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REUTERS 2025-03-27T09:07:03+00:00

Indonesia seeks to calm investors after stocks, rupiah slide

Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia's biggest economy following a stock market selloff and currency slump, an official said on Thursday.

REUTERS 2022-12-04T22:28:02+00:00

Indonesia evacuates villagers as volcano erupts on Java island

A volcano erupted in Indonesia on Sunday spewing a cloud of ash 15 km into the sky and forcing the evacuation of nearly 2,000 people, authorities said, as they issued their highest warning for the area in the east of Java island.

REUTERS 2021-02-12T03:57:21+00:00

Indonesia to give tax incentives for sales of some cars

Indonesia will temporarily remove a luxury tax on sales of some cars to bolster its automotive industry, which has been badly hit by mobility restrictions to contain the coronavirus epidemic, its economic ministry said.

REUTERS 2022-09-13T13:43:31+00:00

Nickel miner Vale Indonesia signs HPAL deal with China's Huayou

Nickel miner PT Vale Indonesia on Tuesday signed an agreement with China's Zhejiang Huayou Cobalt to build a second high-pressure acid leach (HPAL) plant to produce nickel material used in batteries to power electric vehicles.

REUTERS 2022-08-11T11:49:20+00:00

Indonesia asks Pertamina to limit subsidised fuel sales

Indonesia's government has asked state energy firm Pertamina (PERTM.UL) to limit its sales of subsidised fuels so as not to increase pressure on energy subsidies, Finance Minister Sri Mulyani Indrawati said on Thursday.