Indonesia Financial News

Final landing planned on August 23 will be tracked by Isro’s Bengaluru station; success will make India only the fourth nation to soft-land on the lunar surfaceChandrayaan-3, India’s third Moon mission, has an added ‘desi’ element to it. “Unlike Chandrayaan-2, when the landing was tracked through a Madrid (NASA-JPL) station, this time we will track the lander from our Isro Telemetry, Tracking and Command Network (Istrac) station in Bengaluru,” said a senior scientist. “As per calculations now, Vikram should land on Moon at 5. 47pm on August 23; it may change due to variation

China and Southeast Asian nations have agreed to try to conclude within three years a long-delayed nonaggression pact aimed at preventing frequent territorial spats in the busy South China Sea from turning into a major armed conflict

The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.

disaster management and health and wellness. Agreed to expand our Track II engagement," Jaishankar further wrote. The EAM said the ASEAN relationship paves the way for the Indo-Pacific Vision.

rupee rose 12 paise and closed at 82.24 a dollar. US consumer prices advanced 3% in June, their smallest year-on-year increase since March 2021, after 4% growth in May.

Antony Blinken will meet top Chinese diplomat Wang Yi on Thursday as officials gather in Indonesia for ASEAN meetings, the State Department said in announcing the latest in series of interactions between the rival superpowers. Wang is representing China at the Jakarta meetings involving the Association of Southeast Asian Nations (ASEAN) and partner countries after Beijing said Foreign Minister Qin Gang would not attend due to health reasons. Blinken met Qin and Wang in Beijing last month, marking the first visit to China by a U.S. secretary of state in five years. It was aimed at bringing stability to intense rivalry between the superpowers, which are also the world's two largest economies U.S. Treasury Secretary Janet Yellen visited China earlier this month and climate envoy John Kerry is to visit next week. Wang, who is the foreign policy chief for the Chinese Communist Party, ranks above Qin, who as the foreign minister is the government's foreign policy chief.

latest telecom technology that is being rolled out across the globe. While some countries like South Korea are nearing the 50% mark of 5G availability, others like Indonesia are just starting out.

government on Wednesday imposed restrictions on imports of certain gold jewellery and articles. In a notification, the directorate general of foreign trade (DGFT) amended the import policy for unstudded jewellery made of gold, and other articles made of gold to “restricted” from “free”.

Indonesian authorities say they have seized an Iranian tanker and arrested its crew members for illegally transferring oil to another vessel in the country’s exclusive economic zone

The world’s largest automakers are moving deeper into the supply chain for metals to power their electric cars. A $1 billion deal set to close in the coming weeks highlights the urgency of their effort and the risks they are taking to get there. Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and copper from two Brazilian mines that run on hydropower.

Incitec Pivot confirmed its fertilisers business has been the subject of unsolicited interest from potential buyers amid doubts over whether its plan to spin-off the asset into a standalone company will succeed.

Jakarta Post.  Moreover, this intersection is also characterized by crucial Sea Lines of Communication (SLOC) and maritime choke points that serve as vital arteries for the economic well-being of the entire area. Given their stature as maritime powers, both Indonesia and India play a crucial role as de facto gatekeepers of this region, serving as transit points for approximately 60 per cent of global maritime trade.

There’s nothing like a struggling demerger on the home front to pique the interest of a cashed-up offshore investor.

NEW DELHI : As many as 415 million Indians moved out of poverty in the 15-year period between 2005/2006 and 2019/2021, the UN said in a report on Tuesday. The latest update of the global Multidimensional Poverty Index (MPI) was released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford. The report analysed trends from 2000 to 2022, focusing on 81 countries with comparable data over time.

Indonesia’s top diplomat is warning of the threat posed by nuclear weapons, saying that Southeast Asia is “one miscalculation away from apocalypse” and pressing for world powers to sign a treaty to keep the region free from such arms

«I would say that this deal was never in the making and nobody in the market expected it to go through because if you look at Foxconn’s history it is of broken promises that they made across various countries including US, Indonesia,» says Rakesh Arora, Go India Stocks.com.Now let us begin with the stock of Vedanta. It came as a bit of a surprise with respect to Foxconn walking out of the deal and now the question is — A) where will the Vedanta get the money from and secondly, what happens to the technology that they needed? Your take.I would say that this deal was never in the making and nobody in the market expected it to go through because if you look at Foxconn’s history it is of broken promises that they made across various countries including US, Indonesia. So, people were not very confident that Foxconn is a serious player.

emerging market (EM) for investing in EM debt. The country is increasingly viewed positively for its improved business and political stability, favourable demographics, regulatory initiatives, and a friendly environment for sovereign investors, according to a recent report by Invesco titled ‘’Invesco Global Sovereign Asset Management Study.'' A development sovereign based in the Middle East noted, “We don’t have enough exposure to India or China.

By Devjyot Ghoshal and Pasit Kongkunakornkul

SINGAPORE—China’s decision this week to restrict the export of two minerals used in semiconductors, solar panels and missile systems was more than a trade salvo. It was a reminder of its dominant hold over the world’s mineral resources—and a warning of its willingness to use them in its escalating rivalry with the U.S. Around two-thirds of the world’s lithium and cobalt—essential for electric cars—is processed in China.

Treasury Secretary Janet Yellen is visiting Beijing as part of efforts to revive U.S.-Chinese relations that are at their lowest level in decades due to disputes over technology, security and other irritants

Southeast Asia's initial public offering market is showing promising signs despite a global IPO slowdown in the first half of 2023, according to a new Deloitte report.