Business
Indonesia’s moment of truth creates space for India-style rally
The core issues, chronically low free float and thin liquidity, have long weighed on the market’s appeal A looming MSCI downgrade has…
Tag
Indonesias
Business
Indonesia's 2025 GDP growth estimated at targeted 5.2%, finance minister says
Overall GDP growth in Indonesia is expected to have met the 5.2 per cent target for 2025 despite widespread destruction caused by floods…
Unsorted
Indonesia’s captive power plants putting energy transition at risk, researchers say
Efforts to decarbonise Indonesia’s power sector have been put at risk by a faster than expected increase in the number of off-grid coal…
Business
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
Business
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion Indonesian miner Merdeka Gold Resources has…
Business
Indonesia’s rupiah hits record low on central bank independence worries
Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after…
Business
Indonesia’s tin exports surge as supply concerns dissipate
The global market for mined tin will swing to a surplus next year thanks to rising mine supplies, according to Mysteel INDONESIA’S exports…
Business
Indonesia’s vow to balance currency, growth may cushion rupiah
Heavy selling of Indonesian bonds since September has reduced US$4.6 billion of net bond inflows to a gain of merely US$20 million Bank…
Unsorted
Indonesia’s Jakarta now the world’s largest city, Tokyo falls to third: UN
A new United Nations report has found that Indonesia’s capital Jakarta is the world’s largest city with 41.9 million people living there,…
Business
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets. Indonesia’s largest social security fund is…
Business
Indonesia’s instant noodle players take off as global markets expand with rise of ‘super-premium’ packs: report
Analysts are cautious on other Asian brands Nissin Foods and Uni-President China, however Instant noodle brands from Indonesia are fierce,…
Business
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In…
Business
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its…
Business
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk network
Chandra Asri Pacific said on Friday (Oct 24) that it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore.…
Business
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk chain
Chandra Asri Pacific said on Friday (Oct 24) that it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore.…
Business
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its…
Business
Bank Indonesia’s heavy bond buying to continue, analysts say
Banks own around 22 per cent of all government bonds in the country, according to finance ministry data Indonesia’s central bank will buy…
Business
Indonesia’s central bank faces growing threats to independence
As governments look to raise spending and borrow more, investors have reacted by selling longer-dated bonds in US, Europe and Japan…
Business
Indonesia’s healthcare moment is now
With rising demand, bold reforms and a digital backbone now in place, Indonesia is opening its doors to long-term healthcare investment…
Business
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out…
Business
Merdeka Gold set for debut after Indonesia’s largest IPO of the year
Merdeka Gold Resources is set to begin trading in Jakarta on Tuesday (Sep 23) after the miner wrapped up Indonesia’s largest initial…
Business
Tycoon-backed Merdeka Gold shares soar on Indonesia’s biggest IPO this year
The miner is developing the Pani Gold Project in Gorontalo, poised to become one of the country’s largest gold mines and a major driver of…
Business
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Business
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…