• Sunday, 25 February 2024

Business

Ringgit Value is Low Close To Record Low Exchange Rate in 1998

Ringgit Value is Low Close To Record Low Exchange Rate in 1998

SEAToday.com, Kuala Lumpur-On February 19, the ongoing slide in the ringgit was approaching its lowest level ever recorded during the 1998 Asian financial crisis. The continued weakness in Malaysia's...

Jakarta Projected to become Business and Financial Center after N...

Jakarta Projected to become Business and Financial Center after N...

SEAToday.com, Jakarta - Head of Nusantara Capital Authority (OIKN) Bambang Susantono said Jakarta will become a business and financial center after Nusantara (IKN) becomes the capital of Ind...

Laos-China Railway Boosts Tourism by Transporting 1.8 Million Peo...

Laos-China Railway Boosts Tourism by Transporting 1.8 Million Peo...

SEAToday.com, Vientiane-After operating since April 2023, the Laos-China railway has transported more than 1.8 million passengers for the first time in January 2024. The increase in tourists h...

Indonesian Batik's Allure for Global Markets 

Indonesian Batik's Allure for Global Markets 

SEAToday.com, Jakarta - The Indonesian batik industry has contributed to the country's foreign exchange. The main markets for national batik exports include the United States, Japan, and Europe....

Thailand Plans to Ban Recreational Use of Cannabis

Thailand Plans to Ban Recreational Use of Cannabis

SEAToday.com, Bangkok-The Thai government will urgently move a Bill to ban the recreational use of cannabis, the health minister said on Tuesday (2/6), after the kingdom decriminalized the drug i...

McDonald's Global Sales Miss Target, Shares Plummet Amid Boycotts

McDonald's Global Sales Miss Target, Shares Plummet Amid Boycotts

SEAToday.com, Jakarta - Fast-food chain McDonald's on Monday (2/6) reported a decline in sales in the Q4 of 2023, the first time in nearly four years.According to the company's f...

Indonesia's Economy Grows 5.05 Pct. Throughout 2023

Indonesia's Economy Grows 5.05 Pct. Throughout 2023

SEAToday.com, Jakarta - The Central Statistics Agency (BPS) announced that Indonesia’s economic growth has grown by 5.05 percent cumulatively throughout 2023. This was announced by Act...

Muted Songs on TikTokers Content as UMG Pulled Out from TikTok

Muted Songs on TikTokers Content as UMG Pulled Out from TikTok

SEAToday.com, Jakarta - The world's largest music company, Universal Music Group (UMG)on Thursday (1/30) announced their plans to withdraw its songs from TikTok after failing to reach a new...

Saudi Arabia to Launch Luxury Train Service Dream of the Desert i...

Saudi Arabia to Launch Luxury Train Service Dream of the Desert i...

SEAToday.com, Riyadh - A collaboration between Saudi Arabia Railways and Italian Arsenale Group will bring in luxurious experiences for the train passengers of “Dream of the Desert&rdq...

Singapore and China Reach Agreement on Mutual 30 Days Visa-Free E...

Singapore and China Reach Agreement on Mutual 30 Days Visa-Free E...

SEAToday.com, Singapore-Singapore and China have agreed to a 30-day mutual visa-free entry for their citizens. The agreement was signed by the Government representatives from both sides on Thursday (1...

SEA Today, Jawa Pos Multimedia Collaborate to Provide Multi-Langu...

SEA Today, Jawa Pos Multimedia Collaborate to Provide Multi-Langu...

SEAToday.com, Jakarta - SEA Today is officially collaborating with Jawa Pos Multimedia regarding the distribution and commercialisation of the programme. The signing of the collaboration was...

Communication Minister to Set a Minimum Fixed Internet Speed of 1...

Communication Minister to Set a Minimum Fixed Internet Speed of 1...

SEAToday.com, Jakarta - Communications and Informatics Minister Budi Arie Setiadi plans to set the minimum fixed broadband speed in Indonesia at 100Mbps. This plan was announced on Thursday...

Shopee Launches High-End Brands, Showcasing Indonesian Top Design...

Shopee Launches High-End Brands, Showcasing Indonesian Top Design...

SEAToday.com, Jakarta-E-commerce platform, Shopee, introduced a new High-End Brands (HEB) category on Saturday (1/20), which exclusively showcases renowned Indonesian f...

Indonesia's E-Commerce Transactions in 2023 Reaches IDR453.75 Tri...

Indonesia's E-Commerce Transactions in 2023 Reaches IDR453.75 Tri...

SEAToday.com, Jakarta - Bank Indonesia has reported that e-commerce transactions in Indonesia reached 453.75 trillion rupiah in 2023. The information was conveyed by Bank Indonesia Deputy Go...

Entertainment Tax Increase To Be Postponed

Entertainment Tax Increase To Be Postponed

SEAToday.com, Jakarta-The Jakarta government has established the rate of Specific Goods and Services Tax (SGST) for the entertainment category subject to 40--75 percent for nightclubs, karaoke establi...

QRIS Transactions in Singapore Grow 261% a Month After Launch

QRIS Transactions in Singapore Grow 261% a Month After Launch

SEAToday.com, Jakarta-Indonesian cross-border payment system using the Quick Response Code Indonesian Standard or QRIS which is currently implemented in Thailand, Malaysia, and Singapore, continues to...

Indonesia Carbon Exchange Trade Exceeds IDR31 Billions

Indonesia Carbon Exchange Trade Exceeds IDR31 Billions

SEAToday.com, Jakarta-Indonesian Monetary Service Authority or OJK said on Tuesday (1/9) that the number of Indonesian carbon exchange users has kept increasing since launched on September 26. OJK opt...

Illegal Wildlife Trafficking in Singapore Has Doubled Through Tel...

Illegal Wildlife Trafficking in Singapore Has Doubled Through Tel...

SEAToday.com, Singapore-The Animal Concerns Research and Education Society has reported the illegal wildlife market in Singapore flourished on Telegram over the past three years. The number of banned...

Romania, Bulgaria to Join Schengen Border-Free Zone

Romania, Bulgaria to Join Schengen Border-Free Zone

SEAToday.com, Jakarta - Romania and Bulgaria are set to join Europe’s Schengen border-free zone by air and sea in March 2024, announced the countries’ officials on Wednesday (12/...

Jiwasraya Insurance Protection Program Accomplished

Jiwasraya Insurance Protection Program Accomplished

SEAToday.com, Jakarta - State-owned Enterprises (SOEs) Minister Erick Thohir said the protection program of PT Asuransi Jiwasraya has been completed through restructuring, bail-in, and trans...

AP I, AP II Merged as Angkasa Pura Indonesia

AP I, AP II Merged as Angkasa Pura Indonesia

SEAToday.com, Jakarta-State-Owned Enterprises (BUMN) Minister Erick Thohir stated that PT Aviasi Pariwisata Indonesia or InJourney has officially merged PT Angkasa Pura I and PT Angkasa Pura II into P...

Shipment Delays May Increase Freight Costs in 2024

Shipment Delays May Increase Freight Costs in 2024

SEAToday.com, Suez-Over 150 ships carrying more than 105 billion US dollars in cargo have been forced to divert their routes from the Red Sea and Suez Canal. As a result of rerouting, many other trade...

Starbucks Loses USD11 Billion in Market value Amid Boycott

Starbucks Loses USD11 Billion in Market value Amid Boycott

SEAToday.com, Jakarta - The mega coffee chain company Starbucks has lost approximately USD 11 billion in market value over the last month, erasing 9.4 percent of the company’s total va...

President Joko Widodo Launches Eco-Friendly Public Transport in N...

President Joko Widodo Launches Eco-Friendly Public Transport in N...

SEAToday.com, East Kalimantan - President Joko Widodo inaugurated environmentally friendly public transportation in Indonesia’s New Capital City (IKN) N...

Indonesia Development Forum Focuses on Blue Economy Development

Indonesia Development Forum Focuses on Blue Economy Development

SEAToday.com, Batam-The Indonesian National Development Planning Ministry (Bappenas) held the Indonesia Development Forum 2023 with the theme "Advancing Blue Economy Innovation and collaboration in Ba...

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Business Update
Shopee Launches High-End Brands, Showcasing Indonesian Top Designers

Shopee Launches High-End Brands, Showcasing Indonesian Top Designers

Shopee Launches High-End Brands, Showcasing Indonesian Top Design...

SEAToday.com, Jakarta-E-commerce platform, Shopee, introduced a new High-End Brands (HEB) category on Saturday (1/20), which exclusively showcases renowned Indonesian f...

Shipment Delays May Increase Freight Costs in 2024

SEAToday.com, Suez-Over 150 ships carrying more than 105 billion US dollars in cargo have been forced to divert their routes from the Red Sea and Suez Canal. As a result of rerouting, many other trade...

Pertamina CEO Nicke Widyawati Selected Again in Fortune 100 Most...

SEAToday.com, Jakarta - Nicke Widyawati, President Director and CEO of PT Pertamina (Persero), is selected again on Fortune Magazine's list of the 100 most powerful women in the world in 2023.

2 Indonesian Women Enter Forbes' List of Asia's Power Businesswom...

SEAToday.com, Jakarta - Two Indonesian businesswomen, Junita Ciputra and Meliza Musa Rusli, were named in the Forbes Asia 2023 list of 20 powerful businesswomen on...

Jakarta-Surabaya High Speed Railway Development to Collaborate wi...

SEAToday.com, Jakarta. - The Jakarta-Surabaya High Speed Railway will be worked on together with China. According to Deputy Minister of SOEs Kartika Wirjoatmodjo on Tuesday (10/31), the...

Popular Post

McDonald's Global Sales Miss Target, Shares Plummet Amid Boycotts

SEAToday.com, Jakarta - Fast-food chain McDonald's on Monday (2/6) reported a decline in sales in the Q4 of 2023, the first time in nearly four years.According to the company's f...

Indonesia's Economy Grows 5.05 Pct. Throughout 2023

SEAToday.com, Jakarta - The Central Statistics Agency (BPS) announced that Indonesia’s economic growth has grown by 5.05 percent cumulatively throughout 2023. This was announced by Act...

Trade Ministry Ready to Support Freeport’s Second Smelter in Gres...

SEAToday.com, Gresik - The Trade Ministry is ready to support PT Freeport Indonesia (PTFI) ahead of the operation of its second smelter in Gresik, East Java, said...

Govt. Raises Electric Motorcycle Conversion Subsidy to IDR10 Mill...

SEAToday.com, Jakarta - The government, through the Ministry of Energy and Mineral Resources (ESDM), has increased the subsi...

Thailand Plans to Ban Recreational Use of Cannabis

SEAToday.com, Bangkok-The Thai government will urgently move a Bill to ban the recreational use of cannabis, the health minister said on Tuesday (2/6), after the kingdom decriminalized the drug i...