Indonesia Financial News

14.02 / 01:53

UPS Election President Universities reports rights Voting begins in Indonesia to elect new President, other leaders

Voting started in Indonesia on Wednesday with more than 200 million voters casting their ballots to elect a new president amid concerns regarding the cost of living and human rights, CNN reported. Indonesia aims to enter a new phase in politics after President Joko Widodo has completed his maximum term as president.

13.02 / 07:09

FIVE Parke Death show Inside hospital Investigations Indonesia police to charge 2 Chinese nationals in furnace explosion at Chinese-owned nickel plant

Indonesian police have named two Chinese nationals as suspects in the explosion of a smelting furnace at a Chinese-owned nickel plant on Sulawesi Island that killed 21 workers and injured dozens of others

12.02 / 12:05

markets Reuters Cooper Trade country cover reports Investcorp plans 2024 listing of GCC portfolio company

By Rachna Uppal and Federico Maccioni

11.02 / 06:31

Citi economy Election Food President country reports Indonesian presidential vote highlights tradeoffs between fast growth and a healthy environment

Tradeoffs between strong growth and a healthy environment are not dominating the headlines in the runup to the Feb. 14 presidential election in Indonesia, the world's third-largest democracy

10.02 / 14:21

FIVE Platform country social reports Features Updates UXLINK Revolutionizes Web3 Social Infrastructure with Multi-Wallet Launch, Garnering $8 Million Across 100,000 OKX Wallets

UXLINK, a leading Web3 social platform and infrastructure with the unique “social acquaintance” and “Group”model, has officially launched a new feature for managing multiple wallets and multi-chain assets. This update was launched on February 2, in partnership with the OKX Web3 wallet. Reports indicate that within just five days of launching this campaign, over 100,000 OKX Web3 wallet addresses were created and linked to UXLINK. These wallets have 50%+ deposit rate, with an average asset value exceeding $140 in equivalent tokens, or 8 million in total. The user base is truly global, spanning countries like Vietnam, Indonesia, Nigeria, Europe, the Middle East and more. Cheers, the great UXLINK community

09.02 / 19:00

UPS FIVE country cover inclusion rights Japan OKs new program to attract more foreign workers as its population shrinks

The Japanese government has adopted plans to scrap its current foreign trainee program, which has been criticized as a cover for importing cheap labor, and replace it with a system it says will actually teach skills and safeguard trainees’ rights as Ja...

29.01 / 00:21

Digital security Deloitte Trade country reports Vaccines India may leverage LoCs to pitch its DPI stack to developing nations

Mint reported that India is considering reforming the lines of credit (LoCs) it grants to other countries to improve its economic diplomacy. So far, India has extended over 300 lines of credit to 65 countries with an estimated value of $30 billion.

28.01 / 23:28

markets UPS Provident Manufacturing economy Sustainability Continental Marketmind: More cheer rests on China PMI, Fed decision

By Jamie McGeever

25.01 / 18:38

markets Entertainment Sony Opera audience stars rights Season 2 of Indian TV’s soap opera: All it needs is some background music

Dramatic close-ups and unexpected plot twists reign supreme as two heroes from opposing teams fiercely negotiate the terms of their cooperation. Meanwhile, another two characters make us suspend disbelief as they tear apart their friendship with over-the-top drama, whose fallout even threatens to upset the talks between the first two. Captain America and the Winter Soldier? Nope! I’m just talking about what’s playing out between Disney Star and Reliance Industries on one hand, and Sony and Zee on the other.

24.01 / 15:45

Blockchain Digital Election Trade Experts reports Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023

The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant.

24.01 / 11:23

UPS security CME Research Trade Rupee little changed, forward premiums inch higher

rupee was largely flat on Wednesday despite broad weakness in its Asian peers, with traders expecting the local currency to trade in a tight range through the day.

24.01 / 04:57

markets UPS Waves Manufacturing Gap President country AI Computers to Drive Next Replacement Cycle in Indian PC Market, says Asus Executive

PCs, will fuel the next replacement cycle for the Indian PC market that has been falling since 2021, according to Taiwanese firm Asus that will launch an AI-powered consumer notebook in the country on Wednesday. “How we are looking at AI PCs is similar to how we looked at smartphones when they first arrived 10 years back,” Arnold Su, vice president, consumer and gaming PC, at Asus India, told ET. “They were different, new, and promised to make our lives easier.

24.01 / 01:47

markets UPS security Research Trade D-Street indices tumble as FPI selloff continues

selloff that sent benchmark indices tumbling 1.5%, reflecting the impact of persistent stock sales by overseas funds amid hardening bond yields in the US, the world's biggest market for pricing both debt and risk assets alike.

21.01 / 17:47

markets UPS Provident Target Manufacturing CEO Tesla week This week in EVs: Musk's AI Ultimatum | Pro Recap

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Elon Musk seeks increased voting control; BYD looks to dominate Indonesian market; and Vinfast finds light in missed target.

21.01 / 05:15

Manufacturing economy pandemic Trade reports From Europe to Japan, inflation expectations slows

Inflation in Japan slowed for a second month, giving central bankers reason to wait before ending their negative rate policy. While the data support the view the Bank of Japan officials won’t rush into the first rate hike since 2007 when they meet next week, services prices remained elevated and suggest that an eventual normalizing of policy remains on the table. Inflation expectations declined in Europe, while retail sales and consumer sentiment in the US increased.

20.01 / 07:47

markets UPS Trade show China's 2023 coal imports from Australia rise, but below pre-ban era

BEIJING (Reuters) — China's coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they remained below pre-ban levels as the supplier tries to regain market share from cheaper competitors Mongolia and Russia.

18.01 / 15:53

markets Manufacturing economy Align Remark Tesla Videos BYD launches three EVs in Indonesia with goal to become market leader

China’s BYD, the largest electric vehicle manufacturer globally, introduced three battery electric vehicle models in Indonesia on Thursday as the company aims to establish itself as the market leader in Southeast Asia's largest economy.

18.01 / 01:27

Waters wellness Trade country exclusive peace China, Philippines seek better communication, management of conflicts in South China Sea

BEIJING (Reuters) -China and the Philippines agreed to improve maritime communication and to properly manage conflicts and differences through friendly talks in regards to issues around the South China Sea, according to a statement from the Chinese foreign ministry.

17.01 / 10:26

markets Target economy Nikkei Trade show country Asian stocks Asian stocks hit by rate-cut uncertainty, middling China GDP; Nikkei rises

Investing.com-- Most Asian stocks fell on Wednesday as Federal Reserve officials downplayed expectations for early interest rate cuts, while economic growth figures from China largely underwhelmed markets.

15.01 / 13:25

Citi FIVE wellness shootings Olympics India's gold rush continues in Jakarta as Yogesh wins double

Jakarta: Indian shooters' gold rush continued in the Asia Olympic Qualifiers with Yogesh Singh winning the top prize in individual as well as team event of the men's 25m centre fire pistol competition on Monday. Yogesh claimed the individual gold medal after shooting 573, finishing ahead of silver winner Muad Al Balushi of Oman (570) and Indonesia's Anang Yulianto (567).

15.01 / 13:25

economy Election Opinion President track country Courts Presidential hopeful Baswedan says Indonesia's democracy is declining and pledges change

A former Jakarta governor seeking Indonesia’s presidency said democracy is declining in the country and pledged to make changes to get it back on track

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