A couple of companies are already engaged in making business plans and finance schemes with their Indonesian counterparts, Japan's economic affairs minister has said.

The IDX Composite began the week positively on Monday, ending at 7,099.26, up 10.47 points or 0.15 percent from the previous trading session.

The government has accused foreign interests of sabotaging Indonesia’s semiconductor industry development, with a minister claiming that actors in neighboring countries were using environmental arguments to slow investment in the archipelago.

PT GoTo Gojek Tokopedia, Indonesia’s largest digital ecosystem has paved the way toward sustainable growth through rigid focus on affordable product innovation in its on-demand-service (ODS) arms. This move is part of the group’s strategy to widen its user base.

Citing strong customer demand, it said group profits for the past two years hit $8.1 billion, surpassing the losses seen during pandemic-hit 2020-2022.

Tin gained significant attention after the Attorney General’s Office (AGO) opened in March a graft case on state-owned tin miner PT Timah, which holds the largest tin mining concessions in the country.

The case is being seen as an important test of social media platforms' legal responsibilities and of the use of geoblocking.

Asian shares crept to 15-month highs on Monday in a week where inflation figures could make or break hopes for earlier US rate cuts, while Chinese activity data will test optimism about a sustained recovery in the world's No. 2 economy.

As the number of health claims rise, industry analysts are urging insurers and hospitals to review their risk-sharing schemes to avoid transferring the burden from the former to the latter, among other measures.

South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a "war" in the semiconductor industry.

The wild success of OpenAI's ChatGPT has sparked an AI gold rush, with demand surging around the world for the cutting-edge chips needed to train and run AI services.

China's consumer prices rose for a third straight month in April, while producer prices extended declines, signalling an improvement in domestic demand, as Beijing navigates challenges in its bid to shore up a shaky economy.

Semiconductor Manufacturing International Corporation (SMIC), China's leading chipmaker, was targeted by US sanctions in 2020 over concerns about its military ties.

Hundreds of workers who lost their livelihoods when well-known shoe brand Bata closed its only factory in the country face an uncertain future but want to make the most of the compensation they expect to receive to build a future for themselves.  

The government has vowed to compenate affected people fairly as unresolved issues related to land clearing, including relocating local inhabitants, continue to bog down progress in the IKN project as the clock ticks down to several milestones before Independence Day.

Increased household consumption, particularly over the peak Idul Fitri holiday season, is likely to contribute in pushing quarter-two growth above 5 percent, but analysts urge caution with regard to the central bank's optimistic projection.

The Trade Ministry has temporarily confiscated a Rp 50.9 billion (US$3.17 million) tanker imported from China over an allegedly missing import permit.

Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing US labor market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data.

Experts point to a decline in interest in farming but say many young people have few other options.

Starlink's network of low Earth orbit satellites can provide internet to remote locations or areas that have had normal communications infrastructure disabled.

The share of renewables in global electricity generation rose to a record of 30 percent last year from 19 percent in 2000. Indonesia, meanwhile, only had a 20 percent share in 2023. 

Indonesia’s Chandra Asri is in expansion mode after announcing plans to construct a caustic soda plant and an ethylene dichloride plant.

The ministry has previously considered putting debt-laden Waskita Karya under Hutama Karya, which it deems to be in much better financial condition.

The partnership is expected to explore new mineral deposits, including a potential one in Bledug Kluwu in Central Java.

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

Reiterating GoTo’s dedication to upholding proper environmental, social and governance initiatives (ESG) in its management, GoTo recently published its fourth sustainability report titled ‘Reshaping The Future’.

The relocation of the national capital to Nusantara presents a significant opportunity for Jakarta to become a more modern, comfortable and healthy city for its residents.