Indonesia

INDONESIA: An Indonesian Foreign Ministry official urged the G20 to assist end the Ukraine conflict on Friday (Jul 8) at a summit that brought together some of the most vocal critics and Russia’s top ambassador. It’s been “business as usual” in the run-up to the Bali forum, with top Western and Japanese officials underlining that the war and its impact …

INDONESIA: “Really soon,” Indonesia’s Ministry of Agriculture responded in answer to CNA’s questions on Wednesday, when asked about Indonesian chicken exports to Singapore (Jul 6). It also stated that additional enterprises are working with the government to get licences for the exportation of poultry. Earlier this month, Singapore stated that Indonesia had been added to its list of countries from …

INDONESIA: As a council member in a plantation area warned farmers faced an “emergency” owing to falling prices, Indonesia upped the palm oil export quota on Tuesday (Jul 5), hoping to curb soaring inventories of the edible oil. After a three-week export embargo that ended on May 23 resulted in a significant buildup of domestic stockpiles and outraged farmers by …

INDONESIA: Almost a decade ago, Indonesia was dubbed one of the “Fragile Five” developing markets, a group of countries whose economies are particularly sensitive to capital flight and a depreciation of their currencies in response to an increase in global interest rates. The greatest economy in Southeast Asia and its capital markets have shown extraordinary resilience during a new wave …

INDONESIA: Indonesia and the United Arab Emirates signed a free trade deal on Friday (Jul 1), enhancing economic links between the two countries. The agreement, signed during Indonesian President Joko Widodo’s visit to Abu Dhabi, eliminates or significantly reduces taxes on most commodities exchanged between the Muslim countries. A reduction or elimination of duties on Emirati petrochemical and rubber products …

INDONESIA: Russian President Vladimir Putin received a message from Ukrainian President Volodymyr Zelenskyy through Indonesian President Joko Widodo, who was in Moscow on Thursday (Jun 30). Putin met with Indonesian President Joko Widodo more than four months after Moscow launched a military attack in Ukraine. Currently preparing to host the G20 summit in Bali in November, Indonesia is the rotating …

INDONESIA: Raihan Fauzi, 25, had been looking forward to this game his entire life. Surabaya Persebaya and Bandung Persib were scheduled to face each other on June 17. The match was held in Persib’s home ground, Gelora Bandung Lautan Api (GBLA), where the contest was held. With the help of his distant relative, Asep Ahmad Solihin, 29, known as Ahmad, …

JAKARTA: Investigators are looking into potential irregularities in the procurement of Bombardier and ATR planes, Indonesia‘s attorney general said on Monday (June 27), in agreements the state auditor said resulted in US$600 million losses. From 2005 to 2014, Emirsyah Satar served as the flag-CEO, carrier’s and he was sentenced to eight years in prison in 2020 for bribery and money …

INDONESIA: Joko Widodo gifted new Australian Minister Anthony Albanese with a bamboo bicycle when he toured the presidential palace gardens south of Jakarta earlier this month. As soon as Singgih Susilo Kartono realized the leaders would be riding the Spedagi model he had handcrafted in a little town on the island of Java, he was ecstatic. During the symbolic bike …

JAKARTA: Due to concerns from two creditors, the ratification of Garuda Indonesia’s deal to restructure the airline’s more than 9 billion dollar debt has been postponed for a week, according to an administrator. Garuda’s restructuring proposal was approved by the majority of its creditors last week, and the agreement was set to be formalized in a meeting on Monday. The …