‘Jokowi effect’: How Indonesia’s outgoing leader shaped election to succeed him
By Kate Lamb SEMARANG, Indonesia (Reuters) – His name is not on the ballot, but Indonesia’s wildly popular President Joko Widodo, or “Jokowi”, looms large over Wednesday’s election in the world’s third-largest…
Explainer-What’s at stake with Indonesia’s controversial jobs creation law?
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Indonesia’s parliament is set to revisit a contentious Job Creation law to comply with a court order to fix procedural flaws during its 2020…
Indonesia’s inflation inches up in May, stays within central bank target
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA – Indonesia’s inflation rate accelerated slightly in May due to rising food prices and airfares, official data showed on Thursday, roughly in line with market…
Why Indonesia’s palm oil export ban has not cooled cooking oil prices
By Bernadette Christina and Fransiska Nangoy (Reuters) – Indonesia, the world’s biggest palm oil exporter, has since April 28 halted shipments of the edible oil in a bid to flood the domestic…
Indonesia’s flip-flops give Malaysia edge in top palm oil market India
By Rajendra Jadhav and Mei Mei Chu MUMBAI/KUALA LUMPUR – Indonesia’s “unpredictable” palm oil export policies may help Malaysia emerge as the dominant supplier to India, the world’s top buyer of the…
Indonesia’s foreign direct investment surges 32% y/y in Q1
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Foreign direct investment (FDI) in Indonesia soared 31.8% on a yearly basis in the first quarter in rupiah terms, the country’s investment minister said…
Indonesia’s palm oil export ban leaves global buyers with no plan B
By Rajendra Jadhav MUMBAI – Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek alternatives, already…
Indonesia’s Indrawati, former World Bank COO, joins chorus calling for reforms at World Bank
By Andrea Shalal and David Lawder WASHINGTON – Indonesian Finance Minister Sri Mulyani Indrawati on Friday joined a growing chorus of officials calling for reforms aimed at better equipping the World Bank…
Walkout by U.S., others did not derail G20 meeting’s focus, Indonesia’s Indrawati says
(Reuters) – A walkout by officials from the United States, Britain and Canada over Russia’s participation in a meeting of finance officials from the world’s 20 biggest economies did not derail the…
Indonesia’s wealth fund signs $2.7 billion toll road investment
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA – Indonesia’s sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth more than…
Indonesia’s GoTo falls as low as 3.14% on 2nd day of trading
JAKARTA – Shares of Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia fell as much as 3.14% on its second day of trading on Tuesday, after raising $1.1 billion in an initial…
Separatists in Indonesia’s Papua kill 8 workers at telecom tower
JAKARTA – Separatists in Indonesia’s easternmost region of Papua have killed eight technicians who were working on fixing a telecommunications tower in a mountainous area, security officials and a spokesman for a…
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