Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east Asia’s largest economy. The region’s largest gold…
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Indonesia
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs),…
Goldfinch Stakes Claim in Indonesian Creative Economy With Government-Backed Venture (EXCLUSIVE)
U.K. entertainment financier Goldfinch is making power moves in Southeast Asia’s largest market, inking a landmark joint venture to launch Goldfinch Indonesia. The deal, unveiled in…
Indonesia amends mining law to boost access, support processing
Indonesia is a major coal exporter and has rich deposits of tin, copper and bauxite, among other metals INDONESIA’S parliament on Tuesday (Feb 18) passed a bill to revise the country’s…
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said in a…
Indonesia is halting this $3 billion tourism project linked to Trump. Here’s why
Indonesian authorities have ordered the halting of development of a tourism project affiliated with U.S. President Donald Trump over water management and environmental issues, officials…
Netflix Unveils 2025 Southeast Asian Slate With Thai Zombies, Indonesian Queens and High Society Murders
Netflix has revealed its slate of original series and films from Thailand and Indonesia set to premiere throughout 2025, as the streaming service continues to invest in Southeast Asian…
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for offsets and attract more investment for local…
Apple executives discuss potential investment in Indonesia
Indonesia's Industry Minister Agus Gumiwang Kartasasmita reportedly held talks recently with Apple executives about the company's potential investment in the Southeast Asian country. This…
Volunteers clean up Bali's beach from "worst" monsoon-driven trash
Hundreds of volunteers joined a cleanup in Bali, Indonesia, Saturday as monsoon rains brought what an activist described as "the worst" waves of plastic waste to hit its tourist-favoured…
Deseret News archives: Earthquake-tsunami whammy struck Italy in 1908, Indonesia in 2004
A look back at local, national and world events through Deseret News archives. On Dec. 28, 1908, a major earthquake followed by a tsunami devastated the Italian cities of Messina and…
20 years after a devastating tsunami, a survivor celebrates what the disaster has given him
KHAO LAK, Thailand — Watana Sittirachot was raised at an orphanage in Thailand for children affected by the 2004 Asian tsunami. Now, 20 years after the disaster changed the course of his…
Apple’s US$1 billion investment may be fleeting win for Indonesia
INDONESIA claimed victory after Apple offered to increase its investment in the country to US$1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone…
Indonesia weighs deep cuts to nickel mining to boost prices
INDONESIA is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal, according to sources familiar with the matter. The Energy and Mineral…
Indonesia politician did not 'promise cash handout' to celebrate poll win: campaign
Politicians in Indonesia are regularly targeted by online scammers who use edited videos to impersonate them and push spurious financial schemes. In the latest case, a candidate running…
Indonesia expects US$1 billion investment commitment from Apple in a week
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), following the ban on iPhone 16 sales for…
Billionaires plan major new city for 2060
Indonesian billionaires are embarking on an ambitious $16 billion project to transform a formerly impoverished area of North Jakarta into a sprawling urban and tourist hub by 2060. Known…
Indonesian fishermen rescue 116 Rohingya refugees
LHOKSEUMAWE, Indonesia (AP) — Indonesian fishermen on Saturday rescued 116 Rohingya refugees, mostly hungry and weak women and children, after their rickety boat sank, officials said. The…
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry minister INDONESIA has rejected an Apple US$100 million investment…
Video of China 'bending bridge' falsely shared as new tourist attraction in Indonesia
After a distinctive glass tourist bridge opened with limited access in Indonesia, a video spread online with a false claim that it showed the new attraction. However, the clip actually…
Indonesia curbing nickel supply to support locals: Eramet
INDONESIA is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet. The French miner, which…
Woman-owned cafe in Indonesia's Sharia stronghold shakes stigma
In what claims to be the only woman-run cafe in the capital of Indonesia's most conservative province, owner Qurrata Ayuni says she and her baristas provide an alternative to rowdy,…
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday (Nov 20).…
Few have heard of this scenic train journey through Indonesia (and it’s a bargain, too)
The train click-clacks along at a steady rhythm, passing through various shades of green. Lush rice fields morph into dense forests, while rivers glisten in the morning sun. The verdant,…