Flash flooding and landslides on Indonesia’s main island of Java have killed at least 21 people and damaged villages and rice fields.

By Andy Home LONDON (Reuters) -Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the London Metal Exchange (LME). There is no mystery to this dramatic tale of boom and bust.

In the first phase, Indonesia gradually reduced KUR interest rates and expanded the pool of recipients, opening doors for MSMEs underserved by financial institutions, increasing the volume of loans, and boosting MSMEs’ confidence in using KUR financing to expand their businesses.

During a side event at the ongoing WEF Annual Meeting, the government promoted Indonesia as a destination for renewables investments, highlighting its abundant energy sources and sustainability principles as it aims to achieve energy self-sufficiency.

Indonesia aims to limit emissions growth to 23% by 2035 from 2019 levels through conserving forests and peatlands to mitigate pollution, according to a top official.

Starbucks Indonesia guarantees that customers can use store facilities even if they do not buy products at the store.

JAKARTA (Reuters) - Indonesia's President Prabowo Subianto is considering pardons for prisoners linked to armed organisations in the restive easternmost province of Papua, including separatists, providing they renounce violence and abandon secessionist agendas, a senior minister said on Wednesday.

Indonesia's oil and gas exporters will be exempted from the new rule mandating that all proceeds from natural resource exports be kept onshore for a year.

JAKARTA (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028, the project's chief said on Tuesday.

Indonesia’s plan to force commodity firms to keep export earnings onshore for a year will create new challenges for companies that are already dealing with rising regulatory uncertainty.