“Buy Local” is a call that is increasingly being heard across the world. For communities that do, buying local has a positive impact, as it stimulates the local economy, creates and retains jobs, and helps micro, small and medium enterprises (MSMEs) earn revenue.

According to Statistics Indonesia (BPS), as much as 64.5 percent of all MSMEs in Indonesia were managed by women as of 2021. The MSME sector is one of the biggest contributors to the country’s GDP. Therefore, these women-owned businesses need to be fostered to allow for growth.

The global fertilizer shortage has prompted the government to develop a new fertilizer production facility in West Papua that will start operating in 2027, with a dual aim to reinvigorate the agriculture industry in the country’s eastern regions.

Dedi Sunardi's position will be filled by Erry Widiastono, the director of logistics and infrastructure, until the oil and gas giant picks a definitive replacement.

Work on a dam and clean water processing, essential facilities for what is to become the new capital city, are close to completion.

The dollar scaled multi-month highs against most other major currencies on Wednesday after Federal Reserve Chair Jerome Powell warned that US interest rates might need to go up even faster and higher than expected to rein in stubborn inflation.

Malaysia is the world's second biggest producer of palm oil and fall in its production could lift palm oil futures FCPOc3 already trading near their highest level in four months.

The government's move to revise existing regulations is seen by the industry as a step back to Indonesia’s struggle to push for rooftop solar panel adoption.

The universities participating in the program include Prasetiya Mulya University, Pelita Harapan University and Trisakti University.

Korean firms say Indonesia’s many import regulations are keeping potential foreign investment out of the country.

In 2022, Indonesia succeeded in increasing its production of strategic mineral and energy commodities, such as coal and nickel. The increased production has been a windfall for Indonesia, as 2022 has been a year of commodity price surges. However, the "business as usual" approach to mineral and energy mining often overlooks the concept of intertemporal optimization, which is of utmost importance for the sustainability of the mining industry itself.

The Association of Indonesian Venture Capital and Start-ups (Amvesindo) revealed on Monday that the number of active venture capital (VC) firms is decreasing but the combined assets they manage have been consistently rising up to the end of 2022 to Rp 25 trillion (US$1.6 billion).

Asian stocks pulled back on Tuesday as weak trade data weighed on Chinese stocks while investors awaited Federal Reserve Chair Jerome Powell's testimony later in the day for clues on the central bank's next move on rates.

The Industry Ministry also proposed incentives for the purchase of 35,900 new electric cars and 138 electric buses between March 20 and the end of the year.

President Xi Jinping vowed to boost the country's manufacturing capacity and not rely on overseas markets, state media reported Monday.

This year, the government will continue the National Movement for Food Inflation Control (GNPIP) to reduce food-related inflation.

Asian markets mostly rose on Monday over murmurs that the US Federal Reserve may loosen its monetary tightening but stocks in Hong Kong and China fell after Beijing announced its lowest economic growth target in decades. 

As part of its efforts to shift its business focus away from coal, Indonesia’s Indika Energy is in negotiations to retire its part-owned Cirebon 1 coal-fired power plant in West Java and is building an electric motorcycle. Indika Energy vice president director Azis Armand spoke to The Jakarta Post’s Divya Karyza on Feb. 15 about his views on Indonesia’s electric vehicle (EV) ecosystem and the company’s struggle in cutting its coal income to 50 percent by 2025 amid global pressure on the coal industry.

The fact that trillions of dollars were wiped off tech company valuations around the world last year reflects a profound reassessment of the industry, where growth alone will no longer cut it.

The Chinese government on Sunday set a slightly lower annual economic growth target compared with last year's goal, as the world's second-biggest economy began to emerge from three years of severe COVID-19 restrictions.

Indonesia may not see house flipping take off to the extent that it has in the United States, an expert has said, but some are already turning a quick profit.

As liquidity shrank, investment bankers demanded a more concrete path to profitability from tech companies.

China's central bank will adjust monetary policy in a timely and appropriate manner, and cutting banks' reserve requirements to release long-term liquidity will still be an effective tool to support the economy, top bank officials said on Friday.

Asian markets on Friday tracked a Wall Street rally after a top Federal Reserve official said he would back a small interest-rate hike at its next meeting but hinted at a possible summer pause to see how tighter policy has impacted inflation.

Unencumbered by debt, newcomers Raindo United Services, Pelita Air and Super Air Jet are taking advantage of high demand and limited supply in the recovering industry.

As the world’s biggest palm oil exporter, Indonesia wants to establish its own benchmark crude palm oil (CPO) price by the end of this year to cut its reliance on the Malaysian derivative exchange. 

For some, there is nothing that can beat the feeling they get when they purchase a much-wanted item at the till. In this day and age, that satisfaction can also happen when clicking the checkout button.