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The exchange, scheduled for launch next year, is President Prabowo Subianto's latest initiative to expand state influence over natural resources in a country that is the biggest global supplier of palm oil, nickel and thermal coal and a major source of copper and bauxite.
3 weeks agoDestry was inaugurated on Sept. 2, alongside newly appointed senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, with all three appointed for five-year terms. ...
3 weeks agoThe World Meteorological Organization said El Nino would peak towards the end of this year -- though its knock-on impacts for the climate will continue well into 2027. ...
3 weeks agoCustoms' patrol vessel BC 30005 halted the MV Fuchangxing 1 on Aug. 22 based on joint intelligence analysis and interagency targeting, which had flagged the cargo ship as exhibiting high-risk operational patterns at sea.
3 weeks agoNational energy subsidy and compensation expenditures could skyrocket by Rp 300 trillion in the 2026 fiscal year unless the country accelerates its transition to new and renewable energy, the Energy and Mineral Resources Ministry has warned.
3 weeks agoThe Jakarta Post’s Ruth Dea Juwita and Aditya Hadi sat down with USABC president and CEO Brian McFeeters to discuss about geopolitical uncertainty and the fate of the US-Indonesia agreement on reciprocal trade (ART).
3 weeks agoTrump said his military was prepared to attack Iran "any time we want" after extensive US bombardment of sites across the country left at least 19 Iranians dead.
3 weeks agoOil production in the Americas has become a viable alternative since the outbreak of the war. The shift is one of the most striking changes in the global energy landscape in decades.
3 weeks agoAs the summer slips into fall, the season transitioning into cooler temperatures amid vibrant shades of red and brown foliage, places around the world are offering another attractive travel period without the busyness of summer holidays.
5 hours agoBlack-and-white laws cannot stop wartime atrocities; true restraint begins only when the principles of humanity are etched into the soldier’s conscience long before the first shot is fired.
3 weeks agoHaving discovered ballet in her forties, a writer-cum-dancer learns that mastery is less about talent than the willingness to return, and the joy that comes from learning and growing.
3 weeks agoThe Ministry of Micro, Small and Medium Enterprises (MSMEs) launched the Laksmi Program 2026 at the East Java Cultural Park in Surabaya on Sept. 23. Laksmi is designed to support women microentrepreneurs through basic entrepreneurship assistance, specifically targeting Beneficiary Families (KPM) of the Family Hope Program (PKH).
1 day agoMost areas in East Java have experienced over 60 consecutive days without rain, which is means they are in extreme drought.
3 weeks agoMost Asian stocks enjoyed a healthy recovery Thursday following a drab start to the week as bond yields and oil prices dropped after Donald Trump suggested the latest US attacks against Iran would likely be short-lived.
3 weeks agoWhen potential outcomes are systemic and irreversible, preparation must precede certainty.
3 weeks agoYoung women are arriving at clinics across the country, their chests burning and sleep eroding, their bodies quietly protesting a life of overwork, skipped meals and unrecognized stress.
3 weeks agoThe country is seeking to move from being a major commodity producer and global price taker to becoming a price maker through the planned Indonesian Commodity Exchange (Icomex). Yet a similar platform, the Indonesia Commodity & Derivatives Exchange (ICDX), has operated for nearly two decades without gaining significant influence over global markets.
3 weeks agoBy redirecting local fiscal lifelines to fund national flagship projects, the government risks deepening the income gap and fracturing national unity into a tale of two economies.
3 weeks agoCalls are mounting for lawmakers to release their latest draft bill on asset forfeiture to the public, with antigraft activists warning that closed-door deliberations could leave the proposed legislation vulnerable to abuse.
3 weeks agoBaleg chair Bob Hasan asserted the bill should be aimed at promoting public welfare by ensuring legal protection for communities who possess land but lack legal certainty to back their claims, leaving them vulnerable to land grabbing.
3 weeks agoFrom Jackson Hole to Jakarta, the Fed's Kevin Warsh and BI's Destry Damayanti face twin battles over the most fragile asset in central banking: credibility.
3 weeks agoPresident Prabowo Subianto is in Vladivostok this week for an economic forum and bilateral talks with Russian counterpart Vladimir Putin, in his fourth visit to the country since taking office less than two years ago.
3 weeks agoAnalysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.
3 weeks agoOn Wednesday morning, seven air monitoring stations across the metropolitan area of Philippine capital Manila recorded “unhealthy levels” of PM2.5 pollutant particulate, according to the country’s Environment and Natural Resources Department (DENR).
3 weeks agoAs state power and political patronage close in on Nahdlatul Ulama, the world’s largest Muslim organization faces a pivotal internal battle: preserve its independent moral voice, or become a rubber stamp for the ruling elite.
3 weeks agoHercules forged a close relationship with Prabowo when the latter served in the Indonesian Military in East Timor during the 1980s. He later founded GRIB Jaya in 2011 and appointed Prabowo to its advisory board.
3 weeks agoIndonesia’s manufacturing sector has slipped back into contraction territory as weaker output and employment offset a modest recovery in new orders, according to S&P Global.
3 weeks agoThe US and Iran found themselves back on a war footing on Wednesday after the most significant exchange of fire in weeks.
3 weeks agoOne of his biggest challenges will be balancing the company's dependence on China while parrying acute political pressure from the White House.
3 weeks agoThe 5,000 sailors and Marines on board the USS Abraham Lincoln, arriving from the war in the Middle East, are headed for the Thai resort of Pattaya, a rest-and-recreation stop for US troops since the Vietnam War.
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