Finance Minister Purbaya Explains Why He Rejects Burden Sharing Scheme with Bank Indonesia

TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa will strive as much as possible to avoid using the burden-sharing scheme with Bank Indonesia (BI). The Ministry of Finance and the central bank had previously agreed on burden sharing to...

Indonesia Moves 426 Tons of Cesium-137 Waste to Temporary Storage Site

TEMPO.CO, Jakarta - Indonesia's Task Force for Handling Radiation Vulnerability from Radionuclide Cesium-137 announced that it will manage and store a total of 426.8 tons of Cs-137–contaminated material found in the Cikande Industrial Area,...

Indonesian Gov't Urged to Rebuild Trust After Radioactive Shrimp Detection in U.S.

TEMPO.CO, Jakarta - Member of the Indonesian House of Representatives Commission IV, Rokhmin Dahuri, criticized the government for being slow to respond to the discovery of radioactive contamination in frozen shrimp products exported from...

Indonesian Govt Confirms No Second Phase of BSU Wage Subsidy Distribution

TEMPO.CO, Jakarta - Indonesian Minister of Manpower, Yassierli, confirmed that there is no disbursement of the Wage Subsidy Assistance (BSU) phase II. The government will only distribute the BSU in June and July of 2025. "There has been no BSU...

Vietnam Seeks Singapore's Partnership in Building Global Financial Hub

Prime Minister Pham Minh Chinh has urged Singapore to assist Vietnam's strategic sectors, such as innovation, the digital economy, semiconductors, and renewable energy, and to participate in the establishment of the nation's international...

Indonesia calls on Indo-Pacific countries to drive economic growth

Jakarta (ANTARA) - Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized the importance of collaboration among Indo-Pacific nations to drive global economic growth. Speaking at the ASEAN Indo-Pacific Forum (AIPF) 2025 in Kuala...

Indonesia seeks 0 percent US tariff on palm oil, mirroring Malaysia

Jakarta (ANTARA) - Indonesia is pushing for negotiations with the United States to reduce palm oil tariffs to 0 percent, as agreed between the United States and Malaysia. "This (palm oil tariff negotiations) is still ongoing. Hopefully, in the...

Indonesia aims to register dangdut as UNESCO cultural heritage

Jakarta (ANTARA) - Indonesia's Culture Minister Fadli Zon has expressed his intention to register dangdut folk music as part of UNESCO’s intangible cultural heritage. "Hopefully, we can create a dangdut wave. In the future, it should not only be...

Xinhua Headlines: China-ASEAN FTA 3.0 to fuel economic growth, strengthen regional integration

* The signing of the China-ASEAN FTA 3.0 Upgrade Protocol in Kuala Lumpur on Tuesday paves the way for expanded economic and trade cooperation -- boosting regional integration and global trade. * Via such continuous development of the China-ASEAN...

Former 4Ps monitored child finds niche as thriving teacher in Indonesia

There goes a saying, “Life is like a wheel.” It means people who currently struggle will also rise and reach their best moment in life. This quote was proven true by the heartwarming life story of Romena Pagay, a former Pantawid Pamilyang Pilipino...

Indonesia aims to graduate 300,000 families from aid program by 2026

Jakarta (ANTARA) - The Indonesian government aims to graduate 300,000 beneficiary families from the Family Hope Program (PKH) by 2026 so they can become independent and no longer rely on social assistance, Social Affairs Minister Saifullah Yusuf...

Xi Jinping roots for open, inclusive Asia-Pacific economic cooperation

This photo taken on Sept. 24, 2025 shows posters of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Gyeongju, South Korea, Sept. 24, 2025. South Korea will hold the annual event in Gyeongju from Oct. 31 to Nov. 1. (Photo...

World Bank Warns of Shrinking Export Share in Pakistan’s GDP, Highlights $60bn Untapped Potential

ISLAMABAD: The World Bank has cautioned that Pakistan’s exports as a share of GDP are steadily declining, leaving the country’s economy heavily reliant on debt and remittance-fueled consumption. The Bank estimates that Pakistan’s untapped export...

Whoosh, Indonesia’s high-speed rail project, under probe by anti-graft agency

JAKARTA: Indonesia’s Corruption Eradication Commission (KPK) is probing the country’s Whoosh high-speed rail (HSR) project. The 142km line from Jakarta to Bandung, Southeast Asia’s first HSR, began operating commercially in 2023 and ferries 20,000...

ExclusiveHSBC is 'halfway through' revamp of its global business, says group CEO

HSBC is halfway through exits and revamping its global business and is betting on expanding its wealth management offering in the Middle East and Asia to boost growth, its group chief executive said on Tuesday. Europe’s biggest lender by assets...

G-Dragon to perform at APEC Economic Leaders' Meeting gala dinner

Published: 29 Oct. 2025, 19:28 K-pop star G-Dragon speaks during the red carpet event held ahead of the Korea Popular Culture and Arts Awards at the National Theater's Haeoreum Grand Theater in Jung District, central Seoul on Oct. 23. [YONHAP]...

18-Year-Old Founders' AI Startup Videotto Raises Seed Funding from East Ventures

TEMPO.CO, Singapore - Videotto, a Singapore-based AI-native video editing startup founded by two 18-year-old innovators, has secured seed funding from East Ventures, a leading venture capital firm in Southeast Asia, according to a press release...

Indonesia shifts focus from aid to empowerment in 2026 social budget

Jakarta (ANTARA) - Indonesia is shifting its social protection strategy from direct aid to empowerment programs, Coordinating Minister for Community Empowerment Abdul Muhaimin Iskandar said on Wednesday. President Prabowo Subianto has directed the...

Australia Invests Rp13 Billion to Help Reduce Indonesia's Plastic Waste

TEMPO.CO, Jakarta - The Australian government, through the Indo-Pacific Plastics Innovation Network (IPPIN) program, has allocated approximately Rp13 billion for innovative plastic waste reduction in Indonesia. IPPIN, supported by the Australian...

Indonesia aims for productivity-driven employment growth in 2026

Jakarta (ANTARA) - Indonesia's Manpower Minister Yassierli said the ministry will focus next year on boosting the productivity of the national workforce. "We are determined to ensure that Indonesia's workforce is not only large in number but also...