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Indonesia

SpaceX applies for Indonesia internet service provider permit, government says

April 4, 2024
Spacex applies for indonesia internet service provider permit, government says - photo licensed by shore news network.

JAKARTA (Reuters) – Elon Musk’s SpaceX has applied to Indonesia’s government for an internet service provider permit for its Starlink satellite unit, the communications ministry …

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Indonesia sees FDI worth $47 billion in 2023 – investment ministry

January 24, 2024January 23, 2024
Indonesia sees fdi worth $47 billion in 2023 - investment ministry - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia recorded a total of 744 trillion rupiah ($47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, …

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Bank Indonesia to stay put on Jan 17, no cut until at least Q3

January 11, 2024
Bank indonesia to stay put on jan 17, no cut until at least q3 - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 6.00% on Wednesday and until the …

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Indonesia temporarily grounds three Boeing 737 MAX 9 planes – transport ministry

January 8, 2024
Indonesia temporarily grounds three boeing 737 max 9 planes - transport ministry - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia temporarily grounded three Boeing 737 MAX 9 planes on Jan. 6, operated by Lion Air, despite different configurations from the plane …

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Train collision in Indonesia kills four, injures 42

January 5, 2024January 5, 2024
Train collision in indonesia kills four, injures 42 - photo licensed by shore news network.

JAKARTA (Reuters) -A train collision in Indonesia’s West Java province on Friday killed four people and injured 42, local police said, as authorities investigated the …

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Indonesia books smallest fiscal deficit in 12 years in 2023

January 2, 2024January 2, 2024
Indonesia books smallest fiscal deficit in 12 years in 2023 - photo licensed by shore news network.

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65% …

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Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll

December 18, 2023
Bank indonesia likely done with hikes, first cut in q3 2024: reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will maintain its key policy rate for a second month on Thursday as inflation is within its …

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Indonesia and Japan agree on removing more trade barriers

December 16, 2023
Indonesia and japan agree on removing more trade barriers - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia and Japan have agreed on the removal of more trade barriers, Indonesia’s foreign minister said on Saturday, after the two countries …

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Indonesia relaxes tax rules on EV imports to attract investment

December 13, 2023
Indonesia relaxes tax rules on ev imports to attract investment - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, …

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Indonesia president suspects human trafficking behind increased Rohingya arrivals

December 8, 2023December 8, 2023
Indonesia president suspects human trafficking behind increased rohingya arrivals - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia strongly suspects human trafficking is behind a recent increase in arrivals of Rohingya Muslims on its territory, its president said on …

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Indonesia says ‘positive’ signs from Myanmar’s warring camps on dialogue effort

November 24, 2023

JAKARTA (Reuters) -Indonesia said on Friday it had hosted a meeting of some of the key stakeholders in the conflict in military-ruled Myanmar at which …

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Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll

November 20, 2023November 20, 2023
Bank indonesia to maintain key rate at 6. 00% until at least mid-2024: reuters poll - photo licensed by shore news network.

By Susobhan Sarkar BENGALURU (Reuters) – Bank Indonesia (BI) will leave its key policy rate unchanged at 6.00% on Thursday and likely keep it at …

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Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll

November 14, 2023November 13, 2023
Indonesia expected to maintain oct trade surplus at $3 billion: reuters poll - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected …

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Warga Negara Indonesia Diekstradisi Dari Singapura Untuk Menghadapi Tuntutan Karena Melakukan Skema Ponzi Yang Menargetkan Komunitas Indonesia Dan Indo-Amerika

November 11, 2023

Di pengadilan federal di Brooklyn, Dakwaan 16 dakwaan dan 16 dakwaan pengganti telah dibuka segelnyadalam penuntutan warga negara Indonesia bernama Francius Marganda yang melakukan penipuan …

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Exclusive-TikTok, YouTube, Meta eye Indonesia e-commerce licenses- sources

October 26, 2023
Exclusive-tiktok, youtube, meta eye indonesia e-commerce licenses- sources - photo licensed by shore news network.

By Stanley Widianto and Fanny Potkin JAKARTA – TikTok and YouTube are considering joining Meta in applying for e-commerce licenses in Indonesia after Southeast Asia’s …

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Indonesia central bank unexpectedly raises rates amid falling rupiah

October 19, 2023October 19, 2023
Indonesia central bank unexpectedly raises rates amid falling rupiah - photo licensed by shore news network.

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah’s decline amid U.S. monetary …

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China’s Xi wants to expand cooperation with Indonesia in several key markets

October 17, 2023
China's xi wants to expand cooperation with indonesia in several key markets - photo licensed by shore news network.

BEIJING (Reuters) – China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy …

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Bank Indonesia to stay put till year-end, cut in Q2 2024: Reuters poll

October 16, 2023October 16, 2023
Bank indonesia to stay put till year-end, cut in q2 2024: reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, …

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Indonesia court to rule on president, VP candidates’ minimum age

October 10, 2023
Indonesia court to rule on president, vp candidates' minimum age - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s Constitutional Court will next week rule on a petition seeking to lower the minimum age of presidential and vice presidential candidates …

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Indonesia to tighten customs checks on some consumer goods after influx of imports

October 6, 2023
Indonesia to tighten customs checks on some consumer goods after influx of imports - photo licensed by shore news network.

JAKARTA (Reuters) -Indonesia plans to tighten customs monitoring for some imported goods, including cosmetics, shoes, clothes, toys and electronics, the president’s office said on Friday, …

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Bank Indonesia official signals steady rates as authorities try to calm markets

October 4, 2023
Bank indonesia official signals steady rates as authorities try to calm markets - photo licensed by shore news network.

By Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia could maintain price stability with past rate hikes, a deputy governor said on Wednesday, signalling policy rates …

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Indonesia central bank intervenes to defend rupiah, open to buying bonds

October 3, 2023
Indonesia central bank intervenes to defend rupiah, open to buying bonds - photo licensed by shore news network.

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s central bank has intervened in the foreign exchange market to manage the supply and demand …

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Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official

October 3, 2023October 3, 2023
Indonesia central bank intervenes to balance fx supply-demand, build market confidence-official - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s central bank kept a presence in the foreign exchange market to maintain a supply-demand balance and build market confidence, an official …

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Indonesia parliament passes Jokowi’s $216 billion 2024 budget

September 21, 2023September 20, 2023
Indonesia parliament passes jokowi's $216 billion 2024 budget - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with …

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Indonesia asks China’s Geely to help build homegrown EV by 2026

September 14, 2023
Indonesia asks china's geely to help build homegrown ev by 2026 - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior …

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Indonesia proposes critical minerals trade deal with US

September 7, 2023September 7, 2023
Indonesia proposes critical minerals trade deal with us - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast …

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PepsiCo returns to Indonesia, breaks ground for snack factory

August 30, 2023
Pepsico returns to indonesia, breaks ground for snack factory - photo licensed by shore news network.

By Stefanno Sulaiman CIKARANG, Indonesia (Reuters) – U.S. food and beverage maker PepsiCo began building a snack factory in Indonesia’s West Java on Wednesday, marking …

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Indonesia central bank believes new certificates will offer ‘very attractive’ yields

August 28, 2023
Indonesia central bank believes new certificates will offer 'very attractive' yields - photo licensed by shore news network.

By Stefanno Sulaiman JAKARTA (Reuters) – New certificates being introduced by Bank Indonesia for sale next month are expected to offer “very attractive” yields for …

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Marketmind: Spotlight falls on South Korea, Indonesia rate calls

August 23, 2023August 23, 2023
Marketmind: spotlight falls on south korea, indonesia rate calls - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Interest rate decisions and policy …

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Indonesia reviews plan to merge two state airlines – executive

August 22, 2023
Indonesia reviews plan to merge two state airlines - executive - photo licensed by shore news network.

JAKARTA (Reuters) – The Indonesian government is reviewing a plan to merge state-owned airlines Garuda Indonesia and Pelita Air, a unit of energy firm Pertamina, …

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Indonesia says Tesla plans to invest in battery material facility

August 14, 2023
Indonesia says tesla plans to invest in battery material facility - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian …

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Miss Universe cuts ties with Indonesia organiser accused of sexual harassment

August 13, 2023August 13, 2023
Miss universe cuts ties with indonesia organiser accused of sexual harassment - photo licensed by shore news network.

JAKARTA (Reuters) – The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year’s Malaysia pageant after contestants accused …

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Indonesia gives automakers more time to qualify for EV credits in investment bid

August 10, 2023
Indonesia gives automakers more time to qualify for ev credits in investment bid - photo licensed by shore news network.

By Stefanno Sulaiman TANGERANG, Indonesia (Reuters) – Indonesia said on Thursday it would give automakers two more years to qualify for electric vehicle incentives in …

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Indonesia says Mitsubishi Motors plans to invest $375 million in 2024

August 9, 2023August 9, 2023
Indonesia says mitsubishi motors plans to invest $375 million in 2024 - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to …

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In Muslim-majority Indonesia, Islamic preacher under fire over unorthodox views

August 2, 2023
In muslim-majority indonesia, islamic preacher under fire over unorthodox views - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesian police have brought blasphemy and hate speech charges against the head of a controversial Islamic boarding school, following public uproar over …

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TikTok won’t launch cross-border e-commerce services in Indonesia amid concerns

July 27, 2023
Tiktok won't launch cross-border e-commerce services in indonesia amid concerns - photo licensed by shore news network.

By Stanley Widianto and Josh Ye JAKARTA/HONG KONG (Reuters) – TikTok said it has no plans to roll out a cross-border business in Indonesia as …

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Indonesia to make it less painful for exporters to keep earnings onshore -official

July 26, 2023July 26, 2023
Indonesia to make it less painful for exporters to keep earnings onshore -official - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their earnings onshore, after business groups …

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Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla

July 25, 2023July 24, 2023
Indonesia plans incentives for ev makers, sets up meeting with byd, tesla - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on …

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Indonesia defence minister gains ground with young people for 2024 election

July 23, 2023
Indonesia defence minister gains ground with young people for 2024 election - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesian Defence Minister Prabowo Subianto retains an early lead ahead of the 2024 presidential election, with an opinion poll on Sunday showing …

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Indonesia Q2 FDI growth slowest in 1-1/2 years

July 21, 2023
Indonesia q2 fdi growth slowest in 1-1/2 years - photo licensed by shore news network.

JAKARTA (Reuters) – Incoming foreign direct investment to Indonesia grew 14.2% on a yearly basis in rupiah terms in the April-June quarter, the investment ministry …

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Bank Indonesia rates on hold for rest of year, cut in Q1 2024 – Reuters poll

July 19, 2023
Bank indonesia rates on hold for rest of year, cut in q1 2024 - reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% next week and leave it …

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ByteDance launches new music streaming service in Brazil, Indonesia

July 6, 2023
Bytedance launches new music streaming service in brazil, indonesia - photo licensed by shore news network.

SAO PAULO (Reuters) – Chinese company ByteDance, which owns short-video company TikTok, on Thursday said it will launch a new music streaming service in Brazil …

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Singapore Airlines, Garuda Indonesia plan JV to boost passenger capacity

May 29, 2023
Singapore airlines, garuda indonesia plan jv to boost passenger capacity - photo licensed by shore news network.

(Reuters) – Singapore Airlines Ltd and Garuda Indonesia plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the …

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Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

May 24, 2023
Indonesia, malaysia to visit brussels over concern about eu deforestation law - photo licensed by shore news network.

JAKARTA (Reuters) – The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice …

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Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions

May 24, 2023
Marketmind: u. S. Default risk clouds korea, indonesia rate decisions - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia …

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Indonesia tax cut drives electric car sales for Hyundai, Wuling

May 10, 2023
Indonesia tax cut drives electric car sales for hyundai, wuling - photo licensed by shore news network.

By Bernadette Christina and Stefanno Sulaiman JAKARTA (Reuters) – Sales of electric cars in Indonesia jumped last month after the government launched tax incentives, auto …

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Freeport Indonesia must divest additional 10% stake to govt – minister

May 3, 2023
Freeport indonesia must divest additional 10% stake to govt - minister - photo licensed by shore news network.

By Fransiska Nangoy and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s investment minister said on Wednesday that copper miner Freeport Indonesia must agree to sell an …

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Indonesia economy likely grew 4.95% on year in Q1, contracted vs quarter: Reuters poll

May 2, 2023
Indonesia economy likely grew 4. 95% on year in q1, contracted vs quarter: reuters poll - photo licensed by shore news network.

By Sujith Pai BENGALURU (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on …

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South Korea, Indonesia central banks agree to promote local currency transactions

May 1, 2023
South korea, indonesia central banks agree to promote local currency transactions - photo licensed by shore news network.

SEOUL (Reuters) – The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate on promoting the use of …

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Indonesia posts $8.7 billion Q1 budget surplus, stronger rupiah seen cutting deficit outlook

April 17, 2023
Indonesia posts $8. 7 billion q1 budget surplus, stronger rupiah seen cutting deficit outlook - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening …

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