Businesses in Indonesia worry about impact of new mandatory pension program
The proposed regulation mandates that all companies, regardless of size, contribute a set percentage of employees' salaries to a government-managed pension fund.
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PTDI signs aircraft deal with DRC, expanding African market presence
N219 with its short take-off and landing capabilities is well-suited for regions with limited infrastructure, including underdeveloped airstrips in remote areas.
Indonesia leads Southeast Asia with first successful telerobotic surgery
The procedure, performed remotely via the cutting-edge EDGE Medical Robotic System, represents a leap forward in minimally invasive surgical techniques.
Jokowi calls for unity among Global South nations in address to African leaders
Jokowi in his address highlighted the shared struggles of countries in the Global South, including economic inequality, climate change, and the lingering impacts of the COVID-19 pandemic.
Indonesia’s inflation falls to 3.2% in August, marking fourth consecutive monthly decline
This consistent decline is credited to a combination of stabilized food prices, a strengthening rupiah, and effective monetary policies by Bank Indonesia.
IDX composite gains 0.57%, ends week on positive note
The banking sector, a key pillar of Indonesia’s economy, saw notable gains, driven by strong earnings reports and expectations of continued growth in credit demand.
Prabowo aims for 50% palm-based biodiesel blending by 2025 to boost Indonesia’s energy independence
Prabowo’s plan to elevate this to 50% is expected to significantly reduce fuel imports by up to $20 billion annually. The increase in biodiesel blending will also raise domestic palm oil consumption from 11 million metric tons under B35 to an estimated 18 million metric tons for B50.
Garuda Super Shield 2024 focuses on cyber threats in expanded joint exercise
Garuda Super Shield began as a bilateral exercise between the U.S. and Indonesia in 2007 but has since evolved into a comprehensive, multinational event.
IDX composite hits record high amid positive market sentiment
The index gained 61.90 points during the session, breaking through previous records and surpassing the 7,600 thresholds for the first time in history.
IDX composite rises 0.74%, ends week in green
The surge was primarily driven by strong performances in the financial sector, which climbed 1.24%, and the infrastructure and agriculture sectors, both of which also saw notable increases.
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