Culture
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
Tag
Indonesias
Culture
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion Indonesian miner Merdeka Gold Resources has…
Culture
Indonesia’s rupiah hits record low on central bank independence worries
Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after…
Culture
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies The timing of Indonesia’s launch of its B50…
Culture
Indonesia’s tin exports surge as supply concerns dissipate
The global market for mined tin will swing to a surplus next year thanks to rising mine supplies, according to Mysteel INDONESIA’S exports…
Business
Indonesia’s Jakarta now the world’s largest city, Tokyo falls to third: UN
A new United Nations report has found that Indonesia’s capital Jakarta is the world’s largest city with 41.9 million people living there,…
Culture
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets Indonesia’s largest social security fund is poised…
Culture
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In…
Culture
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk chain
Chandra Asri Pacific on Friday (Oct 24) said it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore. The…
Culture
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its…
Culture
Indonesia’s healthcare moment is now
With rising demand, bold reforms and a digital backbone now in place, Indonesia is opening its doors to long-term healthcare investment…
Culture
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out…
Culture
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Culture
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Culture
Indonesia’s gas crunch strains domestic industries, may shake trust in exports
Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could…
Culture
Indonesia’s ‘Gasoline Godfather’ targeted in US$18 billion graft probe
[LONDON/JAKARTA] A reclusive oil merchant dominated Indonesia’s fuel trade for decades. Now he is embroiled in a US$18 billion probe into…
Culture
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s…
Business
Indonesia’s Pertamina and PLN partner for 530MW geothermal energy projects
Indonesia’s state-owned energy company PT Pertamina and state electricity provider PT PLN have reportedly entered an agreement to develop…
Business
A tug of war between planes and kites in Indonesia's skies
At a paddy field two kilometres from Jakarta's international airport, the rustle of fluttering kites is periodically drowned out by the…
Culture
Indonesia’s Kangaroo bond sale a tricky call for local investors
Indonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on…
Culture
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and…
Business
Indonesia's fight to clean up 'the world's most polluted river'
Wida Widiarti has spent her entire life near the Citarum River on Indonesia's main island of Java. That means she has witnessed first-hand…
Culture
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift…
Culture
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…