Defense spending among nations in the South China Sea region is rising, but most of it isn't going to the United States.» Read More
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...
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...
Indonesia has imposed a ban on any more of its domestic helpers from working in 21 Middle Eastern countries, but will the move backfire?
Indonesians are slowing their spending. That's bad news for its consumer companies and a dampener on an economy counting on household spending.
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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 economy stumbled, with first-quarter growth below expectations, amid signs the government's stimulation efforts may be falling short.
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.
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.
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...
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.
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.
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's president is gaining a reputation as executioner-in-chief, possibly to counter perceptions he's politically weak. The Financial Times reports.
Bambang Brodjonegoro, finance minister of Indonesia, says the roles of the Asian Development Bank and China-led Asian Infrastructure Investment Bank are complementary.
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.