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Indonesia

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  • DIARY- Top Economic Events to June 15 Monday, 1 Jun 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on the U.S. economic outlook and monetary policy at the Center for Strategic and International Studies- 1400 GMT. PARIS- Organisation for Economic Cooperation and Development Forum 2015. PARIS- European Central Bank board member Daniele Nouy speaks at the panel discussion "Unlocking...

  • Global stocks mostly higher in quiet trading day Monday, 25 May 2015 | 4:49 AM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.

  • Migrant crisis: Malaysia finds 139 mass graves Monday, 25 May 2015 | 4:05 AM ET
    Malaysia Inspector-General of Police Khalid Abu Bakar speaks to the media during press conference announcement of a suspected mass grave site of ethnic Rohingyas between the Malaysia-Thailand borders.

    Malaysia uncovers 139 graves thought to contain the remains of migrants scattered around suspected human trafficking camps.

  • Asian stock markets mostly higher in quiet trading day Sunday, 24 May 2015 | 11:29 PM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. Singapore, Manila and New Zealand also rose. GREECE DEBT: Greece's ruling Radical Left Coalition rejected a call by party hardliners to skip its next payment to the International Monetary Fund.

  • SINGAPORE, May 22- China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations. No details of the ownership structure were disclosed, but delegates told Reuters that China would likely...

  • SINGAPORE/ NEW DELHI, May 22- China-backed Asia Infrastructure Investment Bank on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore. Delegates told Reuters that China would likely take a 25-30 percent stake in the bank, and India was likely to be the...

  • But move would be good for rice exporters Thailand, Vietnam. JAKARTA, May 21- Indonesia's president could be forced to backtrack on promises to curb rice imports, with analysts saying the country may ship in as much as 1.6 million tonnes of the staple grain this year due to soaring prices at home and the threat of a strong El Nino. "Sometimes Indonesia's policy isn't...

  • New rules no fix for Indonesia's dollar fixation Tuesday, 19 May 2015 | 5:00 PM ET

    JAKARTA, May 20- As Indonesia prepares to ban domestic use of the dollar to build faith in its own currency, it might succeed in taking the greenback out of local hands, but much of the benefit of the reform will be lost as local heads still calculate in dollars. Many businesses say they will still effectively be hostage to gyrations in Indonesia's volatile rupiah...

  • For Indonesia, these are the risks on the horizon   Tuesday, 19 May 2015 | 12:32 AM ET
    For Indonesia, these are the risks on the horizon

    Wellian Wiranto, economist at OCBC, says Indonesia risks seeing a widening in current account deficit in the second quarter, alongside domestic inflation issues.

  • Bank Indonesia will hold off on rate cut: Pro   Monday, 18 May 2015 | 11:41 PM ET
    Bank Indonesia will hold off on rate cut: Pro

    Santitarn Sathirathai, head of Southeast Asia and India Economics Research at Credit Suisse, says a rate cut on Tuesday will be premature amid rising inflation and expectations that the Fed will delay the rise in interest rates.

  • Bearish on Thailand's macro outlook: Economist   Monday, 18 May 2015 | 9:36 PM ET
    Bearish on Thailand's macro outlook: Economist

    Deyi Tan, ASEAN economist at Morgan Stanley, does not expect a V-shaped recovery for Thailand due to factors such as falling exports and a lack of aggressive fiscal policy.

  • JAKARTA, May 19- For Indonesia's second-largest state construction firm PT Wijaya Karya Tbk, the half-year since President Joko "Jokowi" Widodo took office with promises of a massive infrastructure push has been as much about waiting as it has been about building. Shares of Wijaya Karya, PT Waskita Karya Tbk, PT Adhi Karya Tbk and PT Pembangunan Perumahan Tbk now...

  • BANGKOK, May 18- Thailand surprisingly reported quarterly growth for January-March, which economists attributed to changes in past data calculations and said the economy is still making little headway. "The momentum is still quite weak in Q1," said Santitarn Sathirathai, Singapore- based head of Southeast Asia economics for Credit Suisse.

  • KUALA, LUMPUR, May 15- Malaysia's economy posted 5.6 percent growth in the first quarter, beating forecasts and just a tad slower than the previous quarter, as it showed resilience in the face of weak global prices for energy and commodity exports. After releasing the data, Bank Negara Malaysia's Governor Zeti Akhtar Aziz said the Southeast Asian economy was...

  • *April trade surplus $454 mln, vs $120 mln forecast. JAKARTA, May 15- Indonesia posted a trade surplus for the fifth straight month in April, but that stemmed from imports tumbling more quickly from a year earlier than exports did, showing that the economy remained sluggish at the start of the second quarter. The Statistics Bureau did not give an April breakdown, but...

  • Tracking the outlook of Malaysia, Indonesia   Thursday, 14 May 2015 | 9:34 PM ET
    Tracking the outlook of Malaysia, Indonesia

    Vishnu Varathan, senior economist at Mizuho Bank, explains what a weaker U.S. dollar and stabilization in oil prices mean for the Indonesian rupiah and Malaysian ringgit.

  • DIARY- Emerging Markets Economic Events to May 28 Thursday, 14 May 2015 | 8:02 PM ET

    Greek Prime Minister Alexis Tsipras, Finance Minister Yanis Varoufakis, Deputy Finance Minister Dimitris Mardas, Economy Minister George Stathakis, Chief Executive of the European Financial Stability Facility and Deputy Director at the European Department at International Monetary Fund Pul Thomsen are among keynote speakers. PRAGUE- The "History of...

  • DIARY- Emerging Markets Economic Events to May 26 Tuesday, 12 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • SINGAPORE, May 12- ExxonMobil has begun ramping up production at a new Indonesian oilfield, targeting peak output later this year of more than 200,000 barrels per day that will add to an already oversupplied crude market. Output from the Banyu Urip field, part of ExxonMobil's Cepu block in East Java, is crucial to Indonesia's long-term efforts to meet rising...

  • DIARY- Emerging Markets Economic Events to May 25 Monday, 11 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.