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Coal still gold for Indonesia’s Mandiri; Ringgit trumps Singdollar

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Goh Ruoxue

Goh Ruoxue

Published Fri, Oct 4, 2024 · 12:30 PM
    • A boy jumps into the canal with one of Indonesia’s coal-fired power plants in the background, in West Java province. The world’s fifth-largest coal producer plans to retire some of such plants by 2030.
    • A boy jumps into the canal with one of Indonesia’s coal-fired power plants in the background, in West Java province. The world’s fifth-largest coal producer plans to retire some of such plants by 2030. PHOTO: REUTERS

    This week in Asean: 

    Dear BT reader,

    In a blow to the nation’s green ambitions, Indonesia’s largest state-owned lender has made a billion-dollar investment into a coal-fired power plant in South Sumatra. 

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