Stories from Indonesia

Prices for various plastic household goods in Serang have spiked by 90% over several weeks. This surge is reportedly putting pressure on merchant sales due to weakening consumer purchasing power. The price increase affects a wide range of plastic-based domestic supplies.

The government of Bekasi has launched rescuers in Indonesia with assistance from the President. Indonesia's National Transportation Safety Committee is currently investigating the cause of the collision. The incident follows a tanker collision that resulted in ten deaths. Reporter Chandi Vatvani reported from the scene in Bekasi. A passenger train collided with a stationary bath train at a station in Bekasi, West Java. The accident resulted in 14 deaths and 84 injuries. Search and rescue operations are underway at the wreckage, though efforts are being complicated by narrow spaces and damage to the train wagons. Indonesian authorities stated the accident began when a taxi hit a level crossing, causing a train to stop on the tracks before being struck by a long-distance train. One survivor was taken to a nearby hospital.

The financial services sector in Indonesia grew by 7.92%, marking its highest growth rate since 2021.

The sanctions are reportedly due to the terminal's links to the shadow fleet and efforts to bypass oil price caps. The terminal is located in Indonesia. A conflict of interest has arisen with the company Firepoint, where Mindić is a shareholder. The situation raises questions about how to proceed with Firepoint given these sanctions.

Indonesian internet firm GoTo expects to deliver up to $197 million in profit for the current year. The company is best known for ride-hailing and e-commerce services. Net income for the January to March quarter reached approximately $15 million.

A magnitude 3.6 earthquake occurred 27 km southeast of Lumajang, Indonesia. The seismic event was recorded at 17:35 UTC. No immediate damage or casualties were reported in the initial alert.

Indonesia's financial services sector grew by 7.92 percent, marking its highest growth rate since 2021. The OJK reported that the financial services sector continues to strengthen the national economy.

Indonesia is working to accelerate the implementation of a Free Trade Agreement with the Eurasian Economic Union.

Indonesia and Thailand have agreed to renew their bilateral partnership focused on the creative economy sector.

Fifteen people are reported dead following an incident in Jakarta. Local hospitals are managing the casualties, with victims being distributed across five or six different hospitals in the area. The city of Jakarta has a population of approximately 40 million people. Reports indicate a long-distance train attempted to apply brakes to avoid the collision but failed due to limited time and technology. Investigators have not yet released a formal cause. Public criticism has increased regarding the safety of the railway system used in the recent Jakarta accident. Residents are calling for safer infrastructure, according to reports from a Jakarta correspondent. Public sentiment indicates a demand for increased safety measures within the network. The criticism follows an accident that has prompted calls for systemic improvements.