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Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those notes The gap between yields of Indonesia’s short- and…
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee Indonesian markets are set for a fresh bout of…
The rupiah has weakened 2.3% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee Indonesia’s currency weakened and stocks fell after Sri Mulyani…
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million consideration. The proposed acquisition will…
UOB has partnered with Indonesian edtech platform Ruangguru to give 90,000 students in the archipelago access to digital learning tools and future-ready skills. The five-year initiative,…
Barunson E&A, the Korean studio behind Bong Joon Ho’s Oscar-winning “Parasite,” will handle worldwide sales for acclaimed Indonesian filmmaker Joko Anwar‘s production company Come and See…
Indonesian stocks are closing in on an all-time high as booming domestic demand offsets a deluge of foreign outflows. Foreign investors have sold a net US$3.8 billion in local shares so…
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the past year. The 81-year-old, who is Indonesia’s…
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the…
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO Max Tan Indonesian petrochemical producer Chandra…
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food delivery company has run into regulatory hurdles,…
The Jogja-Netpac Asian Film Festival (JAFF) is gearing up for the second edition of JAFF Market at the Jogja Expo Center in Yogyakarta. The industry platform returns following a successful…
Barunson E&A, the Korean company behind Bong Joon Ho’s Oscar winner “Parasite,” is expanding its global footprint through a new partnership with buzzy Indonesian production banner…
Indonesia’s sovereign bond market is on course for its first monthly foreign outflows of the year as economic instability and a falling rupiah erode investor confidence. Foreign investors…
BANK Indonesia’s plan to buy bonds that will be issued by the government to fund its ambitious housing programme is raising more concerns over the nation’s debt governance. The plan for…
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’S parliament is set to vote on Tuesday (Feb 18) on a bill to revise the country’s mining law to boost the development of domestic mineral processing industries and regulate…
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’S sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui are among prospective buyers of CVC Capital Partners’ 25 per cent stake in Indonesian toll road…
INDONESIA is close to a deal with Apple over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a government minister. South-east Asia’s largest…
A chilling video has emerged that captures the tragic moment when a teenager was swept away to her death while posing for a photo on a rocky beach, despite locals' desperate attempts to…
THE Indonesian arm of Malaysia-based home improvement retailer Mr DIY Group dropped in its stock market debut on Thursday (Dec 19) after raising 4.2 trillion rupiah (S$352 million) in…
MALAYSIAN wireless carrier Axiata Group and Indonesian conglomerate Sinar Mas Group are nearing an agreement to merge their telecommunications operations in South-east Asia’s largest…
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…
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