Thursday, May 9, 2024

Latest News


OJK Revokes TaniFund's License Over Non-Compliance Issues

OJK officially revoked the peer-to-peer lending company Tani Fund Madani Indonesia (TaniFund) business license on May 3rd.

Business

Astrazeneca Pulls Its Covid Vaccine from European Market

The approval for AstraZeneca's Vaxzevria had been withdrawn “at the request of the marketing authorization holder.”

News

Borobudur Prepares for Vesak Celebration and Thousands of Buddhist Pilgrims

Vesak, also known as Buddha Day or Waisak in Indonesia, is the most significant celebration for Buddhists across Asia.

Lifestyle

BI Governor Confident Rupiah Will Strengthen Below 16,000 Against US Dollar

Decisive measures taken by the country’s monetary authorities have proven effective in easing the weakening of the rupiah.

Business

Customs Office Thwarts Smuggling Attempt of Ecstasy Pills Disguised as Auto Parts

The pills were imported from Belgium and the Netherlands in two separate incidents using postal services.

News

Special Updates


New Capital Nusantara Catches Austria’s Attention: Envoy

Austrian companies have shown huge interest of investing in Indonesia's new capital Nusantara, according to diplomat Thomas Loidl.

Business

Ex-Minister Misuses Gov't Funds for Sacrificial Cows and Pricey Painting

Former Agriculture Minister used government funds for qurban and Rp 200 million painting, witnesses claim.

News

Toyota Racks Up Booming Profit, Vows to Invest to Keep Growth Going

The results exceeded Toyota’s own projection for a 4.5 trillion yen profit, as its global sales surged to 9.4 million vehicles.

Business

Indonesia vs. Guinea: A Test of Physicality in Paris Olympic Playoff

The winner secures a spot in the 2024 Olympics in Paris.

News

Teachers and Students Struggle with Online Loan Debt Due to Poor Financial Literacy

Teachers and students are among the most affected groups when it comes to defaulting on online loans

Business

Business


Chandra Asri Group, Glencore to Acquire Shell’s Energy and Chemicals Assets in Singapore 

Chandra Asri Group and Glencore have entered into a sales and purchase agreement with Shell Singapore.

Special Updates

Mirae Economist Warns of Declining Purchasing Power Despite Indonesia's Economic Growth

According to Rully Arya Wisnubroto, household consumption growth stayed below 5 percent year on year for two consecutive quarters

Business

Indonesia’s Foreign Exchange Reserves Drop to $136.2b in April

The central bank attributed the decline to the government’s payment of foreign debts, among others.

Business

Jokowi Wants Indonesia to Seize $14.4b Global Tilapia Fish Market

Indonesia should try to tap into the world’s tilapia market as the global demand for the fish topping $14 billion in value, Jokowi says.

Business

Mahalini Converts to Islam Ahead of Her Wedding: A Guide to the Conversion Process

Before converting to Islam, one must sincerely believe in its principles and teachings and decide to convert voluntarily.

Lifestyle
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