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Indonesia

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  • JAKARTA, May 10- When Indonesian President Joko Widodo summoned his economy ministers to the palace last week to discuss growth slumping to its lowest level since 2009, they weren't the only ones to show up. Dozens of senior figures from Widodo's political party arrived to make their views heard after data showed Southeast Asia's largest economy is smaller, in...

  • Tensions mount for Indonesia as economy skids Sunday, 10 May 2015 | 7:43 PM ET

    Slow progress boosting growth and sniping from within the Indonesian president's own party have left the former furniture salesman increasingly isolated.

  • JAKARTA, May 10- When Indonesian President Joko Widodo summoned his economy ministers to the palace this week to discuss growth slumping to its lowest level since 2009, they weren't the only ones to show up. Dozens of senior figures from Widodo's political party arrived to make their views heard after data showed Southeast Asia's largest economy is smaller, in...

  • Will Indonesia's Mideast maid ban backfire? Thursday, 7 May 2015 | 10:08 PM ET
    Indonesian activists protest against the death penalty, in response to the execution of 2 Indonesian maids in Saudi Arabia.

    Indonesia has imposed a ban on any more of its domestic helpers from working in 21 Middle Eastern countries, but will the move backfire?

  • Indonesia's consumer growth story falters Thursday, 7 May 2015 | 8:15 PM ET

    Indonesians are slowing their spending. That's bad news for its consumer companies and a dampener on an economy counting on household spending.

  • DIARY- Emerging Markets Economic Events to May 21 Thursday, 7 May 2015 | 8:02 PM ET

    BUCHAREST- Romania central bank Governor Mugur Isarescu presents the quarterly inflation report. LUSAKA- Bank of Zambia announces interest rate decision. ACCRA- Central bank of Ghana holds monetary policy meeting.

  • Amid looming rate hike, how vulnerable is ASEAN?   Thursday, 7 May 2015 | 12:06 AM ET
    Amid looming rate hike, how vulnerable is ASEAN?

    Anantha Nageswaran, CEO of Vansight, says factors such as a high foreign ownership of government bonds make Indonesia vulnerable to a Fed rate hike.

  • Using basic economics to fight a $10B black market Wednesday, 6 May 2015 | 2:52 PM ET
    Shoppers look at birds in a market place in Sumatra, Indonesia.

    The global wildlife trade is huge and dangerous to many animals, but tough to track. Economics might offer some answers.

  • JAKARTA, May 5- Indonesia's economic growth in the first quarter slumped to its weakest annual pace since 2009, leaving its central bank in a bind as rising inflationary pressures and a faltering currency crimp its ability to jump-start Southeast Asia's biggest economy. "Sequential growth momentum probably has bottomed in the first quarter already but the...

  • Indonesia’s growth stumbles in first quarter Tuesday, 5 May 2015 | 3:48 AM ET

    Indonesia's economy stumbled, with first-quarter growth below expectations, amid signs the government's stimulation efforts may be falling short.

  • Don't count on BI to prop up growth: Nomura   Tuesday, 5 May 2015 | 12:13 AM ET
    Don't count on BI to prop up growth: Nomura

    As much as Bank Indonesia wants to support growth, the central bank's hands are tied amid higher inflation, says Euben Paracuelles, executive director & South East Asia economist at Nomura.

  • Indonesia growth to be 'slightly below 5%': OCBC   Monday, 4 May 2015 | 11:48 PM ET
    Indonesia growth to be 'slightly below 5%': OCBC

    Wellian Wiranto, economist at OCBC, says the downward adjustment in Indonesia's growth forecasts reflects expectations as to how much the new government can achieve in the short term.

  • Australian official: Ties with Indonesia still strategic

    Steven Ciobo, parliamentary secretary to the Minister for Trade and Investment and Minister for Foreign Affairs of Australia, discusses the relationship with Indonesia after the execution of two Australian drug convicts.

  • JORHAT, India, May 5- Usha Ghatowar smiles wryly when asked about the pay she earns picking leaves at a colonial-era tea garden in India's Assam. Scientists say climate change is to blame for uneven rainfall that is cutting yields and lifting costs for tea firms such as McLeod Russel, Tata Global Beverages and Jay Shree Tea. Assam Chief Minister Tarun Gogoi, whose...

  • Tracking the outlook of China, Indonesia   Monday, 4 May 2015 | 12:32 AM ET
    Tracking the outlook of China, Indonesia

    Kunal Ghosh, emerging market portfolio manager at Allianz Global Investors, outlines his expectations for easing from China and explains why investors should be careful of Indonesia for the time being.

  • Indonesia: No longer Asia's market darling?   Monday, 4 May 2015 | 12:20 AM ET
    Indonesia: No longer Asia's market darling?

    Sani Hamid, director, Wealth Management, Economy & Market Strategy at Financial Alliance, says Indonesian markets will likely see profit-taking for the next 12-24 months amid a looming U.S. rate hike.

  • Indonesian Fin Min: Planning more stimulus in Q2   Sunday, 3 May 2015 | 11:37 PM ET
    Indonesian Fin Min: Planning more stimulus in Q2

    Speaking to CNBC at the Asian Development Bank's annual meeting in Baku, Bambang Brodjonegoro, finance minister of Indonesia, outlines his plans to boost the economy.

  • Indonesia: No more Mr. nice guy Sunday, 3 May 2015 | 8:05 PM ET
    Joko "Jokowi" Widodo.

    Indonesia's president is gaining a reputation as executioner-in-chief, possibly to counter perceptions he's politically weak. The Financial Times reports.

  • Why the AIIB won't compete with ADB   Sunday, 3 May 2015 | 7:53 PM ET
    Why the AIIB won't compete with ADB

    Bambang Brodjonegoro, finance minister of Indonesia, says the roles of the Asian Development Bank and China-led Asian Infrastructure Investment Bank are complementary.

  • Indonesian Fin Min: 'Bali Nine' backlash is 'unfair'

    With capital punishments also in place in Singapore and Malaysia, it is unfair for Indonesia to be criticized for the execution of drug convicts, says Bambang Brodjonegoro, finance minister of Indonesia.