Edition:
United Kingdom

Gayatri Suroyo

UPDATE 2-Indonesia c.bank delivers first rate cut since July to reignite pandemic-hit economy

19 Nov 2020

* Governor asks banks to cut lending rates (Adds details, economist comment, edits quote for translation in paragraph 4)

Exclusive: Indonesia sovereign wealth fund aims to raise $15 billion by offering multiple funds

17 Nov 2020

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.

Exclusive: Indonesia to start mass COVID-19 vaccination this year - President

13 Nov 2020

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

Exclusive: Indonesia to start mass COVID-19 vaccination this year - President

13 Nov 2020

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

Exclusive: Indonesia to woo Tesla investment in push to become battery superpower

13 Nov 2020

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.

Indonesia suffers first recession in over 20 years, finmin says 'worst is over'

05 Nov 2020

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.

UPDATE 2-Indonesia c.bank holds rates, favours QE to support coronavirus-hit economy

13 Oct 2020

* Governor says QE more effective tool than rates to support GDP

Indonesian Muslim and union groups to fight new jobs law in court

09 Oct 2020

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.

World News