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Indonesia plans large energy subsidies for 2023

JAKARTA: Indonesia will allocate “very large” energy subsidies in 2023 to stabilise prices, even as the government...

Published 08 Aug, 2022 03:35pm

World

Indonesia, US begin ‘Super Garuda Shield’ military exercise

JAKARTA: Thousands of Indonesian and American troops began a two-week joint military exercise on Monday that...

Published 02 Aug, 2022 06:44am

World

Indonesia, US begin ‘Super Garuda Shield’ military exercise

JAKARTA: Thousands of Indonesian and American troops began a two-week joint military exercise on Monday that...

Published 01 Aug, 2022 11:46am

Technology

Google yet to sign up to Indonesia’s new licensing rules

JAKARTA: Google was among the last remaining tech platforms yet to comply with Indonesia’s new licensing rules on...

Published 20 Jul, 2022 05:52pm

World

G20 chair Indonesia says ‘many’ nations condemned Russia at talks

BALI: Many nations in the Group of 20 major economies condemned Russia’s invasion of Ukraine and called for it to...

Published 18 Jul, 2022 06:22am

G20 finance chiefs resolved on food security

NUSA DUA, (Indonesia): The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food...

Published 17 Jul, 2022 05:19am

Indonesia removes palm oil export levy until Aug 31

JAKARTA/NUSA DUA: Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt...

Published 17 Jul, 2022 05:19am

Business & Finance

Indonesia trade surplus beats forecast after palm oil exports resumption

JAKARTA: Indonesia booked a larger-than-expected trade surplus of $5.09 billion in June, as palm oil exports surged...

Published 15 Jul, 2022 09:40am

World

G20 host Indonesia hopes for progress in finance chief talks despite war friction

JAKARTA: G20 finance leaders will meet in Bali this week for talks that are due to include issues like global food...

Published 13 Jul, 2022 01:06pm

World

Indonesia urges G20 to help end war in Ukraine as Russia’s Lavrov looks on

NUSA DUA: Indonesia urged the G20 on Friday to help end the war in Ukraine, as foreign ministers from the group met...

Published 08 Jul, 2022 11:01am

World

Russia’s Lavrov to join G20 foreign ministers’ meeting in Indonesia

Russian Foreign Minister Sergei Lavrov will attend a meeting of his counterparts of the Group of 20 biggest...

Published 28 Jun, 2022 05:40pm

Pakistan

Pakistan to receive edible oil shipments from Indonesia, Malaysia: PM Shehbaz

First shipment will leave Jakarta today and dock in Pakistan in two weeks

Updated 14 Jun, 2022 05:34pm

Markets

Sufficient stock available: More edible oil to arrive from Malaysia, Indonesia, Miftah told

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail presided over a meeting of the committee on edible...

Published 12 Jun, 2022 07:44am

Markets

Out of the frying pan: Indonesians pay price of cooking oil crisis

JAKARTA: About three weeks after Russian troops invaded Ukraine, Indonesian housewife Liesye Setiana was forced to...

Published 08 Jun, 2022 11:01am

Indonesia and Malaysia, too, summon India’s envoys over BJP spokeswoman’s blasphemous remarks

JAKARTA: Indonesia and Malaysia have both summoned India’s envoys in their countries over “derogatory” remarks...

Published 08 Jun, 2022 06:19am

World

Australian PM in Indonesia for talks on investment, climate change

JAKARTA: Australian Prime Minister Anthony Albanese was in Indonesia on Monday to meet its President Joko Widodo and...

Published 06 Jun, 2022 10:43am

Markets

Indonesia issues around 302,000 tonnes of palm oil export permits

JAKARTA: Indonesia has issued around 302,000 tonnes of palm oil export permits since the country restarted exports,...

Published 06 Jun, 2022 07:38am

Markets

Indonesia has issued around 302,000 T of palm oil export permits

JAKARTA: Indonesia has issued around 302,000 tonnes of palm oil export permits since the country restarted exports,...

Published 05 Jun, 2022 05:45pm

Pakistan

Saudi Arabia launches ‘Road to Makkah’ initiative

Five countries including Pakistan, Malaysia, Indonesia, Morocco, and Bangladesh are part of the initiative

Updated 05 Jun, 2022 09:07am

Business & Finance

Indonesia’s inflation inches up in May, stays within central bank target

JAKARTA: Indonesia’s inflation rate accelerated slightly in May to 3.55%due to rising food prices and airfares,...

Published 02 Jun, 2022 10:07am

Markets

Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports

KUALA LUMPUR: Indonesia’s resumption of palm oil exports will not blunt Malaysia’s competitiveness in exporting the...

Published 22 May, 2022 10:11am

Markets

Indonesia to lift ban on palm oil exports from Monday

JAKARTA: Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving...

Published 20 May, 2022 06:00am

Markets

Indonesia to lift palm oil export ban from Monday, president says

JAKARTA: Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil...

Updated 19 May, 2022 03:59pm

Markets

Indonesia’s March palm oil exports down 40% y/y

JAKARTA: Indonesia exported 2.02 million tonnes of palm oil in March, including refined products, down 40% from the...

Published 19 May, 2022 12:08pm

Business & Finance

Indonesia posts largest ever trade surplus of $7.6bn in April

JAKARTA: Indonesia’s trade surplus jumped to its largest ever at $7.56 billion in April, as exports rose to a new...

Published 17 May, 2022 01:24pm

Business & Finance

Asian economic powers warn of risks from war, monetary policy normalisation

TOKYO: East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain...

Published 12 May, 2022 02:56pm

Markets

Indonesia seeks to balance international, local palm oil demand

JAKARTA: Indonesia is seeking a balance between capitalising on high global palm oil prices while ensuring food at...

Published 11 May, 2022 12:43pm

World

Indonesia seizes tanker over palm oil export ban violation

JAKARTA: The Indonesian Navy has seized a tanker that was carrying palm oil out of the country in violation of an...

Published 07 May, 2022 02:28pm

World

12 women killed by landslide in Indonesia gold mine

MEDAN: Twelve women working in an illegal gold mine in Indonesia’s North Sumatra province were killed when a cliff...

Published 29 Apr, 2022 09:46am

Markets

Indonesia suspends all exports of palm oil

JAKARTA: Indonesia began imposing a complete ban on palm oil exports Thursday, as the world’s largest producer of...

Published 28 Apr, 2022 10:33am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 10 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 10 Al-Abbas Sugar Mills Limited(AABS)	301.49 ▼ 0.00 (0.00%)
Agro Allianz / Aug 10 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 10 Allied Bank Limited(ABL)	65.34 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 10 Abbott Laboratories (Pakistan) Limited(ABOT)	622.99 ▼ 0.00 (0.00%)
Abson Ind. / Aug 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 10 Alfalah Consumer Index ETF.(ACIETF)	7.90 ▼ 0.00 (0.00%)
Attock Cement / Aug 10 Attock Cement Pakistan Limited(ACPL)	74.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 10 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 10 Al-Abbas Sugar Mills Limited(AABS)	301.49 ▼ 0.00 (0.00%)
Agro Allianz / Aug 10 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 10 Allied Bank Limited(ABL)	65.34 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 10 Abbott Laboratories (Pakistan) Limited(ABOT)	622.99 ▼ 0.00 (0.00%)
Abson Ind. / Aug 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 10 Alfalah Consumer Index ETF.(ACIETF)	7.90 ▼ 0.00 (0.00%)
Attock Cement / Aug 10 Attock Cement Pakistan Limited(ACPL)	74.15 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 5	225.00
USD PKR Interbank Buying / Aug 5	224.00
USD to Japanese Yen / Aug 8	134.97
USD to Swiss Franc / Aug 8	0.96
Pound Sterling to USD / Aug 8	1.21
Euro to USD / Aug 8	1.02
UK LIBOR % / Aug 5	2.31

Stock	Volume
S&P 500 / Aug 8	4140.12
India Sensex / Aug 8	58853.07
Tokyo Nikkei / Aug 8	28249.24
Nasdaq / Aug 8	12644.46
Hang Seng / Aug 8	20045.77
FTSE 100 / Aug 8	7482.37
Dow Jones / Aug 8	32832.54
Germany DAX 30 / Aug 8	13687.69
France CAC40 / Aug 8	6524.44

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 5	17735.00
Gold 10 Grams PKR / Aug 5	128800.00
Crude Oil USD/Barrel / Aug 8	90.76
Gold Spot USD/Ounce / Aug 8	1788.94
Cotton US¢/pound / Aug 8	95.59

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