CNN Sets the Stage for Digital Subscriptions with New Paywall Rollout
New York — CNN, one of the leading global news providers, has launched a digital paywall for the first time in its history, signaling a major shift in how the network plans to monetize its online content. Beginning today, the network is charging $3.99 per month for unlimited access to its articles, in what is […]
Boeing Sees 13% Revenue Growth, Reaches Rp287.26 Trillion in Q3/2023
Jakarta – Boeing Company announced its third-quarter financial results for 2023 on Wednesday (25/10/2023), revealing a notable 13% increase in revenue to $18.1 billion, equivalent to Rp287.26 trillion at an exchange rate of Rp15,871 per US dollar. This growth trajectory was primarily attributed to the escalating volume of both service operations and commercial aircraft deliveries. […]
Debunking the Myth: Will the Jakarta-Surabaya High-Speed Train Outperform Jakarta-Bandung?
Jakarta – Minister of Maritime Affairs and Investment Coordination, Luhut Binsar Pandjaitan, announced the formation of a dedicated team to spearhead the Jakarta-Surabaya high-speed train project. Transport analyst from the Indonesian Transportation Society (MTI), Deddy Herlambang, also provided insights regarding the extension plan of the Jakarta-Bandung high-speed train project. According to Herlambang, the Jakarta-Surabaya high-speed […]
“Exploring Infrastructure: Jokowi and China’s Foreign Minister Delve into IKN and Surabaya High-Speed Rail”
The recent visit of Chinese Foreign Minister Wang Yi to the Indonesian President Joko Widodo at the Presidential Palace in Jakarta on Thursday (April 18, 2024) was marked by significant discussions and agreements. In the post-meeting press statement, Indonesian Foreign Minister Retno Marsudi outlined three key messages conveyed by President Jokowi. Firstly, President Jokowi emphasized […]
Indef Advocates for Export-Driven Growth Amid Import Constraints
JAKARTA – While import restrictions (Lartas) may appear to bolster Indonesia’s trade surplus, the Institute for Development of Economics and Finance (Indef) warns that such measures only generate superficial gains. Indef suggests that the government’s focus should shift towards enhancing exports rather than impeding imports, especially those essential for industry raw materials and auxiliary needs. […]
Indonesia’s AC Industry in Turmoil as Import Curbs Enforced, Domestic Compressor Production Still Lagging
The Indonesian Refrigeration Company Association (Perprindo) finds itself in disarray following the enforcement of import bans and restrictions on electronic goods, including crucial raw materials for domestic production. Technical considerations (Pertek) mandated as a prerequisite for import endorsements under Minister of Industry Regulation No. 6/2024, stemming from Minister of Trade Regulation 3/2024, have triggered apprehension […]