The issuance of the permits follows last month's announcement of more than US$300 million investments by Apple in Indonesia, including in plants making components for its products, and a research and development center.

Indonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.

The influencer business has been tarnished by a recent case that has gone viral in which an actress and her assistant reportedly extorted a skincare business owner to the tune of Rp 4 billion.

Thailand International Auto Parts and Accessories Show 2025 (TAPA 2025), a premier trade show presenting new products and innovations in the auto parts and accessories industry is set to take place from April 3-5, 2025 in Bangkok. For more than two decades, the event has brought together leaders in the auto parts, accessories and related services industries from Thailand and around the world, thus becoming known as the world auto parts sourcing hub.

Previously, the government mulled introducing a rule that would require ride-hailing companies to provide holiday allowances for their partners similar to those of formal workers, but in early March it toned down the plan into a simple bonus.

The artificial intelligence-ready data center project, dubbed SMX01, is set to operate in Jakarta’s central business district (CBD) with an initial 18-megawatt (MW) load capacity that can be increased up to 60 MW. 

The Southeast Asian nation is home to a large semiconductor industry, including top US multinationals such as Intel and GlobalFoundries, and is one of the top exporters of chips to the United States.

The social media platform owned by China's ByteDance is the latest in a string of big tech names to announce major spending projects in the kingdom, after Amazon, Google and Microsoft.

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.