In anticipation of higher interest rates in the second half of this year, the government has brought forward the planned issuance of bonds.
2 years agoThe dollar rose 0.4 percent to 134.72 yen, even as wage talks delivered the biggest pay increases in a quarter century which are likely to pressure monetary policy settings in Japan. ...
2 years agoWorker pay has been one casualty of the years of sputtering growth in the world's third-largest economy since the late 1990s, leaving Japanese salaries well behind the OECD average. ...
2 years agoLion Air stated on Wednesday that the two pictured aircraft had been returned to their lessor in 2021 after their contract expired.
2 years agoIn an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled.
2 years agoAsian markets bounced Wednesday as concerns about contagion from the collapse of two US regional lenders eased while investors turned their attention back to next week's Federal Reserve interest rate decision.
2 years agoThe collapse of Silicon Valley Bank (SVB) and Signature Bank has caused a certain degree of paranoia, reminding many of the horrors of the global financial crisis in 2008.
2 years agoThe logistics industry is a driving force for the national economy. Logistics transportation is one of the supports for the rise of the Indonesian economy, which is currently in a slump due to the COVID-19 pandemic.
2 years agoKey metrics like bookings, cancellations and room rates suggest that small accommodation businesses have found their way back into pre-pandemic shape.
2 years agoVolkswagen said on Tuesday it would invest 122 billion euros (US$130 billion) in the shift towards electric vehicles over the coming years, as the battle for dominance in the EV market heats up.
2 years agoThe state-owned company currently has around 568,000 hectares of oil palm plantation and has a target to produce 3.08 million tons of crude palm oil (CPO) in 2023.
2 years agoAsia's share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a US banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of US inflation data due later in the day.
2 years agoThe head of the European Commission Ursula von der Leyen said Monday she wants to avoid economic dependence on Beijing, but not fully "decouple" the EU's economy from China.
2 years agoThe AEER think tank says Indonesian SOE lenders are too slow in raising their financing of renewable energy projects, hampering the country's drive for renewable energy.
2 years agoIndonesian electric two-wheeler producers are gearing up for rising sales thanks to government subsidies aimed at boosting electric vehicle (EV) adoption in the country.
2 years agoThe deal, overseen by the Bank of England and the Treasury, comes after SVB collapsed Friday sparking panic in Britain over its customers in the technology and life science sectors.
2 years agoUS stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors wagered a rate hike this month was no longer a certainty.
2 years agoIBM views its business partners as a critical part of the ecosystem and therefore, it enhances its engagement, provides partners with access to resources, incentives and tailored support to thrive and evolve.
2 years agoRANS Entertainment seeks to expand beyond just media and entertainment, with forays into F&B and FMCG as well. But its main challenge is getting the company recognized independently from the couple.
2 years agoUS authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and to promise other institutions help in meeting customers' needs, as they announced a second tech-friendly bank had been closed by regulators.
2 years agoM&A transactions typically flourish when the capital market is stable, according to a top banker of JP Morgan in Indonesia.
2 years agoRice, one of the most tightly regulated commodities in the country, increased in price throughout 2022, which has industry experts asking whether the protective measures themselves could be driving inflation.
2 years agoThe world's biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender sparked concerns over the wider sector.
2 years agoMining tin under the sea is seen as a lucrative opportunity given many of the land deposits have been widely exploited.
2 years agoIndonesia to find new partner to replace Air Products, which decided to withdraw recently, hoping to continue the coal downstream project nevertheless.
2 years agoAsian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.
2 years agoFormer Finance Minister Bambang Brodjonegoro said that Indonesian economic growth is stuck at 5 percent because of no real breakthrough in manufacturing industry.
2 years agoTax exemptions and other deal sweeteners are designed to lure investors to the megaproject for Indonesia’s new capital, but a critic says the "fire sale" of incentives reflects panic in the administration.
2 years agoBank Indonesia’s latest data point to higher retail sales in February when compared to last year, but the month-to-month numbers reveal a consecutive decline, which experts attribute to seasonal factors.
2 years agoChina's consumer price inflation last month fell to its lowest level in a year, official data showed Thursday, as the country emerged from strict pandemic controls and a Lunar New Year spending binge.
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