Report: HSBC to Scale Back Retail Banking in Mexico, Malaysia and Indonesia – PYMNTS.com
HSBC It is reported that the bank is considering downsizing its retail banking operations in Mexico, Malaysia and Indonesia. and some other countries. The bank is considering focusing only on wealthy customers in these markets to cut costs and focus on its core markets. it is UK and Hong Kong, Financial Times (FT) reported Thursday […]
Indonesia Thwarts Alleged Islamic Terror Plot Against Pope Francis
Indonesian police have arrested seven people on suspicion of being involved in an Islamic terror plot to attack Pope Francis, who is visiting the country. Coordinated arrests Happened The attacks took place in Jakarta, the nearby cities of Bogor and Bekasi, West Sumatra and Bangka Belitung Islands province, according to a statement released on Friday […]
Pope Francis Praises Indonesia for Choosing Kids Over Pets
ROME — Pope Francis on Wednesday praised Indonesia's high birth rate and reiterated his argument that pets should not replace children. Some countries, the Pope said, “adopt the deadly law of birth control, limiting the number of births, which is the greatest wealth a country can have.” Meetings During his visit to the Muslim-majority country, […]
Philippine fugitive mayor Alice Guo arrested in Indonesia, officials say | Philippines
Manila's Department of Justice said in a statement that Alice Guo, a former Philippine mayor who had been a fugitive on suspicion of ties to Chinese crime syndicates, had been arrested in Indonesia. Guo, also known as Guo Huaping, a Chinese national, is wanted by the Philippine Senate for refusing to appear at a congressional […]
Papua separatists kill helicopter pilot from New Zealand, say police | Indonesia
Separatist rebels in Indonesia’s easternmost province of Papua have killed a New Zealand helicopter pilot but four passengers on board were uninjured, police said. Glenn Malcolm Koning, a pilot for Indonesian airline PT Intan Angkasa Air Services, was shot dead, said Faisal Ramadani, a national police official and head of Papua’s Joint Security and Peace […]
Indonesia president begins working from new capital despite construction delays | Indonesia
Indonesian President Joko Widodo has opened work on the presidential palace in the country’s ambitious new administrative capital, a flagship project of his two terms in office that has been plagued by delays. The capital is set to move from traffic-choked, sinking Jakarta to the planned city of Nusantara in East Kalimantan province on Borneo […]
Indonesia is the missing piece in America's Indo-Pacific strategy
Judging from the results of the annual surveyShangri-La DialogueIn a US strategy held in Singapore over the weekend,Prevent ChinaAttempts to gain hegemony in the Indo-Pacific region are progressing. With the US’s support now assured, Philippine President Ferdinand Bongbong Marcos (keynote speaker) said,“Filipinos will not give in”pressure from China.New InitiativesThe agreement was announced to deepen trilateral […]
Python swallows woman whole in Indonesia
A missing woman in Indonesia has been found having her body dismembered by a giant python and eaten alive by locals. Farida, 45, went missing on Thursday night. Her body was discovered inside the reticulated python on Friday by her husband and other residents of Karempan village in South Sulawesi province, local officials said, according […]
India, Indonesia Stand Out for EM Investors in Aging World – Yahoo Finance
(Bloomberg) — Emerging markets such as India and Indonesia, with robust population growth, are positioned to benefit as demographics start to play a bigger role in investment decisions, according to Fidelity International and the BlackRock Investment Institute. Most read articles on Bloomberg Investors are keeping an eye on the two emerging Asian nations, likely due […]
Elon Musk debuts Starlink satellite internet service in Indonesia
Elon Musk visited Bali this weekend to officially launch Starlink, the SpaceX satellite internet service, in Indonesia this Sunday. Speaking at a launch event with ministers at a clinic in Indonesia, Musk stressed the importance of providing internet access to large swaths of the vast archipelago, which is made up of 17,000 islands spread across […]