Indonesia

Jakarta-based online marketplace for farmers AgriAku has secured $35 million in funding to help boost its product range.
DealStreetAsia

Indonesian farmer platform AgriAku raises $35m

Online marketplace offers fertilizer, seeds, other key agricultural goods

11 July 2022
U.S. Secretary of State Antony Blinken meets Chinese Foreign Minister Wang Yi on the sidelines of the G-20 ministerial meeting in Bali on July 9. 
International relations

U.S., China foreign ministers meet for first time since October

Blinken talks with Wang amid tensions on human rights, Taiwan issue

9 July 2022
Indonesia's Foreign Minister Retno Marsudi delivers her opening speech during the G-20 Foreign Ministers' Meeting in Bali.
International relations

G-20 ministers debate food, energy prices as global divide worsens

Russia's invasion of Ukraine casts pall over international cooperation

8 July 2022
Cambodia, which started vaccinating children aged 3 to 5 in February, leads Nikkei's COVID recovery index.
COVID-19 Recovery Index

Cambodia, Vietnam top COVID recovery index as Asia fears new waves

Cases on the rise again in Japan and Indonesia due to new subvariants

8 July 2022
A Rekosistem kiosk at a Jakarta metro station collects a variety of waste for recycling. (Photo by Koya Jibiki)
Startups

Indonesian startups use recycling apps to spin garbage into gold

Businesses flock to growing opportunities from government push to curb waste

8 July 2022
As more Asians turned to the internet to conduct their daily lives during the pandemic, it was up to data centers to make sure everything ran smoothly.
Property

From Singapore to Japan, data centers come under investor scrutiny

JLL consultancy says much of industry is in the dark about how to cut emissions

8 July 2022
Foreign ministers of the Group of 20 major economies will discuss global issues face-to-face in Bali, meeting for the first time since Russia's invasion of Ukraine. (Nikkei montage/Reuters)
International relations

G-20 foreign ministers gather in Bali amid Ukraine war, inflation

U.S.-China, other meetings on sidelines; Russia's Lavrov expected to attend

7 July 2022
Stream article image
Feeding Asia

India's poorest scald as cooking oil prices soar

War in Ukraine, limits on palm oil from Indonesia and Malaysia, add fuel to fire

7 July 2022
Passenger vehicles will be used at Ngurah Rai International Airport and in the Nusa Dua area, where G-20 meetings are scheduled. (Photo courtesy of PT Toyota-Astra Motor）
Automobiles

Japan automakers to showcase EVs at Indonesian G-20 meetings

Toyota and Nissan aim to catch up with South Korean and Chinese rivals

7 July 2022
Garuda Indonesia is lookijng for partners as it seeks to rebuild after skirting bankruptcy.
Transportation

Garuda Indonesia pitches strategic tie-ups with Emirates, Etihad

State airline eyes new start with $499m government support after near bankruptcy

6 July 2022
Joko Widodo and Volodymyr Zelenskyy shake hands in Kyiv on June 29: Reinforcing and protecting strategic stability requires leadership and commitment. (Handout photo from Ukrainian Presidential Press Service)
Opinion

Indonesia's Jokowi blazes a trail for Asian peacemaking

Bold approach should inspire region's leaders to weigh in on global security debate

6 July 2022
A woman shops at a supermarket in Singapore. Food prices have surged in Southeast Asia. (Photo by Takashi Nakano)
Inflation

Singapore, Malaysia, Indonesia unleash cash to ease inflation bite

Governments attempt to balance political pressures with fiscal discipline

6 July 2022
Indonesian President Joko Widodo visited Kyiv and Moscow amid pressure from the public for relief from inflation and farmers for access to Russian fertilizer, as well as the threat of a boycott of the G-20 summit in November. (Nikkei montage/Reuters/Getty Images) 
Ukraine war

Indomie diplomacy: How inflation drove Jokowi to Kyiv and Moscow

From noodles to palm oil, high prices raise stakes of diplomacy for G-20 chair

5 July 2022
A breast cancer patient smokes a joint in Bangkok after marijuana was decriminalized last month. Across Asia, cannabis policies remain broadly restrictive, with some inconsistencies and loopholes.
Asia Insight

Smoke signals: Thailand blazes trail for cannabis in wary Asia

Recreational use still far-off prospect as taboos persist from ASEAN to Japan

5 July 2022
China's Silk Road Investment fund is placing a bet of $3 billion on opportunities in Indonesia.
Finance

China's Silk Road Fund to invest $3bn in Indonesia's INA

Deal targets all business sectors and reflects 'commitment' to bilateral ties

4 July 2022
The economies of ASEAN's five biggest members will grow 5.0% in 2022, according to the latest survey by JCER and Nikkei in June, thanks to the reopening of borders.
Economy

ASEAN economy to slow down in 2nd half of 2022: JCER/Nikkei survey

Economists see inflation, U.S. rate hikes weighing on region despite COVID easing

4 July 2022
In Thailand, issuances from companies such as food producer Thai Union and Skytrain operator BTS have surged from 2018 to 2021.
Bonds

ASEAN governments rush to issue green bonds

From Thailand to Singapore, sustainable financing up in the face of climate change

4 July 2022
Mahathir Mohamad was Malaysia's prime minister during the 1997 Asian financial crisis, when he took the controversial decision to defy IMF advice on how to manage the situation. (Source photo by Tetsuya Kitayama) 
Market Spotlight

Mahathir: Deeper currency markets have cut risk of Asian financial crisis repeat

But former Malaysian PM says Sri Lanka is a lesson to region's governments

4 July 2022
The Thai baht's plunge on July 2, 1997, touched off the Asian financial crisis. Twenty-five years later, the region's resilience is being put to the test.
Economy

COVID, inflation stress-test Asia 25 years after financial crisis

Risks simmer in smaller economies as debt burden swells

2 July 2022
 GoTo executives appear at the company's inaugural annual shareholders' meeting on June 28 after listing in April. (Photo courtesy of GoTo Group)
Technology

GoTo seeks path to profit as a key player takes a step back

Move comes as founding CEOs at regional rivals Sea, Grab tighten grip

1 July 2022
Higher food costs and a surge in global oil prices have fueled Indonesia's inflation.
Economy

Indonesia inflation rate climbs to 5-year high of 4.35% in June

Increase exceeds target of 2% to 4% as oil prices and Ukraine war wreak havoc

1 July 2022
Indonesian ride-hailing service Gojek's venture arm Go-Ventures is on track to close its $200 million second fund by the third quarter. (Photo by Ken Kobayashi)
DealStreetAsia

Indonesia's Go-Ventures aims at closing second $200m fund in Q3

Gojek's venture arm hopes to lure sovereign wealth funds, tech companies

1 July 2022
Russian President Vladimir Putin shakes hands with Indonesian President Joko Widodo during a joint news conference following their meeting in Moscow.
Ukraine war

Jokowi says Putin agrees to sea route for Ukraine wheat exports

Indonesian president to 'bridge communications' between Kremlin and Zelenskyy

1 July 2022
By setting up Saison International in Singapore, the Japanese credit card issuer intends to speed up decision-making as it expands its overseas operations. (Photo by Yasuaki Sako)
Finance

Singapore base to lead Credit Saison drive to triple overseas profit

Credit card issuer grants a degree of autonomy to its six Asian subsidiaries

30 June 2022
Ukrainian President Volodymyr Zelenskyy meets Indonesian President Joko Widodo at the Mariinskyi Palace in Kyiv for their bilateral meeting on June 29. (Photo courtesy of Indonesian Presidential Palace)
Ukraine war

Indonesia's Jokowi offers to broker peace in meeting with Zelenskyy

G-20 president is Asia's first leader to visit Kyiv and Moscow since war began

30 June 2022