Indonesia

G20 summit: Eight things to watch for as global leaders meet in Bali

This G20 gathering comes against the backdrop of Russia's war in Ukraine, plus increasingly confrontation between the US and China, and tensions over oil supply between the US and Saudi Arabia.

Potential US recession signal sets off global rush into Indonesian bonds

With the US and Indonesian central banks seen approaching the end of their respective hiking cycles, inflows looking for higher carry returns are likely to keep increasing in the second quarter

Earthquake of 6.4-magnitude jolts Indonesia, no casualties reported

An earthquake measuring 6.4 on the Richter scale struck off Indonesia's western province of North Sumatra, leaving no damage or casualties, according to a local official

Indonesia's Natuna islands' landslide death toll hits 32, 22 still missing

Rescue workers recovered more bodies buried under tons of mud following a landslide that crashed onto a hilly village on Indonesia's remote Natuna islands, bringing the death toll to 32, officials said Thursday. The landslide, triggered by torrential downpours, plunged down surrounding hills on Monday, burying 30 houses in Genting village on a tiny remote island in the Natuna archipelago at the edge of the South China Sea, the National Search and Rescue Agency said in a statement. Authorities have deployed nearly 700 rescuers, including police and military, with heavy equipment to search for 22 people still missing who were apparently trapped in houses that were buried under the landslide, which was 4 meters (13 feet) deep, said Abdul Rahman, who heads Natuna's search and rescue agency. Improved weather allowed us to recover more bodies, Rahman said in a video statement. Eight people were pulled out alive with injuries, three of whom are in critical condition, National Disaster ...

Here's why Indonesia moving its capital from Jakarta to Borneo island

Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is in the process of leaving, moving Indonesia's capital to the island of Borneo. Indonesian officials say the new metropolis will be a sustainable forest city" that puts the environment at the heart of the development and aims to be carbon-neutral by 2045. But environmentalists warn that the capital will cause massive deforestation, threaten the habitat of endangered species such as orangutans and imperil the homes of Indigenous communities. While access to the new capital's site is usually limited, The Associated Press was allowed to tour parts of the site to view construction progress in early March. Here's a look at why the capital is moving, the government's plans and why activists are worried about how it will impact the environment, endangered species and Indigenous communities located near the project site. WHY IS INDONESIA MOVING ITS CAPITAL? Jakarta is home to

Landslide in Indonesia's Natuna regency kills at least 11; dozens missing

A landslide caused by torrential rain killed at least 11 people and left dozens of others missing on an island in Indonesia's remote Natuna regency on Monday, disaster officials said. Tons of mud fell from surrounding hills onto houses in Serasan village in Natuna. Rescuers recovered at least 11 bodies and authorities fear that the death toll will rise, National Disaster Mitigation Agency spokesperson Abdul Muhari said. Many people who need help have not been reached because we still have difficulty accessing the affected areas, Muhari said, adding that authorities estimated that about 50 people were still missing. Dozens of soldiers, police and volunteers joined the search in the village, on a remote island surrounded by choppy waters and high waves in the Natuna group at the edge of the South China Sea, said Junainah, who heads emergency relief operations at the local disaster agency. Downed communications lines and bad weather were hampering the rescue efforts, said Junainah, wh

Indonesian fishing ship capsizes in Indian Ocean, leaving 1 dead, 9 missing

The search and rescue operation by the personnel of the Bali office involved two ships. Poor weather conditions had hampered the mission, according to him

5.6-magnitude earthquake jolts Indonesia's western province of West Sumatra

A 5.6-magnitude earthquake hit Indonesia's western province of West Sumatra on Thursday, the country's meteorology, climatology and geophysical agency BMKG said

Earthquake of 6.8 magnitude jolts eastern Indonesia, no casualties reported

The earthquake occurred at 03:02 a.m. local time Friday with its epicentre located 133 km northwest of Morotai Island district and a depth of 112 km under the seabed, and did not trigger a tsunami

Digital lending firm Lentra enters Indonesia, Philippines, Vietnam

Company aims to reach $100 mn in annual recurring revenue by March 2024 in South East Asia nations

Indonesian govt promises move to clean energy, but challenges remain

In Indonesia's region of East Kalimantan, the country's dependence on coal is on full display. Driving on the region's toll road, passersby can watch excavators digging coal from shallow pits as trucks filled with the carbon-rich rocks rush by. Under a bridge in Samarinda, the region's capital, hundreds of mammoth, jet-black mountains of coal sit in barges being pulled along the waterway, headed to plants across Indonesia or other countries. They're sights that Indonesia has pledged to phase out or at least drastically reduce by agreeing to some five schemes with international stakeholders, including the largest-signed USD 20 billion Just Energy Transition Partnership deal. While the deals aim to turn one of the largest coal-producing countries toward its vast greener energy sources, experts warn that financial, policy, infrastructure and other challenges need to be overcome. Indonesia's energy transition is "very unique" because of high economic growth, geography, population ...

Govt coping with Indonesia's restrictions on palm oil exports: Officials

Last week, Indonesia said it will suspend some palm oil export permits to secure domestic supply as cooking oil prices rise ahead of upcoming Islamic festival Ramadan

6.0-magnitude earthquake jolts off central Indonesia's North Sulawesi

A 6.0-magnitude earthquake hit off Indonesia's North Sulawesi province on Saturday, but did not cause any damage or casualties, disaster agency officials and weather agency said

World's next debt disaster seen brewing in Indonesia's builder binge

The struggles are already reminding some analysts and investors of the high-profile debt debacles in China and South Korea last year, which were centered on the nations' developers

Sugar exports at 2.7 mn tonnes in FY23 so far; Bangladesh top market: AISTA

India has exported 27.83 lakh tonnes of sugar till February 9 of the ongoing 2022-23 marketing year, with Bangladesh and Indonesia being the top markets, trade body AISTA said on Thursday. Among other nations, India has exported 2.47 lakh tonnes of the sweetener to Djibouti, 2.46 lakh tonnes to Somalia and 2.06 lakh tonnes to the UAE during October-February 9 of the current marketing year, the All India Sugar Trade Association (AISTA) said in a statement. The sugar marketing year runs from October to September. The government has allowed export of 60 lakh tonnes till May of the 2022-23 marketing year. According to AISTA, mills have exported a total of 27,83,536 tonnes of sugar from October 1, 2022 to February 9 this year. About 4.24 lakh tonne is under loading, while 3.79 lakh tonne of sugar has been delivered to refineries, considered to be deemed export in the said period, it added. Sugar exports from India, the world's major sugar producing nation, stood at 112 lakh tonnes in t

Earthquake hits Indonesia, killing 4 people as restaurant collapses

A shallow earthquake shook Indonesia's easternmost province of Papua on Thursday, killing four people who were unable to escape when a floating restaurant collapsed into the sea. The US Geological Survey said the magnitude 5.1 earthquake hit residential areas in Jayapura, near Papua's northern coast and was centred at a depth of 22 kilometres (13 miles). Shallow quakes often cause more damage on the Earth's surface. The residents were really panicked. I was in a car, and I felt like the car's wheels were lifted up, said Tri Asih, a resident of Jayapura, Papua's capital. Officials said four people who were inside a floating restaurant died when the quake caused it to collapse into the sea. The bodies of the four victims have been recovered," National Disaster Mitigation Agency spokesperson Abdul Muhari said at a news conference. "The victims were trapped under the rubble of the cafe and covered by the roof. Rescue divers were searching the area around the cafeteria for possible ...

Indonesia president warns regulator to boost supervision after Adani rout

Widodo pointed to the depreciation of the rupee and capital outflows from India after the meltdown in stock market values of Adani Group companies

ASEAN foreign ministers to meet in Indonesia under shadow of Myanmar crisis

Southeast Asian foreign ministers are meeting in Indonesia's capital Friday for talks bound to be dominated by the deteriorating situation in Myanmar despite an agenda focused on food and energy security and cooperation in finance and health. Myanmar belongs to the 10-member Association of Southeast Asian Nations, but the annual ministers' retreat is being held in Jakarta without Myanmar's Foreign Minister Wunna Maung Lwin. The absence was forced by the fallout over Myanmar's lack of cooperation in implementing a five-step agreement made in 2021 between ASEAN leaders and Myanmar's military leader, Senior Gen. Min Aung Hlaing. In the agreement, Myanmar's military leaders promised to allow a special ASEAN envoy to meet the ousted and jailed leader Aung San Suu Kyi and others to foster dialogue aimed at easing the crisis. Last year, when ASEAN was chaired by Cambodia, Min Aung Hlaing was not invited to the November meeting of ASEAN leaders in Phnom Penh after Myanmar declined to let a

3-metre-high flood destroys dozens of homes in Indonesia, 1 killed

One person died after floods 80 to 300 cm high destroyed dozens of homes in Indonesia's North Sulawesi on Friday

Earthquake of magnitude 5.5 hits 162 km northwest of Tobelo, Indonesia

A 6.2-magnitude earthquake jolted the coast of Indonesia in the early hours on January 16