Douglas Ramage, managing director at Bower group Asia, discusses Indonesia after the country's highest court upheld Widodo's election win and says the new president will focus on reforming bureaucracy.» Read More
JAKARTA, Aug 22- President-elect Joko Widodo will sit down with Indonesia's outgoing leader next week in the hope of reaching an agreement to raise fuel prices before the handover in October, a move that would help ease budget-sapping subsidy costs.
JAKARTA, Aug 22- President-elect Joko Widodo will sit down with Indonesia's outgoing leader next week to discuss pressing economic issues, as investors closely watch for his cabinet picks and his plans to wind down a budget-sapping fuel subsidy scheme.
JAKARTA, Aug 22- Indonesian stocks opened near a record high and the rupiah strenghtened on Friday, a day after the country's highest court gave Joko Widodo the green light to lead Southeast Asia's largest economy from its worst slowdown since the global financial crisis.
JAKARTA, Aug 21- Indonesia's highest court on Thursday unanimously upheld last month's presidential election result, paving the way for Joko Widodo to take over as leader of the world's third largest democracy.
*Widodo expected to get' green light' as president. JAKARTA, Aug 21- Indonesian police fired teargas to disperse thousands of protesters outside the country's top court in Jakarta on Thursday, as judges started delivering their verdict into last month's disputed presidential election.
JAKARTA, Aug 21- Indonesian police fired tear gas to disperse thousands of protesters outside the country's top court in Jakarta on Thursday, as judges started delivering their verdict into last month's disputed presidential election.
*Widodo expected to get' green light' as president. JAKARTA, Aug 21- Indonesia's highest court is widely expected on Thursday to uphold last month's hotly contested presidential election, paving the way for Joko Widodo to take over as leader of the world's third largest democracy. The verdict, expected at around 2 p.m., cannot be appealed.
Tony Fernandes, CEO of AirAsia, explains why he's still upbeat about the airline's business in Thailand despite making a loss for the first time in the second quarter.
*Indonesia, Vietnam look "most promising" in Asia. TOKYO, Aug 19- JX Nippon Oil& Energy Corp is looking at building refineries and petrol stations in Indonesia and Vietnam as fuel consumption slumps at home, in what would be its first major downstream oil investment in Asia outside Japan.
BEIJING, Aug 18- China said on Monday it regretted World Trade Organisation members had failed to reach an agreement on simplifying global customs rules, a breakdown it said could damage multilateral trade.
JAKARTA/ PHNOM PENH, Aug 18- Labour leaders behind the biggest strikes in Cambodia's $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries.
James Thom, Investment Manager at Aberdeen Asset Management, Asia, explains why he likes Indonesia's consumer and telecommunication equities.
Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist at Morgan Stanley, explains why he's overweight on Singapore. He also discusses the outlook for Indonesian and Thai stocks.
The move to hold rates steady on Thursday will help the central bank achieve its inflation target by year-end, says Perry Warjiyo, Deputy Governor of Bank Indonesia.
Daniel Martin, Asia Economist at Capital Economics, says Indonesia's troubled current account balance will likely lead the Bank Indonesia to hold rates steady for the rest of the year.
The body of an American woman was found stuffed inside a suitcase at the St. Regis Hotel in Bali, reports CNBC's Scott Cohn.
JAKARTA, Aug 7- Freeport-McMoRan Inc's Indonesia unit will complete on Thursday loading for its first copper concentrate export shipment since new mining rules were introduced in the Southeast Asian nation, the unit's CEO said.
NEW DELHI, Aug 5- India is confident that it will be able to persuade members of the 160- strong World Trade Organization to understand its concerns over food security which derailed a global trade deal last week, the country's trade minister said.
Nirmala Sitharaman told parliament that the Bali trade accord should be concluded as a package, linking India's ratification of a trade facilitation treaty to movement on a parallel pact on stockpiling of food.
JAKARTA, Aug 5- Indonesia's economy unexpectedly failed to gain traction in the second quarter due to weak investment and exports, underscoring problems the new president will need to deal with to get the country's growth rate back up.