Indonesia
Indonesia’s new FX lock-up rule could tilt the field – supercharge state banks, squeeze private lenders
Starting Jan 1, exporters of coal, palm oil and nickel must keep all export proceeds in state-owned banks for at least a year
Indonesia to levy gold export duties from Dec 23
The taxes will rise to between 10% and 15% once the reference price reaches US$3,200 per troy ounce
Indonesia pushes back on Bali’s plan to ban Airbnb rentals
Regulators will instead encourage owners of villas and guest houses to get proper licences
US trade deal with Indonesia at risk of collapse, US official says
[WASHINGTON] A US trade agreement reached with Indonesia in July is at risk of collapsing because Jakarta has backtracked on several commitments it made as part of the deal, a US official said on Tues...
Fire breaks out at seven-storey building in Jakarta, 20 dead
The fire erupted on the first floor at around midday
Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas
The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara
Indonesia says more than 51.8 trillion rupiah in recovery funds required after Sumatra floods
The death toll has reached 950
Shell resumes Indonesian sales after restrictions curbed supply
The company has about 200 gas stations across the country
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
The country has more than 19 million capital market investors and 17 million cryptocurrency traders
Indonesia coal plant seen as flagship for fuel’s exit scraps early closure
[JAKARTA] A coal-fired power plant in Indonesia scheduled to close down early and act as a flagship for efforts to shift Asia’s economies away from the fossil fuel has scrapped proposals to shutter ah...
