Indonesia issues more tax incentives for EV sales
By Fransiska Nangoy JAKARTA (Reuters) – Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of…
How a Chinese rocket failure boosted Elon Musk’s SpaceX in Indonesia
By Stefanno Sulaiman, Devjyot Ghoshal and Joe Brock JAKARTA (Reuters) – When a Chinese rocket malfunctioned shortly after launch in April 2020, destroying Indonesia’s $220 million Nusantara-2 satellite, it was…
TikTok violates Indonesian in-app transactions ban, says minister
By Bernadette Christina JAKARTA (Reuters) – Chinese short video app TikTok is still violating Indonesia’s rule that bans in-app transactions, a cabinet minister said on Tuesday, after it took control…
Generative AI faces major test as Indonesia holds largest election since boom
By Kate Lamb, Fanny Potkin and Ananda Teresia JAKARTA (Reuters) – Fika Juliana Putri, a 19-year-old shopkeeper in East Jakarta, plans to vote in Indonesia’s presidential election next week for…
China’s BYD launches 3 EV models in Indonesia
By Stefanno Sulaiman JAKARTA (Reuters) – China’s BYD, the world’s biggest electric vehicle maker, unveiled three battery EV models in Indonesia on Thursday as it seeks to expand its presence…
Indonesia says will audit TikTok, Tokopedia trial e-commerce tieup
By Ananda Teresia JAKARTA (Reuters) – China’s TikTok and Indonesia’s tech group GoTo will carry out a trial e-commerce partnership for several months as regulators assess its impact on small…
Indonesia’s GoTo in talks with TikTok over potential e-commerce partnership
By Ananda Teresia and Bernadette Christina JAKARTA (Reuters) – Indonesia’s biggest tech firm GoTo Gojek Tokopedia said on Friday it was in talks with short video app TikTok over a…
SingTel profit jumps 83% in first half on Indonesia gain
By Archishma Iyer and John Biju (Reuters) – Singapore Telecommunications (SingTel) reported an 83% rise in half-yearly profit on Thursday, helped by a gain related to regional associate Telkomsel‘s integration…
Indonesia’s GoTo reports significant drop in Q3 underlying losses
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia reported 942 billion rupiah ($59.30 million) in underlying losses for the third quarter, a significant drop…
In major blow to TikTok, Indonesia bans e-commerce transactions on social media
By Dewi Kurniawati and Stanley Widianto JAKARTA (Reuters) – Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video…