The country has 150 electric four-wheelers on the road to date, a fraction of the targeted 400,000 cars by 2025.

With waste management considered less than a sexy industry, app developers are still struggling to attract capital for what looks like a good, and potentially profitable, idea.

The partners will build a plant to make lithium chemicals in Indonesia Morowali Industrial Park on the island of Sulawesi.

Debt issuance in the first eight months of the year is down 20.5 percent from the same period in 2020 as the government seeks to mend the budget.

The company owes $305 billion, has run short of cash and markets are worried a collapse could pose systemic risks to China's financial system and reverberate around the world.

The power line, which passes through Indonesia, connects Singapore to the world's largest solar farm in Australia.

A recently issued regulation aims to spur demand for rooftop photovoltaic (PV) systems and thereby nurture a domestic solar panel manufacturing industry.

Indonesia’s economic chiefs remain wary of knock-on effects from default risks at China’s second-biggest property developer as it sends chills to global markets.

The local e-commerce firm's website became the most popular in the second quarter, toppling Singapore-headquartered Shopee, according to iPrice. However, Shopee's mobile app still sits on top of the Google Play and App Store chart.

The company is expected to lose financial support from Qatar-based telecommunications giant Ooredoo as a result of the merger.

The closely-watched announcement left policy unchanged for now, but new forecasts from central bankers show they expect the first interest rate increase next year.

Asian shares moved higher on Thursday, supported by some positive news from struggling developer China Evergrande Group, while the dollar held near a one-month top after the US Federal Reserve took a hawkish tilt overnight.

The Asian Development Bank has revised down its forecast for Indonesia by 1 percentage point to 3.5 percent this year and expects growth to remain slightly below the pre-pandemic level even next year.

The government is mulling over plans to ban or restrict the export of processed nickel products containing less than 70 percent nickel.

Children under 12 years of age may now visit shopping malls under the government's eased restrictions currently in a trial phase, though visitors must still be prescreened via the PeduliLindungi app and comply with all health protocols during their visit.

East Ventures and Skystar Capital led the second funding round for the Indonesian fintech start-up, which wants to help rural banks source funds from depositors throughout the country.

China ramps up credit, tax support for manufacturers as US tech curbs harden its resolve to spur innovation.

SugarCo is the name given to a newly formed state-owned holding company that focuses on the sugar industry, aiming to reduce the country’s dependency on sugar imports by improving production.

Bank Indonesia (BI) has kept its benchmark interest rate at 3.5 percent for a seventh consecutive month as it aims to support the economic recovery from the COVID-19 crisis.

The company launched its first hot strip mill in 1983 under then-president Soeharto.

The subsidiary of MNC Vision Networks has nixed its plans to become a Nasdaq-listed company through a SPAC transaction with Hong Kong's Malacca Straits Acquisition Company, citing a crowded market.

Tokyo's key Nikkei 225 index plunged more than two percent at the open on Tuesday, extending Wall Street falls on contagion fears from the expected collapse of debt-plagued Chinese property giant Evergrande.

The government wants to extend the Jakarta-Bandung railway to make the project more economically viable, as multiple delays – due to land acquisition issues and other problems – have led to a cost overrun.

State-owned construction company has secured a restructuring deal with 21 banks for a total of Rp 29.2 trillion in loans.

The company aims to produce 2 million tons of sustainable aviation fuel (SAF) by 2025, a ten-fold increase from today's total global output.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped another 0.2 percent on early Monday, after shedding 2.5 percent last week.

A narrower current account deficit, still muted inflation and a lower share of foreign portfolio investment suggest Indonesia is now in a stronger position than it was in 2013 to face US monetary tightening. But then there’s COVID-19.

Major restructuring completed recently at Pertamina is expected to help the state-owned energy giant achieve US$93 billion in revenue and $21 billion in net profit within three years.

In a country where many rural residents have never set foot in a bank, urbanites are confronted with a confusing array of e-wallets in the palm of their hand.

The deal to merge PT Indosat Ooredoo and PT Hutchison 3 Indonesia will enable the two firms to benefit from cost and capex synergies thanks to complementary infrastructure, an analyst said Friday.