Latest News for: Indonesia markets


Cigna faces backlash for selling LINA to Chubb

Korea Times 16 Oct 2021
By Park Jae-hyuk ... In addition, the price of LINA accounts for at least 60 percent of the $5.75 billion that Cigna will earn from its latest decision to sell its operations in Korea, Taiwan, Thailand, New Zealand, Hong Kong, Indonesia and Turkey. The valuation of LINA is even estimated at up to $5 billion, according to some market insiders. .

Commodities boom, tourism hopes fuel South-east Asia stock rally

Straits Times 15 Oct 2021
Investors expect further gains this year, with Thailand cited as a key beneficiary from a rebound in tourism and Indonesia a winner thanks to its huge natural resources sector ... As global funds stream back into these equity markets, currencies are also getting a boost, making the Thai baht and Indonesia's rupiah Asia's top performers this month.

The 36th Trade Expo Indonesia – Digital Edition (TEI – DE) 2021

The Saigon Times 15 Oct 2021
This B2B-focused tradeshow is aimed to boost both export product growth and market expansion, bringing quality made-in-Indonesia products to the global market, as well as to develop business networks, investment and showcase Indonesia’s premium products ... Consulate General of the Republic of Indonesia in Ho Chi Minh City.

Ministers vow to enhance China, Indonesia cooperation

Xinhua 15 Oct 2021
China will continue to encourage Chinese-funded enterprises to actively participate in Indonesia's industrialization process and continuously expand market access for Indonesian exports to China, Wang said. Indonesia firmly pursues a friendly policy toward China and supports the vision of a community with a shared future for humanity, Luhut said.

Singapore's surge in power prices spike partly due to lower Indonesian gas -regulator

The Star 15 Oct 2021
SINGAPORE �(Reuters) - A sharp rise in Singapore's spot electricity prices amid a global power crunch has been exacerbated by reduced gas supply from neighbouring Indonesia, the city state's Energy Market Authority said on Friday. Read full story ... .

Montana coal production inches upward

Billings Gazette 15 Oct 2021
“We have spent years developing the Japanese market and that is our most reliable market. It is the highest valued market for our product,” Read said ... Export markets fueled a coal boom in Montana and Wyoming during the first six years of the past decade ... So does Indonesia, which is the biggest exporter of steam coal.

CREC to accelerate expansion in global markets

China Daily 15 Oct 2021
It said the company's big-ticket projects conducted in recent years include the construction of the China-Laos railway, the Jakarta-Bandung high-speed railroad in Indonesia, and the Padma Bridge in Bangladesh, which not only played an exemplary role in those markets, but drew ...

Sri Lanka and Maldives to Enhance Cooperation in Shipbuilding and Boatbuilding Industries

Sri Lanka News 15 Oct 2021
Further that some of the products include boat accessories, life jackets, boat and ship repairing including repairs of super luxury vessels and yachts, and that their serviceshave expanded to markets in Africa, Europe and some Middle Eastern countries as well as to Indonesia and Maldives.

Guatemala’s growing palm oil industry fuels Indigenous land fight

Al Jazeera 15 Oct 2021
Chinebal, GuatemalaAnibal Agurtia blows into the conch shell tied to a red string around his hand, calling people to the clearing ... The global palm oil market is dominated by Indonesia and Malaysia, which together produce more than 80 percent of the world’s supply ... Last year, Guatemala produced some 880,000 tonnes of crude palm oil ... Disputed land ... .

The Origin of Greta Thunberg’s ‘200 species extinctions per day’

Principia Scientific 15 Oct 2021
200 extinct species per day didn’t ring true to me so I looked into it starting in May, 2020, ready to accept the narrative ... Partial truth ... CO2 is crop fertilizer ... Highlights Summary ... Key Points ... ... Over 25,000 square miles of forest (species habitat) was deliberately burned in Indonesia for example to plant palm oil trees for heavy market demand.

Indonesia Retail Market to grow at a CAGR of 4% | CT Corp. and PT ...

The Salamanca Press 14 Oct 2021
14, 2021 /PRNewswire/ -- The Indonesia retail market is set to grow by USD 37.32 billion at a CAGR of 4% from 2021 to 2025, according to the latest research report by Technavio ... The Indonesia retail market covers the following areas.Indonesia Retail Market SizingIndonesia Retail Market ForecastIndonesia Retail Market Analysis.

DiplomaticQuarter: Indonesian Embassy hosts fest to promote rice products in Saudi Arabia

Arab News 14 Oct 2021
Given that Indonesia’s rice production had a surplus in 2020 of 4.64 million tons, Saudi Arabia is one of the potential markets for Indonesian rice,” said the embassy in a statement ... The Kingdom ranks 23rd among Indonesia’s export destinations and is among its top 10 import ...

Port integration: Keeping the crowding out effect at bay

The Jakarta Post 14 Oct 2021
This port integration policy was made official in a deed of merger of four state-owned ports, PT Pelabuhan Indonesia I, PT Pelabuhan Indonesia III and PT Pelabuhan Indonesia IV, all merging into PT Pelabuhan Indonesia II acting as the surviving entity ... 90 percent of the market.

Indonesia's Bali reopens to international tourists, lacks international flights

Hindustan Times 14 Oct 2021
Indonesia's holiday island of Bali reopened to foreign tourists after 18 months of pandemic hiatus on Thursday.(Unsplash) ... As well as requiring Bali visitors to be vaccinated against Covid-19, Indonesia has stipulated they must spend their first five days in quarantine, a measure rival tourism markets are phasing out.

Indonesia’s Bali reopens to international tourists, but with no flights

Metro USA 14 Oct 2021
Indonesia’s tight immigration measures during the pandemic have devastated the island, with widespread closures of hotels, shops and businesses ... As well as requiring Bali visitors to be vaccinated against COVID-19, Indonesia has stipulated they must spend their first five days in quarantine, a measure rival tourism markets are phasing out.