The Finance Ministry will inject Rp 4.3 trillion ($300.1 million) into the Jakarta-Bandung high-speed railway, so that construction can continue on a project that has far outgrown its original budget ..read more

The injection is part of the government’s plan to inject Rp 75 trillion ($5.3 billion) into the sovereign wealth fund this year to finance infrastructure, tourism and technology projects ..read more

Mitbana, a joint venture company of Japan’s Mitsubishi Corporation and Singapore’s Surbana Jurong, has unveiled a partnership with Sinar Mas Land to develop a smart mobility solution through an integrated, sustainable and highly accessible public transit service in Bumi Serpong Damai (BSD) City in South Tangerang, Banten ..read more

Indosat Ooredoo and Google have announced a new strategic partnership to accelerate digital transformation across consumer and enterprise segments in the country by focusing on small and medium businesses (SMBs ..read more

Bank Indonesia and the Central Bank of the United Arab Emirates (CBUAE) recently signed a memorandum of understanding on financial technology, a cross-border payment system and measures against money laundering and terrorism financing ..read more

As the year-end holiday season approaches, the two indicators point to increased household spending, which has long been a key driver of economic activity in the country ..read more

Asian stock markets were becalmed on Wednesday as surges in oil and Chinese factory prices added to worries that a hot US inflation reading could renew pressure on policymakers to lift interest rates ..read more