Indonesia Implements TikTok Shop Ban to help Local Business
Indonesia has enacted a ban on social media platforms facilitating goods transactions such as TikTok Shop to protect local businesses from e-commerce competition. This regulation...
Indonesia launches USD 2 Billion Greater Jakarta LRT Project
President Joko Widodo has inaugurated Indonesia's first Greater Jakarta Light Rapid Transit (LRT) system. The system will connect the nation's capital with satellite cities. This...
Vietjet starts direct service between HCMC and Jakarta
Vietjet launched a direct route connecting Ho Chi Minh City (HCMC) and Jakarta, Indonesia. This marks the third direct link in their flight network between...
Construction firms get help as Indonesia plans US$2 billion injection
The state-owned enterprises ministry of Indonesia has announced plans to provide an added $2.05 billion in equity investments to two construction firms by 2024. This...
Razer Fintech Acquires Indonesia digital payment giant PT E2PAY Global Utama
Razer Fintech, the financial technology arm of Razer, today announced the acquisition of PT E2Pay Global Utama ("E2Pay"). Razer is the leading global lifestyle brand...
Is eCommerce dying?
The eCommerce industry is experiencing more lows. As the pandemic-fueled boom fades and customers return to physical stores, many large eCommerce retailers are reporting lower...
Oil Palm Farmers in Indonesia back Jokowi’s move to ban palm oil exports
INDONESIA'S Oil Palm Farmers Union said on Sunday (Apr 24) that it supports the government's ban on palm oil exports The union calls it a...
Bangkok Bank seeks long term relationship with Indonesia via Permata Bank
Bangkok Bank is making its Indonesian presence felt by acquiring Bank Permata in the largest deal in its history. Following the acquisition in 2020, Bangkok...
Indonesia sends shockwaves by winning Olympic Gold against China
The women's badminton double team from Indonesia sent shockwaves when they won the Gold against China. Greysia Polii and Apriyani Rahayu beat China’s second seeds...
Netherlands is now the third largest investments contributor to Indonesia
The Netherlands has become the third-largest source of foreign investment for Indonesia in the second quarter of the year. Investment Minister Bahlil Lahadalia said that...