The oil and gas deficit is likely to grow larger, with projections indicating a sharp rise in consumption in the coming decades to 2050.

The 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.

The rupee 80.0600 against the greenback soon after trading started, Bloomberg data showed.

MSCI'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. 

Most 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.

"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. 

As 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.

IMF 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.   

Yellen, 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.

Indonesia is estimated to require a total of US$4.3 billion to retire 9.2 GW of coal plants by 2030.

The 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. 

The main drivers were rising fuel, food and housing costs, said Stats NZ, putting inflation at a level last seen in 1990.

It 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. 

Georgieva, 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.

The 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.

With 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.

The 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.

The 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.

Indonesian 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:

Finance 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.

In 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.

Food stall owners in Greater Jakarta have had to increase their prices to keep up with steep rises in wheat, soybean, chili and onion prices.

McDonald's quit Russia after a Western backlash against Moscow's military campaign in Ukraine, which included a barrage of economic sanctions, and sold all the restaurants it owned to a local licensee in May.

In her opening remarks to the meeting, Sri Mulyani said Indonesia would be an honest broker and find creative solutions to overcome the "triple threat" of surging commodity prices, global inflation and war.

The two-day meeting Bali started under the shadow of a war that has roiled markets, spiked food prices and stoked breakneck inflation, a week after Moscow's top diplomat walked out of talks with the forum's foreign ministers.

Below-par earnings from Wall Street titans JP Morgan and Morgan Stanley compounded worries that companies' bottom lines would be hit by the economic fallout from a series of issues including rising prices, monetary policy tightening and the war in Ukraine.

In its statement, Celsius, which suspended withdrawals in mid-June, said it was seeking to restructure in a way that would maximize value for all stakeholders, and said it had $167 million of cash available to meet urgent needs in the meantime.