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JAKARTA -- Malaysian conglomerate Axiata Group and Indonesian peer Sinar Mas group have begun talks toward a merger of their telecommunications operations in Indonesia, as industry competition intensifies and growing infrastructure costs weigh on operators.
JAKARTA -- On a recent visit to a Jakarta cafe, I ordered ice-brewed coffee, known as kopi in Indonesia's national language. Fighting the urge to swallow quickly, I let the black liquid lie in my mouth for a while. Gradually, it released hints of citrus, jasmin and rose -- coffee flavors that embody Indonesia's cultural, linguistic, ethnic and geographical complexity.
JAKARTA -- Chinese electric vehicle makers BYD and Neta Auto are poised to challenge Japan's dominance in Indonesia's car market, announcing new investment plans and rolling out their latest models at an auto show in Jakarta.
JAKARTA -- Indonesian superapp provider GoTo said on Monday that it posted an 861 billion rupiah ($53 million) net loss in the January-March period, a reduction of 78% from the same period in 2023.
JAKARTA/PALO ALTO, California -- Apple CEO Tim Cook said the iPhone maker will "look at" the possibility of manufacturing in the country after a meeting with Indonesian President Joko "Jokowi" Widodo on Wednesday.
JAKARTA -- Indonesian venture capital firm Indogen Capital is advising startups to go public in Tokyo as shares traded on the Japanese market are surging this year.
JAKARTA -- U.S. chipmaker Nvidia and Indonesian telecommunications company Indosat Ooredoo Hutchison plan to build a $200 million artificial intelligence center in Southeast Asia's largest economy, as demand for digitization in the region booms.
JAKARTA -- Indonesia is looking to carve out new markets for its furniture and wooden goods as one of its top buyers, the European Union, is gearing up to implement a new rule to help preserve the world's forests.