Indonesia to Tackle Investment Red Tape with Job Creation Bill
By: Maikel Jefriando JAKARTA (Reuters) – Indonesia’s government plans to submit a bill to parliament on Monday designed to replace dozens of overlapping laws viewed as a barrier to investment, a senior official said on Friday. With growth in Southeast Asia’s biggest economy having been…
Trump Announces Partial Trade Deal with China, Lifting Hopes that Tensions Could Ease
Source: Washington Post, October 12 2019 By David J. Lynch President Trump said Friday that the United States and China have “agreed in principle” on a preliminary trade deal, marking the first tangible achievement in their 18-month trade war while leaving all of the toughest issues…
Foreigners Dump $1.2 Billion of Indonesian Stocks After Weak Growth, Protests
Source: Bloomberg, September 30 2019 Foreign investors pared their holdings of Indonesian stocks as escalating political demonstrations added to worries of a slowdown in Southeast Asia’s largest economy. Net foreign selling in the equity market reached $1.2 billion in the third quarter, set for the…
Why It’s Another Bad Year for Indonesia’s Forest Fires
Source: Bloomberg, September 19 2019 By Yoga Rusmana An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual scale. Most of the blazes result from illegal slash-and-burn methods used to clear farmland for…