The majority of Indonesian people view life with optimism, but this trait has come increasingly under question, given the inevitable risk it poses to their financial situation.

Asian markets extended a Wall Street advance into Thursday as forecast-busting US earnings and consumer confidence data tempered worries about a deep recession.

Both the government and businesses expect difficult economic conditions in 2023, mainly as a result of the geopolitical tensions caused by the war in Ukraine, which will continue to create uncertainty.   

Indonesia will ban exports of bauxite next year, President Joko Widodo said on Wednesday, in his latest move to boost domestic processing industries.

A proposal to bar federal employees from using Chinese app TikTok on government devices appeared set to become law, threatening to deal a blow to the company's reputation and scare off advertisers even if it will not affect many users, experts said.

Asian stocks were trying get into a festive mood on Wednesday, and managed small gains with even Japan's Nikkei lifting off a two-month low it hit following the Bank of Japan's surprise decision to loosen its tight leash on government bond yields.

The tech industry saw a handful of ups and downs that stretched to the extremes throughout 2022; from record-breaking initial public offerings (IPOs) to jaw-dropping shares nosedives and layoffs. 

An agreement between the government and Bank Indonesia (BI) to collaborate on financing the deficit will end this year, as the Finance Ministry promises not to extend the policy to 2023, following greatly improved economic and pandemic conditions that make such measures less urgent for the near future.

Despite becoming the world’s number one stainless steel products exporter, Indonesia is finding its local industry pinched, as producers are deprived of raw materials to keep manufacturing going, while having to deal with a barrage of imported finished products.

The future of Indonesian manufacturing lies in the development of industrial estates to support the growth of the sector. Such estates provide more efficient use of infrastructure and manufacturing facilities to enhance production while minimizing environmental impacts.

The yen surged to a four-month peak against the dollar on Tuesday after the Bank of Japan said it would review its yield curve control policy and widened the trading band for the 10-year government bond yield in an unexpected tweak.

The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy.

Asian share markets were trading mostly in negative territory on Tuesday, as investors anticipated a somewhat rocky road for China's unwinding of COVID restrictions and the prospect that US interest rates will rise higher than expected in 2023.

Southeast Asia superapp giant Grab is back with the second edition of its annual Hari Mitra Grab (Grab Partner Day) in Yogyakarta on Sunday. With the same theme as last year, Solidaritas Selamanya (Solidarity Forever), Grab utilized this occasion to honor and appreciate its partners via various initiatives, one of which is the Apresiasi Dana Abadi (Endowment Fund Appreciation Program).

The measures include a freeze on most hiring, salary freezes for senior managers and cuts in travel and expense budgets, co-founder and CEO Anthony Tan said in the memo which was issued on Wednesday and viewed by Reuters.

The Batam Concession Agency (BP Batam) has named Adaro Energy Indonesia and TBS Energi Utama as winners for the rights to the use of reservoirs in two locations designated for the floating solar power plants (PLTS) project, while indicating that export of renewable-based electricity to Singapore is targeted to kickstart in 2024.

More companies were expected to be increasingly reliant on cutting-edge technology to improve business efficiency amid global economic uncertainty, a top business executive has said

The number of passenger movement at 20 Indonesian airports during Christmas and New Year holiday this year is expected to reach 2.54 million passengers, PT Angkasa Pura II (AP II) predicts, as the state-owned operator readies its service to accommodate the end-of-year peak season. 

Raditya Dika is of the opinion that art, including writing, illustrates the worries and concerns of the creator

Asia's stock markets made a wobbly start to the final full trading week of 2022, with the prospect of interest rates rising further next year taking the edge off festive cheer.

Despite facing many possible setbacks throughout 2022, Indonesia is still poised to accomplish its fiscal-consolidation plan in time, providing the country with a better foothold to withstand whatever looming global uncertainty will throw against it next year.

Indika executives have traveled to India to seek viable solutions for its green transition from its Hyderabad-based partner, Fourth Partner Energy, primarily in solar and EV technology.

The World Bank has criticized Indonesia’s trade policies for their restrictions on imports, as studies show that such measures are counterproductive to achieving value-added manufacturing development.

United States aerospace giant Boeing announced on Friday the appointment of Zaid Alami as the country managing director for PT Boeing Indonesia, effective immediately.

According to statistics from the Cooperatives and Small and Medium Enterprises (SMEs), the MSMEs sector contributes Rp 8,547 trillion to Indonesia’s GDP.

Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in the next few years if stronger efforts are not made to move to a low-carbon economy, a report by the International Energy Agency (IEA) said on Friday.

Globally, over-the-top (OTT) market is dominated by three international players, namely Netflix, Disney+ and Amazon Prime. However, an anomaly occurs in Indonesian market wherein Vidio, a local player, is reigning over even the global platforms, at their own games.