Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono, has emphasized that development efforts must be based on credible

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.

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.

Jakarta, Indonesia’s capital, is sinking at an alarming rate of 12 cm per year, putting the city at risk of being submerged by 2050. In response, the Indonesian government is implementing an ambitious $50 billion solution: the Garuda Sea Wall.

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,