Gojek appoints former Amazon senior engineer as CTO

Indonesian decacorn Gojek announced on Wednesday that it had appointed former Amazon software development director Severan Rault as its new chief technology officer (CTO)...

Holidaymakers begin planning for domestic travel despite COVID-19 fears: Tripadvisor

Holidaymakers have begun planning trips, a positive sign for the hard-hit tourism industry, but the financial concerns caused by the COVID-19 pandemic-induced economic downturn...

Google announces Rs 75,000 crore fund to help accelerate India’s digital economy

Prime Minister Narendra Modi on Monday interacted with Google Chief Executive Sundar Pichai on a wide range of subjects. The duo interacted on particularly leveraging...

Don’t like the job creation bill? Tell it to the House, not Jokowi, says...

Coordinating Economic Minister Airlangga Hartarto has asked protesters to direct their criticism of the controversial omnibus bill on job creation toward the House of...

Govt’s inclusive approach to tackle inequality amid slowdown: Sri Mulyani

The government will continue to promote inclusive and sustainable economic growth in its development agenda to mitigate the impact of the global slowdown and...

Exiting chief warns against ‘big bang’ reform of beleaguered WTO

The World Trade Organization's exiting chief acknowledged Thursday that the body was facing "tremendous pressure", but insisted that a "big bang" reform was not...

Britain bans China’s Huawei, handing US big win

Britain on Tuesday bowed to growing US pressure and ordered the phased removal of Chinese telecoms giant Huawei from its 5G network despite warnings...

OPEC raises stakes with Russia, seeks biggest oil cut since 2008 crisis

OPEC pushed on Thursday for a bigger-than-expected oil output cut to support prices that have been hit by the coronavirus outbreak, effectively presenting its...

PLN to receive Rp 9.6t from state coffers to build power infrastructure

State-owned electricity giant PLN is slated to receive Rp 9.6 trillion (US$695 million) in state capital injections (PMN) from the government this year to...

Cadillac unveils its first all-electric vehicle

Luxury automaker Cadillac on Thursday unveiled its first all-electric vehicle, hoping to gain an edge in the segment currently dominated by Tesla. The Lyriq won't...

Unemployment numbers fall to 6.82 million

Indonesia’s open unemployment rate slightly dropped to 5.01 percent in February this year from 5.13 percent in the same month last year thanks partly...

PGN mulls buying gas from Masela Block

State-owned subholding gas company PT Perusahaan Gas Negara (PGN) has expressed its interest to absorb the gas output from a multibillion dollar gas project...

Thirteen financial institutions get access to government’s civil registry database

Thirteen financial institutions including mobile payment service providers and peer-to-peer lending platforms have been granted access to the government’s civil registry data to expedite...

Islamic government bonds to fund projects worth $2b this year

The Finance Ministry is set to issue project-linked Sharia sovereign bonds (SBSN) this year to fund the development of 728 projects worth Rp 27.35...

Domestic investors dominate stock market amid pandemic

The recent stock market crash may have spooked foreign investors out of Indonesia, but domestic investors have swarmed and dominated transactions in the country’s...

House approves Destry Damayanti as BI senior deputy governor

Members of House of Representatives Commission XI overseeing monetary affairs on Thursday unanimously approved Destry Damayanti as Bank Indonesia senior deputy governor after a...

Indonesia seeks to renegotiate trade, investment deal with Japan

The government is seeking to expand access to the Japanese market, reduce tariffs and liberalize the movement of workers in tourism through Indonesia-Japan Economic...

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