Singapore

Indonesia Records US$3.83 Billion Trade Deficit with Singapore in January–May 2026

JAKARTA, Jakartaweekly.com — Indonesia’s reliance on gasoline imports from Singapore continues to weigh on the two countries’ bilateral trade balance. Data from Statistics Indonesia (BPS) show that gasoline imports worth US$3.52 billion accounted for about 92% of Indonesia’s US$3.83 billion trade deficit with Singapore during the January–May 2026 period. According to Statistics Indonesia, Indonesia’s exports […]

Jakarta Seeks Singapore Investment for MRT Expansion and TOD Projects

Jakarta Governor Pramono Anung met Singapore Prime Minister Lawrence Wong to discuss investment opportunities in Transit-Oriented Development (TOD) projects and MRT Jakarta's Phase 3 and Phase 4 expansions, as part of efforts to strengthen economic cooperation and sustainable urban development.

Yielding to Yuan: Why Singapore’s UOB Just Shattered Records in China’s Stable Bond Market

JAKARTA, Indonesia (JakartaWeekly.com) – While global dollar-denominated bond markets remain largely shuttered by geopolitical tremors, United Overseas Bank (UOB) has successfully navigated the calm waters of China’s domestic debt market, pricing a massive RMB 5 billion (US$690 million) “Panda bond.” The three-year offering did more than just raise capital; it secured one of the lowest […]