Indonesia’s $28bn bet on Jakarta and Bali International Financial Centers
A development plan of Kura Kura SEZ off Bali (left) and a central business district in Jakarta. President…
Indonesia’s central bank hikes rates again, totaling 1% in span of a month
Markets Bank Indonesia sees 5.75% interest rate as stabilizing the rupiah and preventing capital outflows Bank Indonesia raised its…
Indonesia’s move to change banking rules unsettles private lenders
Finance Financial authority wants more banks to support Prabowo’s flagship programs Bank Central Asia, Indonesia’s largest private lender…
Indonesia’s Ramadan holiday bookings slump, highlighting fragile economy
Economy Consumer uncertainty prompts many to scrap their annual hometown trip Passengers at Bogor Station in West Java,…