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Global funds hit pause on Indonesia after Prabowo policy changes
Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not…
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Indonesia
Business
Apple's iPhone 16 hits Indonesia stores after months long ban
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday (Apr 11) after Apple’s latest smartphone went on sale following a…
Business
Bank Indonesia will act boldly to maintain rupiah stability
Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and…
Culture
Indonesian Animation ‘Jumbo’ Breaks Records, Heads for Global Release
Indonesian animated feature “Jumbo” has shattered local box office records, becoming the highest-grossing Indonesian animated film of all…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and…
Business
Apple says Indonesia iPhone sales ban ends in April
The country has also banned the sale of Google Pixel phones for failing to meet the 40 per cent local parts requirement Teach giant Apple…
Business
Indonesia to use one million African weevils to spur palm output
Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply…
Business
Indonesia accelerates transfer of confiscated palm plantations to state company
The plantations being given to state firm Agrinas are part of an area of around one million hectares the task force has confiscated…
Business
Indonesia intervenes as rupiah falls to Asian crisis lows
Indonesia’s central bank stepped into the currency market to defend the rupiah on Tuesday (Mar 25), as growing concerns over politics,…
Culture
Indonesia Unveils New Cultural Blueprint With Focus on Film Industry Growth (EXCLUSIVE)
Indonesia’s first-ever Minister of Culture, Fadli Zon, has outlined an ambitious blueprint for the nation’s cultural growth, with special…
Business
Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says
Indonesia’s economic growth has hovered at around 5 per cent in the past few years The role of the Indonesia’s central bank must be…
Business
SGX listcos with Indonesia exposure stay resilient amid market meltdown
While a market meltdown in Indonesia has rattled investor confidence, Singapore-listed companies with sizable exposure to the country have…
Business
Global funds exiting South-east Asia as Indonesia sell-off hurts safe haven appeal
Once touted as a haven for investors to navigate Donald Trump’s tariff wars, South-east Asia has all but lost that appeal as a region-wide…
Business
Goldfinch Stakes Claim in Indonesian Creative Economy With Government-Backed Venture (EXCLUSIVE)
U.K. entertainment financier Goldfinch is making power moves in Southeast Asia’s largest market, inking a landmark joint venture to launch…
News
Indonesia amends mining law to boost access, support processing
Indonesia is a major coal exporter and has rich deposits of tin, copper and bauxite, among other metals INDONESIA’S parliament on Tuesday…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Business
Bank Indonesia says liquidity measure will support government housing goal
Bank Indonesia has been using similar liquidity measures to spur credit growth since 2023 INDONESIA’S central bank said it will increase…
Culture
Netflix Unveils 2025 Southeast Asian Slate With Thai Zombies, Indonesian Queens and High Society Murders
Netflix has revealed its slate of original series and films from Thailand and Indonesia set to premiere throughout 2025, as the streaming…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Business
Indonesia fines Google 202 billion rupiah for unfair business practices
INDONESIA’S antitrust agency on Tuesday (Jan 21) ordered Google to pay fines about 202 billion rupiah (S$16.8 million) for unfair business…
Business
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for…
Business
Siloam International Hospitals expresses intent to acquire First Reit’s Indonesia hospital portfolio
THE manager of First Real Estate Investment Trust (Reit) said on Monday (Jan 13) that it received a preliminary non-binding letter of…
Business
Apple executives discuss potential investment in Indonesia
Indonesia's Industry Minister Agus Gumiwang Kartasasmita reportedly held talks recently with Apple executives about the company's…