Asia Top News and Analysis Indonesia

More

  • DBS's acquisition of Indonesia's Bank Danamon is transformational, the Chairman of the Singapore-based lender told CNBC on Monday.

  • Danamon Stake to Bring More Asia Coverage: DBS Chairman

    Peter Seah, Chairman, DBS, says the Danamon acquisition will provide DBS a greater coverage of the greater China, South Asia and Southeast Asian markets. He explains why Indonesia will not elevate risk in the bank's profile.

  • magnifying_glass_cloud_200.jpg

    Smaller G20 currencies have outperformed the big four all year, and this strategist sees the trend continuing.

  • Supporters of Presidential candidate Susilo Bambang Yudhoyono hold a poster showing their idol on June 27, 2004 during a large rally in the Indonesian capital Jakarta. Tens of thousands of Indonesian supporters came to the rally the last one in Jakarta before voters go to the polls on July 5.

    Indonesia's recent policy measures, like capping foreign ownership in mines, has not gone down well with investors and the policy uncertainty is going to continue, says one expert as Southeast Asia's largest economy prepares for elections in 2014.

  • A money changer counts Rupiah banknotes October 17, 2002 in Jakarta, Indonesia. The rupiah is at a six month low, 9,200 against the U.S. dollar, following concerns over the bomb blast on the tourist island of Bali.

    Indonesia's economy expanded 6.5 percent in the fourth quarter from a year earlier, as surging domestic consumption and investment offset weakening exports growth, giving the central bank room to hold rates steady this week.

  • A man walks past PT Bank Central Asia automatic teller machines (ATM), photographed with a tilt-shift lens, at the company's headquarters in Jakarta, Indonesia on Wednesday, July 27, 2011. Indonesia's loan growth will probably surpass the central bank's estimate this year as low interest rates help drive demand in Southeast Asia's biggest economy, the nation's largest lender said.

    The CEO of Bank Negara Indonesia, Indonesia’s fourth-largest lender, says it’s searching for suitable buyers for a 25 percent stake in its life insurance business. He was responding to recent reports the bank is in talks with Japanese investors.

  • China_construction site_200.jpg

    The Indonesian government's approval of a long-awaited land acquisition bill in December will speed up land purchases for public infrastructure projects in Southeast Asia's largest economy and boost the country's cement space, according to one analyst. 

  • No Title_42637917

    Business is booming for Indonesia’s luxury jet charter firm Enggang Air Services and the company’s CEO Donnie Armand tells CNBC he is planning to expand his fleet size by 50 percent this year — a reflection of the country’s surging demand for private jet travel.

  • Asian man kissing girlfriend goodbye

    Nearly two-thirds of married couples and people with a significant other say their partner is the most important source of happiness in their lives, according to a new global poll released on Valentine's Day.

  • airplane_cockpit_200.jpg

    The Indonesian airline industry has made progress toward mending its reputation — amid soaring demand — after a series of spectacular crashes in recent years drew international attention to the country’s poor safety record. Now it has a new problem to deal with: drug abuse among its pilots. The NYT reports.

  • fx_fix_1_200.jpg

    Greek talks go down to the wire, and central banks hold steady - it's time for your FX Fix.

  • Tiger

    Rising wealth lifts demand for exotic pets and delicacies in Asia. Meanwhile, enforcers are stretched thin.

  • fx_fix_1_200.jpg

    The Greeks talk to creditors, the British have a jobs problem, and Indonesia gets a lift - it's time for your FX Fix.

  • Indonesia's newly appointed Minster for Creative Economy tells CNBC she hopes the sector will contribute 11% to Indonesia’s GDP in 10 years time.

  • COVER1.jpg

    Multi-billion dollar corruption in India and a whopping 36 percent cut in the salary for Singapore's prime minister have once again raised the question: How much should politicians be paid?

  • fx_fix_1_200.jpg

    Euro shorts take cover and Indonesia gets a ratings boost - it's time for your FX Fix.

  • fx_fix_1_200.jpg

    Short euro positions hit a high and the Australian dollar gets a lift - it's time for your FX Fix.

  • Copper Tubing

    The prolonged strike at Freeport-McMoran's Papua, New Guinea, mine will force the company to lower its production estimates, CEO Richard Adkerson told CNBC Wednesday.

  • chinese_factory_worker_200.jpg

    Higher labor costs in China, while necessary to boost consumption, can also create an opportunity for countries like Indonesia, which can offer cheap and efficient labor for mass manufacturing.

  • Bali, Indonesia

    Indonesia may have surprised with a big currency-denting interest rate cut, but this economist says they won't have company.