Industry
Industry

Trade Winds of Change: Indonesia’s Shift to Import Substitution

Since the beginning of his reign, one of President Joko Widodo's obsessions has been to optimize added value within the country to encourage domestic production and national economic growth. One of the consequences is import substitution.

XL-Smartfren Merger Edges Closer Amid Starlink's Debut in Indonesia

The negotiations between Axiata and Sinar Mas regarding the merger of XL and Smartfren are reportedly intensifying. Given the tighter competition landscape, with a new challenger, Starlink, entering the mark, the urgency for consolidation might increase.