Google has reportedly been ordered by Indonesia’s antitrust agency to pay fines of 202 billion rupiah (about $12.4 million) for alleged unfair business practices. The...
Apple’s latest iPhone is reportedly still banned in Indonesia over the country’s content requirements. The tech giant had proposed a $1 billion investment in local...
HSBC is reportedly considering scaling back its retail banking operations in Mexico, Malaysia, Indonesia and some other countries. The bank is considering focusing only on...
Indonesia has banned Apple’s newest iPhone, hindering sales in one of the world’s largest countries. The ban on sales of the iPhone 16 came after Apple apparently failed to...
Cross-border payments company Nium has launched a collaboration with Bank Rakyat Indonesia (BRI). The partnership lets BRI’s 150 million-plus account holders — many of whom live in remote parts of Indonesia,...
B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with...
Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved...
Enterprise-focused cross-border payments platform PingPong has won approval to do business in Indonesia. Bank Indonesia, the country’s central bank, has granted the company a payment...