Meta declined to comment on the WSJ report.

Tens of thousands of Indonesian textile workers are on the chopping block as the industry faces a steep drop in exports while imported clothing eats away at its domestic market share.

Two Turkish defense companies setup separate cooperation deals with their Indonesian counterparts at the 2022 Indo Defense and Expo in Jakarta on Thursday, further strengthening existing industrial ties.

Days into the Tesla boss's stewardship of one of the world's leading platforms for discourse and activism, his promises and provocations are prompting a wave of reactions -- including warnings from the United Nations and an apology from Twitter's co-founder. 

The government has just added two commodities to the list of staple food commodities and assigned additional roles to the State Logistics Agency (Bulog) to help stabilize domestic supplies, but experts warn that challenges in dealing with the food-reserves supply chain would remain.

According to the World Bank, Indonesia generates approximately 7.8 million tonnes of plastic waste annually.

The government plans to raise the cigarette excise by an average 10 percent annually over the next few years, continuing its longstanding effort to bring down tobacco use despite the recent acceleration of inflation.

Indonesia is rising to international prominence due to its increasing participation in various intergovernmental forums, including ASEAN and the Group of 20.

Losses after tax hit £228 million ($262 million) in the three months to the end of September, after a shortfall of almost £90 million a year earlier, according to the group which is targeting electrification of its range.

Current production of Satria-1 megaproject has entered a critical phase; it is hoped that cooperation with Thales Group could run smoothly so that the launch of the multifunction satellite could be carried out on schedule in July 2023. 

The company, known as Ceer, "will contribute to Saudi Arabia's efforts towards carbon emissions reduction and driving sustainability to address the impact of climate change," the official Saudi Press Agency said.

US officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and US sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.

Micro, small and medium enterprises (MSMEs) are the backbone of Indonesia’s economy, accounting for over 61 percent of Indonesia’s total gross domestic product (GDP).

Asian equities rose on Friday, boosted by Hong Kong and China stocks, while the dollar was set for its best week in more than a month as investors priced in the prospect of the Federal Reserve taking interest rates above 5 percent next year. 

Twitter said it will start laying off employees on Friday, as the new billionaire owner Elon Musk moves quickly after his big takeover to make the messaging platform financially sound.

Years behind schedule, the high-speed railway link to connect Jakarta with Bandung is set for a trial this month in preparation for commercial operations planned to commence in June of next year. However, experts have not ruled out further delays.

Central banks worldwide are raising borrowing costs in efforts to tame soaring consumer prices, but Turkey has bucked the global trend, with Erdogan calling higher interest rates his "biggest enemy".

The Munich-based group said it had booked a net profit of nearly 3.2 billion euros ($3.1 billion), up from 2.6 billion euros between July and September last year.

Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving start-ups sufficient funding to challenge the Asian companies that dominate the market.

A European diplomat briefed on the grain talks said Russian President Vladimir Putin was likely to use the need for an extension as a way to gain leverage and dominate a Nov. 13-16 G20 summit in Indonesia.

Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

A semiconductor industry is an expensive investment due to its advanced and rapidly evolving technology that requires regular upgrading.

There are growing signs inflation could be brought under control, top bankers said at a summit in Hong Kong Wednesday, but geopolitical risks will continue to inject volatility and a global recession is still on the cards.

Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering – demand for natural gas and electricity both fell in the past quarter.

HP Greater Asia vice president and head of personal systems Kong Meng Koh spoke to The Jakarta Post’s Divya Karyza about the IT company’s take on Indonesia’s growing cyberthreats and the country’s technology landscape, while also discussing HP’s strategy in dealing with global economic uncertainty.

Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.

The two governments signed a memorandum of understanding in Abu Dhabi setting out the framework of the deal, Blinken said in a statement.