At the start of the week, Japan sold its 58.88 percent stake in Indonesia Asahan Aluminium (Inalum) to the Indonesian government for a price of USD $556.7 million. At a ceremony held in Jakarta, witnessed by various Indonesian ministers and Japanese government officials, the agreement was signed. Talks about the sale of Japan's stake were difficult and lengthy, almost needing resolution by arbitration, due to disagreement about he value of Japan's stake. This then triggered concerns that Indonesia-Japan relations were in jeopardy.
Update COVID-19 in Indonesia: 28,233 confirmed infections, 1,698 deaths (3 June 2020)
03 June 2020 (closed)
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