Indonesia says US trade deal reached
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JAKARTA] Indonesia’s central bank cut its benchmark interest rate for the third time this year, shortly after the country finalised a trade deal with the US that sets a 19 per cent tariff on goods from South-east Asia’s largest economy.
The Indonesian Investment Ministry announced that it has received significant interest from investors in the coal downstream sector.
Jakarta. President Prabowo Subianto announced Wednesday that Indonesia’s latest trade agreement with the US marked a new era of mutual benefit as Washington slashed its looming tariffs on Jakarta to 19 percent.
File - A new orchid species from East Kalimantan, Trichoglottis najibii, was exhibited at the Floriculture Indonesia International (FLOII) Expo 2025 in Tangerang, Banten, on December 8, 2024. (ANTARA/HO-FLOII Expo)
JAKARTA] Indonesia, the world’s biggest coal exporter, may impose an export levy on the fossil fuel in a bid to boost state revenues, according to local media reports that cited a government minister.
Indonesia has made a historic decision to move its national capital from Jakarta to Nusantara, located in East Kalimantan on the island of Borneo. This monumental shift, aimed to address the various challenges Jakarta faces,
Starlink has paused new customer sign-ups in Indonesia due to sold-out capacity, with no clear timeline for service availability.
JAKARTA] Indonesia is banking on 75 newly offered oil and gas blocks to stem its declining domestic output, but analysts warn that the boost may be short-lived unless deeper investment and structural reforms follow.