The Tourism, Arts and Culture Minister said the target was surpassed on June 21, with a new target of 4.5 million currently set.

Russia has struggled to keep up payments on $40 billion of outstanding bonds since its invasion of Ukraine on Feb. 24, as sweeping sanctions have effectively cut the country off from the global financial system and rendered its assets untouchable to many investors.

The Hang Seng Index jumped 3.15 percent, or 684.47 points, to 22,403.53 -- its highest level since early April.

Stocks gained in Asia on Monday amid improved risk sentiment after Wall Street rebounded strongly at the end of last week as oil prices eased, tempering fears of prolonged inflation and the accompanying aggressive Federal Reserve tightening.

A day after celebrations over setting Kyiv on the road to membership of the bloc, Friday's summit in Brussels was a sober reflection on the economic impact of Russia's invasion of Ukraine.

PT Pelita Air Service, a small airline previously offering charter flights for Pertamina, is entering Indonesia’s air passenger market with big plans for the next five years.

The World Bank has noted a lack of depth in Indonesia’s financial ecosystem when compared with developing neighboring countries, as domestic financial sector assets account for only 77 percent of GDP.

The government could delay implementing the carbon tax for a second time.

Globally, coal is the main source of energy for electricity production, but it is also the top producer of greenhouse gases.

The decision, which Juul said it would appeal, clears the way for rival brands to increase their share of the market it once dominated.

Global markets have been thrown into turmoil for months by a perfect storm of crises that have left observers predicting a sharp contraction, including the Ukraine war, China's lockdown-induced economic troubles, supply chain snarls and spiking energy costs.

Celebrating Jakarta’s 495th anniversary on June 22, Tokopedia has highlighted the bestselling categories in the capital throughout the second quarter of 2022, which include Food and Beverages, Health, Household, Electronics and Automotive.

The core consumer price index, which excludes fresh food, jumped 2.1 percent year-on-year in May, according to figures released by the internal affairs ministry.

Financial services firm Moody’s Analytics has forecast a turbulent time ahead for the domestic real estate market as the Indonesian rupiah depreciates against the United States dollar.

Indonesia’s central bank will not increase its benchmark seven-day reverse repo rate (7DRRR) nor its lending or deposit facility rates, even though it anticipates full-year inflation slightly above its target range.

The monetary authority hiked its key interest rate by another 25 basis points to 2.5 percent, effective Friday. 

Indonesia’s Transportation Ministry is pushing for progress on infrastructure work carried out in cooperation with Japan.

The measure would be the latest escalation in a clash between Europe and Moscow that has exposed the bloc's dependence on Russian gas supplies and the difficulty of finding alternatives for several years.

The safe-have yen bounced, climbing back from 24-year lows to the dollar. The risk-sensitive Australian dollar dropped, and the Korean won slid to its weakest level for 13 years.

A timeline shared with the public shows that next month is packed with events aimed at finalizing the trade agreement.

Asian shares wobbled while commodity prices fell on Thursday as mounting worries about the risks of a global recession amid aggressive rate hikes by the Federal Reserve kept broad investor sentiment fragile.

Amid rising inflation and global interest rates, the World Bank released a downside growth scenario where Indonesia’s GDP growth would fall short of the government’s target in both 2022 and 2023.

The euro and sterling fell on Wednesday as concerns resurfaced that interest rate hikes from major central banks to contain inflation run the risk of a sharp global growth slowdown or recession. British consumer price inflation hit a new 40-year high at 9.1 percent.

The government plans to raise the royalty on tin in a bid to gain more revenue amid surging commodity price, the Energy and Mineral Resources Ministry said on Tuesday.

For members of the International Air Transport Association, gathered in Doha for their annual meeting this week, minds are focused on how far such increases risk undermining passenger growth targets.

Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high inflation. 

Several countries have asked Indonesia for rice, hoping the world's third-largest producer of the grain can help them overcome shortages at home, but experts and farmers see little chance of Indonesia becoming a major exporter in the foreseeable future.