SINGAPORE/JAKARTA When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.
JAKARTA Indonesia's Bali United this week became the first club in Southeast Asia to list its shares, a move that officials and fans hope could be a step towards developing a league that has been dogged by allegations of corruption.
JAKARTA, May 31 After aggressively hiking rates
six times last year, Bank Indonesia (BI) signalled this month it
could follow other central banks in Asia by easing in a bid to
fire up flatlining growth in Southeast Asia's biggest economy.
JAKARTA Indonesia's transport ministry has trimmed the maximum fares airlines can charge for domestic routes, effective later this week, as millions of Muslims prepare for homecoming trips at the end of the fasting month of Ramadan.
(This story corrects economic to economist in the paragraph eight and Yusuf to Jusuf in paragraph 12)
JAKARTA April 30 The Indonesian-Chinese
consortium building a high-speed rail project between the
capital Jakarta and the textiles hub of Bandung expects to earn
$18 billion from developing satellite towns and industrial
centres along the line, a company official said.
JAKARTA Indonesian President Joko Widodo on Thursday declared victory in a presidential election to lead the world's third-largest democracy but his challenger also claimed he had won and complained of widespread cheating. | Video
JAKARTA Indonesian President Joko Widodo appeared set for a second term as "quick count" results from Wednesday's election rolled in, but his challenger claimed that he had won the popular vote and urged supporters not to let his victory be snatched away. | Video
March 25 Indonesian authorities mandated on
Monday that ride-hailing motorcycle service providers will only
be able to charge rates within a fixed band, a move that could
put hurdles in the expansion plans of Go-Jek, Grab and other
WASHINGTON/JAKARTA A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months. | Video