The head of Spain's electricity operator REE downplayed Wednesday a recent report by the firm which warned of "severe" risks of power cuts linked to the "high" use of renewable energy in the country.
1 day agoBeijing further tightens its grip on the Indonesian EV market with its LFP tech domination, causing a decline in the market for nickel-based technology which contributed to LG’s decision to exit. ...
4 days agoElon Musk's xAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence start-up and social media business, Bloomberg News reported on Friday, citing people familiar with the matter. ...
5 days agoThe Commodity Futures Trading Regulatory Agency (Bappebti) has proposed slashing the tax burden imposed on crypto traders in the country with the goal of attracting more investors to the Indonesian crypto market.
1 year agoAfter the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.
1 year agoThe government has pitched Indonesia as a possible supplier of sustainable aviation fuel (SAF), but experts say the environmental costs and competitiveness in the global aviation industry should be given due consideration.
1 year agoChinese short video app TikTok is still violating Indonesia's rule that bans in-app transactions, a cabinet minister said on Tuesday, after it took control of the country's biggest e-commerce platform to restart its online shopping business.
1 year agoElon Musk - the owner of SpaceX, the world's most successful rocket launcher – seized on the failure to prevail over state-owned China Great Wall Industry Corp (CGWIC) as Jakarta's company of choice for putting satellites into space.
1 year agoThe satellite will bring active transponders in C-band and Ku-band frequencies with a capacity of 32 gigabytes per second (Gbps).
1 year agoChina has invested heavily in its attempt to break the hold of the dominant two Western planemakers on the global passenger market.
1 year agoOpenAI has concluded a deal with investors that reportedly values the California start-up at $80 billion or more, after a roller-coaster year for the inventor of ChatGPT.
1 year agoAn expected full return of civil demand in Asia is being tested by an industry-wide supply crunch and macroeconomic headwinds, however - especially in the world's second-largest aviation market, China - while geopolitical tensions have put weapons in the spotlight.
1 year agoBy 2025, Indonesia is projected to see more than $40 billion in digital loans—almost double from last year.
1 year agoThe recent Consumer Electronics Show (CES) in Las Vegas, the United States, was a showcase of revolutionary mobility solutions, offering a glimpse into a future where movement is redefined by technology.
1 year agoLocal securities crowdfunding businesses aim to surpass Rp 1.5 trillion (US$95.3 million) in funds raised this year, building on a strong performance last year.
1 year agoThere is more to the future of mobility than EVs. For sustainable transportation experts, the more impactful shift is toward efficient mass public transportation.
1 year agoIndonesia remains more of a follower than an innovator when it comes to global tech trends. But that does not necessarily mean Indonesia is behind.
1 year agoPanelists pointed out that Indonesia had imported a lot of cell phones in the past year, whereas the cost of building a factory to produce the devices locally would be very small when compared with the total value of shipments coming to the country.
1 year agoThe government wants to mandate foreign publishers to establish local presence in the country. Failure to comply would lead local access to their video games blocked by the ministry.
1 year agoIn the event of another divestiture, its rival Grab and TikTok might show up as the potential buyers, Momentum Works said.
1 year agoOne of the focuses in managing business is taking care of employees. Maintaining collaboration, productivity, and ensuring their wellbeing is important so that business operations can run smoothly. To achieve this, technology can be a key factor that can help both business owners and workers to progress further.
1 year agoThe Asia Internet Coalition (AIC) warns countries will pay the ultimate price for ending the moratorium, while small and emerging enterprises will be weighed down by significant extra costs.
1 year agoIn 2018, Traveloka launched its Buy Now Pay Later (BNPL) service (the Traveloka PayLater), making it the first platform in Indonesia to offer an alternative payment method primarily for underbanked individuals. Traveloka PayLater is a product of PT Caturnusa Sejahtera Finance (CSF), a financing company that is part of Traveloka Group. Now 6 years later, the service has evolved into a core component of Traveloka’s value proposition. It has experienced an average annual growth rate of more than 30%, with a 20% increase in its BNPL user base this past year alone.
1 year agoThe Indonesia Fintech Lending Association (AFPI) has asserted that cooperation between fintech platforms and universities is “not prohibited” by the fintech regulation, provided there is “prudent and compliant credit due diligence”.
1 year agoThe Financial Services Authority (OJK) has tightened capital requirements for venture capital (VC) firms and now categorizes them based on whether they provide more equity or more debt funding.
1 year agoCost is one of the major challenges poultry agritech start-ups are facing as they try to help smallholder farmers adopt their solutions for better efficiency in a volatile industry.
1 year agoThe collapse of the Singapore-based firm's TerraUSD and Luna wiped out around $40 billion in investments and caused wider losses in the global crypto market estimated at more than $400 billion.
1 year agoThe members of this group identify themselves as ethical hackers or white hat hackers, which implies the use of their hacking skills for good, rather than for malicious purposes.
1 year agoVenture capital firms suggest a possible rebound of Indonesia’s tech sector could begin later this year, though the first half of 2024 will likely remain under the shadows of the 2023 decline marked by mass layoffs and business closures.
1 year agoPitchbook recorded a 50 percent increase of venture debt in Indonesia to US$109 million in 2023.
1 year agoIndonesian fintech saw only US$765 million in funding last year, down from $1.6 billion in 2022, according to private data market research firm Tracxn.
1 year agoFinanciers agree 2024 will be about managing risks by prioritizing strong fundamentals, but while some investors expect a year of squeeze, others are looking beyond immediate financial returns.
1 year agoStart-ups in agriculture, farming, fisheries and related industries are seen as potential targets for investment in 2024, according to Amvesindo.
1 year agoShare your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.