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Analysis: Can Woori Financial break into Korea's top ranks?

Analysis: Can Woori Financial break into Korea's top ranks?

SEOUL, July 3 (UPI) -- South Korea's Woori Financial Group has officially acquired two South Korean life insurance companies, Tongyang and ABL, from China's Dajia Insurance Group for $1.1 billion. Subsequently, the country's fourth-largest...

2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail

A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major...

Indonesia raises concern over EU forest rule’s impact on farmers

Indonesia raises concern over EU forest rule’s impact on farmers

Jakarta (ANTARA) - Indonesia’s Ministry of Foreign Affairs has raised concerns over the European Union Deforestation Regulation (EUDR), warning that it could disproportionately impact smallholder farmers who produce key export commodities. “We...

Hyundai Motor Malaysia starts afresh with new Santa Fe, Tucson, Staria – no legacy models, incl Ioniq EVs

Hyundai Motor Malaysia starts afresh with new Santa Fe, Tucson, Staria – no legacy models, incl Ioniq EVs

Hyundai Motor Malaysia’s (HMY) entry into the market has seen it introduce three models – the fifth-gen Santa Fe SUV, facelifted fourth-gen Tucson SUV and updated Staria MPV – as part of its initial push, and while more models are expected to be...

OPINION: Indonesia's procurement of Turkish fighter jets: A turning point in Türkiye's Asia Anew Initiative

OPINION: Indonesia's procurement of Turkish fighter jets: A turning point in Türkiye's Asia Anew Initiative

This year, Türkiye and Indonesia celebrated the 75th anniversary of their diplomatic relationship. During a visit to Indonesia in February, Turkish President Recep Tayyip Erdogan met with Indonesian President Prabowo Subianto. The leaders convened...

The "Amazing Shenzhen" Campaign Invited Indonesian Influencers to explore Shenzhen's Energy and Innovation

The "Amazing Shenzhen" Campaign Invited Indonesian Influencers to explore Shenzhen's Energy and Innovation

SHENZHEN, CHINA - Media OutReach Newswire - 3 July 2025 - Coordinated by YoyWow Communication Co., Ltd., the "Amazing Shenzhen" campaign invited three Indonesian creators to experience the city's rhythm, culture, and creative energy firsthand. The...

Indonesia awaits EU reply on deforestation rule concerns

Indonesia awaits EU reply on deforestation rule concerns

Jakarta (ANTARA) - Indonesia is awaiting a formal response from the European Union (EU) regarding its concerns over the EU Deforestation Regulation (EUDR), according to an official from the Coordinating Ministry for Economic Affairs. “We have sent...

Why are Malaysia and Indonesia boosting ties with Russia?

Why are Malaysia and Indonesia boosting ties with Russia?

Indonesian President Prabowo Subianto skipped a G7 summit last month to visit Russia, where he and his counterpart, Vladimir Putin, agreed that bilateral ties are "getting stronger again." "My meeting with President Putin today was intense, warm...

Indonesia to launch free health checks in schools soon

Indonesia to launch free health checks in schools soon

Jakarta (ANTARA) - Indonesia’s Ministry of Health will begin implementing its Free Health Screening program in tuition-free Sekolah Rakyat schools on July 7, with plans to expand to public schools starting August 1. Health Minister Budi Gunadi...

Business : Scoot To Fly Twice Weekly To Kota Bharu From Oct 26

Business : Scoot To Fly Twice Weekly To Kota Bharu From Oct 26

SINGAPORE, July 3 (Bernama) -- Singapore Airlines’ low-cost carrier, Scoot, will operate twice-weekly flights to Kota Bharu, Kelantan, from Oct 26 using the Embraer E190-E2 aircraft, with one-way economy class fares starting from S$78...

Indonesian rescuers search for 29 missing people after ferry sinks near Bali

Indonesian rescuers search for 29 missing people after ferry sinks near Bali

Open this photo in gallery:Indonesia rescue team members sail on dinghies during a search operation for missing passengers, on Thursday.Johannes P. Christo/Reuters Indonesian rescuers were searching for 29 people who remained missing Thursday...

Indonesian President Prabowo performs Umrah during Saudi visit

Indonesian President Prabowo performs Umrah during Saudi visit

Makkah: Indonesian President Prabowo Subianto performed the Umrah pilgrimage at the Grand Mosque in Makkah during his official visit to the Kingdom of Saudi Arabia (KSA). A photograph of President Prabowo dressed in the ihram, traditionally worn...

Indonesia banks on critical minerals to avert US tariffs – will it work?

Indonesia banks on critical minerals to avert US tariffs – will it work?

Indonesia is banking on its rich reserves of critical minerals to persuade the United States to pull back steep looming tariffs – an offer that could appeal to American strategic interests even as concerns remain about regulatory risks and China’s...

Indonesia to renovate 2 mln village homes with $2.6 bln budget

Indonesia to renovate 2 mln village homes with $2.6 bln budget

Jakarta (ANTARA) - The Indonesian government has allocated Rp43.6 trillion (over US$2.6 billion) to renovate 2 million uninhabitable houses in rural areas. Deputy Minister of Housing and Settlement Areas Fahri Hamzah said Thursday that each house...

Indonesia to sign US$34 billion pact with US partners ahead of tariff negotiation deadline, minister says

Indonesia to sign US$34 billion pact with US partners ahead of tariff negotiation deadline, minister says

Published Thu, Jul 3, 2025 · 04:37 PM [JAKARTA] Indonesia will sign a pact worth US$34 billion with business partners next week to boost purchases from the US, as part of efforts to strike a trade deal with Washington ahead of the July nine...

Saudi Arabia and Indonesia sign deals worth $27bn

Saudi Arabia and Indonesia sign deals worth $27bn

Saudi Arabia and Indonesia have signed deals and preliminary agreements worth $27 billion (Dh99.1 billion) as Asia’s fifth-largest economy looks to the deepen trade and investment ties with the kingdom. The agreements signed by private sector...

Indonesia Customs Issues New Rules for Imported Personal Belongings

Indonesia Customs Issues New Rules for Imported Personal Belongings

TEMPO.CO, Jakarta - The Directorate General of Customs and Excise of the Finance Ministry has issued new regulations detailing the types of personal belongings, or "moved goods," imported from abroad that are exempt from import duties. This...

Indonesia's PGN, Abu Dhabi's Mubadala Energy Explore Gas Supply Potential from Andaman Block

Indonesia's PGN, Abu Dhabi's Mubadala Energy Explore Gas Supply Potential from Andaman Block

TEMPO.CO, Jakarta - State-owned gas company PT Perusahaan Gas Negara Tbk (PGN) and Mubadala Energy South Andaman RSC Ltd. (Mubadala Energy), the Abu Dhabi-headquartered international energy company, have begun exploring the use of natural gas from...

Indonesia, Saudi Arabia to strengthen Hajj, health cooperation

Indonesia, Saudi Arabia to strengthen Hajj, health cooperation

Jakarta (ANTARA) - President Prabowo Subianto and Saudi Crown Prince Mohammed bin Salman Al Saud (MBS) have agreed to enhance bilateral cooperation to improve health facilities and Hajj services for Indonesian pilgrims. “Both parties expressed...

Indonesia to sign $34 billion pact with U.S. partners ahead of tariff negotiation deadline, minister says

Indonesia to sign $34 billion pact with U.S. partners ahead of tariff negotiation deadline, minister says

JAKARTA (Reuters) -Indonesia will sign a pact worth $34 billion with business partners next week to boost purchases from the United States, as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline, Indonesia’s chief...

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