Indonesia

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...

As of Tuesday afternoon, the death toll had reached 20.

Fire breaks out at seven-storey building in Jakarta, 20 dead

The fire erupted on the first floor at around midday

The task force has seized 3.7 million hectares of plantations and more than 5,300 hectares of mining operations, with a target to reach 4 million hectares by the end of the year.

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

The stations ran dry in October amid import restrictions imposed by the Indonesian government on private retailers such as Shell, BP and Vivo Energy.

Shell resumes Indonesian sales after restrictions curbed supply

The company has about 200 gas stations across the country

Indonesia is among the world’s leading adopters of cryptocurrency.

Robinhood to enter Indonesia with brokerage, crypto trader acquisition

The country has more than 19 million capital market investors and 17 million cryptocurrency traders

Cirebon-1 in West Java had been due to be retired almost seven years early under an agreement between Indonesia’s government, the Asian Development Bank (ADB) and other partners.

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...

Membership in the New Development Bank aligns Indonesia with a strategic partner whose footprint in the archipelago is already enormous.

Indonesia’s US$1 billion bet on the Global South

If Jakarta goes to the New Development Bank primarily for cheap loans, it could find itself repeating the very vulnerabilities it seeks to escape

Floodwaters in North Sumatra. Heavy rains in Indonesia have battered core production hubs for commodities including palm oil and pulp paper.

Where the flood line meets the bottom line for storm-hit South-east Asia

With climate volatility escalating, the region’s hard-won economic resilience is now on thin ice

An aerial view shows a section of oil palm plantations submerged in water amid deforestation in the mountains of Sumatra, Aceh province.

Indonesia pledges action on companies causing catastrophic Sumatra floods

The government will review forest governance, consider a moratorium on new permits and revoke the licences of violators