Indonesian tech firms are proposing new ways to make farming more efficient at a time when food security is causing headaches around the world, but the start-ups have some convincing to do to get farmers on board.

Indonesia and Chile have added a services trade protocol to their bilateral trade agreement as the two emerging economies brace for a potential global recession.

The US dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world's second-biggest economy.

Asian markets fell Monday as China's first COVID death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.

Business owners from Bali share their views on the state of the industry and whether there has been any trickle-down effects from the Group of 20 events throughout the year.

WhatsApp vice president for global affairs and strategic markets Victoria Grand spoke with The Jakarta Post’s Deni Ghifari on Nov. 4 about the company’s products, mission and business model.

The Asian Development Bank has approved a US$500 million loan to support Indonesian government efforts aimed at improving the efficiency, resilience and corporate governance of state-owned enterprises (SOEs).

The Singapore-based venture capital firm has acquired 60 percent of PT Swiss-Belhotel International Indonesia and PT Zest Hotels International Indonesia in a move described as the firm's next step in developing its hospitality business after it led the Series B funding for ARTOTEL Group last year.

The layoff wave that has been sweeping through the Indonesian-tech landscape within the past two months is nothing surprising, experts say, as the situation is bound to happen across the globe, insinuating a similar trend recently happened among tech giants in Silicon Valley.

Germany's biggest trade union agreed Friday on wage hikes totaling 8.5 percent that are expected to cover almost 4 million workers facing soaring inflation, averting a major strike in Europe's top economy.

Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty.

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity," or leave.

Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.

A recently announced international climate financing deal will kick-start Indonesia’s efforts to wean itself off coal-fired power plants, though the country must manage its debts and the program prudently, experts have said.

In a bilateral meeting with his Chinese counterpart at the Group of 20 Summit in Bali, President Joko “Jokowi” Widodo highlighted the immense significance Indonesia attributes to its cooperation with Asia’s economic powerhouse.

Bank Indonesia has decided to raise its benchmark rate by another 50-point basis (bps) in a move to bring down domestic inflation and to safeguard rupiah from depreciating even further against US dollar.

Indonesia has attracted new investment into the electric vehicle (EV) sector, coinciding with the Group of G20 forum, where global leaders and businesses agreed on commitments to lower carbon emissions.

Business representatives have urged the government to retain the existing minimum wage formula that will result in a much-limited raise in 2023, opposing demands from workers for the government to return to its previous wage calculation.

Asian stocks were mixed on Thursday while the US dollar stabilized and Treasury yields remained depressed as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data.

The Kadin chairman emphasizes that both businesses and world leaders need to put people first in contributing to world peace.

Gojek and Grab have dominated Indonesia’s ride-hailing sector for years, but two new players with Russian roots – inDrive and Maxim – have arrived to contest the giants’ supremacy.

The government has signed a memorandum of understanding (MoU) with energy company Sun Cable to accelerate the development of inter-island grid connectivity and technical programs that will add up to US$115 billion to Indonesia’s GDP by 2035.

Three countries have signed a memorandum of understanding (MoU) with Indonesia to participate in the expansion of Jakarta’s mass rapid transit (MRT) mega-project and to partake in developing other transportation constructions in Indonesia.

Leaders of the Group of 20 (G2) major economies said on Wednesday their central banks will continue to calibrate the pace of monetary policy tightening, while being mindful of the need to limit "cross-country spillovers."

The safe-haven US dollar edged higher against major peers on Wednesday as markets continued to assess news of a Russian-made rocket striking NATO-member Poland, and whether it could lead to an escalation of the Ukraine war.

Business initiatives conducted throughout the year under the Group of 20 framework have culminated in a series of investment agreements presented at the Business 20 (B20) Summit on Monday.

Indonesia’s trade balance experienced an unanticipated bump in October as demand from the country’s largest Asian trading partners increased and imports of capital goods fell.