Tags Posts tagged with "Indonesia"

Indonesia

Indonesia’s Tokopedia raises $1.1 billion from Alibaba, Softbank

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Indonesia’s leading e-commerce portal Tokopedia said on December 12 it has raised $1.1 billion in funding from investors including Japanese tech holding SoftBank’s Vision...
Indonesia’s digital economy to become largest in ASEAN by 2025

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The annual “e-Conomy Southeast Asia” study conducted by Google and Singapore's state holding company Temasek found that Indonesia’s digital economy is poised to become the...
Thailand’s economy slows, foreign investors on the sidelines

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Thailand's economy slowed in the third quarter this year as the trade war and a slowdown in tourism started to bite, prompting the government...
Indonesia presents new economic stimulus package

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Indonesia on November 16 announced a new economic stimulus package to support the rupiah and spur growth in the lead-up to the upcoming presidential...
Alibaba founder to launch e-commerce training center in Indonesia

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Jack Ma, founder and outgoing executive chairman of China's e-commerce giant Alibaba Group, said on October 13 that he plans to open an institute...
Malaysia hopes to welcome 30 million tourists by 2020

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Malaysia's Ministry of Tourism, Arts and Culture is targeting 30 million tourist arrivals in Malaysia by 2020, state news agency Bernama reported. Deputy tourism minister...
Amazon’s cloud service unit to invest almost $1 billion in Indonesia

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American IT giant Amazon is planning a 14 trillion-rupiah ($945 million) investment in Indonesia, according to The Straits Times, which referred to local news...
Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Indonesia seeks to host 2032 Olympics

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Indonesia’s President Joko Widodo announced plans on September 1 to bid for the hosting of the 2032 Summer Olympics. The move following the country’s...
Grab to stoke up ride-hailing competition in Indonesia with $250m investment

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Singapore ride-hailing company Grab, which claims it holds 65 per cent of Indonesia's ride-hailing market, will invest $250 million through its newly launched unit...
Indonesia invites China to take part in multi-billion infrastructure projects

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While Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic...
Indonesia proposes palm oil to be used as jet fuel

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Indonesia, the world’s top producer of palm oil, has suggested to use palm oil as biofuel in jet fuel and asked Boeing and Airbus...
Dili_East-Timor_Arno-Maierbrugger-34

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Dili, the capital of the fifth-youngest nation on earth, East Timor, is an odd place within Southeast Asia for people used to the hustle...
Malaysia, Indonesia agree on joint production of new ASEAN car

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Indonesia and Malaysia have reached a deal to set up a joint venture to produce the first fully local-made vehicle for domestic use and...
Indonesia hands over 1MDB-linked luxury yacht amid ongoing investigations

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Indonesia has returned to Malaysia the luxury yacht “Equanimity” linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) financial scandal, Malaysia’s Prime Minister Mahathir...
Indonesia’s Go-Jek launches first service abroad in Vietnam

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Indonesia's fast-growing ride-hailing service Go-Jek launched its first International operations in Vietnam, with the brand Go-Viet now available on Google Play Store and Apple...
Brunei discovers tourism can be business – sets target of 450,000 visitors by 2020

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The sleepy mini-state of Brunei Darussalam squeezed within Sarawak in the north of Borneo Island is set to give its underdeveloped tourism industry a...
Philippines, Indonesia, Vietnam with highest consumer confidence in Southeast Asia

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The Philippines, Indonesia and Vietnam, just behind India, rank within the top four in the latest international consumer confidence survey compiled by US-based research...