Indonesia

The controlling shareholder paid about twice KV Asia’s 2021 price to reclaim the stake, backing a premium push even as profits fell.

The Singapore-based executive will lead Meta’s advertising teams in six ASEAN markets as the company bets on AI and messaging for growth, weeks after its India and Southeast Asia chief left for OpenAI

The country is pushing connectivity beyond urban broadband expansion to transform its remote frontier regions into digital public-service and commerce hubs.

Jakarta – Indonesia implemented a fiscal restructuring programme in 2025 under President Prabowo Subianto, generating an estimated fiscal impact of approximately US$30 billion while maintaining the fiscal deficit within the statutory 3 percent ceiling and keeping government debt at around 40 percent of GDP. The programme focused on expenditure rationalisation, enforcement measures, and recovery of […]