Indonesia
Schroders seeks buyers for Indonesia unit with US$4 billion in assets: sources
SCHRODERS is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the UK-headquartered global asset manager weighs exiting some sub-scale markets under...
Bank Indonesia says it’s ready to intervene to steady rupiah
INDONESIA’S central bank said it was ready to intervene in currency markets to steady the rupiah as it weakened towards the psychological level of 16,000 per US dollar. Bank...
Indonesia must shut coal plants every year to hit climate goal
INDONESIA needs to shut multiple coal plants a year while also tripling renewables to meet its new president’s ambition of a full phase-out of the fossil fuel by 2040,...
Indonesia expects US$1 billion investment commitment from Apple in a week
INDONESIA is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), after the government banned...
Indonesia rejects Apple’s US$100 million investment offer
INDONESIA has rejected an Apple US$100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the “fairness” required by the government.
Indonesia last month...
Indonesia bourse mulls higher IPO proceeds criteria for listing
THE Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings (IPOs) as part of efforts to revamp listing rules.“We are proposing more than 10 per...
Indonesia curbing nickel supply to support locals: Eramet
INDONESIA is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet.The French miner, which...
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday (Nov 20).The...
