JAKARTA (Reuters) – Indonesia needs to improve transparency of its power plant shutdown plans, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Friday, as the country launches…
JAKARTA (Reuters) – Indonesia has released on parole Umar Patek, a bomb maker in deadly 2002 Bali attacks, the ministry of law and human rights said on Wednesday. Patek, a…
KUTA, Indonesia (Reuters) – Indonesia’s decision to outlaw cohabitation and sex outside of marriage may hurt the tourism industry in Bali, travelers and businesses said, just as the island destination…
JAKARTA (Reuters) – Indonesia’s president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday. B35 is…
(Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Friday inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He…
JAKARTA (Reuters) – Indonesia plans to subsidise sales of electric cars and motorbikes starting next year so that they become more affordable, a senior government minister said on Tuesday. Coordinating…
JAKARTA (Reuters) – Indonesia has extended loan forbearance for businesses such as accommodation as well as the textile and footwear industries that are yet to recover from the impact of…
JAKARTA (Reuters) – Indonesia will accumulate excess cash in this year’s budget and use it to help reduce borrowing in 2023, when it expects to face market volatility and a…
JAKARTA (Reuters) – Indonesia’s annual economic growth may slow to 4.37% next year partly due to the impact of domestic monetary tightening, the country’s central bank (BI) governor told a…
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by…
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday.…
NUSA DUA, Indonesia (Reuters) – U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement…
JAKARTA (Reuters) – Indonesia’s President Joko Widodo told U.S. President Joe Biden on Monday that he expected the G20 summit to deliver concrete partnerships that might help global economic recovery.…
NUSA DUA, Indonesia (Reuters) – Indonesia’s economy is expected to grow 5.4% in 2022 on a yearly basis, its chief economic minister told a business conference ahead of the G20…
NUSA DUA, Indonesia (Reuters) -Elon Musk will join the G20 summit in Indonesia’s Bali virtually rather than in person, an official from the Indonesian Chamber of Commerce told CNBC Indonesia…
DETROIT (Reuters) – Indonesia is in discussions with Ford Motor Co and Hyundai Motor Co to establish operations related to electric vehicles in the Southeast Asian country, Indonesia Coordinating Minister…
By Fransiska Nangoy and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s exports could hit a record $280 billion this year, with nickel-based steel shipments rising sharply after the country banned nickel…
By Stanley Widianto and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a $32 billion project to build a…
By Devayani Sathyan BENGALURU (Reuters) – Bank Indonesia (BI) will deliver a second successive half-point interest rate hike on Thursday in an attempt to catch up with its peers and…
JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed…
JAKARTA (Reuters) – Indonesia’s central bank governor said on Wednesday the cross border payment program between five ASEAN countries, namely Thailand, Singapore, Malaysia, Philippines and Indonesia will be fully connected…
(Corrects spelling of ‘police’ in first paragraph) JAKARTA (Reuters) – Indonesia’s police chief in East Java province said on Sunday that 127 people had died and 180 were injured after…
JAKARTA (Reuters) – Indonesia’s central bank has continued with its “triple intervention” to guard against excessive falls in the rupiah exchange rate, with a focus on intervening in the domestic…
JAKARTA (Reuters) – Indonesia’s central bank is always in the foreign market with its “triple intervention” measures to prevent any excessive fall in the rupiah currency, a senior official said…
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to rein in inflation after the…