Thursday, June 20, 2024

Tag: Technology

Indonesia’s e-commerce market is forecasted to exceed US$53 billion (Rp866 billion) by 2025, reflecting increased consumer confidence in online shopping and improving digital payment systems. […]
Jakarta − State oil and gas company PT Pertamina and Bakrie Group are collaborating to build the Nusantara Sustainability Hub in the Nusantara Capital City (IKN) meant for the International Institute of Sustainability Indonesia (IISI) to develop a world-class sustainable energy research centre and education facility. […]
Evermos, a Bandung-based startup in the social commerce sector that connects local suppliers and small distributors, has planned to issue initial shares, or initial public offering (IPO), in 2026. […]
Jakarta, June 4, 2024 − PT Pertamina Bina Medika Indonesia Healthcare Corporation (IHC), a state-owned hospital holding, signed a Memorandum of Understanding (MoU) with the National Cardiac Institute (IJN) of Malaysia. The collaboration is conducted to strengthen the field of health training and advance medical science in Indonesia. […]
Jakarta, May 27, 2024 − PT Perusahaan Gas Negara (PGN), a gas subholding of State energy company PT Pertamina, has paid off the remaining bonds worth US$396,709,000 in accordance to the maturity date as part of the repayment of the overall bond value of US$1.35 billion issued in 2014 and listed on the Singapore Exchange. […]
JAKARTA – The International Labour Organization (ILO), along with three trade unions on garment, on Sunday, May 26, 2024, launched a grievance application for the Indonesian garment workers. […]
JAKARTA – President Joko “Jokowi” Widodo launched Government Technology (GovTech) digital application called ‘INA Digital’ in Jakarta on Monday, May 27, 2024. […]
Jakarta, May 27, 2024 − The Business Competition Supervisory Commission (KPPU) has found indications of violation of Law No. 5/1999 on prohibition of monopolistic practices by Lazada Indonesia (PT Ecart Webportal Indonesia). […]
East Ventures, a pioneering venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, launched on Friday, May 24, 2024, the East Ventures – Digital Competitiveness Index (EV-DCI) 2024, the fifth edition since the annual report was first launched in 2020. […]
Legrand Indonesia, a leading provider of electrical and digital building infrastructures, joined forces with the Indonesia Data Center Provider Organization (IDPRO) to host the second edition of the Legrand Day 2024 – Data Center Summit, building on the success of its inaugural event. […]
PT Ayo Kasbon Indonesia, a financial technology startup, launched the innovative Ayo Kasbon financial services application in conjunction with Labour Day in Jakarta on Wedesday, May 1, 2024. The Ayo Kasbon application aims to facilitate employees or labourers to collect their salary earlier before the payday. […]
Starventure, an investor unicorn, aims to invest in more early-stage startups in Indonesia, offering resources and expertise to help startups become global players. […]
Countries in the Asia-Pacific region are beginning to address frequency spectrum for new technologies such as 6G and low earth orbit satellites like Starlink and OneWeb. The issue was discussed at the 10th Asia Pacific Spectrum Management Conference (APSMC) 2024. […]
The conflict between Iran and Israel, along with the weakening of the rupiah against the US dollar, is feared to impact the data center business in Indonesia. […]
Coordinating Minister of Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has announced that the government is prepared to provide incentives to attract investments from Apple Inc., akin to those in India and Thailand. […]
President Joko “Jokowi” Widodo met with Apple CEO at the Merdeka Palace in Jakarta, on Wednesday, 17 April 2024, discussing Apple’s strategic plans, including opportunities for the American comoany’s expansion in Indonesia and deeper integration into the global supply chain. […]
Indonesian telecommunications company, XL Axiata, has asked the government to reduce the Frequency Usage Fees (BHP) to expedite the implementation of 5G networks, a crucial agenda in advancing technology in the country. […]
In a groundbreaking collaboration, American chip giant Nvidia, in partnership with PT Indosat (ISAT), is set to invest in the field of artificial intelligence (AI) in Indonesia. The technology behemoth will inject US$ 200 million (IDR 3 trillion) into the development of an AI center in Surakarta, Central Java. […]
Indonesian Minister of Communication and Informatics Budi Arie Setiadi has revealed that chief representatives of two U.S. computer giants − Microsoft and Apple − are scheduled to come to Jakarta to discuss further of investment plans in Indonesia.  […]
A new pioneering Carbon Capture and Storage (CCS) technology using green algae (G-algae) based materials in photo tanks is being developed in Indonesia through the collaboration of Greenlabs Indonesia and Jubelo. […]
The Ministry of Communication and Informatics has collaborated with Microsoft to accelerate digital transformation and the adoption of artificial intelligence (AI) technology in Indonesia. […]
Xendit, a leading Indonesian fintech unicorn specializing in payment solutions, has announced its expansion into Thailand, marking its foray into the thriving digital economy of Southeast Asia’s second-largest digital market. […]
The Indonesian Ministry of Trade has raised concerns about the negative impact of the Free Trade Agreement (FTA) between Vietnam and the European Union (EU) on the domestic pharmaceutical industry. […]
State electricity company PT PLN has again set up collaboration with electric vehicle manufacturers to provide home charging services, securing this time an agreement with BYD Motor, currently the world’s biggest electric vehicel seller, to develop infrastructure and ecosystems for battery-based electric vehicles. […]
Vela Alpha, a drone developed by PT Dirgantara Indonesia or PTDI in collaboration with PT Vela Prima Nusantara, also known as Vela Aero, made its appearance at the Singapore Airshow 2024 aviation exhibition. […]
PT GoTo Gojek Tokopedia (GOTO) has officially announced the completion of TikTok’s US$ 2.3 billion (IDR 36.2 trillion) investment in Tokopedia, following an agreement reached on December 11, 2023. […]
The Financial Services Authority (OJK) reveals that investment in Indonesian startups witnessed a staggering 87 percent year-on-year decline, plummeting from US$ 3.3 billion to a mere US$400 million or approximately IDR 6.3 trillion during the first semester of 2023. […]
S&P Global reported that Indonesia’s Manufacturing Purchasing Managers’ Index (PMI) stood at an expansionary level of 52.2 in December 2023, representing a 0.5-point increase from November 2023, where it was at 51.7. The achievement of a PMI at the end of 2023 signifies the rapid pace of Indonesia’s manufacturing sector in the last three months, continuing the trend of manufacturing […]
The government says that the entire investment plan of China’s battery giant, Contemporary Emperex Technology Co. (CATL), amounting to US$5.8 billion or Rp 90.50 trillion has been finalized from upstream to downstream. PT Aneka Tambang Tbk. (Antam) has completed the sale and purchase agreement (SPA) transactions for the shares of its subsidiaries, PT Sumberdaya Arindo (SDA) and PT Feni Haltim […]
Trade Minister Zulkifli Hasan has provided remarks on ByteDance Ltd., the parent company of TikTok, purportedly entering into an extensive partnership with PT Gojek Tokopedia Tbk. (GOTO) to create a new e-commerce venture. […]