Indonesia
Rupiah’s drop to four-year low prompts Bank Indonesia support
The Indonesian rupiah declined to a fresh four-year low as investors unwound the emerging-market (EM) carry trade, prompting a verbal support for the currency from the nation’s central bank.The...
Indonesia designs agricultural commodities digital tracker in sustainability push
INDONESIA plans to set up a digital dashboard by August to track its agricultural commodities, its economics ministry said, as the world’s top palm oil exporter looks to monitor...
Indonesia law giving religious groups mining permits sparks outrage
A new law allowing the Indonesian government to grant permits to religious organisations to operate mines has outraged environmentalists in the world’s leading nickel producer.Outgoing President Joko Widodo, popularly...
Freeport Indonesia says yet to receive copper concentrate export permit extension
COPPER miner Freeport Indonesia has not yet received a copper concentrate export permit extension from Indonesia’s government, the company’s spokesperson said on Monday (Jun 3).Freeport’s previous permit was valid...
India, Indonesia stand out for EM investors in ageing world
EMERGING markets (EM) such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment...
Bank Indonesia keeps rate steady after surprise hike in April
[JAKARTA] The recent stability of the rupiah has provided Indonesia’s central bank with the leeway to maintain its benchmark interest rate on Wednesday (May 22), following an unexpected hike...
DBS takes part in S$286 million blended-finance project in Indonesia
DBS, South-east Asia’s largest lender, will be loaning an undisclosed sum of money under a blended-finance project that supplies fresh water to three cities in Indonesia.
Singapore Airlines and Garuda Indonesia to partner on frequent flyer miles
SINGAPORE Airlines (SIA) and Indonesia flag carrier Garuda Indonesia have signed an agreement on Monday (May 20) to explore revenue sharing arrangements for flights between Indonesia and Singapore, and...
