Indonesia

World Bank lowers outlook for Indonesia economy this year

Photo

JAKARTA - The World Bank on Tuesday lowered its forecast for economic growth in Indonesia this year due to a slower-than-expected recovery in exports, a weaker outlook for foreign investment and softer commodity prices.

Bumi considers selling Bakries' stake in market for cash: report

LONDON - Indonesia-focused coal miner Bumi Plc is considering selling the 23.8 percent stake held by Indonesia's Bakrie family in the market for cash, instead of a previous plan to cancel the shares, a report on Sunday said.

30 Jun 2013

Asia Grains-Indonesia buys Russian wheat, Thailand takes US shipment

SINGAPORE, June 28 - Indonesian flour millers bought about 200,000 tonnes of Russian food wheat in recent deals, driven by competitive prices and tightening supplies in traditional exporter Australia.

Special Report: GM takes on the Toyota Republic

JAKARTA - Indonesia is Toyota country. After more than 40 years here, Toyota Motor Corp and affiliates including Daihatsu have 450 dealerships and a 54 percent share of the market.

Japan, Special Reports 27 Jun 2013

RPT-Indonesia says building criminal cases against 8 firms over fires

JAKARTA, June 27 - Indonesian investigators are building criminal cases against eight Southeast Asian companies they suspect of being responsible for raging fires that have blanketed neighbouring Singapore and Malaysia with hazardous smog.

Indonesia says building criminal cases against 8 firms over fires

JAKARTA - Indonesian investigators are building criminal cases against eight Southeast Asian companies they suspect of being responsible for raging fires that have blanketed neighboring Singapore and Malaysia with hazardous smog.

World, 27 Jun 2013

Indonesia says building criminal cases against 8 firms over fires

JAKARTA, June 27 - Indonesian investigators are building criminal cases against eight Southeast Asian companies they suspect of being responsible for raging fires that have blanketed neighbouring Singapore and Malaysia with hazardous smog.

Indonesia's Bulog set to restart soybean imports after 15 years

* Bulog due to import initial 21,900 T of soybeans, more to follow

Stocks, Markets, 27 Jun 2013
Photo

Egypt on the edge after Mursi rebuffs army ultimatum

CAIRO - President Mohamed Mursi rebuffed an army ultimatum to force a resolution to Egypt's political crisis, saying on Tuesday that he had not been consulted and would pursue his own plans for national reconciliation. | Video

Ethiopia and Eritrea: An elusive peace on the cards?

Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.