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The Latest Breaking News from Indonesia

FCX Stock Forecast: Is Freeport-McMoRan a Good Cyclical Buy for 2024?

Despite the recent bounce back, Freeport-McMoRan stock is underperforming the markets in 2023. The cyclical stock does not look like a great buy for 2024, either - at least, not at these prices.

Barchart

Bank of Indonesia Maintains Interest Rates, Meeting Expectations

Indonesia's central bank maintains interest rates unchanged as expected, signalling stability in the country's economy amidst global uncertainties.

Top News

5 more boats packed with refugees approach Indonesia's shores, air force says

Indonesian authorities have detected at least five boats packed tight with Rohingya refugees approaching the shores of Aceh province

The Independent UK

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Thailand sends 3 orangutans rescued from illicit wildlife trade back to Indonesia

Three trafficked Sumatran orangutans have been sent back from Thailand to Indonesia as part of a joint effort between the countries to tackle the illegal wildlife trade

The Independent UK

Is Joko Widodo paving the way for a political dynasty in Indonesia?

The Conversation

Bank Indonesia Predicts First Cut in Q3 2024: Poll

Indonesia's central bank, set to wave farewell to rate rises, may usher in their first cut in Q3 2024, promises a colorful dance of digits as forecasted by...

Top News

Hundreds of residents on Indonesian island protest the growing arrival of Rohingya refugees by sea

More than 200 people have protested against the continued arrival of Rohingya refugees by boat on an island in Indonesia

The Independent UK

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The Yamaha YZF-R3 And MT-03 Are Finally In India

Yamaha has finally released the MT-03 and YZF-R3 in the Indian market, albeit at a premium price as they’re imported CBU from Indonesia.

RideApart

Japan & Indonesia Spark Joy, Dissolve Trade Barriers!

Japan & Indonesia join forces in a harmonious symphony of trade, striking a chord by eliminating more commercial obstacles in their path to progress.

Top News

‘Really, really weak’: experts attack claim that Indonesia site is ‘world’s oldest building’

Sensational report that Indonesia’s Gunung Padang site is 25,000 years old is dismissed by archaeologists around the world

The Guardian - UK

Indonesia's decision to ban nickel ore exports was a surprising success for president Jokowi. Will it work for his successors?

Indonesia wants to leverage its massive nickel reserves to encourage investment in local EV and battery manufacturing. But that may be a tough hill to climb.

Fortune

Indonesia's Trade Surplus May Shrink to B in November

Indonesia's enchanting tale of trade, set to take a dramatic twist with November's surplus expected to dance around the billion mark, says Reuters poll.

Top News

Growth of autocracies will expand Chinese global influence via Belt and Road Initiative as it enters second decade

China currently faces daunting challenges in its domestic economy. But weakness in the real estate market and consumer spending at home is unlikely to stem its rising influence abroad.

The Conversation

Indonesia’s first presidential debate: Five key takeaways

Prabowo Subianto, Ganjar Pranowo and Anies Baswedan spar over human rights and law in their first televised encounter.

Al Jazeera

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International Business Times

Indonesia Presidential Candidates Talk Corruption, Papua In First Debate

The three candidates vying to be Indonesia's next president clashed in their first debate on Tuesday over issues including corruption, human rights and separatist rebels in the world's third-largest democracy.

The Independent UK

As more Rohingya arrive by boat, Indonesia asks the international community to share its burden

Indonesia says it is appealing to the international community for help after more than 1,500 Rohingya refugees have arrived on its shores by boat since November

The Independent UK

Rohingya Muslims in Indonesia struggle to find shelter. President says government will help for now

Rohingya Muslim refugees who fled Myanmar to escape a brutal counterinsurgency campaign are struggling to find a country that would accept them

Fortune

TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia's surprise social media shopping ban

In September, Jakarta banned social media platforms like TikTok and Facebook from offering e-commerce services on their social media platforms.

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International Business Times

TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shop

TikTok on Monday announced a $1.5 billion investment in GoTo in a deal that would allow the Chinese-owned short video app to restart its online shop in Indonesia.

International Business Times

TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shopping Business

Chinese-owned short video app TikTok on Monday announced a $1.5 billion investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the companies said in a statement.

Al Jazeera

Tensions rise as two more boats with over 300 Rohingya land in Indonesia

Since November, more than 1,500 refugees have arrived in Indonesia’s Aceh province, triggering anger among the locals.

The Independent UK

Over 300 Rohingya Muslims fleeing Myanmar arrive in Indonesia's Aceh region after weeks at sea

Two boats carrying more than 300 Rohingya Muslims, including emaciated women and children, arrived at Indonesia’s northernmost province of Aceh on Sunday morning after being adrift for over weeks

Al Jazeera

Indonesians rally in support of Palestinians in Gaza

More than 1000 pro-Palestinian demonstrators gather in front of landmark palace in North Sumatra’s Medan.

The Conversation

Belt and Road Initiative's new approach and what it means for Chinese investments in Indonesia

A shift in China’s international Belt and Road Initiative (BRI) from focusing on massive projects such as roads, railways and ports to “small but beautiful” ones has been announced by President Xi Jinping.

The Independent UK

Indonesia suspects human trafficking is behind the increasing number of Rohingya refugees

Indonesia’s president says his government blames a surge in human trafficking for the increasing number of Rohingya Muslims who have entered the country over the past few weeks

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