Parts of Indonesian capital and its suburbs were flooded after two tropical cyclones off the nation’s coast triggered heavy rainfall overnight, inundating houses in low-lying areas and causing a power outage. More than 80 spots of flooding were reported in …
Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on the brink of collapse after alleged fund mismanagement left a $2 billion hole in its books. PT Asuransi Jiwasraya has …
With Indonesia’s oldest life insurer tottering on the brink of collapse following years of alleged mismanagement, authorities plan to tighten surveillance of the industry by overhauling regulations and setting up a rescue agency. The government plans to draft an omnibus …
At least 42 people have died from the New Year’s Day flooding in Indonesia, and hundreds of thousands were evacuated, as the greater Jakarta area suffered the most intense rain in 24 years. More than 400,000 people, mostly from Bekasi, …
Indonesia found the cockpit voice recorder from the Lion Air plane that crashed in October, giving investigators a real chance at solving the mystery of what brought down a modern jet. The CVR of the Boeing Co. 737 Max aircraft …
