Indonesia Stocks Drop Midday Wednesday Jakarta Globe Indonesian stocks fell for a second time in three days on Wednesday, heading toward a one-week low. The benchmark Jakarta Composite Index dropped 25.08, or 0.6 percent, to 3,969.50 at the midday break. | Unilever Indonesia, Bank Rakyat Indonesia and Astra International led declines. About three shar...
Indonesia sees flat exports in 2012, hit by Europe The Guardian * Indonesia 2011 exports at $205-$210 billion - trade min. * GDP likely to remain up due to domestic spending * Previous export outlook was for single digit growth * Exports account for about 26pct of Indonesia's GDP By Tomasz Janowski and Kelvin Soh...
In Indonesia Chinese Wary of Standing Out Too Much Jakarta Globe Glodok was once the vibrant heart of this capital city’s Chinese community. Yet, a full decade since Chinese New Year became a public holiday in Indonesia, Jakarta’s historic Chinatown is a faint shadow of its once-bustling self. | To be sure, th...
Indonesia's burgeoning economy held back by entrenched corruption Sydney Morning Herald | It's a rare economic story that involves Facebook, God and credit ratings. | Leave it to Indonesia to serve up a saga that speaks volumes about the obstacles facing south-east Asia's biggest economy. Although Indonesia doesn't often make global hea...
Indonesia's Anti-Corruption Agency Promises More Suspects in Nazaruddin Case Jakarta Globe The Corruption Eradication Commission said on Thursday that it would use new information gathered from the trial of graft suspect Muhammad Nazaruddin to go after other possible suspects in the case. | “The information gathered from the court has be...
Tropical Cyclone Iggy Wreaks More Havoc in Indonesia Jakarta Globe Rain and wind continued to pound coastal areas of Java, Bali and Lombok on Thursday as officials updated the death toll from the previous day to seven, with dozens more injured and about a thousand homes damaged. | Meteorologists on Thursday upgraded...
Miranda Finally Named a Suspect in Bank Indonesia, DPR Corruption Scandal Jakarta Globe After a four-year investigation, 28 convictions and a long hunt for a key suspect, the woman whose 2004 appointment to Bank Indonesia was allegedly influenced by Rp 24 billion ($2.7 million) in traveler’s checks has finally been named a suspect. | ...
World stocks hit by Greece debt deal uncertainty my SA | BANGKOK (AP) — Europe's stock markets sank and Wall Street was poised to fall Tuesday as Greek bond holders remained at odds with finance officials over the interest rate they'll receive from new bonds that aim to cut Greece's debt mountain. | In Asia, stock markets mostly rose though trading was subdued because of Chinese New Year holidays. Ma...
Indonesia Stocks Drop Midday Wednesday Jakarta Globe Indonesian stocks fell for a second time in three days on Wednesday, heading toward a one-week low. The benchmark Jakarta Composite Index dropped 25.08, or 0.6 percent, to 3,969.50 at the midday break. | Unilever Indonesia, Bank Rakyat Indonesia and Astra International led declines. About three shares fell for every two that rose on the Indonesia S...