Recent Articles
Biden’s calls on steel
Joe Biden, who seeks a second term, has asked US authorities to triple taxes (import tariffs) on Chinese steel. This might have significant impact to Indonesian iron and steel industry, which grew fast in recent years thanks to immense investment from Chinese companies.
Business
Biden’s calls on steel
Joe Biden, who seeks a second term, has asked US authorities to triple taxes (import tariffs) on Chinese steel. This might have significant impact to Indonesian iron and steel industry, which grew fast in recent years thanks to immense investment from Chinese companies.
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Retail Sales Rise the Most in 8 Months
Retail sales in Indonesia increased by 6.4 percent year-on-year in February 2024, sharply picking up from a 1.1 percent growth in the previous month. It marked the ninth straight month of expansion in retail trade and the...
Rupiah at 4-Year Low
The Indonesian rupiah touched a four-year low of 16300 per USD in April, following a trend of weakening Asian currencies due to expectations of the Federal Reserve keeping interest rates high and uncertainty in the Middle East...
Powell Says Rates to Stay Higher for Longer
Recent inflation data indicate the central bank may need more time to feel comfortable lowering interest rates, Fed Chair Powell said during a panel discussion at the Wilson Center in Washington alongside Bank of Canada Governor...
Profiles
Mayapada Group so far (2)
The new capital city (IKN) Nusantara in East Kalimantan will have three hospitals—-Abdi Waluyo, Mayapada, and one more. Mayapada Hospital, controlled by Dato Tahir’s Family, reportedly investing Rp500 billion in the capital city.