And, readymade garments account for more than 82 percent of total export earnings. The European Union and the United States together take over two-thirds of those exports.
Exclusive: Indonesia will give food companies two years to meet new labelling rules
Indonesia will set a deadline of two years for food and beverage companies to meet new labelling norms for products high in salt, sugar or fat, a government official told Reuters, a move that spells ...
Indonesia urges TikTok, Meta to act against harmful online content
Indonesia has summoned representatives of Meta Platforms Inc , ByteDance's TikTok and other social media platforms, ordering them to boost content moderation as disinformation has spread online, a ...
Danantara and GEM to develop $1.4-B Indonesia nickel plant
Indonesian sovereign wealth fund Danantara has signed a $1.42 billion heads of agreement with Chinese company GEM Co. Ltd. to develop a plant producing battery-grade nickel. The high-pressure acid ...
Why Indonesia’s Danantara Introduced Patriot Bonds
Chief Investment Officer Danantara Pandu Sjahrir claims that several conglomerates have welcomed the launch of Patriot Bonds.
India may emerge as second-largest economy by 2038, says EY Report
India's economy could reach USD 20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with USD 34.2 trillion GDP, an EY report said on ...
Nvidia earnings: Wall Street watching for hyperscaler spending, China demand with stock near highs
Nvidia's earnings call is today at 5 pm ET. NVDA stock heads into the report up 35% YTD. Investors are focused on hyperscaler AI spending.
Alibaba under pressure to turn profits from its AI business in China
Alibaba and rivals Tencent and Baidu have spent billions building large language models and adding AI to their platforms since ChatGPT’s success. However, Chinese consumers avoid paid AI services, ...
7-Eleven Malaysia earnings likely to soften in 2H25
Rising costs are expected to weaken 7-Eleven Malaysia Holdings Bhd's earnings in the second half of financial year 2025 (2H25).
WHO secures USD 6.3 million to strengthen Afghanistan’s fragile health system
The World Health Organization has secured over $6.3 million in humanitarian funding to enhance Afghanistan's healthcare system, focusing on critical services for women and children. This funding will ...