Section: Indonesia
Russia: 2 suspects detained in murder of Boris Nemtsov
Two suspects have been detained in the killing a week ago of opposition politician Boris Nemtsov, the head of Russia’s federal security service said Saturday, an announcement received with both skepticism and reserved satisfaction by some of Nemtsov’s comrades.Alexander Bortnikov, in comments shown on state television, said the two...
Kalbe Farma business remains on track despite weak rupiah
The country’s largest pharmaceutical company Kalbe Farma (KLBF) is on track to achieve the company’s business targets this year despite the decline in the rupiah against the US dollar, which has caused a sharp increase in operating costs.Kalbe Farma finance director and corporate secretary Vidjongtius said in Jakarta on Friday that...
Further rupiah slip could be ‘dangerous’
Bank Indonesia has been warned by analysts and business stakeholders over its “dangerous” strategy of tolerating a weaker currency after the rupiah weakened to below the psychological barrier of 13,000 to the US dollar.The rupiah depreciated 0.4 percent on Thursday to trade at 13,022 against the greenback, according to the Jakarta Interbank Spot...
External factors put pressure on rupiah
Having held out from breaching the Rp 13,000 per US dollar level for days, the domestic currency finally breached the psychological threshold as economic concerns on China and the Ukraine affected investors’ appetite for emerging-market assets.The rupiah on Thursday weakened 0.4 percent to trade at 13,022 per dollar, according to the...
EU condemns Russia over Nemtsov funeral bans
EU-Russian relations took a further dip on Tuesday when the European Union strongly condemned Moscow for banning Polish and Latvian officials from entering the country to attend the funeral of slain Kremlin critic Boris Nemtsov. European Parliament President Martin Schulz called the bans a “high affront” and said he will intervene...
Mourners view body of slain opposition leader Boris Nemtsov
Thousands of mourners and dignitaries filed past the white-lined coffin of slain Kremlin critic Boris Nemtsov Tuesday, paying last respects to one of the most prominent figures of Russia’s beleaguered opposition. Nemtsov was shot to death late Friday while walking on a bridge near the Kremlin with a companion. No suspects have been...
Tourism thrives in Malaysia despite association with tragedy
Two airplane catastrophes put Malaysia on the map in a bad way in 2014. But they didn’t hurt the country’s tourism, and the higher visibility may even have helped: visitor numbers had their strongest growth in years.For the past decade, Malaysia has run an elaborate campaign to market itself abroad as an ideal Asian destination,...
Kerry defends Israel before UN rights panel
U.S. Secretary of State John Kerry on Monday delivered a vigorous defense of Israel before the U.N. Human Rights Council, urging its members to end what the United States says is its unfair and biased focus on the Jewish State that could undermine its credibility. His remarks came as the Obama administration attempts to blunt complaints that it...
UN rights office: Death toll in eastern Ukraine passes 6,000
More than 6,000 people have died in eastern Ukraine since the start of the conflict almost a year ago that has led to a “merciless devastation of civilian lives and infrastructure,” the U.N. human rights office said Monday.Hundreds of civilians and military personnel have been killed in recent weeks alone after an upswing in fighting...
Kerry, Russian FM meet in Geneva as Ukraine tensions simmer
U.S. Secretary of State John Kerry is meeting his Russian counterpart for likely highly contentious talks amid continuing tensions over Ukraine and American calls for a full probe into the murder of a prominent opposition figure in Moscow.Neither Kerry nor Russia’s Foreign Minister Sergey Lavrov smiled or spoke substantively as they shook...
