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Reclamation activities take place in June 2015 in the Jakarta Bay related to the Giant Sea Wall project.
Reclamation activities take place in June 2015 in the Jakarta Bay related to the Giant Sea Wall project.`
Economy premium

Govt struggles to make $80b sea wall project financially viable

The government says it is in talks with potential investors to ensure that the project is "market-ready."  

5 hours ago
Companies premium

TotalEnergies reenters Indonesia with 24.5% stake in Bobara Block

TotalEnergies is among the first global oil and gas companies to return to Indonesia amid growing investments in the sector, after securing a 24.5 percent stake in the Bobara Block off West Papua from Petronas.

11 hours ago
Companies

Amazon to invest $54b in UK over 3 years: Govt

Online retail giant Amazon will invest 40 billion pounds (US$54 billion) in the United Kingdom over the next three years, the government said Tuesday, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy.

13 hours ago

The Latest

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Regulations premium

Govt to renovate 2 million houses by end of 2025

With Rp 21.8 million in repair subsidies earmarked for each house, the country must pour Rp 43.6 trillion from the state budget to turn the plan into reality.

14 hours ago
Markets

Shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

18 hours ago
Regulations premium

Mixed signals on tiny homes could undermine housing program

The housing ministry's internal tug-of-war over the "mini" homes plan could cause confusion among investors and eventually derail the President's flagship program, experts warn.

1 day ago
Tech premium

Crypto bourse holding firm Indokripto prepares for IPO

The company plans to allocate approximately 85 percent of the IPO proceeds toward operational expenditures of its subsidiary Crypto Futures Exchange (CFX). The remaining 15 percent will be channeled to its depository subsidiary PT Kustodian Koin Indonesia (ICC) for similar purposes.  

1 day ago
Regulations premium

Government prepares regulations on uranium, thorium processing

Indonesia is moving apace with its nuclear ambitions, drafting a new regulation on the domestic processing of uranium and thorium for nuclear energy.

1 day ago
tech

As gold prices surge, West Africa mine operators launch drones to detect wildcat miners

A high-tech cat-and-mouse game is playing out with increasing frequency as record gold prices, now sitting above US$3,300 per ounce, draw more unofficial activity – intensifying sometimes deadly confrontations between corporate concessions and artisanal miners in West Africa

1 day ago
tech

AI's arrival at work reshaping employers' hunt for talent

Predictions of imminent AI-driven mass unemployment are likely overblown, but employers will seek workers with different skills as the technology matures, a top executive at global recruiter ManpowerGroup told AFP at Paris's Vivatech trade fair.

1 week ago
tech

Pluang expands to the Philippines, offers access to fractional US stocks

Indonesian investment platform Pluang became the first to expand to the Philippines and to offer access to United States regulated fractional stocks.

1 week ago
companies

Amazon to invest $54b in UK over 3 years: Govt

Online retail giant Amazon will invest 40 billion pounds (US$54 billion) in the United Kingdom over the next three years, the government said Tuesday, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy.

13 hours ago
companies

Airlines weigh Middle East cancellations after US strikes in Iran

Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the US attacked key Iranian nuclear sites and Tehran vowed to defend itself.

1 day ago
companies

US may target Samsung, Hynix, TSMC operations in China, sources say

The US Department of Commerce is considering revoking authorizations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter.

3 days ago
companies

Tesla to build first grid-scale power plant in China

The contract comes at a moment of tension between Washington and Beijing, with the two sides yet to hash out a long-term trade agreement following tariffs announced by President Donald Trump.

3 days ago
markets

Shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

18 hours ago
markets

Shares slip, oil rises as investors weigh Iran risks

Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.

1 day ago
markets

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

A US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

2 days ago
markets

Oil drops, stocks climb as Trump delays Iran move

Oil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.

4 days ago
markets

Bank of Japan holds rates, says to slow bond purchase taper

The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.

1 week ago
markets

Oil prices jump after Trump's warning, stocks extend gains

Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.

1 week ago

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