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First driverless Volvo Electric bus

Autonomous public transportation in Indonesia's new capital: What to prepare

Besides Japan, other countries like South Korea, the United Arab Emirates (UAE) are ready to develop in North Penajam Paser Regency, East Kalimantan.
Jan 17, 2020
By Yasmin Rasidi
Man smoking cigarette

Will the increase in cigarette price affect Indonesia's poverty rate?

The BPS data for the 2006-2017 discovered expenses for cigarettes came as the second-highest household expense in rural and urban low-income families.
Jan 16, 2020
By Yasmin Rasidi
Donald Trump

Iran accuses Europe of yielding to 'high school bully' Trump in nuclear row

The nuclear dispute lies at the heart of Iran's long-running standoff with the West that spiraled into open conflict this month
Jan 16, 2020
By Reuters
Renault

'Real desire' to make partnership with Nissan work, says Renault chairman

The arrest of its former chairman and CEO, Carlos Ghosn, on financial crimes charges in November 2018, led to chaos within the company
Jan 16, 2020
By IBTimes APAC Desk
Singapore city

Singapore witnesses seven-year high in business investment commitments

The commitments for investments in fixed assets such as facilities, machinery and other types of equipment surged to S$15.2 billion
Jan 16, 2020
By IBTimes APAC Desk
U.S.-China trade deal

US-China ink the Phase I of trade deal; what all are covered in the agreement?

After negotiations spanning over a year, US President Donald Trump and Chinese Vice Premier Liu He signed the Phase I of trade deal at White House on Wednesday
Jan 16, 2020
By Shubhangi Shah
Jeff Bezos

Amazon to pump in $1 billion to digitize SMBs in India, says Jeff Bezos

The comments come a day after India's antitrust authority ordered an investigation into Amazon and Walmart-owned Flipkart for violating competition rules
Jan 16, 2020
By R. Ghosh
Amazon prime
Hyundai logo

Hyundai to launch new Genesis SUV in an attempt to expand in overseas market

Hyundai has been suffering particularly in the United States with an increasing number of Americans shunning cars and going for SUVs
Jan 16, 2020
By R. Ghosh
China

US records an increase in patents from mainland China companies

Reports said that there has been a 15 percent increase from 2018 for the patents approved in the US for Chinese mainland companies
Jan 15, 2020
By IBTimes APAC Desk
Indofood Agri Resources

How does Indonesia benefit from India's boycott on Malaysia's CPO?

CPO is Malaysia's agricultural biggest export, accounting for 4.5 percent of the country's total exports
Jan 15, 2020
By Yasmin Rasidi
US China flag

Expectations soar as US-China gear up to sign phase one trade deal

The signing of the "phase one" trade deal will also mark the beginning of reforms to China's long-standing policy of technology transfer by foreign companies
Jan 15, 2020
By R. Ghosh
Ryanair

Ryanair expects to start getting Boeing 737 Max deliveries by April

Earlier this month, Ryanair had said that the first deliveries of Boeing 737 Max could get delayed till October
Jan 15, 2020
By R. Ghosh
Chow Tai Fook

Hong Kong exodus begins: World's 2nd largest jewellery chain Chow Tai Fook closing 15 stores

Chow Tai Fook is only behind Tiffany & Co in terms of market value. The luxury retailer has 86 retail outlets in Hong Kong
Jan 14, 2020
By Jacob J
Iran missile test

Why the US-Iran spat does not affect Indonesian rupiah

Despite the rebound in the stock market, analysts argued that investors ignored possible Iran's threat of revenge for the general's demise
Jan 14, 2020
By Yasmin Rasidi
Amazon

Amazon, Walmart's Flipkart face antitrust probe in India for violating competition rules

The news comes on the same day Walmart fired 56 employees in India in a bid to resurrect its business in that country
Jan 14, 2020
By R. Ghosh
Amazon prime
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