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.

The massive surge in seized assets including foreclosed collateral sales continues with more on the horizon.

The presidential candidates' teams have publicly shared their views on Indonesia's EV ambition, signaling potential plan changes if they win.

PegiPegi marks the second online travel startup acquired by Traveloka-affiliated Jet Tech Innovation Venture in 2018 to shut down.

TikTok will take over control of Tokopedia from GoTo, in response to Indonesia's social commerce restrictions. This strategic partnership between social media and e-commerce giants might pave the way for a trend in Southeast Asia.

Local conglomerates compete head-to-head with global counterparts in Indonesia's data center industry. The government's consideration of data localization enforcement adds momentum to the sector's growth.

Numerous startups reportedly have substantially improved profitability, with Grab Holdings achieving a historic milestone in core profit. Expect a rise in IPO-ready companies.

TikTok shop has created a battlefield where SMEs collide with influencers, and corporate titans fight their own battles—a hint on why there is so much fuzz.

Indonesia’s legendary conglomerates teamed up with the government to drive the National Capital City (IKN) Nusantara mega-project. Efforts are underway to revise laws to ensure project continuity.

The European Union (EU) has been repeatedly targeting Indonesian biodiesel with various measures. The latest one is an investigation into the alleged circumvention of import duties by Indonesian exporters.