IDX falls as MSCI review drops major Indonesian stocks

IDX falls as MSCI review drops major Indonesian stocks

The benchmark index dropped 1.3 percent to 6,763.94 when the market opened on Wednesday. It has declined by more than 20 percent since the beginning of the year. 

<IDX falls as MSCI review drops major Indonesian stocks - Markets - The Jakarta Post>

Prabowo backs ASEAN to fast-track renewable energy, Borneo power grid

Prabowo backs ASEAN to fast-track renewable energy, Borneo power grid

President Prabowo Subianto has called on ASEAN member states to accelerate the development of renewable energy and make progress on the long-proposed Trans-Borneo Power Grid, warning that energy security is an “urgent” necessity amid instability in the Middle East.

<Prabowo backs ASEAN to fast-track renewable energy, Borneo power grid - Economy - The Jakarta Post>

ASEAN convenes under shadow of global oil shock

ASEAN convenes under shadow of global oil shock

Top officials from across Southeast Asia packed a hectic schedule of back-to-back meetings in Cebu, the Philippines, on Thursday, laying the groundwork for the leaders' summit while zeroing in on a unified ASEAN response to the Middle East crisis, as fears of a deepening energy crunch hang over the 11-nation bloc.

<ASEAN convenes under shadow of global oil shock - Asia & Pacific - The Jakarta Post>

Growth without gain: Why Indonesians don't feel the economy

Growth without gain: Why Indonesians don't feel the economy

While Indonesia's headline GDP suggests an economic triumph, a deeper look at GNP reveals a hollow growth, where wealth flows outward rather than into households. The country’s impressive statistics are failing to move the needle for the middle class and the informal workers who anchor the economy.

<Growth without gain: Why Indonesians don't feel the economy - Academia - The Jakarta Post>

Indonesia's GoTo says it may pass higher fuel prices to Gojek users

Indonesia's GoTo says it may pass higher fuel prices to Gojek users

Superapp company posts 1st quarterly net profit as fintech business grows

<Indonesia's GoTo says it may pass higher fuel prices to Gojek users - Nikkei Asia>