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Business 04 Jan 2014 | 12:00 AM Premium

It's the economy

But the politics will be intertwined inextricably.

Business 22 Mar 2014 | 12:00 AM Premium

Global forex market

AS widely expected, the US Federal Open Market Committee (FOMC) decided to taper the size of its monthly asset purchases by another US$10bil. The committee announced that it will now purchase US$55bil in assets each month – US$25bil in mortgage-backed securities (down from US$30bil) and US$30bil in Treasury debt (down from US$35bil) beginning in April.

Business 17 May 2014 | 6:55 AM Premium

Southeast Asia stocks: Thai at 2-week high

BANGKOK: Most Southeast Asian stocks gained on Friday, with Thai shares climbing to a two-week high amid hopes for a solution to the political crisis, while Indonesia rose for a fifth day with PT Bumi Resources Tbk outperforming.

Economy 19 May 2014 | 5:13 PM Premium

Ringgit leads in Asia forex gain, rupiah weaker

SINGAPORE: The rupiah turned weaker on Monday after Indonesia's second largest party, Golkar, unexpectedly said it would support the main rival to presidential frontrunner Joko "Jokowi" Widodo, while the Malaysian ringgit led gains among emerging Asian currencies.

Economy 20 May 2014 | 3:03 PM Premium

Thai shares fall after martial law, Jakarta lower

REUTERS: Thai shares fell on Tuesday after the army declared martial law to restore order following six months of anti-government protests, while Indonesian stocks declined on uncertainty over the outcome of the presidential election in July.

Business 07 Jul 2014 | 8:12 AM Premium

Indonesia's tight, dirty presidential race may be decided in West Java

TASIKMALAYA Indonesia: The closest and dirtiest presidential race in Indonesia's young democracy could be decided on Wednesday among the mosques and rice paddies of West Java, the nation's most populous province.

Economy 10 Jul 2014 | 4:48 PM Premium

Rupiah off 7-week high on poll uncertainty, ringgit weaker

SEOUL: The Indonesian rupiah hit a seven-week high on Thursday, in tandem with firmer local stocks and bond prices, but pared gains on uncertainty over who won closely fought presidential elections.

Economy 23 Jul 2014 | 4:59 PM Premium

Rupiah hits 2-month peak after Jokowi wins

SINGAPORE: The Indonesian rupiah rose to its highest level in two months on Wednesday after Joko "Jokowi" Widodo was declared the winner of the presidential election, although its gains were tempered by suspected intervention.

Plantations 15 Aug 2014 | 3:48 PM Premium

Indonesia lawmakers draft bill to slash foreign ownership of plantations

JAKARTA: Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30 percent, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.

Business 16 Aug 2014 | 12:00 AM Premium

Indonesia mulls plantations cap

JAKARTA: Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30%, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.