• Indonesia Raises 100 Billion Yen from Samurai Bonds

    After last week's successful issuance of euro-denominated bonds, the government of Indonesia has now conducted a successful issuance of yen-denominated bonds (known as samurai bonds). Indonesia's Finance Ministry said it raised 100 billion yen (approx. USD $942 million) on Wednesday (15/06) from a private placement of samurai bonds to institutional investors in Japan. Lead underwriters of the bond issuance were Mitsubishi UFJ Morgan Stanley Securities Co Ltd, Mizuho Securities Co Ltd, and SMBC Nikko Securities Inc.

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  • Why Indonesia Doesn't Ratify WHO's Framework Convention on Tobacco Control

    Indonesia is one of the few nations around the globe that is yet to ratify the World Health Organization (WHO)’s Framework Convention on Tobacco Control (FCTC). The FCTC mandates strict limits on tobacco advertising, sponsorship, production, sale, distribution and taxation in order to protect people from the negative health, social, environmental and economic consequences of cigarette consumption or exposure to cigarette smoke. However, it will be a cold day in hell before Indonesia ratifies the FCTC.

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  • Indonesia's May Trade Surplus Narrows to $375.6 Million

    Today (15/06) Statistics Indonesia (BPS) announced that Indonesia's May trade balance showed a surplus of USD $375.6 million, below analyst estimates (at USD $680 million) and below the (revised) USD $660 million trade surplus recorded in the preceding month. Although having a trade surplus is good, there remain concerns about Indonesia's falling exports and imports as these declines are signs of weakening domestic and global economic activity.

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  • Asia Top 100 University List: University of Indonesia (UI) on 67th

    In the latest Asia Top 100 University List - which is based on the Quacquarelli Symonds (QS) University Ranking 2016 - the University of Indonesia (UI) rose 12 spots to settle at 67th place. The top three universities remained unchanged with the National University of Singapore at the top of the list, followed by the University of Hong Kong and Nanyang Technological University. With Hong Kong taking up four spots inside the top 10, while China, Singapore and South Korea take two spots, each, to complete the top 10 it is clear which countries dominate Asia in terms of best university education centers.

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