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"New Zealand will not be joining the Board in its current form but will continue to monitor developments," Foreign Minister Winston Peters said in a statement.
2 months agoMore details have been announced on the plan to use the Meikarta project for the public housing program, with the government looking to build 141,000 subsidized homes on three plots of land totaling 30 hectares. ...
2 months agoThe need for sustainable infrastructure has gained increasing prominence amid Indonesia’s efforts to accelerate national development in line with the government’s Asta Cita agenda. The challenges of climate change, development disparities and growing demand for a green economy have driven the adoption of new approaches that go beyond physical outputs, ensuring that social and environme...
2 months agoThe prospects for the people of Myanmar look grim after the multistage elections ended on Sunday, as their country is dominated by the military junta and hemmed in by competing great power interests and a softening stance among some ASEAN members.
2 months agoIndonesia Stock Exchange (IDX) president director Iman Rachman has announced his resignation following Morgan Stanley Capital International’s (MSCI) transparency warning that triggered a massive sell-off in Indonesian stocks and temporary trading halts earlier this week.
2 months agoJakarta’s Comprehensive Strategic Partnership with Japan and its analogous agreement with Australia are important examples of the responsible exercise of middle-power status.
2 months agoAsian stocks sank Friday amid fresh worries over vast investments in artificial intelligence. Jakarta seemed to be stabilizing after a rout over the previous two days sparked by index compiler MSCI calling on regulators to look into ownership concerns.
2 months agoGoldman Sachs estimates that foreign investor outflow could reach $7.8 billion if Indonesia is downgraded to frontier market, a scenario the investment bank and some investors deem unlikely.
2 months agoIndonesia’s expensive bet may ultimately prove the more strategic choice for a nation building the infrastructure of its urban future.
2 months agoThe Board of Peace can become either a procedural pause before larger conflicts erupt or a genuine multilateral platform rooted in justice, inclusion and shared responsibility.
2 months agoShangri-La Jakarta, in collaboration with Bank Central Asia (BCA) and top-tier wedding organizers, is set to present an exclusive and comprehensive wedding showcase, “Symphony of Eternity,” from April 4 to 5.
19 hours agoIn many SOEs, leakages persist because decisions live in gray zones: exceptions become routine, documentation becomes negotiable and accountability becomes diffuse.
2 months agoOur past presidents used anti-foreigner narratives only to sustain power that enabled them to remain in office for decades.
2 months ago“Initial findings suggest the flames may have originated in a storage area containing raw materials for sandal production, including chemicals. However, we do not yet know what triggered the fire,” Tohap said on Wednesday.
2 months agoThe government has been tightening screening measures at two busy airports in the country after two cases of the deadly and transmissible Nipah virus were detected in India.
2 months agoThe police reform commission has said the majority of members favor keeping the force under the direct command of the President.
2 months agoBeyond the headlines of the IDX's sudden plunge lies a deeper story of thin tradable supply, where market mechanics and global index rules have turned low-float stocks into dangerous volatility amplifiers.
2 months agoThe government is currently revising the subsidy scheme for the sea toll program amid concerns that it has fallen short of its objectives. Introduced by the administration of President Joko “Jokowi” Widodo, the program aims to improve national logistics connectivity and narrow price disparities between Western and Eastern Indonesia, where goods have been traditionally more expensive than on Java. After nearly a decade of implementation, however, price gaps have barely shifted, raising questions about the effectiveness of the subsidy.
2 months agoAn environmental NGO has called for an overhaul of the sector after at least 15 artisanal gold miners were killed in accidents this month alone, while the national anti-money laundering has highlighted that the illegal activity led to billions of dollars in losses over the past two years.
2 months agoPhilippine Foreign Minister Theresa Lazaro said the bloc did not reach consensus on its stance against the result of Myanmar’s election, in which the military-backed party claimed victory.
2 months agoReduced water supplies from upstream areas trigger a drastic decline in groundwater level, causing residents’ shallow wells to no longer produce water.”
2 months agoBoth Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) have promised to act fast and change stock market regulations pursuant to points made by Morgan Stanley Capital International (MSCI) that prompted a massive sell-off.
2 months agoThe Martabe gold mine in North Sumatra, operated by PT Agincourt Resources, will be transferred to state control under the newly formed National Mineral Company (Perminas), ending recent speculation about one of Indonesia's major gold assets.
2 months agoThe country’s biggest private bank by assets has announced a plan to repurchase up to Rp 5 trillion (US$298.6 million) worth of its shares following a sharp decline in the Indonesian Stock Exchange (IDX) Composite index.
2 months agoFloodwaters between 25 cm and 150 cm high swept across parts of Greater Jakarta area on Thursday due to heavy rain since the previous evening, leading to clogged roads during the morning commute.
2 months agoJakarta is weighing plans to host the upcoming BTS concert at a relatively remote stadium in the northern part of the city, a move that has drawn skepticism from fans and observers over the venue’s accessibility and readiness.
2 months ago"Melania" was not listed on the websites of the Nu Metro or Ster Kinekor theatres on Thursday, the day before its international release on January 30.
2 months agoSpeaking after a meeting of ASEAN foreign ministers, she said the bloc affirmed its commitment to implementing the "five-point consensus" to address the Myanmar crisis.
2 months agoMSCI's warning is the latest setback for Southeast Asia's largest economy as foreign capital flows out due to concerns about how President Prabowo Subianto is widening the fiscal deficit and ramping up the state's involvement in financial markets.
2 months agoCAF also fined Senegal's federation $615,000 due to the team's conduct and the behaviour of their fans, while players Iliman Ndiaye and Ismaila Sarr were suspended for two CAF games for unsporting behaviour towards the referee.
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