Indonesia

Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...

Indonesia’s government will start construction of the first government buildings at its new capital Nusantara in August, the country’s minister of public works and...

Former Malaysian prime minister Mahathir Mohammad in what can be interpreted as a nationalistic outburst said that Malaysia should claim that Singapore gets “returned”...

Indonesia’s national airline Garuda Indonesia will have to pay its creditors a total of 120.5 trillion rupiah ($8.3 billion) if it wants to carry...

The age of electric vehicles is gradually arriving in Southeast Asia as primarily Asian car makers are launching their fleets of battery-powered cars in...

Malaysia’s Capital A, the holding company formerly known as AirAsia Group, plans to expand its ride hailing platform on its e-commerce platform “Super App”...

UK-based multinational banking giant HSBC is considering listing its Indonesia unit on the stock exchange in Jakarta, Bloomberg News reported with reference to unnamed...

US electric carmaker Tesla has apparently agreed to invest in battery and electric vehicle manufacturing plants in Indonesia, the country’s investment minister Bahlil Lahadalia...

With a recent relaxing of entry rules, most of Southeast Asia is reacting to the easing Covid-19 pandemic and reopening for travel, with airlines...

Indonesia is seeing a new addition to its commercial air travel industry with the expansion of Pelita Air into scheduled routes to domestic destinations. Pelita...

Indonesia’s parliament on April 22 approved the government’s plan to raise the capital of flagship carrier Garuda Indonesia by 7.5 trillion rupiah ($518.31 million)...

Indonesia, the world's largest producer of palm oil, on April 22 announced an export ban amid a continuing cooking oil crisis in the country....

China’s largest battery producer, Contemporary Amperex Technology, or CATL, plans to join two state-owned Indonesian companies to develop an electric-vehicle battery integration project with...

US financial services majors Goldman Sachs and JPMorgan Asset Management have given business news channel CNBC their top picks for investments in Southeast Asia...

The share price of Indonesia’s e-ecommerce giant GoTo skyrocketed 23 per cent when its stock started trading on April 11 on the Jakarta stock...

Ownership of digital assets including cryptocurrencies in Indonesia is among the highest globally as many investors in the country look at those assets as...

Indonesia’s e-commerce giant GoTo said it will allocate around 920 million Series A shares to its 600,000 driver-partners following its successful initial public offering...

The Indonesian government will charge value-added tax (VAT) on crypto transactions and income tax on capital gains from crypto investments at 0.1% each, starting...