Business
Indonesian miners halt spot coal exports over proposal to cut output
Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure…
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Indonesian
News
Singapore to Review Adoption Safeguards Amid Probe into Alleged Indonesian Baby Trafficking Ring
Singapore will assess whether its child adoption processes need to be tightened once investigations into the alleged trafficking of…
Business
Indonesian stocks fall after last week’s dramatic shake-up, US$80 billion rout
Indonesian stocks slid on Monday after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80…
Business
Indonesian stocks fall 6% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Danantara to continue investing in Indonesian stocks after rout
Many of the country’s largest companies are thinly traded and controlled by a small number of wealthy individuals Indonesia’s Danantara…
Business
Goldman Sachs cuts rating on Indonesian equities after MSCI flags investability risk
Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks,…
Business
Indonesian equities plunge after MSCI flags ownership, free float concerns
Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices Jakarta…
Business
MSCI rule shift may spur US$2 billion exit from Indonesian stocks
Global funds may withdraw more than US$2 billion from Indonesian equities in the coming months if MSCI proceeds with a change to its…
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Artificial Intelligence Model Sheds New Light on Indonesian Throughflow, Pinpoints Key Strait for Monitoring
Scientists have developed a new artificial intelligence (AI)–based approach to better understand the Indonesian Throughflow, a major ocean…
Business
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Business
Indonesian independence celebrations falsely shared as Christmas Day event at Jakarta mosque
Old footage of an event at the Istiqlal Mosque in Jakarta to commemorate Indonesia's independence has resurfaced in posts falsely claiming…
News
23-Year-Old Indonesian Man, Jailed, Caned for Helping 5 People Enter Singapore Illegally
A 23-year-old Indonesian man was sentenced to eight months' jail and three strokes of the cane by a Singapore court on Wednesday, December…
Business
Shell resumes Indonesian sales after restrictions curbed supply
Shell has resumed petrol sales at its retail stations in Indonesia after import restrictions curbed supply and left its outlets…
Business
Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds
Indonesian sovereign wealth fund Danantara is raising an additional 12.6 trillion rupiah (S$991 million) through a debt offering to the…
Business
Foreigners turn net sellers of Indonesian bonds on fiscal fears
Indonesia is now the only South-east Asian market seeing net foreign bond outflows this year Global funds have turned net sellers of…
Business
Indonesian bonds hit by foreign fund outflows on policy woes
Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase…
Business
Indonesian bonds seen extending rally on rate-cut expectations
Indonesian bonds have room to rally further, according to strategists, on expectations of further interest-rate cuts by the central bank.…
Business
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Equator Renewables Asia – a new…
Business
Indonesian bonds are top pick for Schroders on Purbaya, BI bets
Schroder Investment Management favours Indonesian bonds and the rupiah as its top picks in Asia, betting that government efforts to boost…
Business
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage,…
Business
Posts falsely claim AI video shows moment Indonesian school collapsed
After part of a multi-storey Islamic boarding school in Indonesia collapsed while students gathered for afternoon prayers, an AI-generated…
Business
Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal
TikTok has been fined 15 billion rupiah (S$1.15 million) for the late reporting of its acquisition of e-commerce platform Tokopedia,…
News
Indonesian Man, 49, Gets Jail, Caning for Illegal Swim into Singapore from Batam
A 49-year-old Indonesian man was sentenced to six weeks' jail and three strokes of the cane on Tuesday, September 16. Jamaludin Taipabu,…