ACHIEVING RECIPROCAL TRADE: Today, the Trump Administration finalized a landmark trade agreement with Indonesia that will provide Americans with unprecedented market access and unlock major ...
Indonesia's Finance Minister Purbaya Yudhi Sadewa on Friday said he did not order state banks to raise their U.S. dollar deposit rate to 4%, and that the government was still considering what incentives to offer to bolster the domestic U.S. dollar supply.
Indonesian rescuers on Thursday temporarily halted a search for 30 people still missing after a ferry carrying 65 people sank near the island of Bali with the loss of six lives, the national search and rescue agency said.
Badminton powerhouse Indonesia have been "withdrawn" from the prestigious All England Open after British health authorities instructed the team to self-isolate for 10 days, the Badminton World Federation (BWF) said on Wednesday.
Indonesia's central bank will pause its easing cycle on Wednesday according to a Reuters poll of economists published a week after the removal of Finance Minister Sri Mulyani Indrawati rattled investor confidence and weakened the rupiah.
Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting on Thursday, still moving more slowly than most of its peers in trying to bring down inflation, a Reuters poll forecasts.
Indonesia's 2022 trade surplus will likely be its biggest on record, but next year the gap is expected to narrow to about $38.3 billion to $38.5 billion, a trade ministry official said on Tuesday.
Indonesian authorities arrested three judges who acquitted three palm oil companies of charges of corruption in obtaining export permits, an official said on Monday, following the arrest of a local court's chief judge on bribery charges in the same matter.
Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the United States was positive for Southeast Asia's biggest economy amid weakening global trade and slowing domestic demand.
Indonesia may raise fuel prices by 30% to 40% to manage fiscal pressure from a ballooning subsidy budget, three lawmakers from parliament's energy committee told Reuters on Friday.
Indonesia's central bank kept policy rates steady on Wednesday to stabilise the rupiah and keep inflation within target, but said it would be patient over its next moves, with room to cut rates dependent on the currency.
Sovereign wealth fund Danantara Indonesia expects to invest up to $14 billion this year using dividends from businesses it already owns, its chief investment officer told Reuters, while also planning a second bond issue in the next couple of months.
Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.
Good news was in short supply at last week’s United Nations General Assembly, as its Secretary-General Antonio Guterres excoriated leaders for a failure to tackle multiple crises, including climate and biodiversity loss, thanks to a swathe of geopolitical tensions.
Ducati's Francesco Bagnaia battled heroically from 13th on the grid to win a thrilling Indonesia Grand Prix in Mandalika on Sunday, as he reclaimed the lead in the riders' championship after Jorge Martin crashed out.
Bank Indonesia will keep its key policy rate unchanged at a Feb. 20-21 meeting over subdued inflation and an improving outlook for the currency, according to a Reuters poll of economists who predicted the first rate cut to come next quarter.
Several economists said on Thursday that they expected more aggressive easing by Indonesia's central bank after this week's surprise rate cut, with many noting the governor's determination to boost growth in Southeast Asia's biggest economy.
The next two weeks are critical for the success of Indonesia's efforts to rein in the coronavirus, as infections could rise until Saturday's tougher curbs, affecting more than 100 million people, begin to show results, a minister said.
Iran has asked Indonesia to provide details about the seizure of an Iranian-flagged vessel, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said on Monday, a day after Jakarta said it had seized Iran and Panama-flagged tankers in its waters.
Indonesia is committed to rehabilitate 12 million hectares (29.65 million acres) of degraded land and potentially integrate new tree-planting efforts with its plan to develop carbon offset projects, its forestry minister said in a statement on Tuesday.
Indonesia's central bank is focused on pushing economic growth without compromising on price stability, including the exchange rate, a senior official said on Wednesday, as the rupiah weakened again amid rising tensions between India and Pakistan.