Trump Announces Indonesia Trade Deal With 19% Tariff
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JAKARTA] Indonesia’s central bank cut its benchmark interest rate for the third time this year, shortly after the country finalised a trade deal with the US that sets a 19 per cent tariff on goods from South-east Asia’s largest economy.
Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the United States was positive for Southeast Asia's biggest economy amid weakening global trade and slowing domestic demand.
A new report flags debt and ESG risks, calling for greater domestic accountability to ensure foreign investments work in Indonesia’s interest.
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Legit.ng on MSNIn Indonesia, a start-up captures coolants to stop global warmingIn the basement of a Jakarta housing complex, surrounded by the silver piping of the air-conditioning system, Indonesian technician Ari Sobaruddin is doing his part to tackle climate change.