Browsing: Indonesia
Indonesia’s Danantara bets a new $6B SOE can save a textiles from tariffs and competition
Indonesia plans to establish a new state-owned enterprise (SOE) to rejuvenate its struggling textile and garment industry and shield it…
GoTo Group appointed a new chief executive officer to replace Patrick Walujo, a move that’s expected to speed the takeover…
Indonesian President Prabowo Subianto abruptly replaced Sri Mulyani Indrawati as finance minister, risking renewed financial turmoil for Southeast Asia’s biggest…
Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s…
From coffee to orange juice, here are the products that will be hit hardest by Trump’s tariffs
By the time you read this article, there’s a chance that President Donald Trump will have changed his policy on…
Indonesian President Prabowo Subianto came to power last year off the back of a campaign with several grand promises. Chief…
Trump’s law of the jungle means U.S. trade deals aren’t worth the paper they’re printed on, trade expert warns
When President Trump threatened Brazil with punishing tariffs on Wednesday, there was no fancy mathematical equation trotted out this time…
Asia shrugs off Trump’s new tariff threat, as governments hope they can get a deal before Aug. 1
Asian markets largely shrugged off the Trump administration’s latest announcement of tariff rates on some of its trading partners, as…
Billionaire Chairul Tanjung-Backed Garuda Indonesia Gets $408 Million Loan From Danantara
Garuda Indonesia received a 6.65 trillion rupiah ($408 million) loan from the country’s sovereign wealth fund, Danantara Indonesia, to help…
Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case
Wilmar International, the Singapore-based agrifood giant, has handed over 11.9 trillion Indonesian rupiah ($729 million) to Indonesia as a “security…












