Three major powers have submitted proposals on developing a nuclear power plant in the country, according to Kadin’s energy and mineral resources deputy.

The source said the test will begin in the second quarter this year, but they do not expect the subscription service to earn meaningful revenue until next year at the earliest.

The acquisition marks another expansion of the fintech business after a launch of its digital banking app called Krom in early 2024.

President Prabowo Subianto has praised nuclear power as the “cleanest energy source” and is also banking on the technology in the areas of health care and agriculture.

What truly matters does not change, even as times change.

National Economic Council (DEN) member Mari Elka Pangestu noted that complaints from US multinationals could give Trump’s administration reason to review trade policies and ties with Indonesia.

Built by young local developers, the AI model will be cost-effective, Luhut noted, since DeepSeek was open source.

Canadian Minister of International Development Ahmed Hussen has conveyed his country’s interest in supporting nuclear energy development in Indonesia.

"The semiconductor industry is highly complex and requires precise specialisation and division of labour. Given that each country has its own unique industrial strengths, there is no need for a single nation to fully control or monopolise all technologies globally."

This came after Rosan said on Jan. 21 that he believed the tech giant was close to striking a deal over an investment package that would lift sales restrictions on the iPhone 16 in a matter of weeks.

Despite a decade of tightening rules on what is allowed and what is not in Indonesia’s burgeoning peer-to-peer (P2P) lending industry, the fintech segment meant to improve financial inclusion is still riddled with risks for both lenders and borrowers.

The company confirmed last month that it was planning to trim about 5 percent of its "lowest performers" and backfill at least some of the positions.

A series of fraud cases raises questions about due diligence, but also regulatory oversight, in Indonesia’s start-up scene at a time when young companies are already struggling to raise new funding.

Russia and China, which share what they call a "no limits" strategic partnership, have long talked about AI cooperation - including in military applications - but little is publicly known about the depth or scope of the cooperation.

Many companies that had reached unicorn status remained unable to record profits.

Upon taking office, US President Donald Trump quickly rescinded an executive order by his predecessor, former president Joe Biden, mandating safety practices for AI.

While tech execs and researchers acknowledge that China's DeepSeek has gone a long way to leveling the AI playing field, especially for emerging economies, they suggest Indonesia still needs substantial investment in supporting infrastructure and local talent to narrow the gap in AI research and development.

Trump said he would be putting tariffs on imports of computer chips to the United States, which will punish Nvidia's business that depends on imported components, mainly from Taiwan.

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.

European shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly chips.

US President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.

The ads come as Meta is facing heightened scrutiny after CEO Mark Zuckerberg ended the company's US fact-checking program, a key tool in fighting online misinformation, and relaxed content moderation rules to allow more controversial speech, similar to X's policies.

The antitrust agency ordered Google to immediately cease enforcing the mandatory use of its Google Play Billing and to allow developers to introduce alternative billing options next to Google Play's billing system.

Apple is close to striking a deal with Indonesia to lift a ban on the sale of its iPhone 16, according to the investment minister, but the industry minister remains unconvinced.

The revelations have shaken Indonesia’s start-up ecosystem, which is already under pressure from declining valuations and investor skepticism.

The guide encourages the economic bloc’s member states to adopt its recommendations voluntarily, which serve as a useful starting point for alignment among ASEAN countries, the report noted

PLN says high costs remain a challenge for the state-owned electricity company’s efforts to slash emissions from its coal-fired power plants through the use of carbon capture and storage (CCS) technology.

The country's first e-commerce unicorn is ceasing sales of physical goods to focus on digital goods and services, citing minimal revenue contribution, shift in demand and increasing competition since the company's founding almost 15 years ago.

As consumers wait to hear word on whether the previous subsidy scheme would continue, the government is thinking of introducting a VAT waiver for new purchases of electric motorbikes.

ICOs are similar to initial public offerings (IPOs) in the stock market, but instead of shares, use coins to raise funds. These coins can have utility for financial products, among other things.