The IMF and World Bank have aggressively pushed out financing to help countries deal with the health and economic impacts of the coronavirus pandemic. Here is a summary of the financing available from the Washington-based development lenders: Regular lending capacity All members of the InternationalRead more..

The government is seeking to speed up the development of the super-priority tourist destination Lake Toba in North Sumatra as a part of its broader efforts to attract foreign and domestic tourists. Speaking during a virtual coordination meeting, Coordinating Maritime and Investment Minister LuhutRead more..

State revenue is expected to nosedive this year as the government rolls out tax incentives, including corporate income tax cuts, amid the COVID-19 outbreak that has triggered declines in commodity prices and business output. Finance Minister Sri Mulyani Indrawati said on Monday that the state revenue wouldRead more..

Emerging-market currencies beaten down by COVID-19 fallout may face a fresh round of selling ahead of the foreign-exchange reserves data that are expected to show big drawdowns. Mexico’s weekly data is set to come out on Tuesday, along with figures from Indonesia, Taiwan, the Philippines, China, Malaysia,Read more..

The Jakarta Composite Index (JCI) hit yet another circuit breaker on Monday afternoon, with trading temporarily halted for the fifth time this month and prices hitting their lowest levels in eight years as Indonesia recorded more COVID-19 cases. Trading was halted for 30 minutes at 2:52 p.m. on Monday as theRead more..