Tag: Jakarta
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Corruption cases, investibility warnings, fiscal woes: Indonesia continues to test investors
This comes amid a high-profile corruption sentencing and an MSCI warning Indonesia could be downgraded to frontier-market status.
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AirAsia halts direct flights between Singapore and Jakarta
AirAsia’s Indonesian subsidiary Indonesia AirAsia previously provided a daily Singapore-Jakarta service, but this will be halted from July.
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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IN FOCUS: With landfills almost full, Indonesia grapples with ‘ticking time bomb’ of waste crisis
Indonesia is counting on waste-to-energy plants to tackle its waste crisis, but experts say it’s no substitute for reducing trash at the source.
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