City Jakarta Financial News

06.09 / 03:57
Cooper Progressive Platform stage country PM Modi to visit Indonesia today: What’s on the agenda for the 24-hour trip?
Narendra Modi is set to embark on a significant diplomatic visit to Indonesia this Wednesday evening. The visit, a tight 24-hour trip, culminates in his return to New Delhi on September 7 evening. The excursion to Jakarta is at the invitation of Indonesian President Joko Widodo and it comes as a precursor to India's hosting of the G20 Summit on September 9-10.
05.09 / 06:07
FIVE VISA CEO Enterprise country Sam ChatGPT-maker OpenAI CEO Sam Altman gets Indonesia's first Golden Visa: Here’s what it means
OpenAI, a pioneering firm in artificial intelligence. The Indonesian immigration authority issued a 10-year visa to Altman, acknowledging his global renown and potential contributions to the nation. Indonesia's Immigration Director General has said that Altman "has an international reputation and may bring benefits to Indonesia", Bloomberg reported.
03.09 / 17:53
UPS Aware Action stage country voice PM Narendra Modi likely to focus on territorial integrity, freedom of navigation
Narendra Modi is expected to focus on safeguarding territorial integrity and freedom of navigation in the Indo-Pacific region during his September 6-7 Jakarta visit for the Asean Summit and East Asia Summit (EAS), in the backdrop of China's 'new standard map'. Besides India, several Southeast Asian nations, including Malaysia, Philippines, Vietnam and Indonesia, have protested China's new map which focuses on the South China Sea region, Arunachal Pradesh and Aksai Chin. India had lodged a strong protest with China. The PM is expected to send a message that territorial integrity of Indo-Pacific states must be safeguarded and pitch for inclusive nature of India's Indo-Pacific policy amid China's aggressive designs in the region, said people aware of the matter. India's steadfast commitment to freedom of navigation through the South China Sea region, where tensions have been building up, will also be in focus, said the people. The PM will also highlight India's agenda for the global south, with the Asean Summit taking place on the eve of G20 Summit in New Delhi. In June, the PM had addressed a gathering at the G20 development ministers' meeting in Varanasi and stated that «development is a core issue for the global south». «The countries of the global south were at the receiving end of the Covid pandemic.
03.09 / 06:31
UPS Progressive Align Southern country G20 Summit: PM Modi to hold bilateral meetings with Joe Biden, Emmanuel Macron, and Sheikh Hasina
Hindustan Times, it is known that PM Modi is inclined to arrange a dinner for one of his close friends and a lunch for the other, but the actual timing of these events will be contingent on President Biden's arrival schedule on Friday and President Macron's departure to Dhaka on Sunday, following the conclusion of the G-20 summit. President Biden is set to be extended an invitation for dinner on Friday, though the timing may take into account any potential jet lag.
03.09 / 02:45
country After Putin, Chinese President Xi Jinping likely to skip G20 Summit in India. Will it affect the host country?
G20 Summit in India next week, instead of President Xi Jinping who is going to skip the conclave, said people familiar with the development on Saturday. “The Chinese President is not traveling to India for the G20 Summit. Premier Li is likely to represent China at the Summit," said one of the people cited above on the condition of anonymity.
02.09 / 09:51
Provident MET Cooper Progressive country ASEAN week PM Modi to attend ASEAN, East Asia Summit meetings in Indonesia next week
External Affairs Ministry said on Saturday.PM Modi will be in Jakarta at the invitation of the President of Indonesia, Joko Widodo. The Prime Minister's visit to Indonesia comes ahead of the G20 Summit to be held in New Delhi on September 9-10 under India's Presidency this year. Indonesia is part of the G20 'troika' as it had the presidency of the grouping last year. The forthcoming ASEAN-India Summit will be the first Summit since the elevation of ties between India and the Association of South East Asian Nations bloc of countries to a Comprehensive Strategic Partnership in 2022. The foreign ministry said that the the Summit will review the progress of India-ASEAN relations and chart the future direction of cooperation. According to a statement, the East Asia Summit would provide an opportunity for leaders of ASEAN countries and its eight dialogue partners, including India, to exchange views on issues of regional and global significance. In August, ASEAN-India Economic Ministers met in Indonesia and the main agenda of this year's meeting was the timely review of the ASEAN-India Trade in Goods Agreement (AITIGA) which was signed in 2009. A joint committee agreed to a regular, quarterly schedule of negotiations, which would conclude the review of the ASEAN-India FTA in 2025. In 2018, Prime Minister Narendra Modi visited Jakarta at the invitation of Indonesian President Widodo.
31.08 / 19:07
UPS Target Manufacturing Chevron country WA spruiks critical minerals in ‘historic’ trade mission to Indonesia
West Australian Premier Roger Cook will fly to Indonesia with a delegation of mining executives and state ministers working to secure deals with the largest economy in South-East Asia to develop his state’s critical minerals industry.
31.08 / 18:19
MET Reuters NOT Xi Jinping not to attend G20 Summit, instead Premier Li Qiang is coming: Report
Hindustantimes.com on Thursday. Chinese Premier Li Qiang will be flying directly to New Delhi after attending the 43rd ASEAN summit in Jakarta on September 5-7.
31.08 / 07:23
UPS COMPOSITE Nikkei KOSPI show services Stock market today: Asian markets lower after Japanese factory activity and China services weaken
Asian stock markets are mostly lower after Japanese factory activity and Chinese service industry growth weakened
28.08 / 04:57
love Celebrity Pride country beautiful social ‘Pure gold hai apna Neeraj’: Netizens react to photo of Neeraj Chopra, Arshad Nadeem
In a touching gesture, India's celebrated athlete Neeraj Chopra, often referred to as the 'Golden Boy,' invited his rival Arshad Nadeem to pose together for a photograph. Despite being defeated by Chopra in the pursuit of the gold medal, the Pakistani competitor displayed gracious sportsmanship and willingly joined Chopra for the snapshot. Neeraj, who emerged victorious with the gold medal at the prestigious World Athletics Championships held in Budapest, was captured holding the Indian tricolour with pride.
25.08 / 13:53
Continental shootings Pride performer India to send 634 athletes to Asian Games; wrestler Bajrang Punia figures in list
sportspersons were on Friday cleared by the Sports Ministry to compete at the Hangzhou Asian Games, surpassing the 572 athletes in the last edition of continental showpiece in Jakarta in 2018. The Indian Olympic Association (IOA) had recommended 850 athletes for event to be held in Hangzhou from September 23.Track and field events have got the pride of place as 65 athletes — 34 men and 31 women — are part of the huge contingent. Sportspersons in 38 disciplines have been cleared, with a total of 44 footballers — 22 players in men's and women's sections respectively — figuring in the list.Hockey constitutes the third-highest number of athletes at 36, with the ministry clearing 18 players each in the men's and women's sections. The list also includes the men's and women's cricket teams, comprising 15 members each respectively. Shooting sport, in which India has performed consistently in the continental showpiece, will see a big 30-member contingent competing in Hangzhou, while a 33-member sailing contingent has also been cleared. The ministry has not cleared any male athlete in weightlifting, gymnastics, handball and rugby.
17.08 / 01:13
Waves Progressive Google Celebrity band performer country independence day Google Doodle celebrates Tujuhbelasan, Indonesia's Independence Day
Google Doodle is celebrating Indonesia's 78th Independence Day is a special illustration designed by guest artist Diela Maharanie. Indonesia had officially declared independence from Dutch rule on August 17, 1945. “Today’s Doodle artwork represents the Indonesian community coming together to play traditional Independence day games, remembering the importance of collaboration." Google said in a blog post.
15.08 / 05:15
UPS COMPOSITE show reports Asian stocks Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy
10.08 / 06:57
UPS Reuters Strategy Inside ASEAN US President US President Joe Biden's Asia trip unlikely to include attendance at ASEAN summits
Reuters further reported Biden is not anticipated to travel to Indonesia. Furthermore, a Washington-based ambassador representing an ASEAN member revealed that Indonesia was informed on Monday about Biden's decision to not attend. Asked if it was correct that Biden would not be going to Indonesia, a senior White House official told Reuters on Tuesday: "We're still working on it ...
09.08 / 13:23
UPS MET Nikkei country 2024 Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) — Indonesia's industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors (OTC:MMTOF) was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.
09.08 / 05:49
FIVE Digital Booking Platform Mobile Software track Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others
Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech Fund led the round, the company said in a release on Wednesday. Most of these investors had participated in its previous funding round in 2021.
09.08 / 04:57
UPS Pool Parke performer Indian hockey Indian men's team clubbed with Pakistan in Asian Games hockey
hockey team has been clubbed alongside arch-rivals Pakistan and will play the big-ticket match on September 30 in the Asian Games, while the women's side has South Korea and Malaysia among others in its pool. Placed in Group A, besides Pakistan, the Indian men have Asian Games champion Japan, Bangladesh, Singapore and Uzbekistan against whom they will begin their campaign on September 24, while the women' side, who are also in Pool A, will be up against Hong Kong and Singapore besides South Korea and Malaysia.
08.08 / 06:37
COMPOSITE SENSEX Nikkei Viatris KOSPI show Stock market today: Asia mixed after Wall St rallies ahead of US inflation update
Asian stocks are mixed after Wall Street rallied and Japanese wages rose ahead of a U.S. inflation update that might influence Federal Reserve plans for possible interest rate hikes
02.08 / 07:07
UPS Booking Airlines Mobile HSBC Celebrity IndiGo announces anniversary sale, offers discount up to Rs 2,000
IndiGo, India's leading airline on Wednesday is celebrating its 17th anniversary by announcing its three-day sale for all customers starting August 2, 2023 to August 4, 2023. The offers are a part of its anniversary celebrations ‘HappyIndiGoDay.' The airline is offering a 12 per cent discount on all tickets booked from its website and mobile app till August 3 while seven per cent discount will be given on August 4, said the company in its statement.
30.07 / 00:43
UPS Art UBS country stake Perth Airport investor TIF revs up to sell 7.19pc stake; UBS hired
Macquarie-managed The Infrastructure Fund has ordered a strategic review of its 7.19 per cent stake in Perth Airport as it looks to take profits after the airport returned to pre-pandemic passenger volumes in February.

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