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View all search resultsThe Philippines’ economic growth beat expectations last year, fueled by strong consumer spending despite rising consumer prices, officials said Thursday.
2 years agoThe Tourism and Creative Economy Ministry and Indonesian travel firms are pushing for new routes from Beijing, Shanghai and Guangzhou after China's lifting of COVID-19 curbs opens the doors for more tourists from the country. ...
2 years agoInvestment Minister Bahlil Lahadalia said on Tuesday that the ministry would “never” offer preferential treatment to any foreign firm if no law or regulation compelled it to do so. ...
2 years agoThe upstream oil and gas regulatory body has expanded the country's exploration and targets for this year to banking on higher firms' revenue driven by last year’s price surge for crude.
2 years agoBank Rakyat Indonesia (BRI) expects lower credit growth in the banking industry this year and a drop in net interest margins amid a possible global recession.
2 years agoAsian markets fluctuated Wednesday as traders in several countries returned from the Lunar New Year break to a soft lead out of Wall Street with recession fears still causing concern.
2 years agoIndonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstream industries attracted vastly greater funding last year.
2 years agoThe tourism industry is one of the industries hit hard by the COVID-19 pandemic since 2020. After three years, the tourism industry is showing a gradual recovery. Room occupancy rates in several areas have also shown good signs of recovery with several regions recording a pre-pandemic level.
2 years agoTokyo led gains across most Asian markets again Tuesday, in another day thinned by the Lunar New Year break, with sentiment boosted once more by a surge on Wall Street.
2 years agoCorporate consulting company PT Integrity Indonesia is dedicated to ensuring security for its clients by preventing, detecting and mitigating fraud. Integrity Indonesia recently received the ISO 27001:2013 from certification company Intertek Indonesia, an achievement that stands as a testament to its commitment in maintaining and protecting client data.
2 years agoThe dollar was on the back foot on Tuesday, hovering near a nine-month low to the euro and giving back recent gains against the yen, as traders continued to gauge the risks of a US recession and the path for Federal Reserve policy.
2 years agoUS auto giant Ford is planning to axe 3,200 jobs in Germany, a union said Monday, adding it was extremely concerned about the future of the company's sites in Europe's top economy.
2 years agoA plan to ban the export of copper concentrate starting June has sparked concern among businesses over the readiness of domestic industries to absorb the product.
2 years agoIndonesia and the World Economic Forum (WEF) have signed a partnership to scale up the nation’s ocean ecosystem restoration and conservation efforts, in a bid to tap rapidly increasing demand for blue carbon credits and projects.
2 years agoA plunge in growth last year is compelling food delivery platforms in Southeast Asia to scrutinize their costs for the sake of profitability.
2 years agoAsian markets were mixed in holiday-thinned trade Monday, while the dollar dropped as investors lowered their expectations for US interest rate hikes.
2 years agoThe dollar was staring at a fourth straight session of losses against the euro on Monday as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal Reserve.
2 years agoIndonesia’s private sector has set out to make Southeast Asia the center of gravity in a world struggling for economic and political direction.
2 years agoJust as the COVID-19 pandemic began to wane, an outbreak of foot-and-mouth disease hit dairy supply chains in Indonesia, but that has not stopped Nestlé Indonesia from expanding in the country.
2 years agoVox Media, owner of the Vox and The Verge websites as well as the landmark New York Magazine and its online platforms, announced Friday it was letting go seven percent of its staff.
2 years agoThe release of ChatGPT, NVIDIA Canvas and DALL-E suggests that artificial intelligence (AI) will one day disrupt even creative industries, yet workers in the segment believe some space will always be reserved for humans, no matter how sophisticated software becomes.
2 years agoAlphabet's shares rose almost 4 percent in pre-market trading.
2 years agoInflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
2 years agoThe Nusantara Capital City (IKN) Authority was caught off-guard by huge investment interest in the project as multiple sectors swarmed for inquiries.
2 years agoNetflix lost customers in the first half of 2022. It returned to growth in the second half.
2 years agoAsian markets mostly ticked higher Friday after a rocky week that saw recession fears return to the fore, offsetting growing hope that China's emergence from zero-COVID will help boost the struggling global economy.
2 years agoThe Competition Commission of India (CCI) ruled in October that Google, which is owned by Alphabet Inc, exploited its dominant position in Android and told it to remove restrictions imposed on device makers, including related to pre-installation of apps. It also fined Google $161 million.
2 years agoA 25-basis-point increase of its benchmark interest rates in January is adequate to contain inflation, Bank Indonesia has suggested, which economists take to mean the central bank is done with monetary tightening.
2 years agoBank Neo Commerce is targeting its first profit this year through an expansion of its business and the launch of several new products, including wealth management and loan services.
2 years agoBureaucratic hurdles, in particular the lack of regional regulations, still remained the greatest obstacle to investment projects despite the sweeping reforms made through the Job Creation Law, the government told regional leaders at Tuesday’s Rakornas.
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