Private equity firm Everstone is set to sell its entire stake, amounting to 11.26 per cent, in Restaurant Brands Asia, a franchisee operating in India and Indonesia for fast-food giant Burger King. Those familiar with the matter have confirmed that the deal…
Indonesia is currently experiencing a “demographic dividend” phase, characterized by a surge in the young population. However, this younger generation, primarily Generation Z (those born between 1997 and 2012), is wrestling with significant employment…
Starlink, a satellite internet service, has ceased its operations in Papua New Guinea following a directive from the country’s telecommunications regulator. This halt in services comes amidst an ongoing dispute over licensing. The Regulatory Standoff The…
Indonesia has announced that it will not be importing rice for any purpose in the coming year, due to ample domestic production capabilities. This announcement was made at a recently held ministerial summit in Jakarta. High-level officials from various…
Boss is broadening its market reach in Southeast Asia by introducing its premier athleisure-oriented retail outlets in Indonesia. The brand has unveiled two new stores in Jakarta, located in the prestigious Grand Indonesia and Central Park Mall. The store in…
Indonesia has recently achieved a significant milestone in its agricultural export sector with the first direct shipment of frozen durians to China. This 48-tonne shipment, valued at Rp5.1 billion (US$305,000), was processed in West Java and shipped from…
Indonesia’s state-owned telecommunications corporation, Telkom Indonesia, recently announced that its independent shareholders have given the green light to partition the company’s wholesale fiber connectivity business and assets. The assets will be…
The GSMA has highlighted the need for a more robust, investment-focused strategy to expedite Indonesia’s digital transformation and stimulate innovation, according to its recent findings published in the reports GSMA Digital Nations 2025 and ASEAN Consumer…
KK Group, a Chinese lifestyle retailer, is making a strategic return to the Indonesian market. The company plans to reintroduce three of its brands: X11, KKV, and The Colorist. The Return of X11, KKV, and The Colorist The reintroduction begins with X11, KK…
Indonesia has recommenced its shrimp exports to the United States with a hefty haul of 182 tonnes, valued at IDR25 billion, or approximately US$1.5 million. Importantly, these shipments come bearing certification of being free from Cesium-137 contamination.…
Indonesia has embarked on an ambitious initiative to eradicate approximately 1,400 unauthorized gold mines located in the Mount Halimun Salak National Park area, situated in the Sukabumi district of West Java province. In the month of November alone, local…
Telkomsat, an Indonesia-based telecommunications company, has entered into a memorandum of understanding with Myriota, an Australian satellite Internet of Things (IoT) provider. This strategic partnership intends to broaden the reach of satellite-supported…
Indosat Ooredoo Hutchison (IOH) has announced significant success in the initial months following the launch of its AI-powered Anti-Spam and Anti-Scam feature. Just three months after its introduction, the feature has blocked hundreds of millions of potential…
Possible discussions are currently underway in Indonesia regarding a potential merger or acquisition involving Grab, a ride-hailing and food delivery company, and its competitor GoTo, according to a statement made by the presidential spokesperson on Friday.…
OCBC, the Singapore-based banking corporation, has reported that its profits remained stable in the third quarter of 2025. The bank’s net earnings for the period matched the previous year’s figures, standing at approximately S$2 billion ($1.5 billion). Income…
NeutraDC, a division of Telkom Indonesia, and Nxera, Singtel’s regional data center branch, have completed the structural framework of a new data center located in Batam, Indonesia. The construction phase of the project, known as BTM-1, began in June of the…
Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.