Indonesia Energy Corporation Limited shares rise 1.32% after-hours as South Korean firms plan to increase investments in Indonesia by $1.7 billion.

Indonesia Energy Corporation Limited rose 1.32% in after-hours trading, following news that South Korean firms plan to increase their investment in Indonesia by $1.7 billion. This significant investment boost, which represents over 10% of the existing $15.4 billion invested by South Korean companies in Southeast Asia's largest economy, is expected to positively impact Indonesia's energy sector, including Indonesia Energy Corporation Limited.