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News Update

News Update

Indonesia’s First Casino Officially Opens – Government Rakes in Billions!

14:59, 15 May 2025

During a working meeting with the Directorate General of Budget at the Ministry of Finance held by Commission XI of the House of Representatives (DPR) on Thursday (May 8, 2025), Golkar Party lawmaker Galih Kartasasmita proposed that Indonesia emulate certain Arab countries that operate casinos. The
Education

7 Brilliant Indonesian Inventors Who Changed the World - #5 Will Make You Proud!

14:59, 15 May 2025

Researchers from Indonesia have proven themselves to be just as capable as their international counterparts. Many of their discoveries have received global recognition.   In fact, several of these innovations are still in use today, not only within Indonesia but also in other countries. T
Technology Update

Ex-Google Boss Has a Wilder Dream Than Elon Musk - What Is He Planning?

14:59, 15 May 2025

Eric Schmidt, widely recognized as the former head of Google, has revealed a bold and unconventional vision for data centers. He expressed his desire to construct data centers in Earth’s orbit.   During a hearing focused on the future of artificial intelligence (AI) and global compe
Bussiness | Economy

Indonesia's Foreign Debt Soars to US$430 Billion – What Does It Mean for the People?

14:59, 15 May 2025

As of the end of March or the first quarter of 2025, Indonesia’s external debt (ULN) saw an increase of US$3.2 billion, reaching US$430.4 billion. This was up from US$427.2 billion recorded in February 2025. With the JISDOR exchange rate at Rp16,566 per US dollar as of the end of March 2025, t
Bussiness | Economy

Indonesia's Economy on the Brink — Is a Major Crisis Coming?

14:59, 15 May 2025

At the beginning of the year, Indonesia’s national economy showed signs of weakening. This challenge has become even more difficult due to the ongoing global trade war, which was triggered by tariff policies enacted by U.S. President Donald Trump.   This raises the question: Could t
Crypto News

Altcoins Set to Soar? Here’s the Best Time to Buy, According to Crypto Analysts

14:59, 15 May 2025

The crypto market is beginning to show signs of revival. Ethereum (ETH) has broken past the US$ 2,500 mark, Solana (SOL) reached US$ 180, and the meme coin PEPE has doubled in value within a month. However, a well-known crypto analyst using the handle ‘Virtual Bacon’ on X cautions that n
Bussiness | Economy

Trade War Over! US-China Agree to Lower Import Tariffs - Here's the Impact

14:59, 15 May 2025

The United States and China have reached a peace agreement by temporarily reducing import tariffs for a 90-day period. This decision was made following a meeting between representatives of both countries in Geneva, Switzerland, aimed at easing the ongoing trade tensions that have persisted recently.
Bussiness | Economy

Official! China & US Raise Tariffs, Imports Hit by Up to 30%

00:48, 15 May 2025

The United States (US) and China have agreed to temporarily reduce import tariffs for a 90-day period. This decision followed a meeting between representatives from both countries in Geneva, Switzerland, aimed at easing the prolonged trade tensions.   During the meeting, it was agreed tha
Bussiness | Economy

US-China Trade War Eases, Opportunity or Threat for Indonesia?

00:48, 15 May 2025

The recent decision by the United States and China to implement a trade war 'ceasefire' has helped to ease global economic concerns. This development is expected to bring positive sentiment while also presenting new challenges for the Indonesian economy.   Bhima Yudhistira, econom
Digital Investment

Trump Secures Massive US$600 Billion Investment from Saudi Arabia – Political & Economic Strategy?

00:48, 15 May 2025

U.S. President Donald Trump praised Saudi Arabia and its leadership following the White House's announcement of the kingdom’s commitment to invest US$600 billion through a series of deals with the United States. Speaking at an investment forum in Riyadh, Trump also declared that he would d
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