Indonesian

Indonesian palm oil output set to fall on dry weather, old trees
Indonesian palm oil output set to fall on dry weather, old trees
August 27, 2024
THE outlook for Indonesia’s palm oil harvest has dimmed as dry weather and ageing trees crimp production in the world’s top grower, which will likely tighten global supply and...
Overseas funds return to Indonesian bonds on dovish Fed bets
Overseas funds return to Indonesian bonds on dovish Fed bets
August 20, 2024
INDONESIA’S bond market is set to erase its outflows for the year as overseas investors pile into rupiah debt amid imminent interest-rate cuts by the Federal Reserve. Global funds...
More than 40 Indonesian agencies hit by cyberattack on data centres
More than 40 Indonesian agencies hit by cyberattack on data centres
June 26, 2024
More than 40 Indonesian agencies, including the ministry overseeing immigration, were impacted by a cyberattack on the country’s data centres, an official said on Wednesday (Jun 26).The latest cyberattack,...
Morgan Stanley downgrades Indonesian stocks to underweight
Morgan Stanley downgrades Indonesian stocks to underweight
June 11, 2024
INDONESIA’S fiscal policy and a stronger US dollar pose risks to investing in its stocks, strategists at Morgan Stanley wrote in a note while lowering their recommendation. “We see...
Abu Dhabi’s largest Islamic bank in talks to buy US.1 billion stake in Indonesian lender
Abu Dhabi’s largest Islamic bank in talks to buy US$1.1 billion stake in Indonesian lender
April 17, 2024
ABU DHABI’S largest Islamic bank is in talks to buy a minority stake valued at around US$1.1 billion in Indonesia’s top Islamic lender, Bank Syariah Indonesia, sources said, with...
Indonesian rupiah hits four-year low, prompts central bank intervention
Indonesian rupiah hits four-year low, prompts central bank intervention
April 16, 2024
THE Indonesian rupiah on Tuesday slid to its weakest in four years as the market reopened after the Eid al-Fitr holidays, prompting the central bank to intervene.The rupiah weakened...
Japan’s Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
Japan’s Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
April 5, 2024
JAPAN’S Mitsui OSK Lines (MOL) has started commercial operations of its floating storage and regasification unit (FSRU) to supply liquefied natural gas (LNG) to a power plant in West...
Tsingshan unit plans Indonesian battery plant as trade frictions mount
Tsingshan unit plans Indonesian battery plant as trade frictions mount
March 27, 2024
THE battery unit of Tsingshan Holding Group, the world’s top nickel producer, plans to build a plant in Indonesia, the latest in a series of Chinese investments that will...
Declining Indonesian palm oil exports may affect domestic supply, officials say
Declining Indonesian palm oil exports may affect domestic supply, officials say
March 25, 2024
INDONESIA’S palm oil product exports slipped in January and February, raising concerns less of the edible oil will be available domestically because of the tie between overseas sales quotas...
Funds sell Indonesian bonds on fiscal fears, free lunch pledge
Funds sell Indonesian bonds on fiscal fears, free lunch pledge
March 21, 2024
INTERNATIONAL investors have become skittish over Indonesian bonds as election pledges have spurred burgeoning budgetary fears and a possible spending spree. Global funds have withdrawn US$1.1 billion from Indonesian...