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Reuters

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Indonesia, ADB launch first coal power plant retirement deal

Cirebon 1 power plant in West Java would be refinanced on the condition it ends operations 10-15 years early. Indonesia, the Asian Development Bank (ADB)...

Firms behind Indonesia’s high-speed rail seek another US$1 billion loan from China

The consortium building a China-funded high-speed railway in Indonesia is seeking a 16.1 trillion rupiah (US$1.03 billion) loan top-up from China Development Bank (CDB)...

Indonesia may seek prosecution of pharma firms as child acute kidney injury deaths rise

Indonesia's food and drugs agency on Monday (Oct 24) said it may pursue criminal action against two pharmaceutical firms that made products linked to...

Indonesia to extend loan relief for some pandemic-hit sectors

Indonesia's financial regulator plans to extend regulations for loan forbearance for some sectors that have yet to recover from the impact of the COVID-19...

Indonesia may extend palm oil export levy waiver to year-end – minister

Indonesia, the world's biggest producer of palm oil, may extend an export levy waiver on the edible oil to the end of this year,...

Indonesia to offer investment incentives for new capital

Indonesia is preparing an incentives package to attract investment in its future $32 billion capital city Nusantara, an official said on Tuesday, hoping to...

NSO Group targeted Indonesian officials

Targets reportedly included chief economic minister, senior military personnel and two regional diplomats. More than a dozen senior Indonesian government and military officials were targeted...

Nestle to stop sourcing from Astra Agro Lestari

Food giant Nestle plans to stop sourcing from subsidiaries of Astra Agro Lestari (AAL), a major Indonesian palm oil producer accused by environmental groups...

Indonesia president revises Q3 GDP growth upwards

Indonesian President Joko Widodo on Thursday (Sep 29) said the rupiah exchange rate was in a good condition compared to other currencies and estimated...

Bank Indonesia actively preventing IDR fall: Official

Indonesia's central bank is always in the foreign market with its "triple intervention" measures to prevent any excessive fall in the rupiah currency, a...

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