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Highlights From Local News Wires

INDONESIA

Below is a collection of news wires reports from English versions of Indonesian Newspapers and some other major news outlets.

BI: “An extended rate pause in the cards for Indonesia, Philippines” – Bloomberg (see link)

Economy: “Need to optimize policy on forex from exports for growth: ministry” – Antara News (see link)

  • Ministry of Economic Affairs has said that they will implement an export task force, change the law on FX from commodity exports (to keep FX in domestic financial markets) and advance local currency settlement to mitigate risks from a global slowdown.

Economy: “Forex from exports could help Indonesia become developed: ministry” – Antara News (see link)

Economy: “Prices of staple goods still stable nearing Eid al-Adha: President” – Antara News (see link)

Markets: “IDX announces 3 days off for next week” – Jakarta Globe (see link)

Geopolitics: “Indonesia must take real actions to end Myanmar violence: UN expert” – Antara News (see link)

Geopolitics: “UN expert expresses concern over junta presence in ASEAN meetings” – Antara News (see link)

Trade: “Hartato, European Parliament delegates discuss IEU-CEPA” – Antara News (see link)

Energy: “Indonesia, S Korea build synergy in use of NRE in manufacturing” – Antara News (see link) (NRE = new, renewable energy)

Health: “Indonesia says goodbye to Covid-19 pandemic” – Jakarta Globe (see link)

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