Business News Jakarta

  • BUCHAREST- European Central Bank Vice-President Luis de Guindos participates in Informal ECOFIN meeting in Bucharest, Romania. PRAGUE- Czech National Bank will release the minutes of its March 2019 monetary policy meeting. CHIANG RAI, THAILAND- The 23rd ASEAN finance ministers' meeting, and the 5th ASEAN finance ministers and central bank governors' meeting...

  • WARSAW- National Bank of Poland holds monetary policy council meeting. MOSCOW- Russian Central Bank Governor Elvira Nabiullina, Economy Minister Maxim Oreshkin and Finance Minister Anton Siluanov are among the Russian officials taking part in a forum organized by the Moscow Exchange. BUCHAREST- European Central Bank Vice-President Luis de Guindos...

  • WASHINGTON, March 28- U.S. safety investigators have reviewed data from the flight recorders or black boxes that were aboard crashed Ethiopian Airlines Flight 302, four people briefed on the investigation told Reuters. It followed an October crash of a 737 MAX operated by Indonesia's Lion Air, which plunged into the Java Sea after takeoff from Jakarta, killing...

  • PRETORIA- South Africa Reserve Bank starts its three-day monetary policy committee meeting. MEXICO CITY- Central Bank of Mexico to publish Monetary policy statement. PRAGUE- Czech National Bank holds monetary policy meeting.

  • PRETORIA- South Africa Reserve Bank starts its three-day monetary policy committee meeting. BEIJING- Governor of the People's Bank of China Yi Gang and Finance Minister Liu Kun speak at the annual Boao Forum. MEXICO CITY- Central Bank of Mexico to publish Monetary policy statement.

  • *Indonesia slaps up to 20 pct duty on China flat-rolled products. *China to impose duties on stainless steel from Indonesia, EU. JAKARTA, March 22- Indonesia and China on Friday slapped anti-dumping import duties on each other's steel products in an escalation of a global tariff row involving one of the world's most widely used metals.

  • Russia@ JAKARTA, March 22- Indonesia on Friday made public a set of anti-dumping import duties of up to 20 percent for a number of flat-rolled iron and steel products from seven countries, including China and Russia. Indonesia also imposed the tax on imports from India, Taiwan, Thailand, Kazakhstan and Belarus. Also on Friday, China's commerce ministry said it will...

  • *Boeing to retrofit older planes, install safety alert- sources. WASHINGTON/ JAKARTA, March 21- Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, two officials briefed on the matter said on Thursday.

  • *Ralph Nader joins campaign for answers. WASHINGTON/ JAKARTA, March 21- Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the doomed Ethiopian and Indonesian plane crashes that killed almost 350 people, two officials briefed on the matter said Thursday. The March 10 Ethiopian Airlines...

  • *Lion Air crash investigator describes panic in final seconds. JAKARTA/ WASHINGTON, March 21- Indonesian investigators described the panic of pilots grappling with airspeed and altitude problems in the last moments of their doomed Lion Air flight, as comparisons mounted to a disaster in Ethiopia and authorities queued up to question Boeing.

  • ADDIS ABABA/ JAKARTA/ WASHINGTON, March 20- Boeing Co faced growing pressure in Washington on Wednesday with U.S. lawmakers calling for executives to testify about two crashed 737 MAX jets even as the world's biggest planemaker works to overcome obstacles to returning the grounded fleet to the skies. The Senate hearing, at an unspecified date, would be the first...

  • *Europe, Canada seek own certification for 737 MAX jets. ADDIS ABABA/ JAKARTA/ WASHINGTON, March 20- The world's biggest planemaker Boeing faced growing obstacles on Wednesday to returning its grounded 737 MAX fleet to the skies, while details emerged of an Indonesian crash with potential similarities to the Ethiopian disaster. The March 10 Ethiopian Airlines...

  • *Europe, Canada seek own certification for 737 MAX jets. The March 10 Ethiopian Airlines crash has shaken the global aviation industry and cast a shadow over the flagship Boeing model intended to be a standard for decades to come, given parallels with the Lion Air calamity off Jakarta in October. Chicago- headquartered Boeing has promised a swift update of...

  • *Ethiopia and France see similarities with Indonesia crash. Analysis of the cockpit recorder showed its "angle of attack" data was "very, very similar" to that of the Lion Air jet that went down off Jakarta in October, killing 189 people, a person familiar with the investigation said. "If that's the case, that does raise the possibility that there is a similar occurrence...

  • *Ethiopia and France see similarities with Indonesia crash. Analysis of the cockpit recorder showed its "angle of attack" data was "very, very similar" to that of the Lion Air jet that went down off Jakarta in October, killing 189 people, a person familiar with the investigation said. "If that's the case, that does raise the possibility that there is a similar occurrence...

  • *Ethiopia and France see similarities with Indonesia crash. Analysis of the cockpit recorder showed its "angle of attack" data was "very, very similar" to that of the Lion Air jet that went down off Jakarta in October, killing 189 people, a person familiar with the investigation said. "If that's the case, that does raise the possibility that there is a similar occurrence...

  • *Ethiopia and France see similarities with Indonesia crash. ADDIS ABABA/ PARIS, March 18- Investigators into the Boeing 737 MAX crash in Ethiopia have found striking similarities in a vital flight angle with an airplane that came down off Indonesia, a source said, piling pressure on the world's biggest planemaker. Analysis of the cockpit recorder showed its...

  • WHAT WE KNOW- Boeing has stopped delivery of all new MAX jets to its customers after the crash in Ethiopia on March 10 that killed 157 people.- Satellite data gathered from the Ethiopian Airlines flight and evidence from the crash site showed similarities with a Lion Air accident in Indonesia, prompting the U.S. Federal Aviation Administration to ground all MAX...

  • *Ethiopia and France see similarities with Indonesia crash. ADDIS ABABA/ PARIS, March 18- Investigators probing the Boeing 737 MAX crash in Ethiopia have found similarities in direction data with an aeroplane that came down off Indonesia, a source said, heightening pressure on the world's biggest planemaker. Analysis of the doomed aircraft's cockpit recorder...

  • *Ethiopia says data shows similarities with Indonesia disaster. ADDIS ABABA/ PARIS, March 18- The world's biggest planemaker faced escalating pressure on Monday after Ethiopia pointed to parallels between its crash and one in Indonesia, sharping the focus on the safety of software installed in Boeing 737 MAX planes. Ethiopian Airlines, whose reputation also...