Indonesia's President Prabowo to Spend $3 Billion on New Capital …
3 days ago · INDONESIA - JAKARTA. Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028, the project's chief said on Tuesday. Construction of the $32-billion Nusantara in the jungle of Borneo island, a legacy project first started by former president Joko ...
Market - PT. Kontan Grahanusa Mediatama
Financial market, policy, event, macroeconomic, and corporate news from Indonesia
Indonesia to Exempt Oil and Gas Sector From New FX Retention Rule
2 days ago · MONETARY POLICY - JAKARTA.Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as companies urge adjustments to the rule out of concern over its impact on their cashflows.
Indonesia Central Bank Says Rupiah Depreciation Still Under Control
Jan 16, 2025 · BANK INDONESIA / BI - JAKARTA.Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut in interest rates the day before.
Foreign Banks are Optimistic about Gaining Profits in Indonesia …
Apr 3, 2024 · Looking at the profit performance of foreign banks, Taiwan's PT Bank CTBC Indonesia grew the highest, soaring up to 306.9% YoY to IDR 169.3 billion in 2023.
Indonesia Central Bank Says Rupiah's Weakness Under Control
Jan 16, 2025 · ILUSTRASI. Bank Indonesia said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months. RUPIAH - JAKARTA. Indonesia's central bank said the rupiah's fall against U.S. …
Indonesia's Trade Surplus Beat Forecast in August
Sep 17, 2024 · Indonesia reported a trade surplus of US$ 2.89 billion last month, ILUSTRASI. Indonesia reported a trade surplus of US$ 2.89 billion last month, ANTARA FOTO/Rizal Hanafi/Spt.
Indonesia to Intensify Defence Partnerships and Maritime Security, …
Jan 10, 2025 · ILUSTRASI. Sugiono said Indonesia would continue to advocate for the completion of a code of conduct between the Southeast Asian bloc ASEAN and China. Foto: Tangkapan Layar Youtube Sekretariat Presiden MARITIME - JAKARTA. Indonesia will expand its existing defence partnerships and step up its ...
Indonesia's Rupiah Hits Over 6-Month Low, Stocks Jump After …
Jan 15, 2025 · INDONESIA - JAKARTA. Indonesia's rupiah fell to its lowest in more than six months while stocks rose nearly 2% on Wednesday, after the central bank delivered a surprise rate cut to support economic growth despite recent weakness in its currency. The rupiah declined 0.46% to 16,335 per dollar, its ...
Most Asian Stocks Retreat Ahead of US Jobs Data, Currencies Steady
Jan 10, 2025 · ASIAN MARKET - JAKARTA.Most Asian equities declined on Friday, while currencies held steady, as investors remained cautious ahead of the crucial U.S. jobs report later in the day that could impact the outlook for further rate cuts and the greenback.