Archive for August 29th, 2020
The rise of the retail investor: A new force in Indonesia’s pandemic-hit stock market
Not deterred by the pandemic-induced market volatility, the number of retail investors in Indonesia’s stock market continues to rise with new investors hopeful of [...] » More
Smelters likely to be finished late because of lockdowns: Freeport
The development of two metal smelters by gold and copper mining firm PT Freeport Indonesia (PTFI) has fallen well behind schedule because of the pandemic-related lockdowns. [...] » More
Strong human resources can improve Indonesia’s economic growth: Jokowi
President Joko “Jokowi” Widodo hopes human resources development can serve as an opportunity for Indonesia to catch up with economic growth in other countries. [...] » More
Four dead, nine injured in gas explosion in North Sumatra
Four people are dead and nine severely injured after several LPG gas and oxygen cylinders at a welding workshop in Hamparan Perak District, Deli Serdang, North Sumatra, [...] » More
Indonesia expresses condolences over bomb attacks in Philippines
The Indonesian government has extended its deepest condolences to the people of the Philippines over the recent bomb attacks that killed at least 14 people and wounded 75 [...] » More
Government to raise $343m from retail sukuk SR013
The government launched on Friday retail sukuk SR013 to raise Rp 5 trillion (US$343 million) to fund the state budget in the face of the COVID-19 pandemic. The tradable debt [...] » More
Jakarta extends transitional PSBB period for fifth time to September 10
The Jakarta administration is extending the transitional period of large-scale social restrictions (PSBB) for another 14 days, beginning Friday to September 10. Governor [...] » More
BreakingviewsReview: Indonesia’s Jokowi learns limits to change
There are cruel limits to how much and how fast a nation can change. The constraints are vividly illustrated in the colourful journey of Indonesia’s Joko Widodo. There [...] » More
Indonesia’s impulsive arms trade
Indonesia’s impulsive attempts to purchase jet fighters has gained attention over recent months. In the latest development, Indonesian Defence minister Prabowo Subianto [...] » More
Indonesia gets UN funds to fight climate change, deforestation
Indonesia has received an injection of cash from the United Nation’s Green Climate Fund to help reduce carbon emissions and tackle forest fires at a time when the [...] » More
Please refrain from accusing govt over recent hacker attacks: Ministry
The Communications and Information Ministry has urged the public not to accuse the government of being behind a recent string of digital attacks against vocal critics, adding [...] » More
Vision of Indonesia 2045 hinges on ‘skilled workforce’
Multiple stakeholders have agreed that collaboration to provide reliable vocational training to produce a skilled workforce is needed more than ever if Indonesia wants to [...] » More
Indonesia hopes development of new capital will restart next year, investors still keen: Planning minister
Indonesia hopes the development of its new capital will restart next year, the minister in-charge of national development planning said on Thursday (August 27). The 466 [...] » More
Source: Goldman made first payment from $2.5b cash settlement to escape 1MDB charges in Malaysia
Malaysia has received part of the $2.5 billion that US investment bank Goldman Sachs agreed to pay for the withdrawal of criminal charges here against it over the 1Malaysia [...] » More
Genting empire keeps dividends even as casino, resorts stung
Genting Bhd. and Genting Malaysia Bhd. are keeping their interim dividend payments of 6.5 sen and 6 sen a share, respectively, the same as in 2019, according to stock [...] » More
