Indonesia

Indonesia sovereign wealth fund joins data centre boom

[JAKARTA] Indonesia’s first sovereign wealth fund is investing in a mix of funds and private companies as it bets on infrastructure around artificial intelligence, part of a global investment boom in ...

Coal, palm oil and ferroalloy producers are expected to start submitting export-related documents to the newly formed state-owned company Danantara Sumberdaya Indonesia beginning on Jun 1.

Indonesia advances export control plan despite uncertainty

A unit of sovereign wealth fund Danantara will take over specific export activities as early as September or latest by Jan 1, 2027

Foreign nationals suspected of running an online gambling operation for two months at an office building were arrested in Jakarta on May 10.

Pig-butchering schemes, honey traps: Telecom-fraud networks target Indonesia as regional crackdowns bite

Indonesia has been on the radar of telecom-fraud operators for more than a decade

Bank Indonesia said on Friday that it remains committed to maintaining the stability of the rupiah “around the world, around the clock”.

Indonesia and India intervene to prop up weakening currencies

The economies of both countries are grappling with higher oil prices caused by the US-led war against Iran

The investigation is part of Jakarta’s broader effort to tighten control over strategic commodity flows.

Wilmar says it has not received official notice of Indonesia probe into suspected export under-invoicing

The company’s shares are down 4% as at midday, after falling 10.5% in early trading on Thursday

Indonesia's surprise move to centralise exports of strategic commodities, including palm oil, has sparked alarm.

Indonesia’s commodity clout in numbers

The export revamp by South-east Asia’s largest economy might shake up the industry’s global supply chain

The investigation into Wilmar is part of Jakarta's broader effort to tighten control over strategic commodity flows.
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Wilmar shares tumble 10.5% in early trade amid Indonesia probe

It is under investigation for suspected under-invoicing and transfer-pricing practices

Indonesia’s central bank has stepped up issuance of rupiah bills to attract foreign inflows to support the rupiah.

War stress pushes Indonesia, Thailand to lean on short-term debt

Rupiah has hit record lows and become Asia’s worst-performing currency this quarter

Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers.

Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

The probe comes just days after Jakarta unveiled plans to tighten control over commodity exports

US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc.

Quad launches Indo-Pacific monitor plan as Hormuz crisis deepens

The strategic grouping also intends to partner with Fiji on port infrastructure