Global pressures are still very high in 2022. The world economy still has to face several risk factors from now on due to global inflationary pressures, the continuing war between Russia and Ukraine, geopolitical tensions in several countries and aggressive worldwide monetary policy tightening.

German industrial orders slumped for the sixth consecutive month in July, official data showed Tuesday, raising the specter that a recession was looming in Europe's biggest economy.

The Transportation Ministry has taken several steps to avoid steep price rises, namely by adjusting the tariff on economy-class public transportation, especially on land transportation modes. 

Business travel budgets are projected to rise in 2023 as companies benchmark against pre-pandemic levels of travel spending despite growing uncertainty over the economic outlook.

The Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion sent oil, gas and coal prices soaring.

Asian shares rose on Tuesday morning after China pledged to make renewed efforts to boost its economy on Monday, while investors pinned hope on more clarity ahead of a number of central bank meetings.

Cloud technology has been around for some time and is used by established enterprises and large government agencies in Indonesia, but its adoption by smaller public institutions and micro, small and medium enterprises (MSMEs) has been slow.

At about the same time as the government decided on an increase in the price of Pertamina’s subsidized fuels, private gas-station operator Vivo reduced the price of its RON-89 fuel to Rp 8,900 per liter, well below Pertalite’s Rp 10,000 per liter.

The recently launched digital banking service promises easy and secure access to financial services for around 110 million users and 20 million business owners in Bukalapak ’s ecosystem.

Oil prices jumped along with the whole energy complex as a holiday in US markets made for thin trading conditions. News of more coronavirus lockdowns in China only added to the jittery mood.

Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some experts even forecasting a cut to support prices.

Economists warn that yesterday's decision to raise subsidized fuel prices could disproportionately impact lower-income households, force the central bank's hand in expanding its rate hike to double the initial assumption and propel the country into stagflation.

Lack of tech knowledge has been identified as a key hurdle to wider adoption of cloud computing in Indonesia, hence AWS and IBM have announced plans to set up educational facilities in the region.

The measure will take effect on Dec. 5 for crude oil and Feb. 5 for petroleum products, Japanese Finance Minister Shunichi Suzuki told reporters after the virtual meeting that also involved Britain, Canada, France, Germany, Italy and the United States, plus the European Union.

It is estimated that around 63.4 percent of potential Indonesian house buyers are millennials or members of Gen-Z.

Big publicly listed coal mining companies have seen their financial conditions improve on the back of surging global prices of the fossil fuel.

Palm farmers have expressed hope that low prices of fresh fruit bunches will start to rise significantly on the back of extended CPO export levy waiver, but warned that the policy will be in vain if regulations are poorly implemented.

The government is considering changing pricing guidelines for poultry to stem a persistent dip in the price of chicken meat at the farmer level amid high input costs.

Asian shares were mixed and the dollar stood tall on Friday ahead of a key US jobs report as investors braced for more aggressive rate hikes from the Federal Reserve, while commodities took an overnight dive amid new China lockdowns.

The headline inflation rate dropped for the first time since February as the consumer price index came in lower than expected in August, data from Statistics Indonesia (BPS) show.

The country’s largest fuel retailer has lowered the price of its Pertamax Turbo, Dexlite and Pertamina Dex fuel brands for the first time this year to adjust to declining global crude prices and promote the use of unsubsidized fuels.

The airline will cancel 800 flights on September 2 affecting "130,000 passengers", Lufthansa said in a statement on Thursday.

The manufacturing industry improved at the fastest pace in four months on the back of rising demand.

The Japanese currency weakened to its lowest level against the dollar since September 1998 after hitting 139.38 on July 14.

"The objectives of Sri Lanka's new Fund-supported programme are to restore macroeconomic stability and debt sustainability," the statement said, outlining the 48-month long arrangement under the IMF's Extended Fund Facility.

"Any new product will be complementary to our existing ads business," the spokesperson told Reuters in an emailed statement.

Asian stocks slid and the dollar spiked on Thursday as investors greeted September by selling everything that was not nailed down after a month battered by concerns about aggressive rate hikes from global policymakers.