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Private equity firm Creador acquires Indonesia’s hospitality marketplace MG Group
Heaptalk, Jakarta — Malaysia-based private equity firm Creador has officially acquired a controlling stake in Indonesia's B2B hospitality...
Microsoft to pour $80b in data centers for AI this year
Heaptalk, Jakarta — Microsoft announced its plan to spend $80 billion in fiscal 2025 establishing...
VAT increase to 12% causes mixed reactions among retailers
Heaptalk, Jakarta — Before it was finally decided to apply only to luxury goods, the...
Officially stipulated, here is the 12% VAT calculation
Heaptalk, Jakarta — Indonesia’s government has determined the 1% increase in Value-Added Tax (VAT) rates, from 11% to...
Roxi leverages blockchain for transparent carbon projects
Heaptalk, Jakarta — Rantai Oxygen Indonesia (Roxi) offers blockchain technology to develop high-quality carbon projects....
Mitsubishi Motors Achieves 1 Million Units Production in Indonesia
Heaptalk, Jakarta — PT Mitsubishi Krama Yudha Tiga Berlian (MMKI) announced that Mitsubishi's production in Indonesia had...
Indonesia’s inflation rate 2024 hit the lowest in history
Heaptalk, Jakarta — Indonesian Statistics (BPS) reported that Indonesia’s inflation rate December 2024 contracted to...
Apple to further do investment negotiation in Indonesia next week
Heaptalk, Jakarta — US-based company Apple will reportedly visit Indonesia to discuss its ongoing investments, Minister...
Thomson Reuters acquires SafeSend for $600m, aiming to simplify the tax process
Heaptalk, Jakarta — Thomson Reuters Corporation, a content and tech firm, has acquired SafeSend, a...
Industrial Confidence Index in December 2024 declines slightly due to cheap imported goods influx
Heaptalk, Jakarta — The Industrial Confidence Index (IKI) for December 2024 remained in the expansion...
Ministry of Tourism optimistic about achieving international tourist visit target in 2025
Heaptalk, Jakarta — Deputy Minister of Tourism Ni Luh Puspa began activities on the first...
During the 2025 New Year holiday period, 426,000 vehicles leave Jakarta
Heaptalk, Jakarta — PT Jasa Marga, a state-owned enterprise in toll road operations, recorded that...
Trade Minister to review controversial textile regulation
Heaptalk, Jakarta — Indonesia's Trade Minister Budi Santoso has announced plans to review Trade Ministerial Regulation...
Indonesia’s Govt decided to impose 12% VAT only for luxury goods
Heaptalk, Jakarta — Indonesia's government has determined that the 1% increase in Value-Added Tax (VAT) rates,...
Erajaya becomes exclusive distributor of Xpeng electric cars in Indonesia
Heaptalk, Jakarta — Embarking 2025, Erajaya Active Lifestyle (Eral), a retail and distribution company of...
President Prabowo Urges Regional Leaders to Safeguard Palm Oil Plantations
Heaptalk, Jakarta — President Prabowo called on regional leaders and law enforcement agencies to protect and maintain the...
Closing this year’s trading, Indonesia’s IDX to captivate 2mn new investors in 2025
Heaptalk, Jakarta — Indonesia's Stock Exchange (IDX) officially closed its 2024 trading year on Monday, December...
