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Tabita Diela

Jakarta's plan to up stakes may need $30 billion in investment: minister

Apr 30 2019

JAKARTA Indonesia's plan to move its capital off the main island of Java will require investment of about $20 billion to $30 billion, a minister said on Tuesday, even though the government has yet to decide on a new location.

Indonesia central bank holds rates; seeks to lift liquidity, domestic NDF market

Apr 25 2019

JAKARTA Indonesia's central bank on Thursday kept its benchmark interest rate unchanged for a fifth month to contain external pressures, though it is aiming for looser market liquidity and relaxed rules on trading in domestic non-deliverable forwards.

Fast track: Indonesia, Malaysia rail projects may give China more deals

Apr 22 2019

WALLINI, Indonesia In a rural part of Indonesia's Java island, two orange-clad workers confer in Mandarin over plans to lay tracks on a stretch of a $6 billion high-speed rail project between the capital Jakarta and the textile hub of Bandung.

Factbox: After Indonesia election, new crop of leaders in focus for 2024 vote

Apr 21 2019

JAKARTA Even with Indonesia's current presidential election result still to be officially confirmed, attention is turning to the next race for the top job in 2024 with some rising political stars and well-connected figures in the frame.

Indonesians choose president, parliament in world's biggest one-day vote

Apr 16 2019

JAKARTA Indonesians vote in the world's biggest single-day election on Wednesday, with polling stations opening first in the east of the sprawling equatorial archipelago after a six-month campaign to choose a new president and parliament.

Scorecard on Indonesian president's first term

Apr 09 2019

JAKARTA Indonesia's President Joko Widodo faces former military general Prabowo Subianto in a general election on April 17, with most polls giving the incumbent a double-digit lead over his rival.

Job skills for young Indonesians a key concern ahead of election

Mar 19 2019

JAKARTA Rival campaigners in Indonesia's elections next month are sparring over ways to fix the education system in Southeast Asia's biggest economy, which is widely blamed for failing to equip students with the skills to find jobs.

Handout plans for Indonesia's unemployed could spark backlash for president

Mar 06 2019

JAKARTA Indonesian economists and opposition officials have questioned the feasibility of President Joko Widodo's plan for cash handouts to the unemployed, citing an already strained national budget and ballooning debt at state enterprises.

Cryptocurrency traders protest Indonesia's new futures rules

Feb 14 2019

JAKARTA Indonesian cryptocurrency traders are complaining that the government's new rules on futures trading, which require high minimum capital for traders, will hinder development of the young but growing market.

From Jakarta to Buenos Aires, the world feels Fed's sting

Dec 18 2018

JAKARTA/BUENOS AIRES/WASHINGTON When the U.S. Federal Reserve kept lifting interest rates this year, a world away in Jakarta profits dropped to next to nothing at Andy Kurniawan's shop selling collectible action figures. | Video

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