Edition:
United Kingdom

Maikel Jefriando

UPDATE 1-Indonesia makes 3rd rate cut since July, eases lending rules

19 Sep 2019

* C.bank has rolled back 75 bps of 2018's 175 bps in rate hikes

Indonesia finance minister defends plan to raise cigarette prices

16 Sep 2019

JAKARTA Indonesia's finance minister defended on Monday a plan to raise cigarette prices by more than a third from next year to reduce smoking rates, after some in the tobacco industry said it would encourage illegal manufacturing and threaten jobs.

Indonesia finance minister defends plan to raise cigarette prices

16 Sep 2019

JAKARTA, Sept 16 Indonesia's finance minister defended on Monday a plan to raise cigarette prices by more than a third from next year to reduce smoking rates, after some in the tobacco industry said it would encourage illegal manufacturing and threaten jobs.

Indonesia names former trader graft suspect in "oil mafia" probe

10 Sep 2019

JAKARTA, Sept 10 Indonesia's Corruption Eradication Commission (KPK) on Tuesday named a former managing director of the trading arm of state energy company PT Pertamina a suspect in a graft case linked to oil trading with a Singapore-based company.

Indonesia pledges $40 billion to modernise Jakarta ahead of new capital - minister

29 Aug 2019

JAKARTA The Indonesian government is not abandoning Jakarta after announcing plans to move the country's capital, its planning minister said, pledging to spend $40 billion to save the slowly sinking city in the next decade.

Indonesia c.bank's policy easing to go beyond 2 rate cuts -senior deputy governor

27 Aug 2019

JAKARTA, Aug 27 Indonesia's central bank, which surprisingly cut interest rates last week, will keep easing monetary policy to fend off any negative impact on its economy from slowing global growth, its new senior deputy governor said on Tuesday.

Indonesia surprises with second rate cut in a row, eyes global slowdown

22 Aug 2019

JAKARTA Indonesia's central bank, hoping it can spur faster growth at home despite a global slowdown, surprisingly cut its key interest rate for a second time in two months on Thursday.

UPDATE 2-Indonesia surprises with 2nd rate cut in a row, eyes global slowdown

22 Aug 2019

* Low inflation helps make "pre-emptive" cut possible - governor

Indonesia president proposes $178 billion budget for 2020 with focus on education

16 Aug 2019

JAKARTA Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spending on human resources, which was central in his re-election campaign.

Indonesia president proposes to move capital to Borneo

16 Aug 2019

JAKARTA Indonesia's president on Friday proposed to move the capital from Jakarta, a crowded, polluted city of 10 million people, to the island of Borneo, though he left Indonesians guessing as to the exact location.

World News

Iran says it will destroy any aggressor

Iran will pursue any aggressor, even if it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran.