The coordinating economic minister says getting at least 30 percent of exporters' earnings into the country will help strengthen the rupiah against external factors.

Global venture capital (VC) fundraising tumbled by a double-digit percentage in 2022, and some insiders see the next few years as the night of the living dead, where zombie VC firms would arise.

Indonesia, being one of the world's largest producers and exporters of natural resource commodities, has been positively impacted by the global commodity windfall in the past two years.

United Tractors saw its share price jump by more than 10 percent after its net profit doubled in 2022, following a hike in commodity prices. 

Heavy equipment and mining has become Astra's biggest business segment as it now contributes more than the automotive business to the group’s revenue.

Asian equities weakened on Tuesday and were set for their worst monthly performance since September as investors adjusted to expectations that US interest rates will stay higher for longer.

Two banks owned by homegrown conglomerates will be merged this year, according to the Financial Services Authority.

In the country most populated by Muslims, Ramadan holds a special place in its people’s hearts. It is the day of the year people look forward to more than any other annually, and this year is no different.

The business-to-business platforms cannot directly bring down building material prices, but they could help property developers manage costs, according to an expert.

Sales of the retail chain increased 20.7 percent last year to Rp 12.4 trillion due to a strong performance during Lebaran, Christmas and the back-to-school season.

The Netherlands on Monday warned against hitting Big Tech with a so-called internet toll to help pay for billions of euros in network investments, saying such a move may breach net neutrality rules and lead to price hikes for Europeans.

Emtek, one of the biggest technology and media groups in the country comprising TV stations, digital media and tech start-ups, says prudence in spending has been helping it weather macroeconomic turmoil.

Electric motorcycle sales almost tripled from 2021 to 2022, but even with the significant improvement, only a fraction of Indonesia's conventional motorcycles could be replaced by electric ones over the coming years, analysts say.

“This is too hasty. If [the government] is serious about it, it should’ve been carefully planned since the incumbent [president]’s first term,” said one civil servant.

Pertamina Geothermal Energy (PGE) was officially listed on the Indonesia Stock Exchange (IDX) on Friday, but after opening higher and fluctuating widely, its shares closed at the initial public offering (IPO) price.

Ezaki Glico Co., Ltd inaugurated its largest factory to date on Thursday in Karawang, West Java, with the aim of serving the domestic and Southeast Asian markets and to begin exports to North America in spring this year.

While signaling the chance of tweaking the BOJ's bond yield curve control (YCC) in the future, Ueda said the bank needed to work out the right timing and means to do so, a sign the new chief will be in no rush to overhaul the controversial policy.

India is unlikely to sign a deal with richer nations this year for a just energy transition, as international funding rests on India committing to a timeline to phase out coal, an "unviable" proposition for the country, energy analysts said.

Asian markets were mixed Friday, with traders still occupied by long-running interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.

Indonesia is nearing the completion of a national carbon-trading mechanism, but for the measure to be effective, the country needs to begin tightening emissions quotas for coal-fired power plants, an expert says.

Economists agree that the nomination of the central bank governor for a second term in office signals predictability in Indonesia’s monetary policy as next year’s elections draw closer, but some consider him too obedient to the government.

The German economy ministry is seeking to crack down on the export to third countries of goods that fall under European Union sanctions imposed on Russia over its war in Ukraine, according to a ministry document seen by Reuters on Thursday.

Amid the global economy’s move toward sustainable development, SKF - a leading global supplier of solutions for rotating equipment, has already embarked on a “remanufacturing journey” which helps in extending the service life of industrial bearings to reduce costs, downtime and environmental impact.

The mood among corporate leaders in the Asia-Pacific region has darkened abruptly in a global economy fraught with risks from geopolitical confrontation and runaway inflation to rising social tension, a new study has found.

Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the brakes on inflation.

The Batang Toru hydropower plant has caused a global controversy for threatening the habitat of the critically endangered Tapanuli orangutan, raising concerns over the likelihood of its extinction.

Chairman of House budget committee Said Abdullah said President Jokowi has sent Perry's name to the House as his sole candidate for the post.