Newsflash

Indonesia's exports of thermal coal have dropped to their lowest in three years so far in 2025, dented by weak demand in China and India - the world's two largest coal consumers.

Asia-Pacific markets were mostly lower Monday after President Donald Trump told U.S. steelworkers that he will double tariffs on steel imports to 50%, effective from Wednesday.

The Toyota Motor Corp. logo is seen, May 11, 2022, at a dealer in Tokyo.Jakarta. Conglomerate Astra International (ASII) and Toyota Motor Asia are expanding their partnership into Indonesia’s used-car market, betting $120 million on digital mobility platform Astra Digital Mobil (ADMO).

Indonesian authorities plan to inspect grocery store shelves to check compliance with a law requiring halal labels on food items from Friday, officials said, although some importers and restaurants face hurdles in complying.

Indonesia is making it cheaper to travel this school holiday season. From June to July 2025, the government is offering major discounts on public transportation, including 30 percent off train fares, 6 percent off VAT for domestic economy flights, and 50 percent off ferry tickets.

INDONESIA, South-east Asia’s largest economy, presents a paradox in its financial sector. Despite rapid economic growth and digital transformation, its credit system remains underdeveloped, leading to higher non-performing loan (NPL) risks and increased provision costs for banks.