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Posted on June 18, 2025

Wilmar Group hands over $928 million in Indonesia palm oil graft case

Prosecutors appealing court ruling that cleared Wilmar and two other palm oil companies of bribery charges. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on June 18, 2025

Indonesia’s Government Debt Jumps 164% to $21b in 5 Months

Indonesia’s government debt hits Rp 349.3T in Jan–May 2025, up 164% YoY, signaling mounting fiscal pressure despite surplus claims.

Posted on June 18, 2025

Flights to Indonesia’s Bali canceled after volcano erupts

JAKARTA (Reuters) -- Several flights to the Indonesian resort island of Bali were canceled or delayed and the airport in Maumere in East Nusa Tenggara province was closed due to the eruption of Mount ...

Posted on June 18, 2025

Indonesia’s Mount Lewotobi Laki-laki spews 11 kilometre high ash cloud after eruption

Mount Lewotobi Laki-laki in Indonesia's East Nusa Tenggara province erupted on Tuesday, spewing a towering ash cloud 11 kilometres (6.8 miles) high, the country's volcanology agency said.

Posted on June 18, 2025

Damac spearheads data center developments in Indonesia

Jarkata City in Indonesia is set to host a $2.3 billion AI-focused data center, which will become one of Southeast Asia’s biggest AI-dedicated developments, backed by the Damac Group. Edgnex Data ...

Posted on June 18, 2025

Trade war looms over voices of global business in China

Once at the vanguard of globalisation, international business chambers in the country now face a trickier challenge in seeking change ...

Posted on June 18, 2025

China will issue remaining consumer goods subsidies at stable rate, state media says

China will issue the rest of its consumer goods trade-in funds in an orderly manner and the central government is now guiding local governments to use the funds at a stable pace, state media ...

Posted on June 18, 2025

China to loosen IPO restrictions by reinstating listings of unprofitable start-ups: CSRC

China plans to resume listings of unprofitable start-ups on its technology boards in an effort to support the nation’s drive toward technological self-sufficiency and roll back curbs on the initial ...

Posted on June 18, 2025

ADB unveils $2.3 billion plan to boost green, job-rich growth in Nepal

The Asian Development Bank (ADB) on Tuesday announced its new Country Partnership Strategy (CPS) for Nepal covering 2025-2029, setting the framework for $2.3 billion in concessional support focused on ...

Posted on June 18, 2025

Foreign Aid is Drying Up—Nepal Needs a Plan B

Nepal should take this situation as a wake-up call to cease relying solely on foreign funding to support its development. Uncertain contributors affect national autonomy and cause delays in planning ...

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