The FINANCIAL — The World Bank’s Board of Executive Directors has approved $450 million in financing to support the Government of Indonesia’s efforts to expand access to affordable housing for low-income families. Read More
Finance minister Indrawati laments global failure to address protectionism. Indonesia’s finance minister criticised the US on Monday for creating uncertainty over trade that was “defeating the last hope of a strong recovery” from the global financial crisis. Read More
KUALA LUMPUR: Malaysian buyers are ramping up imports of Indonesian palm oil as local supply battles to recover from the lingering impact of last year’s crop-damaging El Nino weather pattern. Traders said world No 2 producer Malaysia was set to boost imports of palm oil and related products from top grower Indonesia by about 20,000 […]
Ant Financial, the fintech company affiliated with Chinese e-commerce giant Alibaba, is continuing its global expansion. The firm has taken its first official step into Indonesia today after it announced a joint venture to develop local financial services. Read More
Despite Indonesia’s status as a mobile-first market, most digital shoppers appear to be starting their path to purchase on desktops. According to an analysis by Criteo derived from Q4 2016 data, two-thirds of shoppers browsing online were more likely to use a desktop before any other device, whereas close to one-third turned to smartphones for […]
Indonesia and Angola officials have met to discuss ways to boost their economies through trade and investment, especially in the industrial sector. Industry Minister Airlangga Hartarto urged local businesses to expand trade to Angola, especially for transportation, defense and electronics equipment, expecting to see more gainful trade between the two countries that was worth about […]
SINGAPORE (April 17): Indonesia’s Agriculture Minister is planning to “evaluate” palm oil exports to Europe, reported Antara news agency. The move follows the recent release of a report on palm oil and the deforestation of rainforests at the European Parliament. Read More
U.S. Vice President Mike Pence (L) chats with Indonesia President Joko Widodo at the presidential palace in Jakarta, Indonesia April 20, 2017. http://www.reuters.com/article/us-pence-asia-indonesia-idUSKBN17M0D1?il=0
JAKARTA, Indonesia — The Latest on U.S. Vice President Mike Pence’s trip to Asia (all times local) Source: https://www.washingtonpost.com/world/asia_pacific/the-latest-us-indonesia-companies-sign-investment-deals/2017/04/21/afd0bd90-264a-11e7-928e-3624539060e8_story.html?utm_term=.de6169ba0baf
The US is obviously important to Indonesia because it is still a major power and the largest destination for its exports, as well as an important source of investment and technology. Source: edition.cnn.com/2017/04/22/opinions/us-indonesia-pence-ties/
