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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.
3 years agoDays 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. ...
3 years agoThe 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. ...
3 years agoAccording to the World Bank, Indonesia generates approximately 7.8 million tonnes of plastic waste annually.
3 years agoThe 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.
3 years agoIndonesia is rising to international prominence due to its increasing participation in various intergovernmental forums, including ASEAN and the Group of 20.
3 years agoLosses 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.
3 years agoCurrent 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.
3 years agoThe 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.
3 years agoUS 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.
3 years agoMicro, 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).
3 years agoAsian 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.
3 years agoTwitter 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.
3 years agoYears 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.
3 years agoCentral 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".
3 years agoThe 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.
3 years agoEurope'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.
3 years agoA 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.
3 years agoAsian 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.
3 years agoA semiconductor industry is an expensive investment due to its advanced and rapidly evolving technology that requires regular upgrading.
3 years agoThere 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.
3 years agoEurope 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.
3 years agoHP 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.
3 years agoAsian 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.
3 years agoThe two governments signed a memorandum of understanding in Abu Dhabi setting out the framework of the deal, Blinken said in a statement.
3 years agoThere is still a lot of room for improvement to increase production in Java.
3 years agoInflation slowed in October following a drop in a wide range of food commodities, but analysts expect the drop to be temporary as risks overshadow the economy in the remaining weeks of the year.
3 years agoBukalapak has turned in yet another positive performance this year as the company managed to grow its year-on-year (yoy) revenue by 86 percent as of the third quarter, as announced in a press statement about the company’s financial report released on Sunday.
3 years agoReplacement cost profit soared to $8.2 billion in the three months to September, the British energy major announced.
3 years agoOperating profit dropped 34.7 percent to 1.14 trillion yen in the April-September period on sales of 17.7 trillion yen, up 14.4 percent.
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