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Indonesia's exports hit a record high of $21.42 billion in August, boosted by surging commodity shipments, helping Southeast Asia's biggest economy post its largest ever monthly trade surplus, official data showed.
U.S. President Donald announced a trade agreement with Indonesia that would see Washington lower its tariff rates to 19% from a threatened 32%.
Indonesia Palm Oil Association (GAPKI) expects this year's exports of palm oil to be lower than the 34 million tonnes recorded in 2021, due to various policy changes this year, official Fadhil Hasan said on Wednesday.
Palm oil production in the world's largest producers, Indonesia and Malaysia, will remain squeezed this year amid anticipation of rising demand from key market China, industry officials said in a seminar on Thursday.
Malaysia's palm oil stocks are expected to decline in the coming months, ending the year at around 1.7 million metric tons, as a seasonal slowdown in production coincides with rising exports to meet festive season demand, the industry regulator said.
Hundreds of activists gathered in the streets of Indonesia's capital Jakarta on Friday, questioning the government's commitment to tackle global warming after it appeared to back away from pledges made at an ongoing UN climate conference.
Progress in combating deforestation remains "unacceptably slow" but governments in Brazil and Indonesia are increasingly engaging with investors about how to halt forest loss, an investor group set up to stop deforestation said on Wednesday.
Foreign direct investment (FDI) in Indonesia rose 63.6% on a yearly basis in the third quarter in rupiah terms, its investment minister said on Monday, boosted mainly by development of resources processing.
Indonesia has agreed to grant copper miner Amman Mineral International a permit to export copper concentrate, a spokesperson for the energy ministry said on Tuesday, adding that the permit is now going through the administrative process.
Overall GDP growth in Indonesia is expected to have met the 5.2% target for 2025 despite widespread destruction caused by floods late last year, though growth was estimated to have been quicker in the fourth quarter, the finance minister said on Tuesday.
Indonesia coach Shin Tae-yong believes his team can continue to challenge for a place at the World Cup finals, despite reaching the halfway point in Asia's third round of preliminaries bottom of their qualifying group.
Top Chinese diplomat Wang Yi proposed high-level talks between China, Japan and South Korea in a meeting with the Japanese foreign minister in Indonesia this month, Kyodo news agency reported on Sunday.
China's Chengtun Mining Group Co Ltd said on Thursday it would invest $245 million in a project to make nickel matte in Indonesia as a raw material for electric vehicle (EV) battery chemicals.
Kimberly-Clark Corp said on Thursday it would buy diaper maker Softex Indonesia for $1.2 billion in cash from a group of shareholders that includes CVC Capital Partners Asia Pacific, as it looks to boost its presence in South East Asia.
A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding steady while the outlook for U.S. rates again rises.
Morgan Stanley (MS.N) plans to close its Indonesian onshore institutional equities trading business, the investment bank said on Thursday in response to Reuters queries.
Singapore Telecommunications (Singtel) said on Thursday it is in talks to integrate PT Telkom Indonesia (Persero) Tbk's fixed broadband business with PT Telekomunikasi Selular (Telkomsel).
Freeport-McMoRan Inc (FCX.N) Chief Executive Richard Adkerson said on Thursday he is "encouraged" by signs of improving relations between the world's two biggest economies, including the talks held this week between U.S. President Joe Biden and Chinese President Xi Jinping.
Indonesia's crude and refined palm oil exports surged 62.2% in February from a month ago to reach a four-month high, the statistics bureau said on Monday, as Jakarta's move to lower export taxes attracted buyers away from Malaysia.
Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December.