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Sea Stock Jumps As Shopping Demand Boosts Profit

(Bloomberg) -- Shares of Sea Ltd. jumped the most in more than a year-and-a-half after its e-commerce business reported its...

Tencent Cloud Commits $500 Million for Infrastructure Development in Indonesia by 2030

GoTo Group, Tencent Holdings (TCEHY, Financials), and Alibaba's (BABA, Financials) Cloud division have signed agreements to strengthen cloud infrastructure and...

Apple Proposes $10 Million Investment to Lift iPhone 16 Ban in Indonesia

Apple (AAPL, Financials) is proposing a $10 million investment to meet Indonesia's local manufacturing requirements, aiming to lift a recent...

Apple offers Indonesia US$10 million sweetener to reverse its iPhone ban

Apple Inc. has proposed investing almost US$10 million to make additional goods in Indonesia, according to people familiar with the matter, as it seeks...

Indonesia blocks Google Pixel sales after ban on iPhone 16 | TechCrunch

Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days after blocking Apple’s iPhone 16 in Southeast Asia’s...

Joko Widodo’s mixed legacy – from infrastructure triumphs to democratic concerns

As Joko Widodo prepares to leave office after a decade as Indonesia’s president, he bequeaths a mixed legacy: a nation reshaped by ambitious infrastructure...

Discount shopping giant Temu enters Vietnam and Brunei amid Indonesia ban

Temu’s website in Vietnam, however, showed that the company’s foray into one of the fastest-growing economies in the region was apparently rushed. It currently...

Indonesia bans Temu over fears Chinese shopping giant will ‘destroy’ local SMEs

Indonesia has banned Chinese online marketplace giant Temu to protect its micro, small and medium-sized enterprises from getting “destroyed” and prevent cheap products from...

Orbia’s Building & Infrastructure Business Wavin Opens New Production Facility in Indonesia

BATANG, Indonesia, October 03, 2024--(BUSINESS WIRE)--Today, Orbia Advance Corporation S.A.B. de C.V.’s (BMV: ORBIA*) Building & Infrastructure (B&I) business, Wavin, formally opened its new...

Why China’s belt and road push could give it an edge in Southeast Asia

Southeast Asia is playing an ever-growing part in China’s investment and diplomatic decisions, particularly as Beijing’s rivalry with Washington heats up. In the third...

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