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 said on Thursday. The application …
Indonesia
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In the News
Indonesia sees FDI worth $47 billion in 2023 – investment ministry
by Reutersby ReutersJAKARTA (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 …
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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 third quarter as inflation is …
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In the News
Indonesia temporarily grounds three Boeing 737 MAX 9 planes – transport ministry
by Reutersby ReutersJAKARTA (Reuters) – Indonesia temporarily grounded three Boeing 737 MAX 9 planes on Jan. 6, operated by Lion Air, despite different configurations from the plane that had to make an …
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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 …
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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) …
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In the News
Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll
by Reutersby ReutersBy 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 …
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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 …
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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 …
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In the News
Indonesia president suspects human trafficking behind increased Rohingya arrivals
by Reutersby ReutersJAKARTA (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 …
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In the News
Indonesia says ‘positive’ signs from Myanmar’s warring camps on dialogue effort
by Reutersby ReutersJAKARTA (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” …
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In the News
Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll
by Reutersby ReutersBy 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 …
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In the News
Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll
by Reutersby ReutersJAKARTA (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 …
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Government NewsPolice Blotter
Warga Negara Indonesia Diekstradisi Dari Singapura Untuk Menghadapi Tuntutan Karena Melakukan Skema Ponzi Yang Menargetkan Komunitas Indonesia Dan Indo-Amerika
by Indira Patelby Indira PatelDi 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 …
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In the News
Exclusive-TikTok, YouTube, Meta eye Indonesia e-commerce licenses- sources
by Reutersby ReutersBy 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 …
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In the News
Indonesia central bank unexpectedly raises rates amid falling rupiah
by Reutersby ReutersBy 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, …
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Business News
China’s Xi wants to expand cooperation with Indonesia in several key markets
by Reutersby ReutersBEIJING (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 …
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Business News
Bank Indonesia to stay put till year-end, cut in Q2 2024: Reuters poll
by Reutersby ReutersBy 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 …
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US and World News
Indonesia court to rule on president, VP candidates’ minimum age
by Reutersby ReutersJAKARTA (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 …
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Business News
Indonesia to tighten customs checks on some consumer goods after influx of imports
by Reutersby ReutersJAKARTA (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 …
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Business News
Bank Indonesia official signals steady rates as authorities try to calm markets
by Reutersby ReutersBy 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 …
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Business News
Indonesia central bank intervenes to defend rupiah, open to buying bonds
by Reutersby ReutersBy 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 …
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Business News
Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official
by Reutersby ReutersJAKARTA (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 …
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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% …
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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 …