eFishery layoffs driven by lack of domestic demand, analysts say

eFishery layoffs driven by lack of domestic demand, analysts say

Homegrown aquaculture unicorn eFishery has laid off an undisclosed portion of its workforce and announced a shift in focus.

<https://www.thejakartapost.com/business/2024/07/30/efishery-layoffs-driven-by-lack-of-domestic-demand-analysts-say.html>

Southeast Asia IPO fundraising down 60% in first half as Indonesia slumps

Southeast Asia IPO fundraising down 60% in first half as Indonesia slumps

Higher interest rates dampen listings in region with fewer big-ticket debuts.

<https://asia.nikkei.com/Business/Markets/IPO/Southeast-Asia-IPO-fundraising-down-60-in-first-half-as-Indonesia-slumps>

Golden visa only for ‘good quality travelers’, says Jokowi

Golden visa only for 'good quality travelers', says Jokowi

The long-term visa scheme, called the golden visa, is only meant for "good quality travelers", said President Joko "Jokowi" Widodo during the policy's launch on Thursday, as he warned against allowing newcomers who bring no benefits or might pose a threat to national security.

<https://www.thejakartapost.com/indonesia/2024/07/25/golden-visa-only-for-good-quality-travelers-says-jokowi.html>

Jokowi cites 'heavy rain' behind cancellation to move to IKN

Jokowi cites 'heavy rain' behind cancellation to move to IKN

President Joko "Jokowi" Widodo said the persistent rain in the Nusantara Capital City (IKN) in East Kalimantan had hindered his plan to work at the upcoming capital as early as this month.

<https://www.thejakartapost.com/indonesia/2024/07/18/jokowi-cites-heavy-rain-behind-cancellation-to-move-to-ikn.html>

Birth of ‘Zombie Village’ in Jakarta due to recurring floods

Birth of ‘Zombie Village’ in Jakarta due to recurring floods

Amid the hustle and bustle of the Cililitan Wholesale Center (PGC) in East Jakarta lies an abandoned settlement known as Kampung Zombie.

<https://www.thejakartapost.com/indonesia/2024/07/19/birth-of-zombie-village-in-jakarta-due-to-recurring-floods.html>

Jokowi appoints Prabowo's nephew as Indonesia vice finance minister

Jokowi appoints Prabowo's nephew as Indonesia vice finance minister

Incoming president's family likely to gain prominent roles in new administration

<https://asia.nikkei.com/Politics/Jokowi-appoints-Prabowo-s-nephew-as-Indonesia-vice-finance-minister>

Jakarta home rentals surge, buying falls in Q1 2024

Jakarta home rentals surge, buying falls in Q1 2024

More and more Jakartans were opting to rent houses in the first quarter of the year amid high home prices, interest rates and inflation, according to several leading property consultancies.

<https://www.thejakartapost.com/business/2024/07/16/jakarta-home-rentals-surge-buying-falls-in-q1-2024.html>

Moving forward together toward Golden Indonesia 2045

Moving forward together toward Golden Indonesia 2045

Japan promotes cooperation on not only infrastructure but also improvements in living standards, environmental measures, reduction in disparities and human resource development.

<https://www.thejakartapost.com/opinion/2024/07/15/moving-forward-together-toward-golden-indonesia-2045.html>

In Indonesia and India, labor-starved Japanese hotels scout talent

In Indonesia and India, labor-starved Japanese hotels scout talent

Job fairs also planned in Vietnam, Philippines, Sri Lanka, Nepal as tourism booms

<https://asia.nikkei.com/Spotlight/Japan-immigration/In-Indonesia-and-India-labor-starved-Japanese-hotels-scout-talent>

Too early to celebrate

Too early to celebrate

According to international institutions, Indonesia's per capita GDP(nominal) is expected to record $5,271 in 2024. This figure is the 114th highest among the surveyed nations~

<https://www.thejakartapost.com/opinion/2024/07/10/too-early-to-celebrate.html>

Indonesia's EV drive faces geopolitical headwinds

Indonesia's EV drive faces geopolitical headwinds

One thought I'd like to add is the tug-of-war confrontation of domestic political bigwigs in the midst of the leadership change in 10 years~

<https://asia.nikkei.com/Opinion/Indonesia-s-EV-drive-faces-geopolitical-headwinds>

Indonesia launches first EV battery plant

Indonesia launches first EV battery plant

According to Maeil Business Newspaper, Hyundai Motor Group Chairman, Chung Eui-sun stressed, "The completion of the Indonesian battery cell plant is the fruit of the cooperation between Hyundai Motor Group and Indonesia."

<https://www.thejakartapost.com/business/2024/07/03/indonesia-launches-first-ev-battery-plant.html>