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Asia Top News and Analysis Indonesia


  • *Vietnam govt dept had said it won tender to supply 1 mln T. HANOI/ JAKARTA, Oct 7- Officials at Indonesia's state food buyer said on Wednesday that no plan had been made to ship rice from Vietnam and that the two countries had only agreed on a contingency plan to guard against possible shortages resulting from dry weather. The deal, along with a 450,000- tonne supply...

  • Every day, it alone determines which city will be shrouded by peaty white smoke blowing from burning forests in Indonesia. Like neighbors who must tolerate the bad habits of the family next door, Malaysia, Singapore and Thailand have endured the annual problem of smoke that stings the eyes, irritates the throats and shuts down schools and airports.

  • *Malaysia and Indonesia look particularly vulnerable. *Indonesia' worried' about contagion effect- finmin. Malaysia and Indonesia, which export oil and other commodities to fuel China's factories, are looking vulnerable as the world's second-largest economy heads for its slowest growth in 25 years and the prices of their commodity exports plunge.

  • *Malaysia and Indonesia look particularly vulnerable. *Indonesia' worried' about contagion effect- finmin. Malaysia and Indonesia, heavily reliant on commodity exports to China, are looking particularly vulnerable as the world's second-largest economy heads for its slowest growth in 25 years.

  • PARIS/ SINGAPORE, Oct. 5- Uber Inc's aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets. Just last week, the company faced a police raid on its European headquarters in the Netherlands, a criminal trial of two top executives in France, a ban on its services in Rio...

  • Asian stock markets rise after weak US jobs numbers Sunday, 4 Oct 2015 | 11:47 PM ET

    KEEPING SCORE: Hong Kong's Hang Seng rose 2 percent to 21,901.58 and Tokyo's Nikkei 225 gained 1.2 percent to 17,941.62. Taiwan, Singapore, Manila and Jakarta also advanced. US JOBS: The Labor Department reported employers added 142,000 workers last month, much lower than the 200,000 anticipated on Wall Street, and hired fewer people in July and August than...

  • China in line to build Indonesia high speed rail Wednesday, 30 Sep 2015 | 5:49 AM ET

    JAKARTA, Indonesia— China has emerged as the likely builder of Indonesia's first high-speed rail line after Indonesian officials rejected Japan's requirement for a government guarantee of loans, officials said Wednesday. Regional rivals China and Japan were competing to construct the high-speed rail system, each offering low-interest loans and other...

  • JAKARTA, Sept 30- Indonesia is set to cull millions of chickens to ease supply swings in the local meat market caused by a drive for self-sufficiency, the latest in a string of food policies that have backfired for the government of President Joko Widodo. The troubles in the meat market began when Indonesia cut live cattle imports for the third quarter, forcing...

  • JAKARTA, Sept 29- Indonesia has sent senior officials to China and Japan to court Asia's two biggest economies as Jakarta renews its efforts to build a multi-billion dollar railway linking two major cities, a government official said on Tuesday. Tuesday's announcement that representatives had been sent to Japan and China suggested the project had gained...

  • People here want a higher retirement age Monday, 28 Sep 2015 | 11:06 PM ET
    Elderly people work out with wooden dumb-bells in the grounds of a temple in Tokyo on September 21, 2015, to celebrate Japan's Respect for the Aged Day.

    Governments in much of the world face the daunting prospect of fierce opposition to raising retirement ages, but in Asia, many want to see increases.

  • *Indonesia wants to deal more directly with top oil suppliers. *Minister says some took advantage of Indonesia leaving OPEC. JAKARTA, Sept 28- Indonesia hopes its return to OPEC in December will bring Asia's top gasoline importer closer to the world's main oil producers and ease its reliance on a small group of traders for supplies, the country's energy minister...

  • PERTH, Australia— A Cathay Pacific flight from Australia to Hong Kong was diverted to Indonesia due to an engine fault that a passenger said on Friday sent flame streaming from a wing and caused panic on board. The twin-engine Airbus A330 departed the west coast city of Perth on Thursday shortly before midnight carrying 254 passengers and was diverted to...

  • #sghaze goes viral in smog-cloaked Singapore Thursday, 24 Sep 2015 | 9:51 PM ET
    #sghaze goes viral in smog-cloaked Singapore

    Singaporeans react on social media as the Southeast Asian city-state sees a recurrence of severe air pollution.

  • ADB slices Asia growth forecasts Monday, 21 Sep 2015 | 9:31 PM ET
    A farmer harvests rice on a field next to residential buildings on the outskirts of Hanoi.

    Asia's growth outlook has taken a haircut from slowdowns in China and India as well as developed markets' soft recovery, the Asian Development Bank said.

  • Where UPS sees opportunities in China Monday, 21 Sep 2015 | 6:13 PM ET
    Where UPS sees opportunities in China

    David Abney, CEO of UPS, outlines the opportunities that come with China's economic growth and fast-expanding e-commerce sector.

  • *Uber's highest average trips per user is in Vietnam. HO CHI MINH CITY, Sept 22- A young, tech-savvy population short on cars but big on smartphones is driving double-digit growth for ride-hailing apps Uber and GrabTaxi in Vietnam, and inspiring some executives to dream of replacing private car ownership altogether. Uber launched its service in Vietnam three...

  • S&P expects Fed to raise rates in December Thursday, 17 Sep 2015 | 12:35 AM ET
    S&P expects Fed to raise rates in December

    Elena Okorochenko, general manager, financial services and sovereign ratings at S&P Ratings Services Asia Pacific, expects the Fed to raise rates in December and explains why the ratings agency downgraded its sovereign credit rating on Japan.

  • JAKARTA/ HONG KONG, Sept 16- Business is booming for corporate investigators in Indonesia, where the sharp decline in global commodity prices has triggered a spate of defaults and distressed asset sales that has attracted foreign investors to Southeast Asia's biggest economy. Specialist corporate intelligence firms that cut their teeth in China like...

  • *Firms, households loaded up on cheap debt since 2008. *Fed about to end almost seven years of ultra-low rates. LONDON, Sept 15- Sometime this year, possibly even this week, the U.S.

  • Cramer Remix: Detecting a best-of-breed company Monday, 14 Sep 2015 | 7:01 PM ET
    Jim Cramer on Mad Money.

    “Mad Money” host Jim Cramer shares how to spot a top company and when to buy!