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Indonesia: A 6.1-magnitude earthquake struck off Sumatra

A magnitude 6.1 earthquake struck off Sumatra in Indonesia and was the third in the region since early this morning, according to the country's geophysical agency. Indonesia's Meteorology and Geophysics Agency (BMKG) recorded the earthquake off the...

Indonesia’s central bank raises interest rates by 25 basis points to 3.75%

Indonesia's central bank raised its seven-day reverse repo rate in a precautionary move to combat inflation, which is expected to continue rising. Bank Indonesia raised interest rates by 25 basis points to 3.75%, against estimates that expected...

Indonesia: Trade surplus widened further in June – UOB

The UOB Group economist Enrico Tanuwidjaja evaluates the...

Indonesia scraps palm oil export tax to reduce bulging stocks

Indonesia will waive its palm oil export levy by the end of August in a new bid to boost shipments and reduce its glut of stocks, Bloomberg reports. The export levy is being reduced to zero...

Indonesia: G20 agreed on most issues despite no announcement

Economic leaders of the Group of 20 largest economies have agreed on most issues, including efforts to tackle food insecurity, despite failing to reconcile differences over members' views on the war in Ukraine, Indonesia said today,...

Zelenski’s message to Putin was conveyed by the President of Indonesia

Indonesia will continue cooperation with Russia, Indonesian President Joko Widodo told reporters today after his meeting in Moscow with Russian President Vladimir Putin, while announcing that he had given his Russian counterpart a message from Ukrainian...