ON BUSINESS

#CORPORATE NEWS

Traveloka Secures $300m Financing from INA, BlackRock

The financing allows Traveloka to strengthen its balance sheet further as the company recovers from the impacts of the Covid-19 pandemic.

30 September 2022 | 11:14 AM

#CORPORATE NEWS

Toyota to Build Hybrid Cars in Indonesia, Not in Rush to Go All-Electric 

Toyota said going full-electric is not feasible in the local market at present because few consumers can afford the price of an EV.

28 September 2022 | 07:48 PM

#CORPORATE UPDATES

Telkom Remains Most Valuable Indonesian Brand This Year

Telkom’s brand value grew to $4.7 billion this year, thus enabling the company to retain its title of the most valuable Indonesian brand.

28 September 2022 | 03:40 PM

#ECONOMY

Indonesia Expects to Tap $300b Digital Economy by 2030

Indonesia's digital economy size could swell by more than seven times in this decade.

27 September 2022 | 12:02 PM

#ECONOMY

Multipolar Deputy CEO Rudy Ramawy Passes Away

Rudy was one of the notables in Indonesia's technology industry.

23 September 2022 | 07:31 PM

#ECONOMY

Indonesia's P2P Lenders Set to Disburse $17b in Loans in 2022: Association

The association upgraded the 2022 projection after seeing the industry maintaining its rapid growth so far this year. 

23 September 2022 | 02:30 PM

#ECONOMY

Central Bank Lifts Benchmark Rate by 50 Points

The Q3 economic growth is projected to reach 5.5 percent according to Central Bank Governor Perry Warjiyo.

22 September 2022 | 07:16 PM

#ENVIRONMENT

Indonesia Offers Incentives, Cuts Red Tape for Green Investment

Indonesia is trying to make its investment climate as attractive as possible to draw investment in the green sector.

21 September 2022 | 07:34 PM

#ECONOMY

ADB Upgrades Indonesia's Growth Forecast

ADB projected the largest economy in Southeast Asia would expand by 5.4 percent this year, up from its previous projection of 5.0 percent.

21 September 2022 | 02:42 PM

#CORPORATE NEWS

Astra Makes a Move to Conquer Digital Bank Landscape

Astra and its fintech partner WeLab completed Bank Jasa Jakarta's acquisition to establish a new digital bank.

19 September 2022 | 02:37 PM