JAKARTA : Indonesia’s rice output is estimated at 13.79 million tonnes for the January to April harvest period this year, up 0.56 per cent from a year earlier, data from the country’s statistics bureau showed on Wednesday. The figure represents rice produced for household consumption and do not include output used in industries and animal […]
Read MoreKUALA LUMPUR, Feb 27 — Malaysia and Indonesia have reached a resolution to reduce poverty in South-east Asia and increase food security in the region, said Federal Land Development Authority (Felda) chairman Tan Sri Idris Jusoh. Idris said the Felda model will be used as an example by Asean countries to overcome the issue of […]
Read MoreThe value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country. Now Southeast Asia’s biggest economy plans to use that blueprint to vault nto the ranks of higher-income economies by processing everything from copper to fish. The goal is to double per-capita gross domestic product […]
Read More(Bloomberg) — The Indonesian rupiah has charged to the top of Asia’s currency leaderboard but its moment in the sun may be short-lived. Risks to the outlook are building as traders reassess how high US rates may go and support from Indonesia’s current-account balance wanes. All this is likely to hurt the rupiah, which has […]
Read MoreINDONESIA President Joko Widodo has nominated to parliament central bank governor Perry Warjiyo for a rare second term, a senior lawmaker said on Wednesday (Feb 22), paving the way for another five years in charge after his first term ends on May 23. Said Abdullah, a member of the parliamentary commission that oversees central bank […]
Read MoreINDONESIA is unveiling a slew of tax breaks to lure companies and people to move to its new capital in the heart of Borneo. Banks and insurers operating in Nusantara — as the capital is known — would pay no income tax for up to 25 years if they invest before 2035, according to an […]
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Thailand
