Asia Top News and Analysis Indonesia

  • *Indonesia tax office escalated case to a criminal one. JAKARTA, Sept 19- Indonesia plans to pursue Alphabet Inc's Google for five years of back taxes, and the search giant could face a bill of more than $400 million for 2015 alone if it is found to have avoided payments, a senior tax official said. Muhammad Haniv, head of the tax office's special cases branch, told...

  • TUESDAY, SEPTEMBER 20 BUENOS AIRES- Sweden's Riksbank Governor Stefan Ingves will hold a speech on cash usage in Sweden and the Riksbank's role in promoting an efficient payments system at a conference arranged by the central bank of Argentina- 1145 GMT BUDAPEST- Hungarian central bank rate-setting meeting- 1200 GMT ABUJA- Central bank of Nigeria interest...

  • Pirates of the South China sea

    Fortunately, the number of piracy incidents has seen a steep decline in recent years and are at their lowest levels since the late 1990s.

  • JAKARTA, Sept 19- Indonesia's PT Medco Energi Tbk said on Monday it had agreed to acquire ConocoPhillips' entire 40 percent interest in an oil and gas production sharing block that the U.S. firm operates in the Natuna Sea. Medco's announcement, which confirmed a Reuters report on Friday, did not disclose the value of the purchase. Medco's acquisition of...

  • Indonesian police and military personnel extinguish fire in Kampar, Riau province on August 29, 2016.

    Toxic haze from Indonesian forest fires last year caused the deaths of about 100,000 people across the region, the FT reports.

  • JAKARTA, Indonesia— Indonesian forest fires that choked a swath of Southeast Asia with a smoky haze for weeks last year may have caused more than 100,000 deaths, according to new research that will add to pressure on Indonesia's government to tackle the annual crisis. The study by scientists from Harvard University and Columbia University to be published in...

  • JAKARTA, Indonesia— The European Union has admitted Indonesia to a special licensing system it hopes will prevent the illegally felled tropical timber that makes up a substantial part of the country's wood production from being shipped to the 28- nation bloc. The EU said Thursday that Indonesia is the first country to qualify for the licenses.

  • SINGAPORE, Sept 15- Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, three banking sources told Reuters, a move that could undermine the amnesty and damage the banks' business with their biggest client pool. After initial resistance from the banks, worried they might lose clients, that message was...

  • SINGAPORE, Sept 15- Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, people aware of the matter said, a move that could undermine the amnesty and damage the banks' business with their biggest client pool. After initial resistance from the banks, worried they might lose clients, that message was...

  • THURSDAY, SEPTEMBER 15 LONDON- Kenya-UK Trade and Investment Forum featuring Kenya central bank Governor Patrick Njoroge, Kenya Finance Minister Henry Rotich and Foreign Minister Amina Mohamed. Speakers: Hungarian central bank Governor Gyorgy Matolcsy, Deputy Governor Marton Nagy, Hungarian Banking Association Chairman Mihaly Patai and Hungarian...

  • Workers constructing Jakarta's new giant sea wall.

    Greater Jakarta sits on a swampy plain and is sinking at a faster rate than any other city in the world.

  • A worker in a textile factory in Dongguan, Guangdong province, China.

    Beijing faces serious economic and social challenges in creating jobs for its 270 million migrant workers, the SCMP reports.

  • BANGKOK- Bank of Thailand monetary policy committee meeting- 0730 GMT. ZAGREB- Croatia National Bank monetary policy meeting. THURSDAY, SEPTEMBER 15 LONDON- Kenya-UK Trade and Investment Forum featuring Kenya central bank Governor Patrick Njoroge, Kenya Finance Minister Henry Rotich and Foreign Minister Amina Mohamed.

  • TUESDAY, SEPTEMBER 13 OSTRAVA, Czech Republic- Czech National Bank Governor Jiri Rusnok to give a lecture on "Monetary policy in the years 2017-2018: exit and developments beyond"- 0800 GMT. ECB governing council member Ewald Nowotny, Sveriges Riksbank Deputy Governor Cecilia Skingsley, Argentina central bank Governor Federico Sturzenegger, People's Bank of...

  • JAKARTA, Sept 13- Multinational chocolatiers have spent almost 20 years trying to crack Indonesia's booming confectionary market, only to build a share that pales in comparison with other emerging economies as long-established local producers fend off foreign incursions. Nestle SA, Cadbury's owner Mondelez International Inc, Mars Inc and Ferrero SpA...

  • Participant leaders pose for a photograph during the closing ceremony at the 28th and 29th ASEAN Summits and Related Summits at the National Congress Center in Vientiane, Laos on September 8, 2016.

    It's hoped that the 10-member bloc will form a coordinated response to the increased number of violent attacks hitting the region.

  • MONDAY, SEPTEMBER 12 TORONTO- Toronto Global Forum- An international conference which fosters dialog on national and global issues, held under the auspices of the International Economic Forum of the Americas. Speakers: Panama Finance Minister Dulcidio de la Guardia, International Monetary Fund Managing Director Christine Lagarde and World Bank Managing...

  • JAKARTA, Sept 8- Indonesia's mining ministry is scrambling to find a way around a deadline on mineral processing that could prevent some miners, including U.S. copper mining giant Freeport-McMoRan Inc, from exporting minerals from the country from 2017.. Uncertainty over Indonesia's mining rules have been a flashpoint between miners and the government for...

  • Indonesian consumers are coming into their own

    Shafie Shamsuddin, president & CEO at Trans Retail, talks about the integration of big box stores with e-commerce.

  • Chinese President Xi Jinping (C) shakes hands with US President Barack Obama and UN Secretary General Ban Ki-moon during a joint ratification of the Paris climate change agreement at the West lake State Guest House in Hangzhou on September 3, 2016. The United States and China on September 3 formally joined the Paris climate deal, with US President Barack Obama hailing the accord as the 'moment we finally decided to save our planet'.

    Trade in thermal coal is likely to fall 40 percent in the next two decades after the U.S. and China signed a climate deal, Wood Mackenzie said.