The partnership, now in its second year, requires Vietnamese businesses seeking lobster larvae to conduct their farming operations in Indonesia in collaboration with local partners.

Indian Prime Minister Narendra Modi heads overseas on Thursday to meet the leaders of China, Japan and Russia, seeking to build closer diplomatic ties as New Delhi battles fallout from US President Donald Trump's escalating tariff offensive.

Several conglomerates have publicly voiced support for the privately placed bond, which is reportedly oversubscribed ahead of the launch.  

Trump has raised pressure on India over the energy transactions, a key source of revenue for Moscow's war in Ukraine, as part of a campaign to end the conflict.

The Rice and Grain Milling Entrepreneurs Association (Perpadi) welcomed the move, as rising production costs had made it difficult for mills to operate under the previous price cap.

US Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top US$500 billion a year, with a substantial jump from July to August and likely a bigger jump in September.

The exemption will take effect once both sides reach a final pact, but no timeline was set as the US was busy in tariff talks with other countries.

Danantara Indonesia plans to raise Rp 50 trillion through so-called patriot bonds to fund waste-to-energy facilities and strategic projects in what the government bills as a move to boost public-private collaboration for long-term national development.

The Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive.

Coal accounts for around half of China's power generation, down from three-quarters in 2016.

The Trade Ministry on Monday urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization backed the Southeast Asian country on several key claims in a complaint to the trade body.

Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say.

President Donald Trump said on Friday his administration will conduct a "major" tariff investigation on furniture entering the United States, a step toward imposing higher duties on a sector already seeing tariff-fueled price increases.

Experts point to waning interest from corporate sponsors, especially SOEs that have “reallocated budgets” to programs more closely tied to government priorities, as a key driver behind the wave of festival cancellations.

BMS Foods says it has suspended all production and shipments to the United States pending investigations by Bapeten, BRIN and the Maritime Affairs and Fisheries Ministry.

The manufacturing sector showed notable improvement as its headline PMI rose to 50.5 from 49.8 in July, moving into expansion territory for the first time in more than three years.

Bank Indonesia (BI) has flagged declining loan growth in the country’s banking industry amid stricter lending standards and weak demand, emphasizing the need to boost credit disbursement to push national economic growth.  

Analysts urge the government to diversify supply sources and strengthen energy security to avoid overdependence on costly routes.

Though not yet enacted, experts see a threatened 40-percent tariff on transshipped goods as a serious risk given Southeast Asia’s deep connection with Chinese manufacturers.  

The multi-finance industry is entering a phase of more limited growth this year, with Bank Mandiri projecting receivables expansion will remain relatively flat at around Rp 500 trillion in the remaining months of the year.

Amid ongoing geopolitical turbulence and rising uncertainty in the global economy, the Association of Southeast Asian Nations (ASEAN) continues to demonstrate remarkable resilience and sustained growth.

The share of the state budget controlled by Jakarta is expected to climb from 72 percent in 2021 to 83 percent in 2026, leaving most programs to be designed and implemented by the central government.

BCG sees modern warehousing, cold chain and third-party logistics as hot bets in Indonesia’s booming logistics sector.

Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.

President Prabowo Subianto has increased the allocation for his flagship free meals program by nearly threefold from this year’s budget, reaching Rp 335 trillion in 2026.

Industrial output grew 5.7 percent year-on-year in July, National Bureau of Statistics (NBS) data showed on Friday, the lowest reading since November 2024, and compared with a 6.8 percent rise in June

Japan eked out modest growth in the second quarter despite painful United States tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.