Alongside the launch of QRIS in Japan on Independence Day, the central bank plans to start testing the digital payment system for future implementation in China.
3 days agoInside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing. ...
1 week agoJapanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years. ...
1 week agoAkseleran plans to use some of its IPO proceeds to acquire local multifinance firm PT Pratama Interdana Finance.
1 year agoSydney-based private company Facilitate Corp on June 29 filed the suit in the United States District Court for the Northern District Of California claiming breach of contract over Twitter's failure to pay its invoices.
1 year agoThe EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it even exists.
1 year agoLow-value plastic waste is more expensive to recycle than to produce, but one recycling start-up has found a way to process them and turn a profit.
1 year agoIndonesian livestreamer Christine Febriyanti stood in a room crammed with clothes in Jakarta, hawking colorful garments to hundreds of viewers on a TikTok livestream for a local fashion brand.
1 year agoFounded in 1804 in Japan, Shimizu Corporation has been striving to create values for its clients in the field of design and build engineering with the spirit of master builder for over 200 years.
1 year agoBillionaire entrepreneur Elon Musk expects his brain-chip startup Neuralink to start its first human trial this year, he said on Friday in France.
1 year agoSoutheast Asia, a region with a collective population of 630 million - half of them under 30 - is one of TikTok's biggest markets in terms of user numbers, generating more than 325 million visitors to the app every month.
1 year agoResearchers and campaigners mull over the future of their industry as the virtual confronts the real.
1 year agoFounders of homegrown start-ups are increasingly taking on investor roles in early-stage ventures in a sign that Indonesia's startup ecosystem is maturing.
1 year agoWhat we need is a space for conversation, to engage and uncover all the quests that businesses like fintech companies struggle with in adapting to digital challenges. This issue was addressed in the Huawei Cloud Indonesia FinTech Summit, themed Unlocking New Growth in FinTech with Huawei Cloud.
1 year agoThe bill is designed to support local news organizations, which have been decimated in recent years as ad revenue bled away to Google and Facebook, both advertising behemoths.
1 year agoIndonesian mortgage tech start-up Ringkas gets early-stage investment from domestic and foreign venture capital firms.
1 year agoMost artificial intelligence (AI) development is happening elsewhere for now, but investors in Indonesia and abroad are ready to pounce on the use cases the cutting-edge technology promises to unlock in Southeast Asia’s largest economy.
1 year agoNusantara Capital City (IKN) is a megaproject of unrestrained ambition, as the planners of Indonesia’s future capital envision facilities straight out of science fiction.
1 year agoSoutheast Asia's coffee tech start-ups are securing funding and branching out to maximize profitability, pushing café culture against the tide of the "tech winter" in other sectors.
2 years agoMontana on Wednesday became the first US state to ban TikTok, with the law set to take effect next year as debate escalates over the impact and security of the popular video app.
2 years agoIndonesians can now use the popular Quick Response Indonesia Standard (QRIS) to make payments in Malaysia as the two countries take a major step forward in integrating digital transaction systems.
2 years agoThe Indonesian start-up, which offers supply chain solutions to direct-to-consumer (D2C) Praktis businesses, has secured US$20 million in first-round funding after posting quadruple sales growth in 2022.
2 years agoThe announcement came as Musk has been struggling, amid frequent controversy, to make Twitter profitable.
2 years agoLow insurance penetration in the country indicates that the market is still very wide and open for further expansion.
2 years agoIndustry insiders say the increasing role of institutions marks a natural progression for peer-to-peer (P2P) lending, but analysts point to possible liquidity risks.
2 years agoOne of the driving forces behind the cashless payments trend is the central bank's effort to provide the infrastructure, such as through QRIS and BI-FAST.
2 years agoAsking ChatGPT for investment advice has become a trend lately, with many users assuming perhaps that the bot’s ability to sift through lots of information almost instantaneously makes it perfect for finding the best path through the complex financial jungle.
2 years agoA survey conducted by Boston Consulting Group in collaboration with Indonesia’s AC Ventures shows that financial technology users are having a hard time choosing which app to rely on.
2 years agoChina is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by US efforts to limit Beijing's access to advanced chip technology.
2 years agoPT Bukalapak.com has posted a full-year net profit of Rp 1.9 trillion (US$1.2 billion) for 2022, but that was mostly owed to a strong first quarter thanks to unrealized investment gains.
2 years agoThe investment, which was completed a year after a failed IPO, is aimed at helping Kredivo with existing business operations and support its move into digital banking.
2 years agoA weak cash position and aggressive competition make the journey a hard one for Indonesia’s biggest tech firm, analysts say.
2 years agoAs Indonesian companies rise to make a global impression, threats abound that can hinder seemingly precarious growth, including common ones like fraud. Luckily, this issue is no stranger to founder and CEO Edwin Budiman of ED-SEN Consulting.
2 years agoShare your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
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