Page 5 - Indonesia

Indonesia producers trimming palm oil stocks with discounts, India sales

Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, industry officials said

Indonesia's fuel price hike affects tourism sector after rising inflation

Indonesia's inflation at the end of August reached 4.6% year on year, slightly lower than the previous month's 4.9%, and both figures exceeded the central bank's target range from around 2 to 4%

Indonesia's plan to shut coal plants over next 30 yrs struggles for support

The Southeast Asian country plans to eliminate 15 Gigawatt of coal-generation over that time, requiring more than $600 billion of capital support, said Erick Thohir

At G20 meeting, Indonesia calls for global fund to develop cultural economy

The initiation was put forward on Monday by Hilmar Farid, Director General of Culture of the Education, Culture, Research and Technology Ministry during the G20 Culture Ministers' Meeting

Strong earthquake jolts western Indonesia; no casualty reported yet

A powerful earthquake struck off Indonesia's western province of West Sumatra today, but did not leave casualties, officials and an agency said

6.2-magnitude quake jolts Indonesia's Papua, no potential for tsunami

A massive earthquake measuring 6.2 on the Richter scale jolted Indonesia's eastern province of Papua on Saturday, but did not potentially trigger a tsunami, the country's meteorology agency said.

Indonesia hikes fuel prices by 30% across country, cuts energy subsidies

Fuel prices increased by about 30 per cent across Indonesia on Saturday after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia's largest economy among the world's lowest. Indonesians have been fretting for weeks about a looming increase in the price of subsidised Pertalite RON-90 gasoline sold by Pertamina, the state-owned oil and gas company. Long lines of motorbikes and cars snaked around gas stations as motorists waited for hours to fill up their tanks with cheaper gas before the increase took effect on Saturday. The hike the first in eight years raised the price of gasoline from about 51 cents to 67 cents per litre and diesel fuel from 35 cents to 46 cents. President Joko Widodo said the decision to increase the fuel prices was his last option as the country's energy subsidy had tripled this year to 502 trillion rupiah (USD 34 billion) from its original budget, triggered by rising global prices of oil and gas. The government has

World Coconut Day 2022: Wishes, WhatsApp status and top 10 facts

World Coconut Day 2022: World Coconut Day will be celebrated globally to acknowledge the importance of coconuts in our life. What is its origin? Why is it celebrated? Read this article to know better

6.4 magnitude quake jolts Indonesia, no tsunami alert issued

A strong earthquake measuring 6.4 on the Richter scale jolted Indonesia's West Sumatra province

China's tensions with Indonesia may spike over Natuna Islands issue

Indonesian president Widodo Joko even signed an order to divide the Natuna marine area into regulated zones

India committed to importing 2.6 mn tonnes of palm oil products: Indonesia

India is committed to importing 2.6 million tonnes of palm oil products worth $3.16 billion, Indonesia's trade minister said in a statement on Tuesday

Jaishankar wishes Indonesian, Gabonese foreign ministers on their I-Day

External Affairs Minister, S Jaishankar extended his wishes to the Foreign Ministers of Indonesia and Gabon on their Independence Day and expressed confidence in the bilateral ties with both nations

Magnitude 5.7 quake shakes eastern Indonesia; no serious damage reported

An undersea earthquake shook part of eastern Indonesia on Sunday, but there were no immediate reports of serious damage or casualties. The U.S. Geological Survey said the 5.7-magnitude quake struck about 158 kilometers (98 miles) off Laikit village in North Sulawesi province. It said the quake was centered about 30 kilometers (18.6 miles) beneath the sea. The Indonesian Meteorology, Climatology and Geophysical Agency, which put the quake at 5.9-magnitude and 10 kilometers (6.2 miles) depth, said the quake was unlikely to trigger a tsunami. Indonesia, a vast archipelago of 270 million people, is frequently struck by earthquakes, volcanic eruptions and tsunamis because of its location on the "Ring of Fire, an arc of volcanoes and fault lines that arcs the Pacific. In February, a magnitude 6.2 earthquake killed at least 25 people and injured more than 460 in West Sumatra province. In January 2021, the same magnitude earthquake also killed more than 100 people and injured nearly 6,500

Indonesia postpones $252 Komodo Island entry fee after operators' strike

Indonesia has postponed a steep increase to the entry fee for Komodo Island, home to the giant lizards known as Komodo dragons, following a strike by tourism operators.

Indonesia says Tesla struck $5-billion deal to buy nickel products

Southeast Asia's biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves

US, Indonesia hold joint military drills amid growing China concerns

The US and Indonesian militaries began annual joint combat exercises Wednesday on Indonesia's Sumatra island, amid growing maritime activity by China in the Indo-Pacific region.

4 mn Indonesian medical workers to get 4th dose of Covid-19 vaccine

Four million medical workers will receive a fourth dose of the Covid-19 vaccine amid increasing transmissions triggered by the virus' sub-variants in Indonesia said Health Minister Budi Gunadi Sadikin

Indonesian court rejects call to legalise medicinal use of cannabis

The country's top court did crack the door for potential future use of cannabis for health conditions by ordering the government to review the way it categorizes narcotics

Earthquake of magnitude 5.4 hits Bengkulu in Indonesia: US Geo Survey

An earthquake with a magnitude of 5.4 jolted 46 km southwest of Bengkulu in Indonesia on Tuesday, the US Geological Survey said.The tremor was felt at 2346 GMT and the epicentre, with a depth of 57.17 km, was initially determined to be at 4.1899 degrees south latitude and 102.1095 degrees east longitude.Back in April, there were two earthquake incidents took place.On April 19, an earthquake with a magnitude of 6.0 on the Ritcher scale hit Indonesia's Sulawesi."Earthquake of Magnitude: 6.0, Occurred on 19-04-2022, 06:53:13 IST, Lat: 7.20 & Long: 127.0, Depth: 50 Km, Location: 779km NNE of Kotamobagu, Sulawesi, Indonesia," NCS tweeted.While in April 5, a 6.0-magnitude earthquake jolted Indonesia's eastern province of North Maluku.In February, at least 10 people were killed and about 13,000 others displaced after a 6.1-magnitude quake rocked Indonesia's western province of West Sumatra.Pasaman district and Pasaman Barat district were the hardest hit by the tremor, according to the

Meta, Google agree to abide by Indonesian tech rules amid blocking threat

The Indonesian authorities had warned to block Big Tech platforms in several days if they fail to register with the country's Ministry of Communications and Informatics.