Business
TikTok, Alibaba push Indonesia e-commerce pioneer Bukalapak into retreat
INDONESIAN e-commerce pioneer Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a market where…
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Indonesia
Business
Indonesia to meet Apple on investment proposal, official says
INDONESIA’S industry ministry will meet representatives from Apple on Tuesday (Jan 7) to discuss its investment in the country, a…
Business
Volunteers clean up Bali's beach from "worst" monsoon-driven trash
Hundreds of volunteers joined a cleanup in Bali, Indonesia, Saturday as monsoon rains brought what an activist described as "the worst"…
News
Deseret News archives: Earthquake-tsunami whammy struck Italy in 1908, Indonesia in 2004
A look back at local, national and world events through Deseret News archives. On Dec. 28, 1908, a major earthquake followed by a tsunami…
News
20 years after a devastating tsunami, a survivor celebrates what the disaster has given him
KHAO LAK, Thailand — Watana Sittirachot was raised at an orphanage in Thailand for children affected by the 2004 Asian tsunami. Now, 20…
Business
Malaysia, Indonesia to battle for IPO supremacy in 2025 as signs point to Asean market comeback
Industry observers say the region’s listings are expected to improve amid lower interest rates and economic growth INDONESIA and Malaysia…
Business
Apple’s US$1 billion investment may be fleeting win for Indonesia
INDONESIA claimed victory after Apple offered to increase its investment in the country to US$1 billion to get President Prabowo…
News
Indonesia weighs deep cuts to nickel mining to boost prices
INDONESIA is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal, according to sources…
Business
Indonesia politician did not 'promise cash handout' to celebrate poll win: campaign
Politicians in Indonesia are regularly targeted by online scammers who use edited videos to impersonate them and push spurious financial…
Business
Schroders seeks buyers for Indonesia unit with US$4 billion in assets: sources
SCHRODERS is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the UK-headquartered…
Business
Bank Indonesia says it’s ready to intervene to steady rupiah
INDONESIA’S central bank said it was ready to intervene in currency markets to steady the rupiah as it weakened towards the psychological…
Business
Indonesia must shut coal plants every year to hit climate goal
INDONESIA needs to shut multiple coal plants a year while also tripling renewables to meet its new president’s ambition of a full…
Business
Indonesia expects US$1 billion investment commitment from Apple in a week
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday…
Business
Billionaires plan major new city for 2060
Indonesian billionaires are embarking on an ambitious $16 billion project to transform a formerly impoverished area of North Jakarta into…
News
Indonesian fishermen rescue 116 Rohingya refugees
LHOKSEUMAWE, Indonesia (AP) — Indonesian fishermen on Saturday rescued 116 Rohingya refugees, mostly hungry and weak women and children,…
Business
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry minister…
Business
Video of China 'bending bridge' falsely shared as new tourist attraction in Indonesia
After a distinctive glass tourist bridge opened with limited access in Indonesia, a video spread online with a false claim that it showed…
Business
Indonesia bourse mulls higher IPO proceeds criteria for listing
THE Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings (IPOs) as part of efforts to…
Business
Indonesia curbing nickel supply to support locals: Eramet
INDONESIA is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged…
Business
Woman-owned cafe in Indonesia's Sharia stronghold shakes stigma
In what claims to be the only woman-run cafe in the capital of Indonesia's most conservative province, owner Qurrata Ayuni says she and…
Business
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components,…
Business
Indonesia intervenes as rupiah nears 16,000 per dollar level
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000…
Business
State carrier Garuda Indonesia appoints new CEO
STATE-run Garuda Indonesia said on Friday (Nov 15) it had appointed Wamildan Tsani Panjaitan, a former acting head of budget Lion Air who…
Business
Few have heard of this scenic train journey through Indonesia (and it’s a bargain, too)
The train click-clacks along at a steady rhythm, passing through various shades of green. Lush rice fields morph into dense forests, while…