Bukalapak says millions of users’ private info safe amid reports e-commerce site was breached by hacker

Indonesian e-commerce platform Bukalapak has played down concerns about the data of its users being sold on the dark web after reports emerged that the startup unicorn was among those targeted in a huge hacking breach involving several sites and millions of users worldwide.

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Business watchdog to investigate Telkom’s block of Netflix for possible fair business practices breach

Business watchdog to investigate Telkom’s block of Netflix for possible fair business practices breach

Since Netflix became available in Indonesia in 2016, the video streaming platform has remained unavailable to a large number of Indonesians — specifically, customers of...

AirAsia pulls all flights from travel app Traveloka over alleged ‘favoritism’ of other airlines

AirAsia pulls all flights from travel app Traveloka over alleged ‘favoritism’ of other airlines

AirAsia says it has permanently withdrawn all ticket sales from Indonesian travel app Traveloka, effective yesterday, following weeks of allegations about unfair business...

Indonesia, Australia sign long-awaited trade deal

Indonesia, Australia sign long-awaited trade deal

Indonesia and Australia on Monday signed a long-awaited trade deal after months of diplomatic tension over Canberra's contentious plan to move its embassy to Jerusalem.

Government to launch LinkAja e-payment system to rival Go-Pay & Ovo in early March: State Enterprises minister

Government to launch LinkAja e-payment system to rival Go-Pay & Ovo in early March: State Enterprises minister

As Indonesia’s fintech industry continues to grow, consumers have benefited from the rise of mobile wallets, as such as Go-Pay, Ovo and Dana, which have been trying to outdo...

Hundreds of Indonesians report getting ripped off by Bitcoin investment scam

Hundreds of Indonesians report getting ripped off by Bitcoin investment scam

Bitcoin investors beware.

Indonesian IT Minister says ‘Instacelebs’ should have to pay taxes on endorsement deals

Indonesian IT Minister says ‘Instacelebs’ should have to pay taxes on endorsement deals

IT Minister Rudiantara argued that it was only fair that social media influencers paid taxes on income from endorsements just like other celebrities are taxed on income from...

Indonesia proposes Philippines greenlight Go-Jek expansion in exchange for entry of Filipino unicorn Revolution Precrafted

Indonesia proposes Philippines greenlight Go-Jek expansion in exchange for entry of Filipino unicorn Revolution Precrafted

Could this "unicorn swap" bring benefits to both countries?

Lion Air and Wings Air scrap free baggage allowance, introduce new charges

Lion Air and Wings Air scrap free baggage allowance, introduce new charges

Airlines operated by the Lion Group, which include Lion Air and Wings Air, are known to be among the most affordable low cost carriers in Indonesia, but travelers who travel with...

Lion Air CEO says passengers down less than 5% in November following JT-610 crash

Lion Air CEO says passengers down less than 5% in November following JT-610 crash

Despite the deadly crash on October 29, CEO Edward Sirait said that the number of passengers that flew Lion Air in November was down less than 5% from November of 2017, a decline...


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Coconuts Jakarta Business

There’s a popular statistic among Indonesians - although its origin is unknown, hence its validity is questionable - that around 60 percent of Indonesia’s money flows through the main business strip of Jalan Sudirman to Jalan MH Thamrin in Jakarta. Whether it’s true or false, it’s certainly the most centralized business district in Indonesia, consisting of many of the world’s leading financial institutions like banks and insurance companies. This is partly the reason why Jakarta keeps on attracting outsiders - either Indonesians or expatriates - to look for jobs or for investment opportunities in Indonesia’s capital city. Indonesia’s not that bad a place to invest in either, as it’s one of the few countries in the world that has experienced a steady economic growth in recent years despite scares of global economic meltdown.