Indonesia-based Telkomsel invests $300 million more in Gojek
Mobile operator Telkomsel is pouring in an additional $300 million in multi-service platform Gojek in efforts to ramp up the multi-service provider’s business. According to...
Indonesia’s GDP contracts 0.7% in Q1
Indonesia saw its economy slightly contracted by 0.74% year-on-year in the first three months of 2021, which signals its continuing recovery as the government...
Ellipse Projects, EU and the UK: Foreign Direct Investment puts Indonesia on track for...
Indonesia has seen a sharp uptick in Foreign Direct Investment (FDI) to the tune of 14% in the first three months of 2021. FDI...
Grab set for US listing via ‘world’s biggest’ SPAC merger
Grab Holdings Inc., the company behind Southeast Asia's largest ride-hailing and food delivery platform, is set to go public in the U.S. through a...
Traveloka Indonesia unveils US IPO plan
Indonesia-based Traveloka was keen on going public this year in the United States as it aimed to raise funds for its expansion plans. According to...
Indonesia mass vaccination begins; younger generation first in line
Indonesia began with its mass vaccination program on Wednesday which focused on the younger working-age population and not the elderly. According to reports, Indonesian President...
Indonesia frees militant leader Abu Bakar Bashir
Indonesia freed from prison the spiritual leader of al-Qaeda-linked group Jemaah Islamiyah (JI) after serving two-thirds of his 15-year sentence. Abu Bakar Bashir, 82, was...
Indonesia to vaccinate population starting next week
Indonesia is set to begin next week its mass vaccination program, with President Joko Widodo receiving the first jab, according to a report by...
Indonesia launches $3-billion Patimban seaport
Indonesian President Joko Widodo inaugurated over the weekend the $3.07-billion Patimban seaport—one of the government’s priority infrastructure projects—paving the way for a boost in...
‘More carriers in the doldrums amid low travel demand’
More airlines were expected to go bankrupt this year as sales remained severely dampened by the weak travel volume. According to a report by The...
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Looming Civil War in Myanmar Urges UN to Act Immediately
Myanmar is on the verge of an intensifying civil war due to the country's military rule. The military's displacement of Aung San Suu Kyi...
Panasonic Ceases Singapore Operation Affecting 700 workers
The pandemic is evidently taking its toll on different businesses around the world. Panasonic will shut down its Singapore refrigeration compressor manufacturing operations. The...
Vietnam’s Resolution 105 Subsidizes Pandemic-Stricken Businesses
Vietnam proclaimed a new law called Resolution 105 to subsidize pandemic-stricken businesses in the country. It will help speed up the proliferation of the...