Hartmut Issel, Head of Wealth Management Research in Singapore for UBS, explains why Indonesian shares won't get a boost from Joko Widodo's confirmation as president of the country.» Read More
SINGAPORE, Aug 28-' Open data'- the trove of data-sets made publicly available by governments, organisations and businesses- isn't normally linked to high-wire politics, but just may have saved last month's Indonesian presidential elections from chaos.
SYDNEY, Aug 25- Shanghai copper hit its highest in around seven weeks on Monday, underpinned by steady consumer demand as the slow summer season fades, while London markets were shut for a bank holiday. *The most-traded October copper contract on the Shanghai Futures Exchange edged up 0.3 percent to 50,710 yuan a tonne.
NAGOYA, Japan/ TOKYO, Aug 24- When a Japanese carmaker issued a tender for shock absorbers a few years ago for a model it planned to sell in Indonesia, two suppliers came back with bids that were "so obviously coordinated," said an executive at the automaker.
Indonesia's chief economics minister, Chairul Tanjung, said he had got to a point where he felt only talking directly to the 76- year-old U.S. mining legend might break a deadlock in the six-month row, which had already cost Southeast Asia's top economy more than $1 billion and put thousands of jobs at risk.
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.
Richard Martin, Managing Director at IMA Asia, says Jokowi needs to focus on assembling his Cabinet after Indonesia's highest constitutional court upheld his presidential victory on Thursday.
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.