The Indonesian branch of financial technology firm VENTENY has announced plans for an initial public offering (IPO) next month in a move its founder says is central to the company’s growth strategy.

Initially, Yoon was scheduled to meet with Musk face-to-face at the B-20 summit in Bali. However, the meeting was canceled as Musk was unable to make the trip to Bali. Instead, they decided to meet virtually at 10 a.m. (local time).

As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.

Indonesian tech firms are proposing new ways to make farming more efficient at a time when food security is causing headaches around the world, but the start-ups have some convincing to do to get farmers on board.

The layoff wave that has been sweeping through the Indonesian-tech landscape within the past two months is nothing surprising, experts say, as the situation is bound to happen across the globe, insinuating a similar trend recently happened among tech giants in Silicon Valley.

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity," or leave.

Gojek and Grab have dominated Indonesia’s ride-hailing sector for years, but two new players with Russian roots – inDrive and Maxim – have arrived to contest the giants’ supremacy.

The saga, centred on FTX's lack of liquidity, is reverberating across the global cryptocurrency landscape, as market players also mull the response of financial regulators.

An alleged corruption in 4G base transceiver station (BTS) provision for the frontier, outermost and remote regions (3T) will cause great damage to the Indonesian people, experts say, as the case will most likely halt the government’s priority program to fast-track high-speed network deployment throughout the archipelago.    

A report published by Google, Temasek and Bain & Company forecasts that Indonesia’s digital economy GMV will reach $77 billion this year and grow at 19 percent annually over the coming years.

The global defense business has moved beyond procurements and delivery of goods to embrace long-term partnerships, particularly in technology development and transfers.

Current production of Satria-1 megaproject has entered a critical phase; it is hoped that cooperation with Thales Group could run smoothly so that the launch of the multifunction satellite could be carried out on schedule in July 2023. 

The company, known as Ceer, "will contribute to Saudi Arabia's efforts towards carbon emissions reduction and driving sustainability to address the impact of climate change," the official Saudi Press Agency said.

A semiconductor industry is an expensive investment due to its advanced and rapidly evolving technology that requires regular upgrading.

United States sanctions on the Chinese semiconductor industry affect not only those two countries, but also the global supply chain, as revealed by Singaporean industry insiders.

The city-state is still Asia Pacific’s best sandbox for early-stage start-ups, but other countries in the Southeast Asian region are becoming more competitive, tech industry insiders say.

Japan’s Mitsui & Co and Indonesian construction firm Surya Semesta Internusa invest in solar power start-up.

Sustainability has become a hot topic, not only for government policymakers but for corporate leaders as well. In the coming years, sustainability issues will play a huge role in defining corporate agendas and could recalibrate the relationship between business and society. These developments are welcome, and corporate leadership is needed now more than ever.

Many believe that conventional banks will eventually catch up to financial technology (fintech) platforms and digital banks in terms of retail banking competitiveness, but industry players hinted that collaboration with them might be the key to success as it can be more efficient.

An Indonesian start-up working with the Tourism and Creative Economy Ministry in a waste management program says it needs more trash to scale-up operations and eventually process recyclables in the country rather than exporting them.

Bank DBS Indonesia issued a short-term loan worth Rp 500 billion to aquaculture start-up eFishery, as announced in a signing ceremony held on Friday.

The increasingly popular adoption of artificial intelligence (AI), big data and Internet of Things (IoT) globally in recent times has affected the demand for chip computing and talented semiconductor workers.

The Communications and Information Ministry has once again postponed the analog switch-off (ASO) program for Jakarta, leading experts to question whether digital television broadcast in Indonesia will be feasible in time.

Indonesian developers seek to follow up on deals struck after the Gamescom trade fair as they push for a greater share of the global gaming market, and the government is lending a helping hand.

Xendit, a Souteast Asian financial technology (fintech) unicorn, has laid off 5 percent of its staff in Indonesia and Philippines due to the macroeconomic situation, the company has announced.

Google Asia Pacific announces a new partnership with Alpha JWC Ventures in cloud adoption for start-ups, which also include trainings and workshops pertaining to Google’s platforms and technologies.

Meta chief Mark Zuckerberg revealed a planned pause in hiring during a weekly all-hands meeting, the Journal reported, saying the move came as the social media titan planned to cut expenses by at least 10 percent.

Indonesia Investment Authority’s involvement in a US$300 million funding to Traveloka is believed to be a good deal as it will help the sovereign wealth fund, seeing as how the unicorn is a leading player in the online travel agent market, which is deemed highly lucrative.

Russia's decision to halt gas supplies via Europe's key supply route in the wake of the Ukraine conflict has increased the chances of power shortages. In France, the situation is made worse by several nuclear power plants shutting down for maintenance.

President Joko “Jokowi” Widodo has asked SOEs along with their venture-capital arms to be more involved in aiding home-grown start-ups, hoping it could boost the country’s digital-economic resilience amid a highly competitive tech-firm market.