JAKARTA -- Just five hours before a New Year's Day increase in Indonesia's value-added tax (VAT) rate from 11% to 12% was set to take effect, President Prabowo Subianto announced it would be scaled ba
JAKARTA/BRUSSELS -- Southeast Asian countries are moving closer to the European Union, seeking a reliable trade partner in the face of steep tariffs imposed by the Trump administration. Trump tariffsT
JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to hitting President Prabowo Subianto's 8% target for economic growth. EconomyIndon