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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.
Indonesia intensified its search operation on 14 September for 129 people still missing after the Virgo Transport 8 ferry capsized in rough seas in the Java Sea the previous day. By then, 108 survivors had been rescued and six bodies recovered.
Indonesian rescue teams on Monday deployed specialised underwater teams and navy-operated underwater drones as the search for more than 120 people missing in the Virgo Transport 8 ferry capsizing intensified.
Officials say more than 600 rescuers battle stormy seas in search for missing people.
Jakarta, Sept. 14 (Jiji Press)--Japan's Self-Defense Forces will soon begin work to extinguish forest fires in western Kalimantan, Indonesia, in its first firefighting operation abroad. The Maritime SDF's Kunisaki transport vessel, carrying three CH-47 large helicopters of the Ground SDF, arrived at a port in West Kalimantan province on Thursday. SDF personnel continued coordinating with...
Six people have been killed and 130 remain missing after a passenger ship capsized in the Java Sea off Indonesia.
At least one person has died and more than 100 people remain missing after a ferry carrying 243 people sank in rough weather between the Indonesian islands of Java and Borneo. The disaster is the second major ferry accident in the region in five days, renewing concerns over safety standards, overcrowding and maintenance.
The nation's search and rescue team said it lost contact with the Virgo Transport 8 in the early hours of Sunday morning.
Search and rescue ongoing after Virgo Transport 8, with 243 people on board, lost contact with its operator.
Indonesian rescuers launched a search operation on Sunday after a passenger ship carrying 240 people lost contact in the Java Sea while travelling from East Java to South Kalimantan on Borneo Island, officials said. The Search and Rescue Office in Banjarmasin, the capital of South Kalimantan province, said they received a report the Virgo Transport 8 had experienced a communication failure while en route to the city from Surabaya, Indonesia’s second largest city in East Java province. Initial...
Irma smells the fire before she sees it: a column of thick, yellow-tinged smoke rising above the tree line near her small wooden home. She pulls on heavy rubber boots, checks her equipment and drives straight into the impenetrable smog emanating from wildfires devouring the peatland and ancient forests of Borneo. “I am terrified that the flames will reach residential areas. It is extremely dangerous,” the 39-year-old mother told This Week in Asia, moments before disappearing into the murk that...
Dr Asma Zafirah doesn’t need satellite images to know when Kalimantan is burning. She sees it in the watery eyes and laboured breaths of the patients at her clinic in Sarawak, and the children who are kept home from school to protect them from the toxic air. Southeast Asia’s transboundary haze crisis was meant to have been brought under control six years ago. But Borneo is once again belching out dangerous emissions, as fires in the peatlands and forests of Kalimantan – Indonesia’s section of...
Indonesian builder PT PP will restructure 18.2 trillion rupiah ($1 billion) of bank loans, adding to sovereign wealth fund Danantara’s mounting burden of cleaning up troubled state-owned companies.
Six orangutans including two nursing infants have been rescued from fires raging on Borneo island in the past week, Indonesian authorities and rescuers said on Thursday, bringing the total to 15 in a month. The apes were saved from plantations in deep rural West Kalimantan province, on the Indonesian part of the island, where they got stuck after fires cut off access to their forest home, according to the forestry ministry and the YIARI wildlife rehabilitation foundation. A large fire was...
Indonesia’s wildfires are creeping towards Nusantara, the country’s new capital under construction on Borneo island, challenging its promise of becoming an eco-friendly “smart forest city”. The Southeast Asian nation is battling what officials call its most intense wildfire season in 11 years. Nearly 202,000 hectares (499,000 acres) of forest and peatland have been razed nationwide from January to June, according to Sipongi, the Indonesian forest ministry’s monitoring platform. Sipongi data...
PT Amman Mineral Internasional, one of Indonesia’s biggest copper and gold producers, has picked banks for a listing in Hong Kong that could raise at least $1 billion, according to people familiar with the matter.
Indonesia is demanding that Netflix pay an estimated 75 billion rupiah (US$4.3 million) in royalties accumulated since its launch in the country or risk being shut down. The National Collective Management Organisation (LMKN), a government-supported agency overseeing the country’s royalty system, said the streaming platform had not paid music royalties since entering the Indonesian market 10 years ago, the Jakarta Globe reported. “The amount is estimated at around 75 billion rupiah, which Netflix...
Global investors are tiptoeing back into Indonesian markets after the turmoil witnessed earlier this year, drawn by a striking rebound in local assets as policymakers stepped in to restore stability.
Indonesia is facing a surge in emissions from wildfires burning through parched stretches of forest and peatland on the islands of Borneo and Sumatra, with carbon dioxide readings currently the highest in the world, data has shown. Fire emissions from Indonesia from September 1 to September 7 reached 19.7 million metric tons, overtaking Russia this week and making up more than a third of the global total, according to Fire Emissions Watch, a portal developed by the European Union’s Copernicus...
Journalists missing after Indonesian volcanic eruption
Indonesian President Prabowo Subianto’s flagship free nutritious meals programme is facing renewed scrutiny after yet another wave of mass food poisoning that affected more than 2,000 students, raising questions about why safeguards on paper fail to translate to food safety on the ground. A series of illnesses were reported in Java, Sumatra, and Sulawesi in the past week. The latest was on Tuesday in Rembang, Central Java, where 200 students of an Islamic school showed symptoms of food poisoning...
Schools in the capital of Indonesia’s South Sumatra province switched to remote learning on Wednesday as worsening haze from forest and peatland fires pushed air pollution to unhealthy levels, adding to disruptions that had already affected more than 1.4 million students across the country, officials said. Indonesia has been plagued by forest and land fires for decades but an intensifying El Nino pattern and a prolonged dry season made the impact of the fires especially dire this year. Toxic...
PT Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the matter.
Some Hong Kong employment and travel companies have warned that air traffic in Jakarta could continue to face disruptions even after the Indonesian capital’s international airport reopened following a volcanic eruption that spewed ash into the sky, as airlines work through a backlog. GLC (Manado) Employment Service founder and director Chu Shek-yin told the South China Morning Post that he would not rush to book an air ticket for his client’s helper despite the resumption of operations at all...
The eruption of Anak Krakatoa in Indonesia has tested the country’s disaster preparedness, disrupting nearly 3,000 flights carrying more than 340,000 passengers as volcanic ash spread across the region. Authorities say they are monitoring the volcano, which remains under the country’s second-highest alert status. According to scientists, the event’s exceptional scale makes its impact hard to anticipate. The eruption has renewed debate on whether Indonesia’s monitoring and disaster planning can...