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REUTERS 2022-07-22T20:49:02+00:00

Indonesia seeks to crack down on "unhealthy" peer-to-peer lenders

Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a booming online lending sector beset by consumer complaints.

REUTERS 2022-04-01T03:20:57+00:00

Pertamina price hike of 92-gasoline may shift Indonesia consumption

Indonesia's state energy firm PT Pertamina raised on Friday the price of its 92-octane gasoline grade in line with higher global crude prices, but some economists warned that the move may cause a shift in consumption to cheaper subsidised fuels.

REUTERS 2022-11-24T09:17:13+00:00

Indonesia to use excess budget cash to rein in 2023 borrowing

Indonesia will accumulate excess cash in this year's budget and use it to help reduce borrowing in 2023, when it expects to face market volatility and a weakening global economy, its finance minister said on Thursday.

REUTERS 2021-03-18T10:14:16+00:00

Indonesia c.bank keeps rates steady to support wobbly rupiah

Indonesia's central bank kept its key interest rate steady at a record low on Thursday, holding fire after a bout of monetary support during the pandemic, and pledged to strengthen currency intervention amid global market uncertainty.

REUTERS 2022-08-02T09:09:37+00:00

Tourism workers strike as Indonesia hikes fee to see rare dragons

Hundreds of Indonesian tourism workers were on strike on Tuesday over a hefty hike in ticket prices to see the country's famous Komodo dragons, a move the government insists is to preserve the habitat of one of the world's largest lizards.

REUTERS 2024-09-03T07:17:37+00:00

Indonesia lean on Dutch-born contingent in quest for World Cup return

Indonesia's challenge for a first World Cup appearance in almost 90 years takes on a distinctly Dutch flavour when Shin Tae-yong's side face Saudi Arabia on Thursday hoping to ignite dreams of a long-awaited return to the game's greatest stage.