Indonesia

In a bid to replicate the success of its South Korean hit ‘Squid Game’, Netflix Inc. (NASDAQ:NFLX) is boosting its local content production in Southeast Asia. What Happened: Netflix is increasing its investment in original programming in Southeast Asia, particularly in Indonesia and...

Experts agree that Indonesia's president-elect Prabowo Subianto will continue to build up the nation's vertically integrated nickel industry. What is less certain is how he will balance the nation's relationship with China—currently the biggest foreign investor in the country's nickel industry—with...

SpaceX CEO Elon Musk has been lauded for launching Starlink’s satellite internet service in Indonesia, a move aimed at enhancing connectivity in the country’s remote areas. What Happened: On Sunday, Musk along with Indonesian Health Minister Budi Gunadi Sadikin, introduced the...

SpaceX CEO and billionaire Elon Musk will visit the southeast Asian nation of Indonesia over the weekend to launch Starlink in the country. What Happened: “Yeah, looking forward to the official launch of Starlink in Indonesia!,” Musk wrote, confirming reports. Yeah, looking forward...

Microsoft Corp (NASDAQ:MSFT) has announced a $2.2 billion investment in Malaysia’s cloud and artificial intelligence (AI) services over the next four years. What Happened: Microsoft’s investment is its largest in Malaysia in 32 years. The investment will be used to expand cloud and AI...

Microsoft Corporation (NASDAQ:MSFT) has committed to a $1.7 billion investment in Indonesia’s cloud services and artificial intelligence (AI) over the next four years. What Happened: Microsoft CEO Satya Nadella announced the investment during his visit to Jakarta, Reuters reported on Tuesday...

When Indonesia's new president, Prabowo Subianto, assumes office in October he'll preside over the world's biggest nickel reserves and is widely expected to continue policies that have led to a global price slump for the battery metal and stainless steel ingredient.  The Southeast Asian nation...

U.S. tech giant NVIDIA Corp (NASDAQ:NVDA) has announced plans to build a $200 million artificial intelligence (AI) center in Indonesia, marking a significant step in its Southeast Asia expansion strategy. What Happened: Nvidia is partnering with Indosat Ooredoo Hutchison, a local telecommunications...

In a bid to revamp its tourism sector, Indonesia is considering adopting the ‘Swiftonomics’ strategy, named after the singer Taylor Swift, to attract more visitors and extend their stays. What Happened: The Indonesian government is contemplating offering more incentives for hosting...

In a recent development, Prabowo Subianto, a former general with a controversial human rights record, has declared victory in the Indonesian presidential election. What Happened: Subianto, 72, announced his victory on Wednesday in Jakarta, Indonesia, as reported by Politico. The official results...

In a bid to court the crucial youth vote, Indonesia’s presidential candidates are turning to TikTok, the popular social media platform, to connect with voters ahead of the Feb. 14 election. What Happened: The three leading candidates are leveraging TikTok’s massive user base in...

TikTok, a subsidiary of ByteDance Ltd., is set to inject $1.5 billion into a partnership with Indonesia’s GoTo Group. This collaboration, announced on Dec. 11, 2023, will enable the Chinese social media behemoth to relaunch its shopping application in its primary online retail market. What...

Amid escalating tensions between the U.S. and China, a group of five nations has emerged as significant connectors in the fragmenting global economy. These countries are Vietnam, Poland, Mexico, Morocco, and Indonesia. These nations have been identified as crucial links due to their strategic...

Tesla Inc. (NASDAQ:TSLA) may soon announce a battery material factory in Indonesia, according to Indonesian officials. However, this news should be approached cautiously and taken “with a grain of salt,” Electrek reports. Senior Minister Luhut Pandjaitan disclosed his meeting with...

Tesla Inc. (NASDAQ:TSLA) is among several automakers being courted by Indonesia as the country intensifies its efforts to attract global automakers, Teslarati reports. Indonesia’s Attractive Incentives: High-level discussions have been taking place between Tesla CEO Elon Musk and Indonesian...