Indonesia sees FDI worth $47 billion in 2023 – investment ministry
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, the investment ministry said on Wednesday. However,…
Train collision in Indonesia kills four, injures 42
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 cause of the crash. Video images from…
Indonesia books smallest fiscal deficit in 12 years in 2023
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% of gross domestic product (GDP) based on…
Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will maintain its key policy rate for a second month on Thursday as inflation is within its target range and the rupiah has stabilised,…
Indonesia and Japan agree on removing more trade barriers
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 concluded negotiations on protocols to improve their…
Indonesia relaxes tax rules on EV imports to attract investment
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, a new presidential regulation showed as Jakarta…
Indonesia president suspects human trafficking behind increased Rohingya arrivals
JAKARTA (Reuters) – Indonesia strongly suspects human trafficking is behind a recent increase in arrivals of Rohingya Muslims on its territory, its president said on Friday, promising to work with international groups…
Indonesia says ‘positive’ signs from Myanmar’s warring camps on dialogue effort
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 each gave a “positive indication” about holding…
Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll
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 that level until at least mid-2024, according…
Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll
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 to weaken, a Reuters poll showed on…
Warga Negara Indonesia Diekstradisi Dari Singapura Untuk Menghadapi Tuntutan Karena Melakukan Skema Ponzi Yang Menargetkan Komunitas Indonesia Dan Indo-Amerika
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 sekuritas, penipuan kawat, pencucian uang dan tuduhan…
Exclusive-TikTok, YouTube, Meta eye Indonesia e-commerce licenses- sources
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 largest economy banned online shopping on social…
Indonesia central bank unexpectedly raises rates amid falling rupiah
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 tightening and rising geopolitical risks, with economists…
China’s Xi wants to expand cooperation with Indonesia in several key markets
BEIJING (Reuters) – China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles, President Xi Jinping said on Tuesday.…
Bank Indonesia to stay put till year-end, cut in Q2 2024: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, staying on the sidelines for longer than…
Indonesia court to rule on president, VP candidates’ minimum age
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 in elections, which could pave the way…
Indonesia to tighten customs checks on some consumer goods after influx of imports
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, the country’s latest measure to curb imports.…
Bank Indonesia official signals steady rates as authorities try to calm markets
By Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia could maintain price stability with past rate hikes, a deputy governor said on Wednesday, signalling policy rates will be held steady again later this…
Indonesia central bank intervenes to defend rupiah, open to buying bonds
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 of U.S. dollars amid market turbulence that…
Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official
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 said on Tuesday, using a phrase the…
Indonesia parliament passes Jokowi’s $216 billion 2024 budget
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 a fiscal deficit of 2.29% of gross…
Indonesia asks China’s Geely to help build homegrown EV by 2026
JAKARTA (Reuters) – Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior minister said on Tuesday, adding that the…
Indonesia proposes critical minerals trade deal with US
JAKARTA (Reuters) – Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the…
PepsiCo returns to Indonesia, breaks ground for snack factory
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 its return to Southeast Asia’s largest economy…
Indonesia central bank believes new certificates will offer ‘very attractive’ yields
By Stefanno Sulaiman JAKARTA (Reuters) – New certificates being introduced by Bank Indonesia for sale next month are expected to offer “very attractive” yields for foreign investors, an official said on Monday,…
Marketmind: Spotlight falls on South Korea, Indonesia rate calls
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Interest rate decisions and policy guidance from South Korea and Indonesia take…
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