indonesia

(Aug 7): It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment.

SINGAPORE (July 29): “Generally speaking, you have resilience in the services sector and in the construction sector. At the same time, this outlook is getting worse and worse. And it’s getting worse and worse in manufacturing, especially. And it’s g

SINGAPORE (June 13): GIC, global long-term investor and manager of Singapore’s foreign reserves, and data centre provider Polymer Connected today announced a partnership to develop a data centre campus in Jakarta, Indonesia.

SINGAPORE (May 22): At least six people were killed and hundreds more injured in clashes between police and supporters of Indonesian presidential candidate Prabowo Subianto in the worst political violence to hit Jakarta in two decades.

(May 21): Indonesian President Joko Widodo won last month’s bitterly contested election by a double-digit margin, official results showed Tuesday, putting the former furniture exporter in charge of the world’s largest Muslim-majority nation for anothe

SINGAPORE (May 13): Sinarmas Land has reported 54.6% higher 1Q earnings of $43.3 million from $28 million in 1Q18, which came on the back higher revenue and margins as well as lower expenses.

SINGAPORE (Apr 29): President Joko Widodo (Jokowi) cruised to victory in last week’s presidential election against his only challenger, Prabowo Subianto. The “quick count” of votes showed Jokowi winning the election by a clear majority of around 54%

SINGAPORE (April 2): Maybank Kim Eng is maintaining “buy” on Japfa with an unchanged price target of $1.05 despite recent declines in Indonesian poultry stocks, due to market fears of oversupply after broiler prices declined further in March.

(Mar 13): Chinese and Russian hackers are attacking Indonesia’s voter data base in a bid to disrupt the country’s upcoming presidential election, according to a senior election commission official.

SINGAPORE (Feb 1): Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion ($80.8 billion) in new investment.