Indonesia

A guard stands in a watchtower of Kashgar prison in Kashgar, Xinjiang Uyghur Autonomous Region, China on May 3, 2021.
International relations

U.N. rights council rejects debate on China's treatment of Uyghurs

Motion to discuss Xinjiang suffers rare defeat as Indonesia and Pakistan oppose it

6 October 2022
Supporters enter the field during the riot on Oct. 2.
Society

Stadium disaster threatens Indonesia's global soccer ambitions

Lessons can be learned from Hillsborough, Ghana tragedies

6 October 2022
Indonesian President Joko "Jokowi" Widodo waves after delivering his State of the Nation address ahead of the country's Independence Day in Jakarta on Aug. 16.
Politics

Jokowi becomes focal point for Indonesia's presidential election

Supporters urge him to run for vice president as party struggles to pick candidate

4 October 2022
A total of 12 sets of eight-car trains, approximately 200 meters in length each, will be delivered in the future. 
Transportation

Indonesia presents China-made high-speed train cars

Railway to connect Jakarta with Bandung; operations to start in June 2023

3 October 2022
Arema FC players and officials scatter petals to pay condolences to the victims of the riot and stampede outside Kanjuruhan stadium in Malang, Indonesia, on Oct. 3.
Politics

Indonesia police under fire over tear gas use in soccer stampede

Government forms independent team to probe incident in which 125 died

3 October 2022
A worker at a state-owned Pertamina gas station in Bekasi, on the outskirts of Jakarta, updates the price display on Sept. 3 following the announcement of a fuel price hike.
Inflation

Indonesia inflation rate hit 7-year high of 5.95% in September

Increase exceeded central bank's target of 2% to 4% as oil prices surge

3 October 2022
Ardelia Apti, CEO Mapan, is offering reasonably priced household items that improve quality of life in a bid to grow the fintech's customer base. (Photo by Nana Shibata) 
Startups

Indonesia fintech Mapan targets 10m households in dash for growth

Company has digitized traditional community savings model

2 October 2022
Boxes of Walvax Biotechnology's mRNA vaccine for COVID-19 are displayed at a trade fair in Shanghai in April 2021, during the long development and trial process.
Coronavirus

Indonesia authorizes emergency use of China's mRNA vaccine

Country also adopts homegrown jab as it looks to build local production

30 September 2022
Traveloka is known as the Southeast Asian Expedia, which is one of its backers. (Photo by Rie Ishii) 
Technology

Indonesia's Traveloka wins $300m investment led by BlackRock

National wealth fund joins latest fundraising amid post-COVID travel boom

29 September 2022
Singapore-based Affirma Capital says it oversees more than $3.5 billion in assets, investing in buyout and growth opportunities across emerging markets in Asia, Africa and the Middle East. (Source images by Akira Kodaka and from Affirma Capital website)
DealStreetAsia

Singapore's Affirma targets first Southeast Asia-focused fund

Sources say investment vehicle would also cover India

28 September 2022
Indonesia's stock market has seen several listings by hospital chains in the last few years. Primaya Hospital looks set to join them. (Source photo from Primaya hospital website)
DealStreetAsia

Indonesian hospital chain Primaya targets IPO this year

Company has 15 facilities across the Southeast Asian nation

26 September 2022
Foxconn’s initial investment in this newly-formed electric vehicle joint venture will be $1.75 million and it will take 40% of the shares. (Photo courtesy of Indika Energy)
Technology

Foxconn forms Indonesian JV for EV and battery manufacturing

Taiwanese group partners with coal miner Indika Energy in diversification push

23 September 2022
Bukalapak President Teddy Oetomo is optimistic that the Indonesian e-commerce company is well placed to compete in digital banking. (Photo by Nana Shibata) 
Startups

Indonesia's Bukalapak sees small shops powering digital banking

E-commerce unicorn, Standard Chartered start service for 'underbanked'

23 September 2022
POSCO will adopt hydrogen technology to overseas, including Indonesia. (Photo is POSCO's blast furnace mill in Indonesia, courtesy of POSCO)
Materials

POSCO to invest $14bn in low-emissions steel production

Electric furnaces and hydrogen technology aim to cut carbon output 10% by 2030

23 September 2022
HappyFresh has staff layoffs, a financial review and other efforts to streamline operations amid mounting debt. (Screenshot from HappyFresh Facebook page)
DealStreetAsia

HappyFresh resumes Indonesia grocery deliveries after new funding

Embattled startup to halt operations in Thailand and Malaysia

22 September 2022
The central banks of Indonesia and the Philippines have both been tightening to rein in inflation. (Source photos by Reuters) 
Economy

Philippines, Indonesia lift interest rates again to curb inflation

Taiwan and others also hike as Asian central banks follow U.S. tightening

22 September 2022
Chainalysis said Thailand and Vietnam saw high web traffic to marketplaces for non-fungible tokens.
Cryptocurrencies

Thailand and Vietnam emerge as ASEAN crypto trading hot spots

Each country logs over $100bn transactions in a year, topping Singapore

21 September 2022
Vegetable vendors at a roadside market in Jakarta on Sept. 12. Indonesia is one emerging Asian economy that is forecast to grow faster than expected this year.
Economy

Emerging Asia growing faster than China for 1st time in 30 years

Indonesia, Philippines are bright spots but India, Pakistan faltering, says ADB

21 September 2022
The Columbia Pictures Aquaverse set to open in Thailand will have attractions featuring content from film franchises such as "Hotel Transylvania." (Photo courtesy of Columbia Pictures Aquaverse)
Travel & Leisure

Sony's Aquaverse set for Thai debut as Paramount eyes Bali theme park

Southeast Asia's growing population and incomes draw overseas players

21 September 2022
The administration of President Joko Widodo, pictured, is accelerating Indonesia's transition to electric vehicles, including e-motobikes, to achieve its goal of net zero carbon emissions by 2060. (Photo courtesy of Electrum)
Technology

Gojek-backed JV plans to deliver 2m e-motorbikes in Indonesia

Electrum president says pricier fuel is helping drive shift to electric vehicles

20 September 2022
Carro offers subscription-based car leases in Singapore and other Southeast Asian markets. (Photo courtesy of Carro)
SoftBank

SoftBank rolls out used-car subscriptions with Singapore's Carro

Joint venture brings Vision Fund-backed startup's AI-driven pricing to Japan

20 September 2022
Indonesian President Joko "Jokowi" Widodo decided to slash fuel subsidies starting Sept. 3, causing price hikes that sparked massive protests. (Source photos by AP and Reuters) 
Inflation

Jokowi's hard choice: 'Extreme' subsidies or 'political suicide'

Fuel bill may hit 25% in 2022 budget, forcing Indonesia to cut for fiscal health

18 September 2022
Indonesia's International Islamic University opened in 2021 in Depok, West Java. Around 100 students are studying on the campus. (Photo by Koya Jibiki)
Politics

Indonesia works to weaken radical Islam through education

New university aims to produce moderate Muslims, become international hub

18 September 2022
Indonesian President Joko "Jokowi" Widodo delivers his State of the Nation address ahead of Independence Day in Jakarta on Aug. 16.
Comment

Can Jokowi make capital relocation his legacy?

Fate of historic project hangs on results of 2024 presidential election

17 September 2022
Unloading coal from a barge into a truck at the Karya Citra Nusantara port in North Jakarta, Indonesia. Miners in the Southeast Asian nation are eager to sell more coal to Europe but are being held back by their domestic obligations.
Energy

Indonesian coal miners pump up production, eye European winter

Germany could be 'second- or third-largest importer by next year': association

15 September 2022