Indonesia
Vietnam’s VinFast to open India factory Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028Published Thu, Apr 24, 2025 · 12:24 PM[HANOI] Vietnamese electric vehicle...
Rupiah to extend losses as Bank Indonesia battles volatility
[JAKARTA] The Indonesian rupiah will extend this year’s 4 per cent decline due to fragile investor confidence, spurring further intervention by the central bank to stem volatility, according to...
Indonesia hikes mining royalties in bid to fund Prabowo policies
The regulation comes into effect 15 days from Apr 11, the registration date, according to the documentPublished Wed, Apr 16, 2025 · 12:37 PM[LONDON] Indonesia has raised the royalty...
Indonesia hikes mining royalties to fund Prabowo policies
[LONDON] Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious...
Qatar to invest US$2 billion in Indonesia sovereign wealth fund
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral ties with the region[JAKARTA] Indonesian President...
Global funds hit pause on Indonesia after Prabowo policy changes
[MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling.Some of...
Apple’s iPhone 16 hits Indonesia stores after months long ban
[JAKARTA] Smartphone buyers were cheered by shopkeepers in Jakarta on Friday (Apr 11) after Apple’s latest smartphone went on sale following a months long ban in Indonesia.The marketing and...
Bank Indonesia will act boldly to maintain rupiah stability
[JAKARTA] Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and bond markets, a deputy governor said on Wednesday (Apr...
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday[JAKARTA] Bank Indonesia intervened in the offshore rupiah market ahead of what could be a turbulent...
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
[SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest...