Indonesia counters coronavirus with interest rates cuts

Bank Indonesia (BI) has cut its benchmark interest rate to address the economic impact of the coronavirus.  The Indonesian central bank cut its benchmark interest...

Indonesia eyes taxes on plastic bags, sweet drinks and cars 

Indonesia’s Finance Minister Mulyani Indrawati has submitted a proposal to parliament to impose environmental tariffs. She said the authorities were targeting sugar-filled and artificially...

Indonesia and Malaysia slam EU palm oil limits 

Indonesia and Malaysia, which account for around 85 per cent of global palm oil production, have accused the European Union of unfairly targeting the...

Southeast Asian central banks roll out anti-virus measures

Four central banks in Southeast Asia signaled aggressive policy action this week to curtail the impact of the new coronavirus. The central banks are from Indonesia, the...

Calls in Indonesia’s Aceh for cannabis to be legalised

Calls for cannabis legalisation are on the rise in the otherwise repressive Indonesian province of Aceh to boost development in areas where illicit cultivation...

Indonesia takes ‘bold’ steps to guard rupiah from virus

Indonesia’s central bank is taking “bold” steps to protect the nation’s currency and bonds against the economic impact of the novel coronavirus. Bank Indonesia is...

AirAsia Group faces probe over alleged corruption

Low-cost airline operator AirAsia Group Berhad is facing a regulatory probe over an alleged bribery from aircraft manufacturer Airbus. The Securities Commission Malaysia said on...

As Indonesian fires rage, government turns a blind eye to pulp and paper industries

The government in Jakarta may not exactly be fiddling while Indonesia burns, but a recent report released indicated that it’s certainly not doing enough...

Indonesia prepares repatriation of trapped citizens in Hubei

The Indonesian government is set to repatriate its citizens trapped in China after it sought the evacuation approval of the virus-hit country. Foreign Minister Retno...

Indonesia axes deal with WWF

Indonesia has cut ties with the World Wildlife Fund (WWF) amid claims the organisation overstepped its role and unfairly criticised efforts to control last...

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Thai Airways poised to get go-signal for rehabilitation plan

Flag carrier Thai Airways International Pte. Ltd. was confident that it will secure the nod of the bankruptcy court for its request to restructure...

Vietnam back on high alert as new virus case confirmed

Vietnam was back on a high alert status over the coronavirus disease, three months after reporting zero local transmission. This came after a 57-year-old man...

Thailand sets sights on medical tourism after combating COVID

One month after reporting zero virus transmission, the province of Phuket in Thailand is now opening its doors to the “new normal” by investing...