* Governor asks banks to cut lending rates (Adds details, economist comment, edits quote for translation in paragraph 4)
JAKARTA Indonesia's new sovereign wealth fund will offer dedicated industry funds in a bid to drum up $15 billion investment and deepen access to global capital by Southeast Asia's biggest economy, finance minister Sri Mulyani Indrawati told Reuters.
JAKARTA Indonesia has sought emergency authorisation to start a mass vaccination campaign by the end of the year to combat the coronavirus in the archipelago, the Southeast Asian nation's president said on Friday. | Video
JAKARTA Indonesia has sought emergency authorisation to start a mass vaccination campaign by the end of the year to combat the coronavirus in the archipelago, the Southeast Asian nation's president said on Friday. | Video
JAKARTA Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the Southeast Asian country aims to become the world's biggest producer of electric vehicle batteries.
JAKARTA Indonesia suffered its first recession in over two decades as the COVID-19 pandemic hit consumption and business activity in Southeast Asia's largest economy, costing millions of jobs, the statistics bureau said on Thursday.
* Governor says QE more effective tool than rates to support GDP
JAKARTA Indonesian President Joko Widodo came under increasing pressure to repeal his new controversial jobs law on Friday, with union and Muslim groups preparing to challenge it in court and some regional leaders publicly opposing the legislation.
U.S. President-elect Joe Biden will formally introduce his top economic policy advisers on Tuesday as his administration prepares to take power amid a slowing economic recovery hampered by the resurgent coronavirus pandemic.