Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the London Metal Exchange (LME). There is no mystery to this dramatic tale of boom and bust.

Central Jakarta, Indonesia - Fire destroyed hundreds of House at Kemayoran, Central Jakarta, Jakarta, Indonesia. The fire caused thousands of residents to evacuate to near by area. No casualties from the fire.

Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028,

France had previously requested the transfer of Serge Atlaoui, who has been jailed in Indonesia since 2005, Coordinating Law, Human Rights, Immigration and Correctional Services Yusril Ihza Mahendra told reporters.

The government spends a budget of Rp4.7 trillion for the free screening or health check program slated to start in February 2025.

Defense Minister Sjafrie Sjamsoeddin met with his Chinese counterpart Dong Jun to discuss bilateral military cooperation in Beijing on Wednesday. “We want to bolster our existing cooperation. One that does not only focus on defense ministry transfer but also strengthens direct interactions between our military personnel via soldier-to-soldier contact program,

The Indonesian Coast Guard (Bakamla) and the Japanese Coast Guard conducted a joint exercise to strengthen their defenses against pirate attacks. The

Jakarta’s negotiations to acquire the BrahMos supersonic cruise missile from India have gained momentum ahead of president Prabowo Subianto’s visit as the Republic Day chief guest

Amid global pressures, Indonesia’s economic growth in 2024 and 2025 is projected to remain stable at around 5.0 percent to 5.1 percent. One of the main challenges lies in uneven domestic consumption patterns.

Governor Perry Warjiyo, economic growth will rise in two years and will continue to rise higher into the next years.

Oil and gas exporters in Indonesia will be exempted from the new rule mandating that all proceeds from natural resource exports be kept onshore for a year, according to a Reuters report. The exemption comes after companies raised concerns about the Indonesian rule’s potential impact on their cash flows and urged adjustments.