Indonesia’s huge, tech-savvy population is a key market for Apple but sales of the new iPhone 16 remain banned in the country
Losing out on the Indonesian market could be significant to Apple at a time it is struggling to bolster sales in China, which has been one of its top markets
China and Indonesia account for 70% of global supplies of nickel, but producers in the countries have become unprofitable after the battery metal shed more than 80% of its price since last year
The $7.3bn flagship project of President Joko Widodo has been delayed by the pandemic and soaring costs
Jakarta said the ban, which is effective immediately, is intended to protect its offline merchants and marketplaces
The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island
"We are finalising negotiations with two big global car producers. We hope this new policy will make our position much stronger than before," senior cabinet minister Luhut Pandjaitan said
Indonesia is targeting 20% of overall car sales in 2025 being electric vehicles, chief economics minister Airlangga Hartarto said
The fund will invest in the EV value chain to capture a market that is expected to grow fast globally, its CEO Ridha Wirakusumah said
Southeast Asia’s largest economy has been reaping the rewards an export boom due to high commodity prices
Jakarta’s stock market is Asia's best performer this year and the rupiah held out against a forceful US dollar until last month when it slid slid 2.5%
Indonesia's chief economic minister Airlangga Hartarto met with Toyota vice-chairman Shigeru Hayakawa on Tuesday in Tokyo, the Jakarta ministry said