Rupiah bank notes in Jakarta: The World Bank is urging Asian economies to stem excessive credit growth, build fiscal buffers, strengthen debt sustainability and ensure flexible exchange rates.
Economy

World Bank sees potential debt rollover risk for Thailand and Indonesia

Bank warns of financial market contagion despite region's strong fundamentals

4 October 2018
Survivors wait to board an Indonesian Air Force Hercules aircraft during an evacuation from Mutiara SIS Al-Jufri Airport in Palu, Central Sulawesi, on Sept. 30.
Economy

Indonesia fights hoaxes jeopardizing tsunami relief effort

False predictions of more earthquakes spread panic among survivors

3 October 2018
A woman walks through debris in Palu, in Indonesia's Central Sulawesi, on Oct. 1, three days after an earthquake and tsunami hit the area.
Economy

Indonesia's tsunami warning blamed as death toll reaches 1,200

A catalog of errors, largely due to limited funds, seen behind Palu devastation

2 October 2018
Indonesian President Joko Widodo, accompanied by Central Sulawesi Gov. Longki Djanggola, visits people injured by the earthquake and tsunami in Palu, Sulawesi, on Sept. 30. 
Economy

Thousands more feared dead in Indonesian villages hit by mudflows

Widodo is open to foreign aid as authorities scramble for food and equipment

1 October 2018
Search workers help rescue a person trapped in rubble following the earthquake and tsunami in Palu, Indonesia.
Economy

Indonesian death toll reaches 832 after quake and tsunami

Damaged roads and ports hinder rescue and supply efforts

1 October 2018
Bank Indonesia seeks to stem the decline of the rupiah, which has hit levels not seen since the Asian financial crisis.
Economy

Bank Indonesia raises rates again as currency pressure mounts

US Fed's third rate increase this year prompts pre-emptive move

27 September 2018
Mitsubishi Motors operates this plant in Thailand. Southeast Asia's auto production grew by a faster rate than China's in the first half of 2018. (Photo by Hiroshi Kotani)
Economy

Southeast Asia's production gains speed as China slows

Manufacturing index up 6.2% for first half as companies diversify bases

20 September 2018
SUEK, Russia’s largest coal producer, intends to boost sales to Thailand, Vietnam and other Southeast Asian countries. (Courtesy of SUEK).
Commodities

Russia to take on Australia and Indonesia in Asian coal market

Tough share battle likely as consumption declines in Europe

16 September 2018
Indonesian President Joko Widodo has plans to launch the economy into the world's top 10, but now he is turning more inward. (© Nikkei montage/Source photo by Reuters)
Asia Insight

Widodo turns inward as rupiah slides and election looms

Indonesian president does about-face from bold vision he offered in 2014

11 September 2018
South Korean President Moon Jae-in, left, and Indonesian Presiden Joko Widodo walk at the Presidential Palace in Bogor, Indonesia last year
Economy

South Korea and Indonesia seek tie-up to sidestep trade war fallout

Jokowi is in Seoul for talks with Moon as South Korea looks to ASEAN

10 September 2018
Indonesian Finance Minister Sri Mulyani Indrawati talks during the IMF conference in Jakarta on Feb. 27, 2018.
Economy

Indonesia hikes import taxes as rupiah's free fall continues

New currency defense moves also include ban on luxury car imports

5 September 2018
Senggigi Beach, a popular tourist destination, was deserted in late August. (Photo by Jun Suzuki)
Economy

Indonesia's Lombok struggles to bring tourists back to the beach

One month after the initial shock, visitors still not returning

5 September 2018
The Indonesian rupiah has fallen 9% against the dollar since the start of the year.
Economy

Asian companies and consumers weighed down by sliding currencies

From Indonesia to Turkey, people struggle with rising prices and interest rates

3 September 2018
The Indonesian rupiah fell to its lowest against the U.S. dollar in 20 years.
Markets

Indonesian rupiah hits lowest mark since Asian financial crisis

Investor worries over plunging Argentine peso trigger sell-offs

31 August 2018
Matahari management believes there is "considerable room to further grow our large format stores" as consumer spending slows and e-commerce takes off.
Business deals

Lippo Group retail arm jacks up share price with buyback plan

Matahari Department Store to rename and take up to 7% of its own stock amid e-commerce woes

29 August 2018
Emerging countries in Asia and authoritarian governments are stocking up on gold.
Economy

Emerging countries snap up gold to cut dollar dependence

Nations in conflicts with the US prepare for Trump sanctions and possible economic downturn

28 August 2018
A nickel mine in the Philippines. President Rodrigo Duterte's government is pushing for a new tax on minerals.
Commodities

Flare-up of resource nationalism burns miners across Asia

Governments risk repelling companies with new levies and other pressure

25 August 2018
Shoppers may pay more for imported goods as the country looks to tariffs to halt currency slide. 
Economy

Indonesia aims to raise import tariffs on 900 consumer items

Government seeks cutting growing trade deficit to halt slide in rupiah

24 August 2018
Indonesian President Joko Widodo must balance political and economic pressures.
Opinion

Indonesia is right to put stability before economic growth

Tight grip required as Turkey and Trump's trade war shake markets

23 August 2018
A freight train bound for Tehran is pictured in China's Inner Mongolia Autonomous Region in May.
Belt and Road

Turkey crisis rattles Asian nations with rising Belt and Road debts

Costly Chinese projects could leave emerging economies with a hangover

19 August 2018
Indonesian President Joko Widodo deliver a speech at the parliament in Jakarta on Aug. 16.
Economy

Indonesia's Widodo unveils populist 2019 budget ahead of election

Dole-out measures favored over infrastructure spendings

16 August 2018
Bank Indonesia Gov. Perry Warjiyo prepares for a news conference after the central bank's latest rate decision.
Economy

Further Indonesian rate hikes expected as Fed moves loom

Central bank calls 'economic shocks' in Turkey a new external risk

16 August 2018
The Indonesian rupiah has fallen by more than 7% this year, sinking to its lowest against the dollar since 2015 on Monday.
Economy

Turkey crisis pushes Indonesia to raise rates again

Fourth hike in five meetings prompted by carnage in emerging market assets

15 August 2018