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Economy

Minister Airlangga: ICA-CEPA substantially concluded

Coordinating Minister for Economic Affairs Airlangga Hartarto accompanied President Prabowo Subianto, during a bilateral meeting with Canadian Prime Minister Justin Trudeau on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in Lima, Peru, on Friday (15/11).

5 hours ago
Economy

Strong US data feeds doubts about Fed December rate cut

Strong US economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.

10 hours ago
Regulations premium

OJK launches bullion bank regulation as global gold demand soars

Analysts say bullion banks can help Indonesia safeguard its foreign exchange reserves amid geopolitical uncertainty, enhance the stability of its currency and reduce reliance on the US dollar.

17 hours ago

The Latest

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Markets

IDX Composite down 0.74%, falls below 7,200 threshold

The IDX Composite index fell by 0.74 percent to 7,161.25 on Friday, weighed down by global Fed rate concerns and domestic value added tax (VAT) hike fears.

1 day ago
Tech premium

Nvidia CEO eyes working with Indonesian firms to develop AI

The US-based Nvidia Corporation has become a powerhouse in AI development by leveraging its advanced graphics processing unit (GPU) technology, initially developed for gaming, as a foundation for data-intensive AI processing.

1 day ago
Markets

Ticket price drop expected before year-end holidays: Deputy Minister

The government has held discussions with airlines on cost structure, but Deputy Transportation Minister Suntana cannot provide the exact fare reduction amount, saying it was still being calculated.

1 day ago
Economy premium

RI can achieve 100% renewable energy within ‘years’, Prabowo tells APEC summit

President Prabowo Subianto has highlighted Indonesia’s abundant natural resources as a foundation for national energy security, suggesting that the country could meet its entire energy needs without relying on fossil fuels.

1 day ago
Economy premium

Govt to pursue taxes from ‘shadow economy’, Sri Mulyani says

The finance minister has announced a bold plan to target the shadow economy as a new source of tax revenue, particularly as the government looks to generate more funds to finance its ambitious and costly priority programs, including the free meals program.

1 day ago
tech

Asian stocks slide as China stimulus disappoints; bitcoin extends rally

Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.

5 days ago
tech

Bitcoin leaps to record high as traders lean towards Trump victory

The world's biggest cryptocurrency BTC rose 7 percent to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line on cryptocurrency regulation.

1 week ago
tech

US tech firms warn Vietnam's planned law to hamper data centers, social media

US tech companies have warned Vietnam's government that a draft law to tighten rules on data protection and limit data transfers abroad would hamper social media platforms and data center operators from growing their businesses in the country.

1 week ago
economy

Minister Airlangga: ICA-CEPA substantially concluded

Coordinating Minister for Economic Affairs Airlangga Hartarto accompanied President Prabowo Subianto, during a bilateral meeting with Canadian Prime Minister Justin Trudeau on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in Lima, Peru, on Friday (15/11).

5 hours ago
economy

Strong US data feeds doubts about Fed December rate cut

Strong US economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.

10 hours ago
economy

Japan's economy slows in Q3 on tepid capex; consumption picks up

Japan's economy expanded by an annualized 0.9 percent over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.

1 day ago
economy

Indonesia's G20 Sherpa leads negotiations during the final leg of Brazil's G20 presidency

The G20 presidency of Brazil has entered the final stage of the G20 Leaders’ Declaration negotiation process. Starting on Nov. 12, the Sherpas from G20 member countries gathered in Rio de Janeiro, Brazil, to begin a series of negotiations aimed at reaching an agreement on the G20 Leaders’ Declaration.

2 days ago
companies

Asia's airlines blame supply chain woes for disrupted operations

Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region's airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say.

2 days ago
companies

APRIL Group underlines commitment to sustainable production, forest management at COP29

Riau-based sustainable pulp and paper producer APRIL Group has reaffirmed its commitment to sustainable production and forest management at the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.

3 days ago
markets

IDX Composite down 0.74%, falls below 7,200 threshold

The IDX Composite index fell by 0.74 percent to 7,161.25 on Friday, weighed down by global Fed rate concerns and domestic value added tax (VAT) hike fears.

1 day ago
markets

Ticket price drop expected before year-end holidays: Deputy Minister

The government has held discussions with airlines on cost structure, but Deputy Transportation Minister Suntana cannot provide the exact fare reduction amount, saying it was still being calculated.

1 day ago
markets

IDX Composite dips 1.29% amid broad sectoral declines

The IDX Composite index dropped 1.29 percent to 7,214.56 on Thursday, with the tech sector as the only gainer.

2 days ago
markets

Asian markets extend losses as Trump fears build

Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation.

3 days ago
markets

Dollar soars with bitcoin as Trump trade ramps up; euro, yuan battered

The US dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.

4 days ago

Today's ePost

Sat, November 16, 2024

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