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Goldman Sachs Group Inc. is downgrading Indonesian assets, citing rising fiscal risks from a series of initiatives by President Prabowo Subianto. The Wall Street bank cut the country’s stocks to ...
An Indonesian TikToker has been sentenced to almost three years in prison after reportedly 'talking' to a picture of Jesus on her phone and telling him to get a haircut. Ratu Thalisa, a Muslim ...
Indonesia has officially launched its new sovereign wealth fund, the Daya Anagata Nusantara Investment Management Board (“Danantara”), an investment vehicle designed to accelerate economic ...
The fall of Suharto in 1998 and the subsequent reform era promised a new chapter for Indonesia’s energy sector. Yet, more than two decades later, Pertamina remains mired in the same old problems.
SINGAPORE/JAKARTA, March 7 (Reuters) - After a decade of false starts, Indonesia is rolling out a $1.5 billion project to distribute liquefied natural gas (LNG) on a small scale to feed dozens of ...
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More than 10,000 factory workers have lost their jobs in Indonesia after Southeast Asia’s largest textile manufacturer closed its doors. Sri Rejeki Isman, or Sritex, stopped operations on ...
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