Orchid plantation firm PT Santini Mitra Amanah (SMA) has signed a technical assistance agreement on orchid cultivation with Colombia-based Alma Del Bosque following talks that began in July.

The government is banking on windfall income from the G20 Summit as well as the Global Tourism Forum – both to be hosted in Bali this month – and is upgrading facilities at the popular destination of Labuan Bajo in East Nusa Tenggara.

The Group of Twenty (G20) Second Health Ministerial Meeting in Bali, which concluded on Oct. 28, has produced a technical document outlining six crucial actions to be submitted for consideration during the G20 Leaders’ Summit in mid-November.

Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening recovery prospects.

There are three options to retire coal-fired power plants earlier: write-off from PLN’s book, a spin-off with blended financing and independent power producer (IPP) refinancing.

The Jakarta International Container Terminal (JICT) welcomed on Monday the largest container ship ever to call at the port as part of a weekly direct shipping service connecting Indonesia with the United States.

The IMF has revised down its 2023 projection for Indonesia's GDP growth by 2 percentage points in view of three geoeconomic impacts that could affect trade in not just Indonesia, but the entire Asia-Pacific.

A major K-pop concert called Busan One Asia Festival, set for Sunday and expected to attract around 40,000 people, was canceled, while dozens of regional councils across the country have called off local festivals planned alongside the autumn foliage season and Halloween. 

We live in a digital world, and digital capabilities are now a critical part of an effective business strategy. The COVID-19 pandemic further accelerated this trend, creating new pressure on organizations to leverage digital capabilities in order to meet changing customer expectations.

The government is considering a plan to extend ongoing Jakarta-Bandung high speed railway megaproject to Surabaya, despite facing multiple delays on the existing development, in a bid to make the project more economically viable.

Chicago wheat futures jumped more than 5 percent on Monday and corn rose over 2 percent as Russia's withdrawal from a Black Sea export agreement raised concerns over global grain supplies. 

The dollar firmed on Monday after strong consumer spending data pointed to persistent underlying inflation pressure, cooling bets that the US Federal Reserve could flag a slowdown in its aggressive interest rate hikes.

Investors are holding back from the government bond market amid rising interest rates to fend off high inflation in many major economies, leaving emerging countries like Indonesia struggling to keep up with investors’ appetite to secure capital at home.

The city-state is still Asia Pacific’s best sandbox for early-stage start-ups, but other countries in the Southeast Asian region are becoming more competitive, tech industry insiders say.

Indosat Ooredoo Hutchison (IOH) has shown significant growth this year, based on its solid growth in total revenue and net profits in the third quarter.

The Energy and Mineral Resources Ministry has extended its contract to supply gas to Singapore for five years from the initial expiry date of 2023.

Toyota Motor Corp on Friday said global production climbed 30 percent in the quarter ended in September, but warned the shortages of semiconductors and other parts that have roiled the auto industry would still constrain output in coming months.

At a joint news conference with US Secretary of State Antony Blinken, Joly said the two countries aimed to "further align our approaches" in the Indo-Pacific.

Charting a proactive path to recovery, a former finance minister, a prominent business representative and a high-ranking policymaker all agree that Indonesia must buttress domestic demand while keeping a lid on prices to emerge stronger from a worldwide crisis.

The CEO of electric car maker Tesla Inc has said he wants to "defeat" spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division, even as he limits censorship.

Asian equities edged lower on Friday as investors grappled with mixed earnings reports, while the Japanese yen held firm ahead of the Bank of Japan's policy review.

China's "sharp and uncharacteristic" economic slowdown is expected to drag on growth across Asia through the end of next year, the International Monetary Fund (IMF) warned Friday, darkening an already gloomy global outlook.

Major Indonesian banks expect 2023 to be a challenging year given the global risks of inflation, recession and foreign exchange volatility, yet they look to continued expansion, emboldened by strong third-quarter reports and a resilient domestic economy.

 China's economy is facing growing risks of slowing external demand in the fourth quarter, a commerce ministry spokesperson said on Thursday, adding that uncertainties were overshadowing growth in China's foreign trade.

Officials said no price range has been decided yet, however one person familiar with the process said the cap will be determined in line with the historical average of $63-64 a barrel - a level that could form a natural upper limit. 

The social networking giant, which faces stagnating user numbers and cuts in advertising budgets, also said revenue slipped to $27.7 billion from $29 billion a year earlier.

Earnings in its crucial memory chips division were down, the company said in a statement, adding that "demand for consumer products remained weak".