Indosat Ooredoo Hutchison (IOH) delivered a solid performance in the second quarter of 2022, solidifying their place as one of the most preferred digital telecommunication companies in Indonesia.

In a high-level forum organized by the G20 Trade, Investment and Industry Working Group (TIIWG) on Tuesday, Word Trade Organization Director-General Ngozi-Okonjo Iweala said strategic rivalry was a "reality of our times" but should not hamper economic development.

The banking industry is seeing signs of recovery as loan growth starts returning to pre-pandemic levels and borrowers exit restructuring schemes as they resume payments.

Asian stocks were mixed on Friday as fresh concerns about Chinese growth trumped any fillip regional markets received from brisk Wall Street earnings and some tempering of more aggressive expectations about US interest rate hikes.

Flying across the Asian region has become an inseparable part of the many joyful experiences that Ingrid Johnson has, especially since she started to take the helm at life-insurance-provider Sun Life Asia.

Ant and Alibaba did not immediately respond to Reuters requests for comment.

After Wednesday’s 75-basis-point (bps) interest rate hike by the United States Federal Reserve, economists in Indonesia have called for Bank Indonesia to follow suit so as to safeguard the rupiah’s exchange value.

Gross domestic product fell at a 0.9 percent annualized rate last quarter, the Commerce Department said in its advance estimate of GDP on Thursday. Economists polled by Reuters had forecast GDP rebounding at a 0.5 percent rate. 

A South Korean company has agreed to help state-owned electricity company PLN set up underwater electricity cables to increase the national electrification ratio and support renewable energy development in Indonesia.

It has been brought to attention in recent years that most Indonesian children lack the appropriate nutrition, and that parents need to ensure children are getting the necessary balanced nutrients.

The Finance Ministry has collected more than Rp 2.5 trillion (US$166.8 million) in value-added tax (VAT) and income tax obtained from digital companies and services in the first six months of this year as it taps new revenue streams to offset higher spending and keep fiscal consolidation on track.

As Indonesia struggles to catch up with other countries in the 5G rollout, global-telecommunications-firm Ericsson is waiting for the government to make available the frequency band for large-scale fifth-generation cellular networks.

Last week, the Port of New York and New Jersey reported that its June 2022 volumes were the second-highest in history, capping a torrid semester that has overtaken the first half of the record-setting 2021 year by 11.4 percent.

It was the second straight 75 basis point increase, and the fourth rate hike this year, as US central bankers move aggressively to cool the strongest surge in inflation in more than four decades, without derailing the world's largest economy.

Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of US rate hikes, lowering bond yields and restraining the dollar.

Following a visit to Beijing by Indonesian President Joko “Jokowi” Widodo and other ministers, the two sides have announced their intention to explore new investment in Indonesia’s chemical, technology and energy industries.

Battered by Russia's invasion launched on Feb. 24, Ukraine faces 35 percent to 45 percent economic contraction in 2022 and a monthly fiscal shortfall of $5 billion and is heavily reliant on foreign financing from its Western partners.

The government has allowed intellectual property to be used to access financing in a bid to boost the country’s creative economy, but wide-scale adoption of the scheme will take time.

The parallel structures of mirror-encased skyscrapers extending over 170 kilometres (more than 100 miles), known collectively as The Line, form the heart of the Red Sea megacity NEOM, a plank of Crown Prince Muhammad bin Salman's bid to diversify the Gulf state's oil-dependent economy.

The Federal Reserve is set to announce another big interest rate increase on Wednesday, the fourth this year, in its ongoing battle to tamp down price pressures that have been squeezing American families.

Palm oil prices will weaken further in the short term due to softer demand and "distress selling" by top producer Indonesia, commodities consultancy LMC International forecast on Tuesday.

Businesses in many parts of the world have become reluctant to raise funds amid aggressive interest rate hikes led by the US Federal Reserve, but analysts say Indonesian companies benefit from a relatively supportive equity capital market.

Indonesia has an opportunity to maintain continued growth and recovery in the second half of the year, as long as it keeps the pandemic under control to maintain a positive consumption trend.

Heavy equipment distributor United Tractors has reported a significant increase in sales in the first six months of the year, reflecting a recovery of demand from the mining sector.

On a recent visit to Indonesia, Citi Asia Pacific CEO Peter Babej met government officials and business partners in the country. During his two-day stay, the banker spoke with The Jakarta Post’s Vincent Fabian Thomas on July 21 about banking industry opportunities in Asia, even as a threat of stagflation looms over other regions of the world.

The greenback is now at a 20-year high against other world currencies, thanks in part to expectations that the Federal Reserve will increase its interest rates faster than most.

The dollar wobbled around just below multi-decade peaks on Tuesday, as traders waited on a rate hike from the US Federal Reserve and for any clues about whether hints of a slowing economy will prompt a shift away from its focus on inflation.