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View all search resultsThe government is in danger of selling more subsidized motor fuel than it intends this year, as a delay in purchase restrictions allows unfettered access to cheaper fuel brands to continue.
2 years agoThe central bank also prepared a time deposit facility to encourage exporters to store foreign exchange receipts in country. ...
2 years agoThe Rockefeller Foundation says countries of the so-called Global South, home to 85 percent of the world’s population, must claim a greater role in shaping the future of the planet. ...
2 years agoAsia's stocks rose on Thursday, with investors choosing to cheer strong US retail sales data as good news for earnings rather than worry about it being likely to support interest rate rises.
2 years agoThe US tech giant has also suggested setting up an independent body to discuss the proposed bill to avoid the direct involvement of either tech or media companies.
2 years agoGetting more manufacturing facilities to use electricity generated by the state electricity firm PLN could be the easiest way to tackle the country’s electricity supply glut, energy experts say.
2 years agoOn a monthly basis, the trade surplus is lower than the previous month, due to a downward trend in exports for the past five months.
2 years agoThe government is exploring opportunities for narrowly focused trade and investment in lithium, an important mineral for the production of electric vehicles.
2 years agoPeople have different ways to show affection to their significant others or other loved ones. However, all that fear seems to subside for one day of the year: Valentine’s Day.
2 years agoIndonesian airlines have expressed optimism that passenger figures on domestic routes are on track to get back to the pre-pandemic level in the first quarter of 2024, nearly a year faster than previously estimated.
2 years agoThe dollar found support in Asia on Wednesday after stubbornly high US inflation suggested interest rates are going to remain high for longer than investors had expected.
2 years agoMany major global firms and financial institutions that directly or indirectly contribute to deforestation do not have any policies in place to protect forests, increasing the risk for catastrophic nature loss, a report said Wednesday.
2 years agoAs part of reaching net-zero by 2060, Indonesia plans by 2025 to produce energy from renewables as much as 23 percent. This renewable energy is contributed by hydro energy (8 percent), geothermal (7.5 percent), biomass (6 percent), and other renewable energy (1.5 percent).
2 years agoGlobal shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key US inflation report and speeches by Federal Reserve members, while the yen recouped losses after Japan nominated a new central bank governor.
2 years agoMarkets are looking to the US consumer price index (CPI) data for further clues on Federal Reserve's policy outlook, with the headline number expected to rise 0.5 percent in January, according to a Reuters poll, after falling 0.1 percent in December.
2 years agoJapan's economy expanded just 0.2 percent in the last quarter of 2022, a smaller rebound than expected despite the long-awaited reopening of the country to tourists, government data showed Tuesday.
2 years agoMedia firms are pushing for a rule to give more responsibility to tech platforms to help safeguard the quality and well-being of the industry.
2 years agoA recent government decision to tighten palm oil shipments by suspending some export permits will have a negligible impact on global prices, according to an analyst.
2 years agoSeveral changes, from the establishment of OJK and LPS-like bodies to criminal sanctions would be added to the revised cooperative law.
2 years agoAsian equities fell again Monday on growing expectations that US interest rates will go much higher and for longer than previously thought.
2 years agoBank of America (BofA) notes that Indonesia has been quick to take advantage of capital markets reopening at the start of this year and envisions more investments coming into the country on the back of more positive sentiment than 2022.
2 years agoMortgage tech has the potential to tap into the Indonesian property market with demand for house ownership high in the years to come, while most of financing come from loans.
2 years agoThe Indonesian government remains committed to its long-standing free and independent foreign policy doctrine while pursuing opportunities for cooperation with United States firms on critical minerals and electric vehicles.
2 years agoPT Unilever Indonesia, a major manufacturer of fast-moving consumer goods (FMCG), saw its net profit drop 6.8 percent year on year (yoy) to Rp 5.36 trillion (US$354.6 million) in 2022 amid increased input costs.
2 years agoThe world's top two largest palm oil producers plan to send a joint mission to state their case against the EU's latest policy blocking sales of the commodity.
2 years agoBillionaire Gautam Adani has seen some US$110 billion wiped off the value of seven firms in the group he founded after US short seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation.
2 years agoThe new US agriculture trade chief on Thursday told Reuters that he has given Mexico until Feb. 14 to respond to a US request to explain the science behind Mexico's planned bans on genetically modified corn and glyphosate herbicide.
2 years agoCoca-Cola Europacific Partners (CCEP) Indonesia and Dynapack Asia, the region’s leading rigid plastic packaging and components manufacturer, inaugurated on Wednesday the Amandina Bumi Nusantara polyethylene terephthalate (PET) recycling plant in Bekasi, West Java, as a major step in the two companies’ efforts to support the sustainable use of plastics.
2 years agoIndustry players in the world's largest nickel producer are adamant about the future of the mineral in electric vehicles despite a resurgence in demand for lithium iron phosphate batteries.
2 years agoPT Mandiri Capital Indonesia (MCI), state-owned lender Bank Mandiri’s venture capital arm, announced on Wednesday that it would begin holding its Xponent business matchmaking event for start-ups on a quarterly basis.
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