered its fourth day on Friday, with authorities expanding the search area to include nearby islands within the volcano’s restricted zone.
2 weeks agoBrent crude, the global oil benchmark, slipped to $104.77 a barrel on Friday after hitting $108 on Thursday, its highest level since May 19 and its biggest one-day jump in six weeks.
2 weeks agoAs the summer slips into fall, the season transitioning into cooler temperatures amid vibrant shades of red and brown foliage, places around the world are offering another attractive travel period without the busyness of summer holidays.
11 hours agoThe decision to place students in a military environment has raised concerns among civil society groups, who described it as part of the growing trend toward the “remilitarization” of civilian space.
2 weeks agoThe Ministry of Micro, Small and Medium Enterprises (MSMEs) launched the Laksmi Program 2026 at the East Java Cultural Park in Surabaya on Sept. 23. Laksmi is designed to support women microentrepreneurs through basic entrepreneurship assistance, specifically targeting Beneficiary Families (KPM) of the Family Hope Program (PKH).
1 day agoThe court also sentenced each firm with a Rp 1 billion (US$56,447) fine after finding them guilty of receiving benefits from the corruption case surrounding two venture capital arms of state-owned enterprises (SOEs) to the agricultural tech start-up.
2 weeks agoUS memory chip giant Micron Technology said Friday that its workers in Taiwan will receive the equivalent of up to five years and eight months of pay, as labor unions threaten to strike unless the company overhauls its bonus system.
2 weeks agoThe 11 members of the Association of Southeast Asian Nations (ASEAN) and three guest sides -- Hong Kong, Pakistan and Bangladesh -- will play in two divisions from September 24.
2 weeks agoFrench mining group Eramet has announced that mining operations at PT Weda Bay Nickel (PT WBN) have resumed following authorization from Indonesian authorities, ending a four-month period of care and maintenance.
2 weeks agoA senior Industry Ministry official told a House commission meeting on Wednesday that aside from Pindad, other local manufacturers were producing the bulk of 14,000 vehicles ordered for government use.
2 weeks agoIndia is chairing BRICS this year, with leaders of the bloc set to meet in New Delhi on September 12 to 13. The Reserve Bank of India (RBI) proposed linking the countries' official digital currencies to facilitate cross-border trade, Reuters reported in January.
2 weeks agoGlobal growth is running hot into the second half of the year, forcing asset managers to find firebreaks while staying invested.
2 weeks agoCurrently there are seven piers on each side of the crossing but more piers are needed to ease traffic to and from Bali, especially large trucks.
2 weeks agoThe next chapter of Japan-ASEAN relations will test whether the bond can endure amidst increasingly self-seeking and divisive geopolitical tendencies.
2 weeks agoFires have been blazing across vast stretches of forest and peatland throughout the country, causing hazardous emissions to surge, particularly in the hardest-hit provinces on the islands of Sumatra and Kalimantan.
2 weeks agoIn Central Kalimantan, prolonged drought has dried up parts of the Barito River, one of the longest and largest rivers in the Kalimantan region, bringing river transportation to a standstill.
2 weeks agoAsian stocks tumbled Friday as oil prices extended gains and bond yields held at multi-year highs as the Middle East crisis stoked supply concerns and a forecast-topping US inflation report ramped up rate hike bets.
2 weeks agoApple executives demonstrated the iPhone Duo running a variety of apps including Zoom, Slack and Netflix on an expanded display, as they showcased its ability to be used for work, content creation and entertainment.
2 weeks agoAs peatlands burn and flagship carbon projects go up in smoke, our market-driven climate pledges are failing. Only recognizing the legal rights of nature, as constitutionally mandated, can pull us back from the brink.
2 weeks agoIn order to ensure the viability and merit of the bill, it is imperative for all of us to get clarity on ultimate purpose, intended impacts and legal soundness during the legislative process.
2 weeks agoWe cannot claim our war on terror as a success if it breeds new generations of anger, alienation and hatred.
2 weeks agoThe Communications and Digital Ministry is pushing Meta to fully comply with the country’s Child Protection in Digital Space Regulation, known as PP TUNAS, following a landmark ruling in the United States that found the company’s child safety measures lacking.
2 weeks agoBuilding on the 2002 agreement, ASEAN has since declared the right to a clean and healthy environment and is now working on an action plan that may finally provide access to legal recourse for the region’s citizens harmed by transboundary haze pollution.
2 weeks agoA bank account can be frozen in minutes, but the damage to trust in the financial system can last much longer. The controversial freezing of an account belonging to the coordinator of a planned demonstration in Jakarta raises a question that goes well beyond the Rp 80.9 million (US$4,500) involved: How should banks balance law-enforcement requests against due process and customer protection, particularly when the legal basis for restricting access to a customer’s money is contested?
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