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Indonesia, Prabowo
Indonesia's parliament passes Prabowo's maiden budget
Indonesia's parliament on Thursday passed President-elect Prabowo Subianto's maiden budget for 2025, with spending set at 3,621.3 trillion rupiah ($237 billion) and the fiscal deficit projected to be 2.
Indonesia Parliamentary Committee Approves Incoming Govt's Budget
JAKARTA (Reuters) - Indonesia's key parliamentary budget committee on Tuesday approved increased spending for the incoming government of president-elect Prabowo Subianto while maintaining the fiscal deficit at 2.53% of GDP, its chair said.
Prabowo’s First $237 Billion Budget Wins Indonesia Parliament Approval
Indonesia’s parliament approved a $237-billion state budget that will help President-elect Prabowo Subianto get his administration and growth ambitions up and running next month.
Free meal for kids, health check-ups for all: Indonesian parliament passes President-elect Prabowo’s budget
Indonesian President-elect Prabowo Subianto’s maiden budget passed by the parliament on Thursday assumes economic growth of 5.2 per cent, a small increase from 2024’s forecast of 5.1 per cent
Indonesia, Jokowi
Indonesia's tax agency probes alleged personal data breach
Indonesia's tax agency is investigating an alleged data breach that exposed the taxpayer identification numbers of millions of Indonesians, including President Joko "Jokowi" Widodo, his ministers and his two sons,
Indonesia’s President Jokowi among 6 million taxpayers whose data stolen, tax agency launches probe
This latest incident follows a series of cyber-attacks that have plagued Indonesia in recent months. In June, a ransomware attack crippled several government services, including immigration and major airport operations,
Indonesia probes alleged hack of Jokowi, six million taxpayers
Indonesia’s tax agency is investigating claims that data from millions of taxpayers, including President Joko Widodo and his ministers, have been leaked online.
Bank Indonesia, Fed
Indonesia's central bank delivers surprise rate cut
Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to bolster growth in Southeast Asia's largest economy ahead of the start of an expected easing cycle in the United States.
Indonesia’s Surprise Rate Cut May Spur Inflows, Support Rupiah
Bank Indonesia’s surprise interest-rate cut may lead to higher foreign inflows into bonds and stocks, which may end up supporting the rupiah, according to analysts.
Dollar drops as Fed cuts rates by half a percentage point
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.
Channel NewsAsia Singapore
4h
Indonesia passes law allowing president to create, restructure ministries without restrictions
Indonesia's parliament has passed a revised law that would grant president-elect Prabowo Subianto more powers to create new ...
20h
Indonesia Amends Palm Oil Levy Regulation to Increase Exports
Indonesia’s Finance Ministry issued new regulations to revise the palm oil export levies, in a bid to boost shipments of the ...
America Magazine
2d
What Pope Francis’ visit meant to the people of Indonesia—Catholic and not
The people of Indonesia believe in gotong royong, literally, “joint bearing of burdens,” carrying something together, ...
Channel NewsAsia Singapore
7h
Indonesia’s move to allow export of sea sand draws brickbats, but Jokowi defends change
President Joko Widodo had announced the move last year but the regulation can only be implemented after the Ministry of Trade ...
2h
Indonesia’s Barito Renewables Tumbles After FTSE Index Removal
PT Barito Renewables Energy tumbled by its daily limit after FTSE Russell said it would delete the Indonesian power giant ...
3h
Aftermath of earthquake in West Java, Indonesia
This photo provided by Indonesia's National Disaster Management Agency (BNPB) shows rescuers collecting useable items from damaged houses after an earthquake struck Kertasari village in Bandung ...
Business Times
50m
ADB approves US$500 million loan for Indonesia’s energy transition efforts
THE Asian Development Bank (ADB) said on Friday (Sep 20) that it has approved a US$500 million policy-based loan to Indonesia ...
4h
Indonesia Shares May See Additional Support On Friday
The Indonesia stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had ...
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