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Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment, according to people familiar with the matter.
The rupiah may struggle to extend its recent rally, as lingering concerns over spending and trade temper optimism over Indonesia’s efforts to bolster policy credibility.
Undercover footage recorded by the BBC reveals he has been released after serving less than half his sentence.
BBC Eye has discovered a teacher who was imprisoned for sexually assaulting a student in Indonesia has been secretly released early.
The World Health Organization should look beyond its own budget for funds to support itself and member countries, according to Indonesia’s Health Minister Budi Gunadi Sadikin, who is seeking to lead the agency.
A former Australian official’s use of a hypothetical “aggressive Indonesia” to make the case for Aukus at a public inquiry has been called “clumsy diplomacy” by analysts, who say the comments risk reviving old suspicions as Jakarta and Canberra try to strengthen security ties. Michael Pezzullo, a former deputy secretary of strategy in Australia’s defence department, made the remarks in testimony on September 2 to the Aukus Public Inquiry, an independent, crowdfunded review of the trilateral...
Bad weather has pushed authorities to begin operations to right the capsized ferry.
Indonesia says vessel will be used to aid disaster relief across the archipelago.
Indonesia welcomed its first aircraft carrier on Friday, a former Italian warship that the government says will strengthen the archipelago nation’s maritime security and disaster response capabilities. The 41-year-old former ITS Giuseppe Garibaldi, with capacity for short take-off and vertical landing aircraft and helicopters, was welcomed with a military ceremony upon its arrival at a naval base in North Jakarta’s Tanjung Priok seaport. Rome in March agreed to give the carrier, which was...
Indonesia’s new finance minister will retain the policy of his predecessor of keeping about $17 billion in the government’s standby funds with state lenders to help boost borrowing and economic activity.
A Malaysian woman has died while scuba diving after she was caught in strong currents in Bali, Indonesia. According to local media portal Bali News, the victim, Siti Nuraini Rusidi, 40, was on a diving trip with a divemaster, boat captain and several other divers when the incident occurred at 11.10am local time on Wednesday. The trip’s divemaster, Eugenius Franciso Ray, 33, had reportedly raised concerns over her health when he noticed her coughing when the group was at the first dive site at...
Indonesia’s latest ferry disaster has exposed persistent weaknesses in maritime safety oversight, experts have said, with poor enforcement and inadequate supervision continuing to leave passengers vulnerable across the sprawling archipelago. The capsizing of the Virgo Transport 8 in the Java Sea on Sunday has intensified scrutiny of a system that analysts say too often comes under pressure only after deadly accidents, rather than preventing them. Six people have been confirmed dead and 129...
Indonesia is doubling its 2028 bioethanol-blending target to 20%, accelerating a push under President Prabowo Subianto to reduce reliance on fuel imports.
Indonesian President Prabowo Subianto has called for stricter regulations and sanctions against those who use slash and burn methods to clear land, as the country struggles to contain wildfires that have been raging for weeks. Indonesia is battling its most intense wildfires in 11 years, with “super El Nino” weather parching the country’s forests and fields. The islands of Borneo and Sumatra have been the worst hit, with the hazardous haze causing a spike in respiratory illnesses. Transboundary...
Japan’s proposed port upgrades in Indonesia’s Natuna Islands reflect Tokyo’s push to bolster South China Sea security without building an overt military footprint. However, analysts stress that the move does not mean Jakarta is siding with Japan in its efforts to contain Beijing. Japan, which earlier this year eased its restrictions on lethal weapons exports, is ramping up security cooperation with Indonesia – a crucial bellwether for Southeast Asia. The expanding partnership includes joint...
Jakarta, Sept. 17 (Jiji Press)--Japan's Self-Defense Forces has started work to extinguish forest fires in western Kalimantan, Indonesia. The Ground SDF's CH-47 helicopters started spraying river water scooped into large buckets Wednesday. According to Japan's Defense Ministry, it is the SDF's first firefighting operation outside of the country. The operation was slated to begin Sunda...
Struggling to breathe through the acrid haze emanating from wildfires on Indonesia’s Borneo Island, residents said on Wednesday they feared for their health but had little to do but wait out the foul-smelling hazard. Indonesia, which shares Borneo with Malaysia and Brunei, is grappling with forest fires that have ravaged swathes of the island, partly caused by the El Nino climate phenomenon that has also affected other countries in Southeast Asia and beyond. In Pontianak, the capital of West...
Indonesian National Economic Council Vice Chair Mari Pangestu believes the country may see a lower budget deficit next year. She also expects fiscal discipline from new Finance Minister Suahasil Nazara. She speaks with Paul Allen on "Insight with Haslinda Amin." (Source: Bloomberg)
Forest and peatland fires raging across Indonesia are threatening to become more than an environmental emergency, with analysts warning that the thickening haze could weigh on economic activity, strain public health and test confidence in the nation’s fledgling carbon market. Indonesia is no stranger to forest and peat fires, but this year’s super El Nino has helped make it the country’s most intense wildfire season in 11 years. Toxic haze and smoke have also drifted to neighbouring countries...
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Indonesia’s finance ministry is preparing to absorb debt payments for Whoosh, the China-funded high-speed railway connecting Jakarta and Bandung, in a move officials say will ease financial pressure on the state-owned enterprises that built and operate the line. The government has argued that the burden is manageable after the debt was restructured over 80 years, requiring annual instalments of about 1 trillion rupiah (US$56.5 million). But the plan has also raised concerns that taxpayers are...
Purbaya Yudhi Sadewa, who was sacked as Indonesia’s finance minister this week, said on Tuesday he was upset to be removed from his job, but was half expecting the decision. President Prabowo Subianto abruptly removed Purbaya as finance minister on Monday and named his deputy, Suahasil Nazara, to the top finance job, in a move that surprised markets but was also seen as an attempt to restore trust in financial policies. After a terse handover ceremony at the finance ministry, Purbaya told...
Indonesia’s state-owned banks face rising credit and earnings risks after government-driven lending pushed loan growth to more than twice the industry pace, according to S&P Global Ratings.
Nickel Industries Ltd. halted the ramp-up of one of its Indonesian processing plants due to water shortages, a sign of how an El-Niño linked drought is hurting output in the world’s top producer.
President Prabowo Subianto’s economic team overhaul is seen by investors as an acknowledgment that his policies have come at a cost and a signal of a return to more stable policymaking.
Suahasil Nazara, Indonesia’s new finance minister, is an experienced insider and familiar face for investors, having served as a deputy over the past seven years.
The appointment of Suahasil Nazara as Indonesia’s new finance minister signals the government’s recognition of its fiscal challenges, according to analysts.
Indonesia’s President Prabowo Subianto has sacked the finance minister and appointed the deputy finance minister as his replacement, the president’s office said on Monday. Deputy Finance Minister Suahasil Nazara was among the senior officials who arrived at the state palace for a swearing-in ceremony. Earlier on Monday, Finance Minister Purbaya Yudhi Sadewa had left in the middle of a parliamentary hearing. Suahasil Nazara had been deputy finance minister since 2019. He said on Monday...
Hundreds of Indonesian rescuers including the coast guard and the navy raced on Monday to board a passenger ship that capsized in the Java Sea over the weekend as they searched for 129 people still missing, officials said, with the confirmed death toll at six.