Category: Indonesia
Road building to drive sales of heavy trucks in Indonesia
Increasing demand due to infrastructure improvement, fleet rejuvenation and lively domestic trade will drive up sales for medium and heavy-duty trucks in Indonesia, said [...]
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Editorial: Seizing the moment in Indonesia’s surging economy
These are exciting times for Indonesia’s equity market. The Jakarta Composite Index rose to a new record high on Friday amid positive sentiment from US and Japanese [...]
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Indonesia too important to avoid trips abroad: SBY
President Susilo Bambang Yudhoyono has defended himself against accusations that he went overseas too frequently, saying that if anything he was very selective about choosing [...]
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Tin exports from Indonesia drop for first time in three months
Refined tin shipments from Indonesia, the world’s largest exporter, declined for the first time in three months in February after rains disrupted mining. Exports [...]
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Asia Grains-Indonesia buys wheat; Indian soymeal prices rise
Indonesia bought 25,000 tonnes of Australian wheat for May shipment as global prices continued to slide this week, with improving weather across the US grain belt and other [...]
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Reserves slump to 2-year low
Bank Indonesia’s (BI) foreign exchange (forex) reserves fell to a two-year low in February due to the sharp increase in US dollar demand from local companies and an [...]
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Indonesia Holds Rate as Inflation Limits Scope to Support Growth
Indonesia kept interest rates unchanged for a 13th consecutive meeting as accelerating inflation reduced scope for the central bank to lower borrowing costs and support [...]
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Mitsubishi UFJ said to approach TPG about Indonesia bank
Mitsubishi UFJ (8306) Financial Group Inc. is among banks considering a purchase of TPG Capital’s $1.6 billion stake in Indonesia’s PT Bank Tabungan Pensiunan [...]
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Indonesia keeps interest rate at 5.75pct
Indonesia’s central bank left its benchmark interest rate unchanged at 5.75 percent for the 13th consecutive month on Thursday after inflation spiked at a 20-month high [...]
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Indonesia arrests five policemen over ‘torture’ video
Indonesian police arrested five policemen on Thursday over the alleged torture of militants after a video posted on YouTube showed a suspect being shot and others abused. The [...]
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Indonesia to import LNG by 2018 as demand rises, regulator says
Indonesia, the world’s third-largest exporter of liquefied natural gas, will start importing the fuel by 2018 to meet increasing domestic demand, according to the [...]
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Chinese fishermen on front line of marine dispute
The tropical waters of the South China Sea are among the most contested on Earth, but Chinese fishermen who sail in them shrug off the dangers of navigating between multiple [...]
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Mitsubishi UFJ said to approach TPG on Indonesia bank stake
Mitsubishi UFJ (8306) Financial Group Inc. is among banks considering a purchase of TPG Capital’s $1.6 billion stake in Indonesia’s PT Bank Tabungan Pensiunan [...]
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Luxury real estate prices are soaring in Indonesia
Jakarta and Bali, both in Indonesia, ranked high on real estate firm Knight Frank’s new index of price growth in the world’s luxury real estate markets. The [...]
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WWF Indonesia welcomes EU timber control
The World Wildlife Fund (WWF) Indonesia has welcomed the implementation of the European Union Timber Regulation (EUTR) which is aimed to prohibit illegal timber imports. The [...]
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