7 articles
Owner Low Tuck Kwong is negotiating to sell a majority stake in Indonesian coal miner Bayan Resources to a rival-led consortium. The potential $28 billion deal comes amid industry turmoil and regulato
Indonesian President Prabowo inaugurated 14 solar power projects totaling 5.3 gigawatts, backed by a $7.62 billion investment. This move supports Indonesia's target to achieve 100 GW of solar capacity
Investor confidence in Indonesia has plummeted due to policy uncertainty and new export regulations targeting key commodities like palm oil, coal, and ferro-nickel. The rupiah has dropped 14% and stoc
Indonesian President Prabowo Subianto announced a new state entity will oversee exports of palm oil, coal, and ferro-alloys to boost revenue. The move has shocked officials and markets, raising concer
Indonesian President Prabowo Subianto mandates that exports of palm oil, coal, and ferroalloy be conducted through a state agency to boost revenue and stabilize the rupiah. The policy aims to improve
Indonesian President Prabowo Subianto set a 2027 fiscal deficit target of 1.8% to 2.4% of GDP aiming for 6.5% growth. The announcement included plans to establish a body managing key commodities like
Indonesian President Prabowo Subianto announced plans to centralize exports of key commodities like palm oil and coal through a state-owned enterprise to boost state revenues. The policy shift has tri
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