Jakarta, Indonesia (AP) — Indonesian authorities said that they seized an Iranian tanker and Panamanian tanker suspected of carrying out the illegal transfer of oil in their country’s waters Sunday.
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Younger People Get Vaccines First in Indonesia’s Unusual Rollout
Indonesia plans to vaccinate its young working-age population against the coronavirus before the elderly, in contrast to much of the world that’s planning on putting its vulnerable older people first
Continue reading »Indonesia’s Biggest Banks Resist Pressure to Lower Lending Rates
Indonesia’s lenders are pushing back against central bank pressure to further lower interest rates for their customers, a step policy makers believe can help pull the economy out of recession.
Continue reading »Battered Bali Sees Flicker of Recovery as Holiday Season Looms
Bali, the hardest-hit economy among Indonesia’s provinces last quarter, is seeing a pick-up in activity as its governor continues debating when and how the island can reopen to international travelers.
Continue reading »A Biden Win May Be Bad News for Thai and Indonesian Bonds
A victory by U.S. presidential candidate Joe Biden in next month’s election could push up Treasury yields, according to some analysts. In Southeast Asia, that may be especially bad news
Continue reading »Indonesian Firms Demand More Loans to Buy Pandemic-Hit Assets
Indonesia’s second-largest lender by assets says the nation’s companies are set to demand more loans, as they scoop up assets made cheaper by the pandemic. Some buyers are interested in
Continue reading »Three Reasons Why Indonesia Bonds Can Win Asia’s High-Yield Race
Indonesian bonds look set to win the beauty contest between Asia’s high-yield twins. The extra yield on the nation’s benchmark debt over India’s is closing in on the least this
Continue reading »Bank Indonesia Cuts Rates for Second Month to Aid Recovery
Bank Indonesia lowered its key interest rate for a second straight month, aiming to help the economy recover from the devastating impact of the coronavirus pandemic. The central bank cut
Continue reading »WHO Reports Record Cases; Indonesia Deaths Climb: Virus Update
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. The World Health Organization reported
Continue reading »Jakarta Subway Operator Mulls First Bond Sale to Expand Network
Indonesia’s first subway operator is weighing a bond sale to finance a part of the $40 billion network expansion plan as the coronavirus pandemic shrinks passenger traffic and government funding
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