Indonesia · Country watch
Jakarta Protests, IHSG Falls, E-Cigarette Tech Shift
Jakarta sees large-scale protests affecting traffic; IHSG drops amid global inflation concerns; e-cigarette industry pushes for tech independence.
In this briefing Jakarta · Monas · PT Delta Sukses Teknologi · Jakarta Composite Index · Bursa Efek Indonesia
Internal tension
Jakarta protests see heavy police presence
_(cropped).jpg){kind=link}
Jakarta witnessed large-scale demonstrations with 4,020 security personnel deployed to manage the protests in key areas like Monas and Silang Selatan, according to Liputan 6. The protests, involving labor unions, focused on various demands including wage increases and labor rights. The heavy police presence aimed to ensure the protests remained peaceful and to manage traffic disruptions in the city.
Impact Employers in Jakarta face operational disruptions due to traffic and security measures during the protests.
Sources: Liputan 6 ↗
Companies
PT Delta Sukses Teknologi pushes e-cigarette tech shift
PT Delta Sukses Teknologi is advancing efforts to transfer technology for e-cigarette production, aiming to reduce reliance on imported raw materials, according to ANTARA News. The company seeks to enhance local manufacturing capabilities and foster technological independence in the e-cigarette industry.
Impact E-cigarette manufacturers in Indonesia may benefit from reduced costs and increased local production capabilities.
Sources: ANTARA News ↗
Markets
IHSG falls to 6,298 amid global inflation worries
Part of: IHSG volatility amid economic concerns and market reactions →
The Jakarta Composite Index (IHSG) dropped to 6,298 on Thursday, following a decline in Asian markets driven by global inflation concerns, reports ANTARA News. The fall in the index reflects investor apprehension about rising inflation rates worldwide, which could impact economic growth and corporate earnings.
Impact Investors in Indonesian equities see portfolio values decrease as global inflation concerns weigh on market sentiment.
Sources: ANTARA News ↗
Nothing significant reported today in Regulation · Disruption · Safety & health · Trade · Politics.
Also today in the local press
- Indonesia serukan perlindungan personel kemanusiaan di zona konflik — ANTARA News
- Jelang COP31, RI Bawa Agenda Pembiayaan Iklim dan Ekonomi Hijau — okezone.com
- Kemenkeu minta NTB perluas pasar global kemiri — ANTARA News
- Rupiah melemah seiring data PMI AS tumbuh kuat — ANTARA News
- RUU Ketenagakerjaan respons perubahan ekosistem kerja digital — ANTARA News
- Menlu teken perjanjian bebas visa diplomatik dan dinas dengan 3 negara — ANTARA News
- Kemenkes: 2,4 juta lansia kena ISPA, vaksinasi influenza perlu gencar — ANTARA News
- Ketika flu menguji ketahanan kota — ANTARA News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.