Tag: indonesia
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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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Indonesia raises rates in surprise move to support sinking rupiah
JAKARTA, June 9 : Indonesia’s central bank raised interest rates by 25 basis points on Tuesday in an unexpected off-cycle rate hike, taking the benchmark rate to 5.50 per cent as it moves to stabilise the rupiah.Bank Indonesia (BI) said in a statement posted on its website that the off-cycle rate hike was ne
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Russian drug suspects arrested in Bali after high-speed car chase
Indonesia has some of the world’s toughest anti-drug laws, including the death penalty for traffickers, but has maintained a moratorium on executions for several years.
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100 days into Iran war: How rising costs are hitting consumers and businesses in Southeast Asia
As the war on Iran marks its 100th day on Monday (Jun 8), CNA looks at how the geopolitical crisis is filtering into everyday life across the region.
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Container ship sinks off coast of Batam
SINGAPORE: A container vessel sank about 6km off the coast of Batam on Friday (Jun 5) night, the Maritime and Port Authority of Singapore (MPA) said on Saturday.The Tanzania-registered Golden Star 1 sank off the Indonesian island at about 10.30pm Singapore time after taking on water, MPA said in a media relea
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Indonesia’s Mount Lewotobi Laki-Laki erupts, forcing airport to close
Mount Lewotobi Laki-Laki falls under Indonesia’s second-highest alert level for volcanic activity, with a 5km exclusion zone in force around its crater.
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Indonesia to ‘refocus’ free meal programme on quality; no longer prioritising 83 million target
The agency will also be cutting back on new kitchens and targeting recipients in more remote areas, Nanik Sudaryati Deyang, the new chief of the National Nutrition Agency, said on Thursday (Jun 4).
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New US tariff, exemptions will provide growth stimulus for Indonesia, minister says
JAKARTA, June 5 : Indonesia’s chief economic minister said on Friday that an additional 10 per cent duty imposed by the United States on the country’s exports, along with the exemptions expected for some of its key products, could help to stimulate economic growth.The U.S. Trade Representative has proposed ta
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As Indonesia tightens spending, Prabowo’s travel-heavy diplomacy comes under scrutiny
Critics question whether Indonesia President Prabowo Subianto’s overseas trips are producing measurable economic and political returns at a time when the administration is championing spending cuts and budget efficiency at home.
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Snap Insight: Indonesia’s free meal programme hit by graft probe but Prabowo will push on with it
Three former leaders of the Indonesian national nutrition agency were arrested just a day after President Prabowo Subianto fired them.
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