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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Rupiah Depreciation

A rush hour traffic jam in a major thoroughfare of west Jakarta. Photo: iStock
Posted inAT Finance, Indonesia, World

Widodo wobbles on fuel price hike reversal

by John McBeth October 28, 2018February 18, 2020

After a long silence, Indonesian President Joko Widodo now acknowledges he signed off on a surprise October 11 fuel price increase, then scrapped it an hour later when he realized the impact it would have on the purchasing power of low-income Indonesians. “I had agreed, but there was new information given to me related to […]

Then presidential candidate Joko Widodo gestures at a live nationwide television debate with opponent Prabowo Subianto from Jakarta on July 5, 2014. Photo: AFP/Romeo Gacad
Posted inAT Finance, China, Indonesia, Philippines, World

Crisis after crisis, Widodo still on top

by John McBeth October 19, 2018February 18, 2020
Indonesia's rupiah has lost more than 10% of its value to the dollar so far this year. Image: iStock/Getty Images
Posted inAT Finance, China, India, Indonesia, Middle East, South Asia, Turkey, Vietnam, World

Rupiah’s slide sparks crisis fears in Indonesia

by John McBeth October 11, 2018February 18, 2020
Indonesian President Joko Widodo visits locations damaged by the earthquake in Petobo, Palu, Central Sulawesi, Indonesia on October 03, 2018. Photo: Anadolu Agency via AFP/Eko Siswono Toyudho
Posted inAT Finance, Australia, Indonesia, Japan, Northeast Asia, Oceania, Singapore, South Asia, World

Widodo’s luck turns amid mounting disasters

by John McBeth October 5, 2018February 18, 2020
An Indonesian worker fills up a truck with fuel at a state energy giant Pertamina filling center in Jakarta on August 27, 2014. Photo: AFP/Adek Berry
Posted inAT Finance, Indonesia, Northeast Asia, South Asia, World

Price rising on Indonesia’s resource nationalism

by John McBeth September 19, 2018February 18, 2020
The plant expansion is  part of the infrastructure-centered economic development policy being pushed by the administration of President Joko Widodo. Photo: AFP
Posted inAT Finance, China, India, Indonesia, Middle East, South Asia, Turkey, World

Indonesia’s Widodo wobbles as the rupiah tumbles

by John McBeth September 7, 2018February 18, 2020

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