Ursula Florene

As domestic travel increases, budget hotel startups are answering staycation and local business travel demand with midscale offerings in Southeast Asia.

The number of crypto investors in Indonesia now exceeds its 2.2 million stock traders, per data released in March by the Indonesian Stock Exchange.

The beauty-focused social commerce platform has over 4,500 active resellers that carry beauty products, mostly from Japan and Korea, for Indonesian customers.

Customer misunderstanding of cash on delivery is a big part of the problem, experts say.

Couriers of logistics company Lalamove are protesting late payments and a harsh penalty system.

After three days of refusing orders, GoKilat drivers are expected to start working under the reduced incentive scheme.

Drivers say their income from bonuses would be slashed by 50% under the new scheme.

E-commerce made up 20% of retail sales in Indonesia last year. Analysts say it could reach up to 40%.