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View all search resultsTourists will be charged a conservation fee of Rp 3.75 million to visit Labuan Bajo’s tourist hotspots in an effort expected to limit the number of visitors to some 200,000 a year.
3 years agoThe rupee fell 2 percent on Monday, and 3 percent on Tuesday, despite last week's staff level agreement reached with the International Monetary Fund (IMF) that would pave the way for a disbursement of $1.17 billion under resumed payments of a bailout package. ...
3 years agoDidi, once known as China's answer to Uber, has been one of the highest-profile targets of the widespread clampdown on the sector, which saw years of runaway growth and supersized monopolies before regulators stepped in. ...
3 years agoImports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia's European and Far Eastern ports, totalled 7.29 million tonnes, up nearly 10 percent from a year ago, according to data from the Chinese General Administration of Customs.
3 years agoAir Asia says many more features are in the pipeline for its superapp, as the airline operator turns itself into a travel business.
3 years agoAsian shares extended a global rally on Wednesday as strong US corporate earnings and the expected resumption of Russian gas supply to Europe helped lift sentiment and ease fears of a recession, while the dollar was mired near two-week lows.
3 years agoThe euro rallied on Tuesday after a Reuters story that European Central Bank policymakers will discuss whether to raise interest rates by 25 or 50 points at their meeting on Thursday to tame record-high inflation.
3 years ago"We confirm that we have received a letter from Gazprom Export claiming force majeure retroactively for past and current gas supply shortfalls," said Uniper, one of Germany's biggest importers of Russian gas.
3 years agoThe oil and gas deficit is likely to grow larger, with projections indicating a sharp rise in consumption in the coming decades to 2050.
3 years agoThe domestic poverty rate has dropped to 9.54 percent of the population, or 26.16 million people, Statistics Indonesia (BPS) has reported, but income inequality remains high.
3 years agoThe rupee 80.0600 against the greenback soon after trading started, Bloomberg data showed.
3 years agoMSCI's broadest index of Asia-Pacific shares outside Japan, fell 0.46%, walking back some of the previous day's 1.8% gain, and heading back towards last week's two-year low.
3 years agoMost stocks fell Tuesday after a Wall Street sell-off fueled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook.
3 years ago"The 9th #EUChina High-Level Economic & Trade Dialogue takes place tomorrow 19/07," Executive Vice President of the EU Commission, Valdis Dombrovskis, said on his Twitter account on Monday.
3 years agoAs an Indonesian technology company with the leading marketplace platform, Tokopedia understands the importance of sharing its experience and know-how to help the nation — especially budding tech talents — grow through the power of technology.
3 years agoIMF projects ‘healthy’ growth, as country fares better than others in withstanding the shocks of the pandemic and Russia’s war in Ukraine. But there are risks of falling into debt crisis.
3 years agoYellen, who arrived in Seoul late on Monday, told Reuters she was pushing for increased trade ties with South Korea and other trusted allies to improve the resilience of supply chains and avert any possible manipulation by geopolitical rivals.
3 years agoIndonesia is estimated to require a total of US$4.3 billion to retire 9.2 GW of coal plants by 2030.
3 years agoThe ECB has for months been preparing the end of the era of cheap money that supported the economy through a series of crises in recent years.
3 years agoThe main drivers were rising fuel, food and housing costs, said Stats NZ, putting inflation at a level last seen in 1990.
3 years agoIt is shaping up to be a fraught week for Europe as it waits anxiously to see if Russia resumes the flow of gas through the Nord Stream 1 pipeline on July 21, while Italy teeters on the brink of political turmoil should Prime Minister Mario Draghi go ahead and resign.
3 years agoGeorgieva, speaking at a G20 finance officials meeting in Bali, said Russia's intensifying war in Ukraine had increased pressure on commodity and energy prices, and global financial conditions were tightening more than expected.
3 years agoThe third G20 meeting of finance chiefs, while it did not produce a communiqué, has made some headway in agreeing to tackle the growing food and energy crises.
3 years agoWith questions growing about the effectiveness of the G20 in tackling the world's major problems, US Treasury Secretary Janet Yellen said the differences had prevented the finance ministers and central bankers from issuing a formal communique but that the group had "strong consensus" on the need to address a worsening food security crisis.
3 years agoThe decision by the world's biggest palm oil exporter could further depress prices, which have fallen by about 50 percent since late April to their lowest in over a year.
3 years agoThe decision by the world's biggest palm oil exporter could further depress prices FCPOc3, which have fallen by about 50 percent since late April to their lowest in over a year.
3 years agoIndonesian technology company with the leading marketplace platform in the country, Tokopedia, has nabbed three wins at the MIX Indonesia PR of the Year awards in three categories:
3 years agoFinance Minister Sri Mulyani Indrawati reminded member countries that expectations for the meetings were high and that a failure to reach their objectives would result in dire consequences, especially for low-income countries.
3 years agoIn order to better withstand the drastic fall in Russian gas supplies, which could be cut off altogether, the commission is expected to urge governments across the 27-nation bloc to set limits on the amount of energy used by public buildings, offices, commercial properties and outdoor terraces.
3 years agoFood stall owners in Greater Jakarta have had to increase their prices to keep up with steep rises in wheat, soybean, chili and onion prices.
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