Ethnic Rohingya people rescued from their capsized boat rest at a local government building in Samatiga, Aceh province, Indonesia, on March 20, 2024. | Photo Credit: AP A wooden boat carrying dozens of Rohingya Muslims capsized off Indonesia’s northernmost coast on Wednesday. Local fishermen rescued six refugees who said more people were still on the … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published … Read more
The Indian government’s recent decision to permit onion exports to Bahrain and Mauritius has stirred controversy within the exporting industry. Despite these countries’ limited historical imports of Indian onions, the government’s move has left larger importers feeling neglected and frustrated, according to the industry players. Also read: Onion exporters seek “fair and just” export system … Read more
Any gain in palm oil prices will likely be capped by hopes of a large soyabean crop, weaker soft oil prices and muted demand in China. However, biodiesel policies to include palm oil by producing nations such as Malaysia and Indonesia could prevent any sharp fall in its prices, analysts said. “In the short term, … Read more
The Indonesian Tourism Ministry hopes to double Indian tourist arrivals to 1.2 million in 2024 with additional flights and a proposed visa-free entry scheme. Last year, Indonesia received 11.7 million tourists from around the world, which was 98 per cent higher compared to 2022. This included 6,10,000 Indian citizens. Indian arrivals in 2023 were slightly … Read more
Indonesia issues regulations requiring digital platforms to pay media for content. | Photo Credit: REUTERS Indonesian President Joko Widodo said on Tuesday he had signed a regulation requiring digital platforms to pay media outlets that provide them with content, a move aimed at levelling the playing field between the media industry and big tech companies. … Read more