Some Bolivians are turning to crypto exchanges like Binance, cryptocurrencies like Bitcoin, and stablecoins like Tether as a hedge against the depreciation of the boliviano.

Environmental groups raised concerns Thursday over a $6 billion Indonesian EV battery megaproject backed by Chinese giant CATL, which is set to open on a once-pristine island, as Jakarta exploits its huge supply of nickel.

The program will begin with 20.4 hectares of shrimp ponds in the regencies of Bekasi, Karawang, Subang and Indramayu in West Java, with a bulk of the funding coming from the state-run asset fund.

Public Housing and Settlements Minister Maruarar “Ara” Sirait stated that funding is now expected to come from the state asset fund Danantara, which plans to allocate Rp 130 trillion (US$8 billion) for the housing sector.

Experts have criticized the move as a regulatory shortcut that risks legal inconsistencies, undermines the democratic principles of cooperatives and exposes them to poor governance and potential financial pitfalls.

The initiative will be conducted in phases, with the first focusing on the maintenance and operational readiness of the fleets of both the full-service carrier and its low-cost subsidiary, Citilink.

Caught in a trade war with the US and European Union that threatens to derail a fragile export-led recovery, Chinese has emphasized ties with Southeast Asia, which last year overtook the EU to become the $19 trillion economy's top export market.

Tesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes.

Speaking to The Jakarta Post on Tuesday, UNESCO's Ethics of AI Unit head Irakli Khodeli revealed that Indonesia is facing a digital talent issue, with a need for 9 million additional tech workers by 2030.

Indonesia's mineral downstream policy needs a clear shift in strategy to escape the low-value dominance trap so that instead of being a facilitator of foreign-led extraction, the country can be a curator of complete industrial ecosystems and emerge as a leader in the global supply chain.

The government says it is in talks with potential investors to ensure that the project is "market-ready."  

TotalEnergies is among the first global oil and gas companies to return to Indonesia amid growing investments in the sector, after securing a 24.5 percent stake in the Bobara Block off West Papua from Petronas.

Online retail giant Amazon will invest 40 billion pounds (US$54 billion) in the United Kingdom over the next three years, the government said Tuesday, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy.

With Rp 21.8 million in repair subsidies earmarked for each house, the country must pour Rp 43.6 trillion from the state budget to turn the plan into reality.

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

The housing ministry's internal tug-of-war over the "mini" homes plan could cause confusion among investors and eventually derail the President's flagship program, experts warn.

The company plans to allocate approximately 85 percent of the IPO proceeds toward operational expenditures of its subsidiary Crypto Futures Exchange (CFX). The remaining 15 percent will be channeled to its depository subsidiary PT Kustodian Koin Indonesia (ICC) for similar purposes.  

Indonesia is moving apace with its nuclear ambitions, drafting a new regulation on the domestic processing of uranium and thorium for nuclear energy.

Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the US attacked key Iranian nuclear sites and Tehran vowed to defend itself.

President Prabowo Subianto’s meeting with Russian President Vladimir Putin last week produced commitments to intensify trade, investment and industrial collaboration as part of the 75th anniversary of bilateral relations.  

A high-tech cat-and-mouse game is playing out with increasing frequency as record gold prices, now sitting above US$3,300 per ounce, draw more unofficial activity – intensifying sometimes deadly confrontations between corporate concessions and artisanal miners in West Africa

Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.

Before Danantara’s formation, any SOE seeking additional capital had to submit a PMN proposal for approval by the House and the Finance Ministry, a process that was anything but swift.

According to a report released by the Centre for Strategic and International Studies (CSIS) on Friday, Indonesia’s green industry policies remain focused on technical and supply-side measures like energy efficiency and emission cuts, while market demand, financing and investment support are still limited.

A US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

The US Department of Commerce is considering revoking authorizations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter.

The contract comes at a moment of tension between Washington and Beijing, with the two sides yet to hash out a long-term trade agreement following tariffs announced by President Donald Trump.