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View all search resultsOil languished near its lowest since the start of the war in Ukraine on Friday on fears of a global recession, though stocks ignored such worries.
3 years agoThe once in a blue moon budget surplus Indonesia achieved in the first six months of 2022 will prove unsustainable for the full year, experts say. ...
3 years agoConsumers worry about inflation and fear potential recession, causing them to halt their spending on new gadgets. ...
3 years agoDelivery of health care in Indonesia faces myriad challenges: shortage of trained manpower, infrastructure deficits and fiscal challenges to name a few.
3 years agoIn the first half of the year, the government collected Rp 1.83 trillion (US$128 million) in fines from 240 mining companies that failed to comply with the country’s domestic market obligation (DMO) for coal.
3 years agoAfter a two-month slowdown, the country’s manufacturing sector performed strongly in July, despite being hit by supply-side inflation and waning export demand.
3 years agoThe drills -- China's largest-ever around Taiwan -- are a major show of strength after US House Speaker Nancy Pelosi infuriated Beijing by visiting the island.
3 years agoChina and Hong Kong stocks rose on Thursday, as investors' focus shifted from tensions around Taiwan to a raft of newly launched infrastructure projects that Beijing hopes can help stabilize its COVID-19-hit economy.
3 years agoAsian stocks rose on Thursday, taking cues from a strong rally on Wall Street after robust economic data and upbeat corporate guidance boosted investor appetite.
3 years agoThe legislature looks set to approve an additional state capital injection for fiscal year 2023 to tackle the massive cost-overrun in the development of the Jakarta-Bandung railway link.
3 years agoGlobal economic uncertainty is forcing firms in Asia, including Indonesia, to fulfill their financing needs domestically as the capital market turns volatile and dampens corporate bond issuance.
3 years agoThe country's airlines have been under pressure from increased fuel costs amid high global crude oil prices.
3 years agoIt was one of the first commercial shipments from the port since Russia’s invasion blocked shipping through the Black Sea five months ago.
3 years agoEnd to "flush-out" tariff policy does not mean instant increase in domestic CPO and FFB prices, says farmers association.
3 years agoThe Indonesian government had blocked PayPal's website on Saturday because of its failure to comply to licensing rules, but access to the website was temporarily opened starting Sunday to allow customers to transfer funds.
3 years agoThe carmaker's profits for the period between April and June fell to three billion euros ($3.1 billion) from 4.8 billion euros in the same period last year.
3 years agoSalim Group becomes one of the new biggest shareholders of PT Metropolitan Land Tbk. or Metland (MTLA), following similar step done by another household tycoon Ciputra Group at the end of last year.
3 years agoThe United States and the European Union can avoid recession and achieve a soft landing by bringing inflation down to an acceptable level, a US central bank official said Tuesday.
3 years agoAs Southeast Asian fintechs expand across borders to tap into the region's enormous growth potential, an industry insider has cautioned that “the grass is almost never greener on the other side”.
3 years agoThree publicly listed digital banks post massive growth in loan disbursements and revenue as more Indonesians transact digitally.
3 years agoThe latest buzz in Traveloka's IPO plans is that the homegrown travel and lifestyle start-up has reportedly secured a multimillion-dollar deal with Thailand's state-owned energy and retail giant.
3 years agoThe number of foreign visitors in June was up 20-fold compared with the same month last year, according to Statistics Indonesia (BPS), after the government allowed tourists from more countries to enter Indonesia with a visa on arrival (VoA).
3 years agoThe truck maker had previously admitted in March that it had submitted fraudulent emissions and fuel economy data to transport authorities since at least 2016, suspending the shipment of vehicles with engines for which the figures had been altered.
3 years agoAs a developing economy, Indonesia is prone to spillover effects from exit policies in advanced economies. Several externalities and key factors could significantly affect the government’s efforts to ensure a sustainable economic revival.
3 years agoBukalapak announced on Monday that it had achieved a net profit of Rp 8.5 trillion in the first half of 2022, thanks to its investment in Allo Bank.
3 years agoThe company reported a net profit of $9.3 billion -- a threefold increase from the same three-month period last year -- following a $20.4-billion loss in the first quarter.
3 years agoAfter the higher-than-expected inflation reading last month, the central bank has reaffirmed that it would only hike its key interest rate if there were significant signs of demand-induced inflation.
3 years agoThose charged included the four founders of the scheme named Forsage. They were last known to be living in Russia, the Republic of Georgia, and Indonesia, the SEC said in a statement.
3 years agoAsia stocks continued a decline from Wall Street on Tuesday, and US long-term Treasury yields sank to a four-month low, pulling the US dollar down against the yen and other currencies as investors worried about the risk of global recession.
3 years agoInflation in July surpassed already-revised estimates by Bank Indonesia (BI) and the government as consumer prices rose at their fastest pace since October 2015.
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