Statustics Indonesia (BPS) chief statistician Amalia Adininggar Widyasanti (left) stands next to MoSPI secretary Saurabh Garg (middle) on Aug. 4 after signing a Letter of Intent (LoI) on the sidelines of the BRICS Meeting of Heads of National Statistical Offices in Lucknow, India.

RI, India to share AI, digital platforms for official statistics

Indonesia and India have agreed to exchange artificial intelligence applications and digital statistical platforms to expedite the modernization of their national data systems.

4 days ago

Tech premium

BRIN pitches advancing nuclear, AI in meeting with Prabowo

During a meeting with the President on Aug. 6, the research agency presented its work in various fields to support the administration's development agenda, including a nuclear power ecosystem, AI technology including chip-making and potable water facilities. ...

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‘Vibe Coding’: How Asia’s finance teams are rewriting rules

AI coding agents allow finance teams to build solutions without needing an engineering background, as they only need to define the logic and desired outputs, while the AI writes the code, tests it and connects it to relevant data sources. ...

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Yaniar Fernanda, founder and marketing director Dekayu.

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Women-led MSMEs inherit the true spirit of Kartini Day

More than a century has passed since Raden Ajeng Kartini made her mark on history as one of the first Indonesian female figures to advocate for gender equality.

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A Grubhub delivery person checks his phone during the coronavirus pandemic on May 3, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 247,000 lives with over 3.5 million infections reported.

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Just Eat Takeaway weighs Grubhub sale as pandemic boost fades

In an abrupt turnaround, CEO Jitse Groen said Takeaway had hired banks to explore a possible sale of Grubhub - alongside potential partnership options it was already exploring - and that buyers had expressed more than casual interest.

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GoTo announces its rise in share prices following its initial public offering (IPO) with (from left to right) Gojek's first driver Mulyono, Gojek founder Kevin Aluwi, president commissioner Garibaldi Thohir and Wimboh Santoso, chairman of the Board of Commissioners of the Financial Services, on Monday.

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GoTo posts lower gains than Bukalapak at IDX debut

Competitor Bukalapak gained 25 percent on its IDX debut last year, despite being multiple times smaller in market cap.

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Xu Lei, retail chief executive officer of Chinese e-commerce giant JD.com, takes part in a ceremony to mark company's listing on the Hong Kong stock market, at JD.com's headquarters in Beijing on June 18, 2020.

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China's JD.com promotes Lei Xu to CEO as founder Liu steps back

Xu's appointment comes with JD.com dealing with slowing growth as competition rises and consumer spending shrinks.

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Customers shop at wholesale food market Jakgrosir in Jakarta on March 12, 2020. CrediBook aims to expand its reach to more wholesalers in Indonesia.

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Financial management start-up CrediBook raises US$8.1 million

The company adds to a list of start-ups focused on digitalizing Indonesia's sprawling retail MSME sector.

4 years ago

In this file photo taken on February 10, 2022 Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas.

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Elon Musk takes 9% stake in Twitter to become top shareholder

Musk's move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving "serious thought" to building a new social media platform, while questioning Twitter's commitment to free speech.

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Businesses oppose plan to tighten curbs on online platforms

Businesses have voiced concern over government plans to subject a hefty fine to internet and social media companies operating in Indonesia for noncompliance in taking down unlawful content.

4 years ago

Rocketing: In recent years, the stock and crypto markets have gained popularity immensely. The crypto market is also predicted to gain an even larger potential in the future. (Unsplash/Jeremy Bezanger)

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Indonesia, Brazil lead the world in crypto adoption: survey

The survey of nearly 30,000 people across 20 countries, which was conducted between November 2021 and February 2022, shows 2021 was a blockbuster year for crypto, with inflation in particular driving adoption in countries that have experienced currency devaluation, the report found.

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Representations of virtual currency Bitcoin are seen in this picture illustration taken on March 13, 2020.

Tech

Indonesia to impose VAT, income tax on crypto from May

Indonesia recognizes crypto assets as commodities, not as a means of payment.

4 years ago

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Tokopedia launches Dilayani Tokopedia fulfillment service

Technology company with the leading marketplace platform Tokopedia recently launched Dilayani Tokopedia (Fulfilled by Tokopedia), a rebranding of its order fulfillment service TokoCabang.

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A new type of 300 millimeter wafer with semiconductor chips of German manufacturer Bosch is seen in Dresden, eastern Germany, on May 31, 2021.

Tech premium

Indonesia wants in on chip industry and has some things going for it

Indonesia is not wary of going head-to-head with more developed economies but still lacks some key requirements for success in the booming semiconductor business.

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A Gojek rider makes a delivery in Surabaya, East Java, on May 17, 2021, as Gojek and Tokopedia unveiled a merger to form GoTo Group, creating the largest tech firm in the world's fourth most populous country.

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GoTo seeks to raise $1.26 billion in local IPO

The widely-expected IPO comes after GoTo secured more than $1.3 billion from global investors in November in the first close of its pre-IPO funding round.

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A kiosk owner waits for customers in the flood-stricken Kayu Putih subdistrict of East Jakarta on March 4, 2020.

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SME supply chain startup AwanTunai secures $8.5 million

The firm plans to use the funds to provide more credit for partnered suppliers and retailers.

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Teachers talk to students on the first day of the 2020-2021 school year at SMAN 8 state high school in Jakarta on July 13, 2020.

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Edutech startup Zenius secures $40 million in funding

The education technology (edutech) start-up received the funding from state-owned telecommunications company Telkom.

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A technician inspects a base transceiver station (BTS) on a telecommunications tower at the Tangerang-Merak toll road in Banten, West Java, on June 6, 2018.

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Digital competitiveness improves as inequality narrows

Indonesia's standing on a privately funded digital competitiveness index rose to 35.2 this year, up 3.2 points from last year.

4 years ago

A customer browses for groceries in a supermarket in Jakarta on July 2, 2021.

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Bukalapak, CT Corp send AlloFresh into grocery delivery race

The new platform combines the retail experience of CT Corp’s Trans Retail Indonesia with the technology of Bukalapak, while additional funding comes from a Southeast Asian private equity firm.

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Mitra Tokopedia helps unbanked people find school fee payment solution

Although not as fast as in advanced countries, digital payment continues to thrive in Indonesia as many people, especially those living in remote areas beyond Java island, remain unbanked.

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A Banoo digital MycroFish aerator operates in a fish pond in this undated photograph.

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Aquaculture start-ups make waves in Indonesian fisheries

The businesses have begun automating aquaculture operations, increasing yields and profitability.

4 years ago

Lumina cofounder and CEO Aswin Andrison.

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Executive Column: Lumina CEO promises edtech for blue-collar workers

Lumina CEO Aswin Andrison wants to shake up the employment services market with payroll management and education for an underserved segment.

4 years ago

Indonesians have been expressing annoyance over frequent spam calls and text messages.

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Spam calls, texts frustrate Indonesian consumers

Indonesians have been expressing annoyance over frequent spam calls and text messages, and the country ranks sixth worldwide for consumers affected by scams.

4 years ago

A woman scrolls through the dashboard of SME platform Majoo.

Tech premium

SME platform Majoo bags $5m more in pre-series A round

In its latest funding round, SME-focused software startup Majoo raised an additional US$5 million to bring its total pre-series A funding to $9 million for expanding its reach, staff and features.

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A medical worker takes a blood sample for a COVID-19 serological test at Pertamina Central Hospital amid the COVID-19 outbreak in Jakarta, on Dec. 16, 2020.

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Health Ministry to develop national electronic health record system

The system would allow patients to share their medical records across clinics, hospitals and labs.

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China's Bilibili to hire more staff after employee death stokes overtime debate

The Alibaba Group-backed company, one of China's largest video platforms, came under public scrutiny last week after a user on microblogging platform Weibo said that the employee died after working long hours.

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COO Dito Krista (left) and CEO Rifanditto Adhikara (right) of health tech start-up Sirka

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Personal health start-up Sirka raises $2.6m in seed round

A local health tech start-up has raised US$2.6 million during its seed round and plans to use the money to develop the platform's personal health management features.

4 years ago

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E-signature firms eagerly await data protection law

They say personal data security is key to building consumer trust and enabling the industry’s growth.

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Ayoconnect founder and COO Chiragh Kirpalani (left) and cofounder and CEO Jakob Rost.

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Financial service enabler Ayoconnect bags $15M funding

Open finance platform Ayoconnect has received $15 million in funding to expand in the region and launch direct debit and payment card services.

4 years ago

A GrabFood rider wears a mask to protect himself against COVID-19 while working in Jakarta on July 13, 2020.

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Indonesia food delivery industry grows 24 percent

Grab accounts for a large chunk of gross merchandize value (GMV) in the biggest food delivery market in Southeast Asia.

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Thousands of workers make protective gear (APD) in a factory owned by PT Kasih Karunia Sejati in Malang, East Java, on April 20, 2021.

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HR start-up Gajiku raises $1.1 million in seed round

The funds will be used to roll out new features and attract new clients, with a focus on large labor-intensive firms in Indonesia.

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A woman takes pictures of digital art on display at a Tokocrypto T-Hub crypto community space in Seminyak, Bali, on Jan. 21, 2022.

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Bali embraces blockchain as crypto, NFT market flourish

The government and industry players are looking at Bali as the blockchain hub of the country, where crypto investment is booming and NFT marketplaces are disrupting the established art scene.

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