Indonesia, Britain Sign Collaboration Agreement on Critical Minerals
WEB2 days ago · Britain on Wednesday signed a memorandum of understanding to collaborate on critical minerals with Indonesia, home to some of the world's largest mineral resources, the UK's embassy in Jakarta said. The agreement will support policy dialogue, sharing of technical knowledge and expertise and cover areas like supply chain resilience, sustainable ...
Federal Reserve Issues FOMC Statement (with Summary)
WEB19 hours ago · U.S. Federal Reserve Chair Jerome Powell on Capitol Hill in Washington, U.S., July 9, 2024. REUTERS/Kevin Mohatt. Federal Reserve issues FOMC statement. (September 18, 2024) Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low.
Indonesia's Central Bank Delivers Surprise Rate Cut
WEB2 days ago · BI RATE - JAKARTA. Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, opting to move hours ahead of the widely expected start of the U.S. Federal Reserve's easing cycle in a bid to bolster growth in Southeast Asia's largest economy. Bank Indonesia (BI) unexpectedly trimmed …
Indonesia Raises Palm Oil Price Cap in Domestic Supply Scheme
WEBAug 19, 2024 · Indonesia on Monday said it has revised rules for its palm oil industry, raising the price ceiling for produce sold under the domestic market obligation (DMO) scheme to encourage producers to improve the supply of cheap cooking oil. Under the DMO scheme, producers must sell some of their output locally at a …
26,000 Containers Blocked at Ports, Indonesia Issues New …
WEBMay 18, 2024 · The Indonesian government is taking action to address import licensing issues that have resulted in 26,000 containers being held up at ports. The hope is that this action will streamline the flow of incoming goods in the future. Airlangga Hartarto, the Coordinating Minister for Economic Affairs, stated that President Joko Widodo has directed a ...
Indonesia's Central Bank Delivers Surprise 25 bps Rate Cut
WEB2 days ago · CENTRAL BANK - JAKARTA. Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, opting to move hours ahead of the widely expected start of the U.S. Federal Reserve's easing cycle in a bid to bolster growth in Southeast Asia's largest economy. Bank Indonesia (BI) unexpectedly trimmed the benchmark rate by 25 ...
Indonesia Raises US$ 2.6 Billion in Dual-Currency Bonds
WEBSep 4, 2024 · Indonesia has raised US$ 2.63 billion in 8-, 10-, and 30-year bonds denominated in the dollar and the euro, the finance ministry said on Wednesday. Of the total raised, US$ 1.8 billion was in 10- and 30-year dollar bonds, while the remaining 750 million euro (US$ 829.35 million) was in 8-year bonds and issued under sustainable development goals ...
Outgoing Indonesia President to Name New Energy, Investment …
WEBAug 19, 2024 · INDONESIA - JAKARTA. Indonesian President Joko Widodo will name some new ministers, including for energy and investment, in a reorganisation of his cabinet on Monday that comes in the final months of his administration, a presidential palace official said. Jokowi, as the president is commonly known, will …
Indonesia President Says Plan to Start Working from New Capital …
WEBJun 5, 2024 · IKN NUSANTARA - JAKARTA. Indonesia's President Joko "Jokowi" Widodo said on Wednesday he plans to start working from the new capital city next month amid concerns over the future of the project following resignations of senior executives overseeing the development.
Outgoing Indonesian President Names Prabowo Aides to Cabinet
WEBAug 19, 2024 · Outgoing Indonesian President Joko Widodo has appointed people close to his successor in a cabinet reshuffle, including new energy and investment ministers, two months before he is due to step down, he said on Monday. Jokowi, as the president is commonly known, will leave office in October, replaced by …
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