Leading technology company PT Tokopedia announced on Wednesday that it had secured US$1.1 billion in its latest financing round, led by the SoftBank Vision Fund and Alibaba Group with participation by Softbank Ventures Korea and other existing investors. Tokopedia said in a press statement that it planned to use the funds to build technology and infrastructure that empowers millions of local businesses to grow to drive financial inclusion in Indonesia

Foreign workers will be able to stay longer but hurdle remains for permanent residency

PT Isuzu Astra Motor Indonesia (IAMI) in 2018 is eyeing the increase of factory sales to dealers or wholesales sekitas 32.50% or to 26,500 units. The company estimates that 2017 will be closed with 20,000 units.

The target of natural gas production from the Mahakam block in 2018 amounted to 916 million cubic feet per day or decreased by 32.65% compared to the realization as of November 2017.

Recently issued Government Regulation No.47 of 2017 on the addition of State Equity Participation to PT Inalum (Persero) as the basis for the establishment of SOEs mining industry corporation ready to be sued to the Supreme Court by a number of parties.

San Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards.

U.S. Agriculture Secretary Sonny Perdue on Thursday sought a "very quick agreement" with Japan on tariff cuts for agricultural goods as part of efforts to reach a bilateral trade deal.