Here is the lowdown on the four points that energy transition advocates find problematic in the latest version of Indonesia's new and renewable energy (NRE) bill.

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening by global central banks.

Singapore-based Zipmex resumed withdrawals last week, a day after suspending them on July 20, and said it was working to address its exposure of $53 million to crypto lenders Babel Finance and Celsius.

A Singapore-based property technology (proptech) start-up, 99 Group, has secured US$52 million of Series C funding and plans to use the fresh funds to get a stronger foothold in Indonesia and Singapore as well as expand to new markets in the region.

PT Astra International has reported a 34 percent annual increase in revenue in the first half of this year, supported by surging commodity prices.

Indosat Ooredoo Hutchison (IOH) delivered a solid performance in the second quarter of 2022, solidifying their place as one of the most preferred digital telecommunication companies in Indonesia.

In a high-level forum organized by the G20 Trade, Investment and Industry Working Group (TIIWG) on Tuesday, Word Trade Organization Director-General Ngozi-Okonjo Iweala said strategic rivalry was a "reality of our times" but should not hamper economic development.

The banking industry is seeing signs of recovery as loan growth starts returning to pre-pandemic levels and borrowers exit restructuring schemes as they resume payments.

Asian stocks were mixed on Friday as fresh concerns about Chinese growth trumped any fillip regional markets received from brisk Wall Street earnings and some tempering of more aggressive expectations about US interest rate hikes.

Flying across the Asian region has become an inseparable part of the many joyful experiences that Ingrid Johnson has, especially since she started to take the helm at life-insurance-provider Sun Life Asia.

Ant and Alibaba did not immediately respond to Reuters requests for comment.

After Wednesday’s 75-basis-point (bps) interest rate hike by the United States Federal Reserve, economists in Indonesia have called for Bank Indonesia to follow suit so as to safeguard the rupiah’s exchange value.

Gross domestic product fell at a 0.9 percent annualized rate last quarter, the Commerce Department said in its advance estimate of GDP on Thursday. Economists polled by Reuters had forecast GDP rebounding at a 0.5 percent rate. 

A South Korean company has agreed to help state-owned electricity company PLN set up underwater electricity cables to increase the national electrification ratio and support renewable energy development in Indonesia.

It has been brought to attention in recent years that most Indonesian children lack the appropriate nutrition, and that parents need to ensure children are getting the necessary balanced nutrients.

The Finance Ministry has collected more than Rp 2.5 trillion (US$166.8 million) in value-added tax (VAT) and income tax obtained from digital companies and services in the first six months of this year as it taps new revenue streams to offset higher spending and keep fiscal consolidation on track.

As Indonesia struggles to catch up with other countries in the 5G rollout, global-telecommunications-firm Ericsson is waiting for the government to make available the frequency band for large-scale fifth-generation cellular networks.

Last week, the Port of New York and New Jersey reported that its June 2022 volumes were the second-highest in history, capping a torrid semester that has overtaken the first half of the record-setting 2021 year by 11.4 percent.

It was the second straight 75 basis point increase, and the fourth rate hike this year, as US central bankers move aggressively to cool the strongest surge in inflation in more than four decades, without derailing the world's largest economy.

Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of US rate hikes, lowering bond yields and restraining the dollar.

Following a visit to Beijing by Indonesian President Joko “Jokowi” Widodo and other ministers, the two sides have announced their intention to explore new investment in Indonesia’s chemical, technology and energy industries.

Battered by Russia's invasion launched on Feb. 24, Ukraine faces 35 percent to 45 percent economic contraction in 2022 and a monthly fiscal shortfall of $5 billion and is heavily reliant on foreign financing from its Western partners.

The government has allowed intellectual property to be used to access financing in a bid to boost the country’s creative economy, but wide-scale adoption of the scheme will take time.

The parallel structures of mirror-encased skyscrapers extending over 170 kilometres (more than 100 miles), known collectively as The Line, form the heart of the Red Sea megacity NEOM, a plank of Crown Prince Muhammad bin Salman's bid to diversify the Gulf state's oil-dependent economy.

The Federal Reserve is set to announce another big interest rate increase on Wednesday, the fourth this year, in its ongoing battle to tamp down price pressures that have been squeezing American families.

Palm oil prices will weaken further in the short term due to softer demand and "distress selling" by top producer Indonesia, commodities consultancy LMC International forecast on Tuesday.

Businesses in many parts of the world have become reluctant to raise funds amid aggressive interest rate hikes led by the US Federal Reserve, but analysts say Indonesian companies benefit from a relatively supportive equity capital market.