Beaten-down Indonesian stocks feel the love as AI rally cools

Beaten-down Indonesian stocks feel the love as AI rally cools

The reprieve ​comes at a fragile moment for Southeast Asia's biggest economy as the still-looming threat of a downgrade from index provider MSCI has made Jakarta stocks, ‌Asia's worst-performing major stock market this year, down 28 percent.

<Beaten-down Indonesian stocks feel the love as AI rally cools - Markets - The Jakarta Post>

Indonesia opts against visa fee hike to spur tourism

Indonesia opts against visa fee hike to spur tourism

The decision comes as several major tourist destinations have raised visa fees this year, including Japan, which introduced its first visa fee increase in nearly 50 years.

<Indonesia opts against visa fee hike to spur tourism - Regulations - The Jakarta Post>

Why EV makers choose Vietnam, not nickel-rich Indonesia

Why EV makers choose Vietnam, not nickel-rich Indonesia

Indonesia's vast nickel wealth won't save its green industrial ambitions if volatile regulations and a severe high-tech skills deficit keep driving global EV giants straight into the arms of Vietnam.

<Why EV makers choose Vietnam, not nickel-rich Indonesia - Academia - The Jakarta Post>

Indonesia's Indika Energy bets on gold as coal volatility increases

Indonesia's Indika Energy bets on gold as coal volatility increases

Miner navigates rising policy uncertainty, geopolitics and decarbonization push

<Indonesia's Indika Energy bets on gold as coal volatility increases - Nikkei Asia>

Jakarta library reopens to packed rooms, long queues

Jakarta library reopens to packed rooms, long queues

The line outside the Nyi Ageng Serang Public Library showed little sign of shrinking on Friday afternoon. Just two days after reopening on July 8, the South Jakarta library had already reached capacity, leaving dozens of visitors waiting patiently for their turn to enter.

<Jakarta library reopens to packed rooms, long queues - Jakarta - The Jakarta Post>

Jakarta’s planned 'love lock' bridge sparks debate over infrastructure priorities

Jakarta's planned 'love lock' bridge sparks debate over infrastructure priorities

The governor's idea to build a "love lock" bridge linking Jl. Rasuna Said and Jl. Kuningan Persada has gotten the side-eye from residents and experts over its apparent mismatch between location and purpose as well as more urgent infrastructure needs that could help urban mobility.

<Jakarta’s planned 'love lock' bridge sparks debate over infrastructure priorities - Jakarta - The Jakarta Post>

Indonesia, India boost ties with missiles, critical minerals

Indonesia, India boost ties with missiles, critical minerals

Among agreements announced by President Prabowo Subianto and Indian Prime Minister Narendra Modi after their bilateral talks in Jakarta are contracts for BrahMos missiles, as well as air-to-air missiles with Bharat Dynamics Ltd.

<Indonesia, India boost ties with missiles, critical minerals - Asia & Pacific - The Jakarta Post>

Drought tightens grip across Indonesia

Drought tightens grip across Indonesia

More regions across Indonesia are facing worsening water shortages as the El Niño-driven dry season intensifies, with authorities warning that prolonged below-normal rainfall could deepen the crisis in the coming months.

<Drought tightens grip across Indonesia - Society - The Jakarta Post>

Factories struggling amid muted demand, surging costs

Factories struggling amid muted demand, surging costs

Indonesia's manufacturing sector suffered its sharpest contraction in a year, with the PMI plunging to 46.9 in June as new orders dried up and factory-gate prices rose at the fastest pace in nearly 13 years, intensifying calls for government help.

<Factories struggling amid muted demand, surging costs - Economy - The Jakarta Post>

Split court hands Nadiem 10 years in prison

Split court hands Nadiem 10 years in prison

The Jakarta Corruption Court on Tuesday sentenced former education minister Nadiem Makarim to 10 years in prison and Rp 809 billion (US$45.4 million) in restitution for causing state losses in the procurement of Chromebook laptops during his time in office, an amount Nadiem said he could not afford.

<Split court hands Nadiem 10 years in prison - Politics - The Jakarta Post>