Page 9 - Indonesia

'G20 finance chiefs to warn of inflation, geopolitical risks'

The talks were held both virtually and in Jakarta and G20 finance leaders intend to issue the final communique after their meeting ends on Friday

Indonesia records first annual current account surplus in a decade

Indonesia's persistent current account deficits and reliance on foreign portfolio inflows to fund them were among the main contributors to the volatility of the rupiah currency in the past

G-20 finance meeting: Indonesian PM Widodo calls for global unity

The G-20 financial gathering comes as many economies are treading a precarious path between raising costs of borrowing to cool inflation and helping to support recoveries from the pandemic

Indonesia urges G20 collaboration as Ukraine crisis overshadows gathering

Joko Widodo, president of host country Indonesia, urged G20 nations to focus on collaboration to revive a global economy that is 'still shaken' from the pandemic

Indonesia's coal export ban nearly wipes out January trade surplus

Authorities on January 1 announced an unexpected suspension of all coal exports due to critically low inventory of the fuel at domestic power plants

United States approves major $14 billion arms sale to Indonesia

U.S. military sales to Indonesia have, however, come under scrutiny and been delayed before over human rights issues

India struggles to contain vegoil prices as Indonesia restricts exports

Mindful of an electorate that is highly sensitive to food price inflation, India's government tried to rein in domestic prices by reducing import taxes

6.2-magnitude quake strikes off eastern Indonesia, no tsunami alert

The quake struck at 4:25 a.m. Wednesday local time

Indonesia's sinking, congested capital is moving to new city

In constructing a purpose-built capital, Indonesia will be taking a path that others have in the past, including Pakistan, Brazil and Myanmar

Indonesia starts construction of $2.3 billion coal gasification plant

In 2021, Indonesia consumed 7.95 million tonnes of LPG, 6.4 million tonnes of which were imported,

Indonesia reports first two deaths from Omicron Covid-19 variant

Indonesia's Health Ministry confirmed the first two deaths from the Omicron coronavirus variant amid a spike in cases triggered by the more infectious virus.

Singtel buys minority stake in Indonesian bank for about $35 mn

Singapore Telecommunications, Southeast Asia's largest telecommunications operator, said it has bought a 16.3% stake in PT Bank Fama International for 500 billion rupiah ($34.9 million)

G20 to play key role in development of global health infra: Joko Widodo

He said the International Monetary Fund (IMF) should be tasked to mobilise resources to revitalise global health architecture

Covid-19 pandemic: Indonesia reports 850 new cases, 8 more deaths

The rate of the country's national vaccination continues to rise

Indonesia expects 2022 fiscal deficit to shrink to 4.3% of GDP: Report

A smaller fiscal deficit means the government could reduce its bond issuance target for 2022

Indonesia hopes to decide on coal export resumption in coming days: Min

Southeast Asia's biggest economy suspended coal exports on Jan 1 after state power utility PLN reported critically low inventory levels of the fuel, putting it on the brink of widespread power outage

Indonesian authorities hold talks on coal distribution problems, export ban

Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that have slowed efforts to distribute coal to domestic power plants

Global natural gas shortage worsens as India, Indonesia join the hunt

Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders

5.8-magnitude earthquake strikes Sulawesi province in central Indonesia

A 5.8-magnitude earthquake struck off Southeast Sulawesi province in central Indonesia early Wednesday

Indonesia warns coal supply crunch not over as China prices rally

Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday's review of its export ban