President Lee Jae Myung of the Republic of Korea and President Prabowo Subianto of Indonesia agreed Monday to deepen cooperation in trade, technology and the defence and arms industries, the ...

Indonesian and South Korean officials have signed a revised deal that significantly lowers Jakarta’s financial commitment to ...

“As of 2022, South Korea became the seventh largest investor in Indonesia, reaching $2.29 billion, a 40.06 percent jump from a year earlier. Indonesia is ready to coop ...

TEMPO.CO, Jakarta - Bank Indonesia (BI), Bank of Korea (BOK), and the Korean Finance Ministry have formalized a Local Currency Transaction (LCT) cooperation framework, aiming to promote the use of ...

Diplomatic ties between Korea and Indonesia were established in 1973 and the two countries have achieved major progress in their relationship over the last half century. To mark the 50th anniversary ...

South Korea will reduce Indonesia’s funding commitment on the joint KF-21/IF-X fighter programme, removing a long-running irritant between the two partners. Jakarta’s financial share will be ...

JAKARTA: Indonesia and South Korea have agreed to expand cooperation by linking QR (quick response) Code payments through the signing of a memorandum of understanding between Bank Indonesia (BI ...