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BUSINESS – Indonesia’s automotive market experienced a remarkable resurgence in May 2025, with national car sales soaring by 184.5% compared to the same period last year....
BUSINESS – The Swiss franc, renowned for its stability and strength, has become a double-edged sword for Switzerland. While traditionally viewed as a safe haven currency...
BUSINESS – Shell Indonesia has officially announced its decision to exit the country’s fuel retail market, transferring its network of approximately 200 gas stations and a fuel...
BUSINESS – The cost of operating a single Jakarta-Bali flight has escalated to IDR 269 million (approximately USD 17,000), marking a significant 38% increase from the...
BUSINESS – After two days of intensive negotiations in Geneva, the United States and China have reached a significant agreement to reduce import tariffs, aiming to...
BUSINESS – Bank Indonesia (BI) has officially announced the withdrawal of four banknote denominations from circulation: the Rp10,000, Rp20,000, Rp50,000, and Rp100,000 notes from the 2000–2005...
BUSINESS – The US dollar’s persistent strength has raised concerns globally, with the International Monetary Fund (IMF) shedding light on the underlying causes. According to the...
BUSINESS – Indonesia has announced plans to significantly increase imports from the United States, aiming to mitigate a potential 32% tariff on its exports. Chief Economic...
BUSINESS – The Indonesian rupiah has recently outperformed several major Asian currencies, including the South Korean won and Singapore dollar, amid global economic uncertainties. This development...
BUSINESS – OpenAI, the developer behind ChatGPT, has successfully raised $40 billion in a funding round led by SoftBank Group, elevating the company’s valuation to $300...
