Other cooperation includes the sectors of renewable energy and sustainable industrial zones.

To compete with its neighbors, Indonesia must reframe regional tourism as a strategic priority rather than a side focus. This requires targeted action across three main areas: Destination development, air connectivity and service quality.

The instruments would allow the World Bank and its partners to mobilize an additional $345 million of private investment to finance solar and wind projects.

The government currently sees no need to send another delegation to the United States for the negotiations on tariffs as it believes it has made its case for open bilateral trade and says the ball is now in the US’ court.

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.

Indonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.

Talks between Indonesia and the United States remain in limbo just days ahead of a deadline both parties set for reaching a trade deal to avert punishing US import tariffs that would effectively shut off the world’s largest consumer market for many Indonesian products.

Energy and Mineral Resources Minister Bahlil Lahadalia has dismissed allegations linking former president Joko “Jokowi” Widodo to nickel mining activities in Raja Ampat.

Finance minister Rachel Reeves is set to address parliament around midday, outlining her spending review in the hopes of boosting the country's sluggish growth, which risks added pressure from US President Donald Trump's tariffs onslaught.

The redefinition is being worked on by the National Economic Council alongside Statistics Indonesia (BPS), the National Development Planning Agency (Bappenas) and the Statistics Society Forum. Indonesia last revised its poverty line in 1998.

Indonesia’s cement industry faced declining sales in the first quarter of this year amid a slowdown in government infrastructure development.

China's export growth slowed to a three-month low in May as US tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.

Three of US President Donald Trump top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving a trade dispute between the world's two largest economies that has kept global markets on edge.

Indonesia has seen an increasing outflow of skilled young adults seeking work abroad in a brain drain phenomenon experts attribute to concern around job opportunities within the country.  

Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday.

Sharia financing will still grow but at a slower pace. Instead of the initial between 11 and 13 percent target, the central bank has adjusted it downward to between 8 and 11 percent.

The OECD pointed to sluggish business and consumer confidence, dampened by uncertainty over fiscal policy and persistently high borrowing costs.

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rates on other goods from taking effect in early July.

The Finance Ministry says the issuance will depend on which market offers more favorable conditions in terms of pricing and costs.

In last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies.

Indonesia has recorded its lowest trade surplus since it began a rally five years ago as industries restock goods in anticipation of rising risks from United States import duties.

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

State-owned electricity company PLN has stated it might opt to delay the implementation of some projects stipulated in its new long-term electricity business plan (RUPTL) in the case of an electricity oversupply.

According to the latest S&P Global report, Indonesia’s manufacturing purchasing managers’ index (PMI) remained in contraction territory at 47.4 in May, albeit slightly improved from 46.7 in the previous month.

"It's a big deal. It is a real problem," Dimon told Maria Bartiromo on FOX Business Network's "Mornings with Maria" show, according to an excerpt of the interview that will air in full Monday.

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.

The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

Turning to cheaper products is one way for shoppers to deal with reduced spending power, but economists warn that a downtrading trend could further undermine economic growth.