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The homegrown tech giant saw a surge in shares on Monday morning after the state secretary's statement on Friday, which revealed the government was discussing a potential merger between GoTo and rival Grab in relation to a new ojol regulation currently being drafted
2 hours agoThe plan includes 63 percent of the proceeds going to the airliner's low-cost subsidiary Citilink to strengthen its cash flow and clear a US$225 million debt to Pertamina, according to the disclosure document.
3 hours agoToyota and Pertamina aim to establish a joint venture for the project by early 2026.
5 hours agoThe US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.
7 hours agoWhile the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity.
12 hours agoIndonesian-made electric motorcycle Alva N3 is being presented at the Milan Motorcycle Shows (EICMA) in cooperation with Kawago as the international sales partner.
1 day agoIndonesia’s central bank currently holds only 80 tonnes of gold, just 5.9 percent of its total reserves.
1 day agoThe national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.
1 day agoAs AI adoption races ahead, the same tools driving personalization and efficiency are also unlocking new dangers, from biased credit scoring and data misuse to ever more cunning financial scams.
3 days agoOn a day when Facebook-parent Meta's share price plunged on the heels of disappointing quarterly earnings, demand for its bonds was reportedly four times greater than supply in a market keen to hold the social networking titan's debt.
1 week agoThe e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI is not only powering innovations but accelerating how quickly they are developed by the second largest employer in the United States.
2 weeks agoThe Dutch government has invoked a Cold war-era law to effectively seize control of Nexperia, a Chinese-owned chipmaker based in the Netherlands.
3 weeks agoThe US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.
7 hours agoBipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.
1 day agoAs the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity.
2 days agoIndonesian-made electric motorcycle Alva N3 is being presented at the Milan Motorcycle Shows (EICMA) in cooperation with Kawago as the international sales partner.
1 day agoThe company said its profit after tax for the 2024-2025 fiscal year dropped 32 percent to 1.5 billion euros (US$1.7 billion).
2 days agoThe Dutch government is ready to shelve the order that gave it power to block or change key corporate decisions at chipmaker Nexperia if China resumes exports of critical chips, Bloomberg News reported on Friday, citing people familiar with the matter.
3 days agoAsian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.
4 days agoTech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
5 days agoThe eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.
1 week agoThe US dollar drifted up from a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut by the Federal Reserve later in the day.
1 week agoMarkets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional 100 percent tariff on Chinese goods was "effectively off the table".
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