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View all search resultsA 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.
5 days agoQRIS 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. ...
6 days agoBank 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. ...
1 week agoThe country is planning to add nuclear power to the national energy mix through a small-scale nuclear power plant, targeted to start operating by 2032, as part of its energy transition to fulfill its net-zero commitment.
8 months agoIt was carefully crafted to deal only with control by a foreign adversary, and it was part of a broader effort to counter a well-substantiated national security threat posed by the PRC [People's Republic of China]," the appeals court argued.
8 months agoThe BRIC grouping of major emerging economies initially included Brazil, Russia, India and China, and has since expanded to take in other countries.
8 months agoThe cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the "bitcoin and cryptocurrency capital of the world".
8 months agoThe tech giant has published a website notice alerting all users of an impending billing increase as a result of the planned VAT hike to 12 percent starting in January 2025, preempting the government's formal decision on the matter expected next week.
8 months agoEnergy and Mineral Resources Minister Bahlil Lahadalia said on Nov. 27 that the government would only provide subsidized fuel to vehicles with yellow license plates, the plates used for public transportation and trucks.
8 months agoAmong the materials banned from export are metals gallium, antimony and germanium, Beijing's commerce ministry said in a statement that cited "national security" concerns.
8 months agoGoogle and Facebook-owner Meta Platforms urged the Australian government on Tuesday to delay a bill that will ban most forms of social media for children under 16, saying more time was needed to assess its potential impact.
9 months agoChinese tech giant Huawei will on Tuesday launch its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.
9 months agoBoth GoTo and Grab charge the government-recommended flat rate of Rp 15,000 (94 US cents) per meal and integrate digital platforms to facilitate orders daily.
9 months agoOn Wednesday, the US Department of Justice submitted its recommendation for the breakup to US District Court Judge Amit Mehta, who is set to impose steps next year to address Google's monopoly power in online search.
9 months ago"The age of AI has started. A new computing era that will impact every industry and every field of science," the CEO said.
9 months agoThe country’s GMV is projected to grow by 13 percent to US$90 billion by the end of the year after previously expanding by only 6 percent last year.
9 months agoThe US-based Nvidia Corporation has become a powerhouse in AI development by leveraging its advanced graphics processing unit (GPU) technology, initially developed for gaming, as a foundation for data-intensive AI processing.
9 months agoPreviously, then-president Joko “Jokowi” Widodo claimed the autonomous train system would be better than the Jakarta MRT and LRT, noting that the latter two were expensive and hard to develop.
9 months agoIndonesia has set new terms and conditions for Apple to legally sell its latest phone in the country, after weeks of a public standoff between the tech firm and the government over local content requirements.
9 months agoMeta said that over the coming weeks users in the EU would have the choice of seeing "less personalized ads" when they use Facebook and Instagram.
9 months agoHong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.
9 months agoThe world's biggest cryptocurrency BTC rose 7 percent to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line on cryptocurrency regulation.
9 months agoUS tech companies have warned Vietnam's government that a draft law to tighten rules on data protection and limit data transfers abroad would hamper social media platforms and data center operators from growing their businesses in the country.
9 months agoMalaysia said in July it will require social media platforms and messaging services with more than eight million users to obtain a license, as part of efforts to curb financial scams, cyberbullying and sexual crimes online.
10 months agoThe ministry is no longer in charge of tourism and now has a deputy head with a gaming investment background, which has developers hoping for more government attention to address longstanding issues of their industry.
10 months agoAfter being chosen by a joint venture of South Korea's Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it an edge in the race to become a regional EV hub.
10 months agoTaiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter.
10 months agoNumerous businesses listed in recent years were not ready and therefore struggled to meet investor expectations after going public, according to Raghav Kapoor, CEO of investment research network Smartkarma.
10 months agoIn addition to affordable energy, tech industry insiders have praised Indonesia's “very welcoming stance” on foreign direct investment.
10 months agoWithout a robust communication infrastructure, experts warn, Southeast Asia’s biggest economy will fall behind regional peers in industries that demand high-speed, low-latency connectivity.
10 months agoMicrosoft has moved fast in pushing generative AI technology to everyday users, largely using the models from its $13 billion partnership with OpenAI, the maker of ChatGPT.
10 months agoRoboTechX Lab founder Judhi Prasetyo says that research and development is where Indonesia's once-thriving tech industry is falling flat, warning that not doing so risks the country losing its competitive edge and failing its up-and-coming talent.
10 months agoIndonesian start-up founders aiming to secure follow-up funding from American or European venture capital firms must establish a significant presence in these regions, according to Sean O’Sullivan, managing general partner at United States-based venture capital firm SOSV.
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