Indonesia
Singaporean Man Deported From Indonesia After He Was Mobbed By Locals For Offering Candy To A Child in Batam
A Singaporean man was about to get lynched by an angry mob in Batam, Indonesia, after he was suspected of trying to kidnap a child. The incident took place...
Microsoft to invest US$1.7 billion in cloud, AI in Indonesia: CEO
[JAKARTA] Tech giant Microsoft will invest US$1.7 billion over the next four years to enhance its hyperscale cloud computing and artificial intelligence (AI) infrastructure in Indonesia, marking the largest...
First Resources denies allegations of links to firms clearing forests in Indonesia
PALM oil producer First Resources : EB5 0% has denied allegations that it is linked to a network of companies accused of clearing rainforests in Indonesia.The Singapore-listed firm was...
Indonesia central bank open to buying government bonds to steady market
INDONESIA’S central bank said it is intervening in the market to help steady the rupiah and is open to buying government bonds to help stabilise the bond market.The rupiah...
Apple CEO meets Indonesia leader to talk investments
APPLE chief executive Tim Cook met Indonesia’s president on Wednesday, as the tech giant explores ways to invest in South-east Asia’s biggest economy and diversify supply chains away from...
Brokers’ take: DBS upgrades GoTo to ‘buy’ on ‘undemanding’ valuation; expects fintech breakeven in FY2025
DBS Group Research has upgraded GoTo to “buy” from “hold”, as it believes the Indonesian tech company’s valuation is now “undemanding”.Concerns over cash burn have been resolved, and the...
Japan’s Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
JAPAN’S Mitsui OSK Lines (MOL) has started commercial operations of its floating storage and regasification unit (FSRU) to supply liquefied natural gas (LNG) to a power plant in West...
Nvidia, Indosat plan US$200 million AI centre investment in Indonesia, government says
NVIDIA and Indonesia’s telco firm PT Indosat Ooredoo Hutchison plan to build an artificial intelligence (AI) centre in Central Java in 2024, worth US$200 million, the communication minister said.Budi...
