City Jakarta Financial News

04.09 / 07:59

Extreme President War Freedom country politician peace Pope Francis, in Muslim-majority Indonesia, warns against religious extremism

Pope Francis on Wednesday urged political leaders in Indonesia, the world's most populous Muslim-majority country, to guard against religious extremism, which he said distorted people's religious beliefs through «deception and violence». In his first speech during an ambitious 12-day journey across Southeast Asia, where Christians are a small minority of the regional population, the pontiff said the Catholic Church would increase its efforts toward inter-religious dialogue in hopes of helping tamp down extremism. «In this way, prejudices can be eliminated, and a climate of mutual respect and trust can grow,» the 87-year-old pope said in an address to some 300 politicians and religious leaders at Jakarta's Merdeka Presidential Palace.

03.09 / 06:20

UPS Waves country reports testing travelers Pope arrives in Muslim-majority Indonesia to start Asia-Pacific tour

Pope Francis arrived in Muslim-majority Indonesia on Tuesday to kick off a four-nation tour of the Asia-Pacific that will be the longest and farthest of the 87-year-old's papacy. The head of the world's 1.3 billion Catholics touched down in Jakarta for a three-day visit devoted to inter-religious ties, and will then travel to Papua New Guinea, East Timor and Singapore. The 12-day tour will test the pontiff's increasingly fragile health, but he is often energised by being among his flock and he emerged from the 13-hour flight smiling and waving.

27.08 / 16:06

performer country concert song pop stars Headlines Dua Lipa on her upcoming concert in India: Can't wait to see you again

Pop star Dua Lipa, who is set to headline the second edition of the Zomato Feeding India Concert in November, says she is looking forward to returning to the country after she rang in the new year here. The Grammy winner, known for songs such as «Levitating», «Houdini», and «Dance The Night», shared a post on Instagram expressing her excitement for the upcoming show. «India, I'm coming back!!! My trip at the start of this year was a beautiful reminder of how much I love this place. »The warmth and energy I felt from everyone I met there was amazing, and I can't wait to see you again to perform in November!!!!" Lipa wrote on Saturday alongside a series of pictures from her previous India visit and the announcement poster of the concert.

20.08 / 07:40

Provident Election President country reports Relationships Indonesia and Australia finalise new bilateral defence treaty

Indonesia and Australia on Tuesday finalised a new bilateral defence treaty that will enhance the neighbouring nations' ability to operate their militaries in each other's territory. The agreement was reached as Indonesian president-elect Prabowo Subianto, who also serves as defense minister, met with Australian officials at the country's Parliament earlier Tuesday. The bilateral relationship is becoming increasingly important to Australians in face of growing tensions with China. New Australian prime ministers typically make Jakarta one of their first overseas destinations. The pact will be signed within days, when Australian Defence Minister Richard Marles visits Jakarta.

05.06 / 18:25

UPS Fighting wellness Olympics badminton Indonesia Open: PV Sindhu crashes out after losing in first round

Olympic medalist and ace Indian shuttler PV Sindhu suffered a first-round defeat in the Indonesia Open 2024 in Jakarta on Wednesday.

11.05 / 20:49

Digital Man Platform Action film War reports The Ministry of Ungentlemanly Warfare: Where to watch the action film online in US and UK?

Henry Cavill reunited with the notable director in The Ministry of Ungentlemanly Warfare, the 'Superman' here is still Guy Ritchie who is on a roll after delivering successful hits for a few years, including The Man from U.N.C.L.E, Aladdin, Wrath of Man, and most importantly The Gentlemen which saw immense popularity, when released on Netflix.

11.05 / 03:19

markets Google Apple NVIDIA country reports Apple, Microsoft and Nvidia are investing billions of dollars in Southeast Asia. Here's why

Tim Cook and Satya Nadella, who last month embarked on their biggest tours across Southeast Asia in years. The investments they pledged are set to help turn the region into a major battleground between the likes of Amazon, Microsoft and Google in future frontiers such as artificial intelligence and the cloud. The region’s growing workforce is making it a viable alternative to China as a center of talent to support companies’ global operations.

24.04 / 07:27

crypto tax Indonesia, Australia Authorities Ink Crypto Taxation Deal

Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement.

14.03 / 05:47

UPS Reuters economy Trade show Indonesia's February trade surplus seen widening to $2.32 billion

JAKARTA (Reuters) — Indonesia's February trade surplus is expected to have widened slightly from the previous month as exports likely contracted at a slower pace, while imports rose ahead of the Muslim fasting month of Ramadan, a Reuters poll showed on Thursday.

13.03 / 11:41

markets UPS Booking Aviat Airlines pandemic AirAsia chief to scout for more fundraising after SPAC listing

AirAsia chief Tony Fernandes plans to seek fresh funding in Southeast Asia’s equities markets after a much-touted SPAC listing in the U.S. later this year. Options for fundraising include revisiting plans for an initial public offering of aviation assets in the Philippines, doing a share placement in Indonesia, and eventually listing a host of nonaviation units, Fernandes said in an interview.

08.03 / 09:22

Citi President Freedom country reports rights International Seal France to seal the right to abortion in its constitution as world marks International Women's Day

France’s leaders will use a Napoleon-era press to seal the right to abortion into the country's constitution

05.03 / 08:11

markets BlackRock WhatsApp Research country Investment Opportunities Blackrock sees India, Indonesia as promising for investment opportunities

BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday. Manjesh Verma, BlackRock Head of APAC Credit and Fixed Income Research, at an investment forum in Jakarta said the two emerging market countries were advantageous due to their large populations.

04.03 / 12:03

community trends Trade crypto tax reports Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime

Indonesian crypto regulator has requested the country’s Finance Ministry to reconsider the current ‘dual taxation’ on crypto transactions.

02.03 / 12:35

markets UPS Citi Platform pandemic country blues What the journey of a pair of shoes reveals about capitalism

The Economist decided to follow those shoes. The story starts with a wish. The shoes Fatimah wants are white and camel, open-toe sandals.

27.02 / 01:11

UPS BLOCK Mobile Research Trade reports Stocks in news: SBI, Canara Bank, CMS Infosystems, Paytm, Indian Oil

Indian Oil State-run Indian Oil has cancelled the tender for setting up the first green hydrogen plant at the company's Panipat Refinery and Petrochemical Complex in Haryana.

25.02 / 19:11

COST UPS Reuters Election President show Schools Indonesia may widen fiscal deficit to fund free school lunch, document shows

By Stefanno Sulaiman

25.02 / 06:37

Provident Cooper security Election country Relationships Indonesia and Australia hold defense talks as both nations move toward signing a security agreement

Indonesia and Australia have held high-level talks in Jakarta as the neighboring countries seek to strengthen security ties by signing a defense cooperation agreement in the coming months

18.02 / 13:53

security wellness President Experts country social Schools Indonesia’s president-elect Prabowo Subianto keen on BrahMos purchase; emulating India's mid-day meal scheme for schools

Indonesian Defence Minister Prabowo Subianto as the next president augurs well for Jakarta’s strategic partnership with New Delhi, given that he has shown keen interest in India’s defence capabilities and social security schemes, according to experts. Subianto had contested the presidential polls in 2014 and 2019, but never won. This time round, the 72-year-old former Special Forces commander has cornered enough votes to be sworn in as the next President of Indonesia.

14.02 / 10:15

UPS FIVE Booking Election TikTok President Justice In Indonesia Election, Ex-General Is Front-Runner After Makeover for TikTok Age

The front-runner in Indonesia’s presidential election on Wednesday has endeared himself to young voters by projecting an image of a cuddly, cat-loving grandfather figure. But Prabowo Subianto has a checkered history. He was dismissed from Indonesia’s military 25 years ago on allegations he kidnapped democracy activists.

14.02 / 07:43

UPS Citi Waters Election Boxing students hospital From remote tribal areas to flooded cities, Indonesians go to polls

one-day elections. The Southeast Asian nation's election is a mammoth exercise in logistics spanning three time zones with ballot boxes transported by truck, boat, helicopter, horse and even ox-cart.

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