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Astra International

Astra has shown strong and sustained growth after Indonesia was hit by the Asian Financial Crisis in the late 1990s. This severe crisis forced the company to restructure and reorganize its business ...

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How TikTok Saved Its E-Commerce Business in Indonesia

When the government effectively forced TikTok to shut down its Shop feature, the company quickly struck an unusual deal with a local company to bring it back. Agata Pinastika Kenastuti’s children’s ...

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Indonesia Announces Hefty Tariffs on Chinese-made Goods

On Friday, a senior Indonesian official announced that the country would impose an import tariff of up to 200 percent on a range of Chinese goods, in order to protect the country’s micro, small, and ...

REUTERS 2020-12-11T14:37:10.454000+00:00

Indonesia holds regional polls under shadow of rising COVID-19 cases

Indonesians streamed into polling stations to vote in regional elections on Wednesday, with health experts warning of the risk of new coronavirus clusters emerging across the archipelago after authorities ignored calls to postpone the vote again.

REUTERS 2022-06-28T12:24:41+00:00

Indonesia palm oil firms to get bigger export quotas under new rules

Indonesian palm oil companies will be offered larger export quotas under new plans to adjust rules on local cooking oil sales, officials said on Tuesday, part of government efforts to improve domestic distribution after a months-long price crisis.

REUTERS 2025-02-19T09:57:10+00:00

Bank Indonesia pauses easing cycle, but says more cuts to come

Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global uncertainties, but said further easing to prop up economic growth is only a matter of timing.

REUTERS 2020-12-17T11:52:26+00:00

Indonesia c.bank holds key rates at final meeting of 2020

Indonesia's central bank kept interest rates steady on Thursday, holding fire after cutting five times this year and launching quantitative easing, but pledged to use all its instruments going forward to support a pandemic-hit economy.