Indonesia recognising expansion potential
By Thanh Thu
July 29, 2022 | 09:00
Vietnam and Indonesia are working together to increase their business ties amid their pursuit of a strategy for accelerating economic recovery, with both sides expected to venture into new opportunities.
Biden presses Congress to pass $52 bln semiconductor subsidies
July 26, 2022 | 11:34
President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing for the vital component.
Bangkok braces for sixth wave of COVID-19 outbreaks
July 26, 2022 | 09:36
Bangkok Metropolitan Administration (BMA) says it is ready to cope with another wave of COVID-19 pandemic as the city could face tens of thousands of patients by the time it peaks in late August.
Indonesia, RoK to enhance cooperation in different fields
July 26, 2022 | 09:12
President of the Republic of Korea (RoK) Yoon Suk-yeol will hold a summit with his Indonesian counterpart Joko Widodo in Seoul this week and discuss cooperation in defence, infrastructure and other areas, Korean National Security Adviser Kim Sung-han said on July 25.
Indonesia eyes foreign loans to support electricity projects
July 25, 2022 | 16:44
Indonesia’s State Electricity Company PLN has said that it will mobilise funding from foreign resources, given that it needs an investment of around 72 trillion ringgit (4.7 billion USD) per year until 2030 in order to support electricity projects.
Climate change drives Europe towards record fire year
July 22, 2022 | 14:00
The fires that have torched through Europe are on course to make 2022 a record year for forest loss on the continent, as scientists warn climate change is already contributing to ever fiercer blazes.
Putin and Saudi crown prince talk oil
July 22, 2022 | 11:37
Putin and Prince Mohammed discussed "in detail the situation on the international oil market. They stressed the importance of reinforcing cooperation in OPEC+," the Kremlin said in a statement.
Indonesia targets creating 4.4 million jobs in creative economy sector
July 21, 2022 | 17:22
Indonesian Tourism and Creative Economy Minister Sandiaga Uno has targeted the creative economy sector to absorb 4.4 million domestic workers by 2024.
Russia fines Google $360 mn over Ukraine content
July 20, 2022 | 10:40
A Moscow court has fined Google 21 billion rubles ($360 million) for failing to remove content concerning Russia's military intervention in Ukraine, the nation's telecommunications regulator said Monday.
China to fine ride-hailing giant Didi more than $1 bn: reports
July 20, 2022 | 10:31
China is preparing to hit ride-hailing giant Didi with a fine of more than $1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
Bank of America fined $225 mn for 'botching' US Covid-19 aid payments
July 18, 2022 | 10:13
Two US agencies fined Bank of America a total of $225 million on charges it wrongfully froze unemployment and other public benefit programs at the height of the Covid-19 pandemic.
Oil dispute sharpens Baghdad-Kurd tensions amid deadlock
July 18, 2022 | 09:20
Iraq's oil wealth is rekindling tensions between federal authorities and the autonomous Kurdish region, in a row that could compromise the lifeline industry and keep investors away, analysts say.
G20 finance talks to end without joint communique: officials
July 16, 2022 | 12:35
A two-day meeting of G20 finance ministers in Indonesia is expected to end Saturday without a joint communique, two officials said, after Russia's war in Ukraine overshadowed proceedings.
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