For many aspiring homeowners, a rent-to-own scheme is being hailed as a lifeline to homeownership, but they stressed that the scheme will only succeed if the monthly payments remain truly affordable.

The government has suspended TikTok's registration to provide electronic systems after the company failed to hand over all data relating to the use of its live stream feature, a government official said on Friday.

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.

Authorities tracked Adrian Gunadi to Doha, where he had been living as a permanent resident, after he fled Indonesia during the investigation.

The US tech giant said the move comes "in response to recent UK regulatory guidance," noting that the subscription model gives users a choice over whether to allow personalized ads.

Apple asked the European Union to scrap its landmark digital competition law on Thursday, arguing that it poses security risks and creates a "worse experience" for consumers.

Rivals of both companies may be concerned the partnership will undermine competition.

Beijing requires social media companies to moderate content on their platforms, with posts strictly controlled to avoid anything deemed to be too subversive, vulgar, pornographic or generally harmful.

In May, the Communications and Digital Ministry partnered with Oracle to build Southeast Asia’s largest graphics processing unit (GPU) cluster, with the goal of positioning the country as a hub for AI development in the region.  

Several online platforms, including Chinese retailers AliExpress and Temu and social media giants Facebook, Instagram, X and TikTok, are being probed under the European Union's landmark Digital Services Act (DSA).

US President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and would meet face-to-face in six weeks in South Korea to discuss trade, illicit drugs and the Russia-Ukraine war.

Ojol drivers have been demanding that the government cap commission fees at 10 percent, including during their latest protest on Wednesday under the banner “179.”

Trains in resource-poor Japan are increasingly being powered by renewable energy sources, as their operators seek to do their part in the country's drive to achieve carbon neutrality by 2050 to combat global warming.

South Jakarta prosecutors detained three more executives of SOE-backed venture firms in a graft probe over Tanihub investments, spotlighting governance risks in the country's start-up sector.

The landmark ruling came after Judge Amit Mehta found in August 2024 that Google illegally maintained monopolies in online search through exclusive distribution agreements worth billions of dollars annually.

A lack of research and development spending complicates a government push to develop the economic potential of Indonesia’s rare earth elements, a member of the National Energy Council (DEN) has said.

QRIS transaction volume had risen by 163 percent year-on-year (yoy) in July, while BI-FAST handled 414.6 million transactions, up 38 percent yoy, with a total value of Rp 1 quadrillion.

Bank Indonesia is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system’s first expansion beyond ASEAN.

Massive transformation and digitalization of banking services requires the strengthening of information security and consumer protection to withstand the high potential of cyberattacks.

One of the key arguments for stablecoin adoption is its potential to reduce remittance costs for Indonesian migrant workers abroad.

Australia's competition authority said it had launched proceedings in the Federal Court and jointly submitted with Google Asia Pacific that it should pay the fine.

Bank Indonesia (BI) is preparing to roll out the Quick Response Indonesia Standard (QRIS) in China, following the recent launch in Japan, as it seeks to expand the national digital payment system beyond ASEAN.  

In 2023, Indonesia began drafting a road map to develop the silica industry as a starting point for building a domestic semiconductor industry.

The Senate Judiciary Committee Subcommittee on Crime and Counterterrorism will start an investigation into whether Meta generative AI products "enable exploitation, deception, or other criminal harms to children."

A pilot project for the AI-based GovTech system will be launched in Banyuwangi, East Java, in September.

ThorCon aims to start construction in 2027, complete it in 2029, commence operations and fueling in 2030, reach full capacity in 2031, and secure an operating license in 2032.

Perplexity AI made a US$34.5 billion unsolicited all-cash offer for Alphabet's Chrome browser on Tuesday, a bid far above its own valuation as the start-up reaches for the browser's billions of users pivotal to the AI search race.

The AI race has seen neighboring Malaysia secure billions of dollars from global tech firms seeking to build critical infrastructure to meet growing demand for cloud and AI services.

Nvidia last month announced the US said that it would allow the company to resume sales and it hoped to start deliveries soon.