Indonesia

Zetrix AI expands ASEAN China AI lab to Indonesia

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, has signed a teaming agreement for the establishment of the ASEAN China AI Lab in Indonesia, making it the second such center after the opening of the government to government (G2G) endorsed project’s flagship in Malaysia earlier this year.

Indonesia’s GoTo reaffirms 2025 adjusted EBITDA guidance after record breaking performance

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reaffirmed its 2025 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of Rp1.4 trillion ($86.89 million)- Rp 1.6 trillion and remains on track to meet full-year targets.

Indonesia’s Siloam Hospitals accelerates digital transformation and AI-driven innovation with AWS Cloud

Indonesia's largest private hospital network Siloam Hospitals is accelerating digital transformation and artificial intelligence (AI)-driven innovation with Amazon Web Services (AWS) Cloud.

World Mobile and Protelindo enhance global connectivity with Stratospheric connection

World Mobile, a global aerostats and blockchain-driven telecommunications infrastructure firm, has joined forces with Protelindo, Indonesia’s largest digital infrastructure company, to launch a stratospheric connectivity platform, World Mobile Stratospheric.

Malaysia, Indonesia and Thailand expand local currency transaction framework

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the appointment of additional qualified commercial banks to operationalize the Local Currency Transaction Framework (LCTF).

MEXC Ventures Invests in Indonesia’s crypto exchange Triv at $200M valuation to accelerate SEA expansion

MEXC Ventures, the investment arm of global cryptocurrency exchange MEXC, has announced a strategic investment in Triv, one of Indonesia's most established and prominent cryptocurrency exchanges, which currently holds a valuation of $200 million.

Singapore’s Thorcon International announces nuclear power plant regulatory approval from Indonesian government

Thorcon International, an innovative nuclear technology developer based in Singapore, has received official approval for the Kelasa site evaluation plan (PET) and the site evaluation management system plan (SMET) from nuclear regulator, BAPETEN.

Bukalapak’s revenue grows 12% quarter-on-quarter in 2Q

Indonesian e-commerce company Bukalapak announced Wednesday that its revenue for the second quarter grew by 12 percent quarter-on-quarter to Rp 1.6 trillion ($97.6 million), driven primarily by strong performance in the gaming and investment segments.

VinFast Indonesia to expand dealership network to 85 showrooms nationwide

VinFast, the Vietnamese Nasdaq-listed electric vehicle (EV) manufacturer, has officially signed agreements with 20 new dealership partners which will bring VinFast closer to its goal of operating 100 dealership showrooms this year.

PT KAI partners with Zimbra to strengthen cyber resilience in Indonesia’s public sector

Zimbra, the global open-core email and collaboration platform, is strengthening Indonesia’s public sector cyber resilience through its partnership with PT Kereta Api Indonesia (PT KAI).