Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe Tasmania-based artificial intelligence company is set to build one of the Asia-Pacific's largest digital infrastructure facilities on the island of Batam, under a multinational partnership that includes global chipmaker Nvidia to woo AI-native customers.
Venture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.
The case centers on US$25 million in investments made between 2019 and 2023 by BRI Ventures and MDI Ventures, the venture capital arms of state-owned firms BRI and Telkom, respectively, into agritech start-up PT Tani Group Indonesia (TaniHub).
As prosecution of digital pioneers has become commonplace, a deeper crisis emerges: a nation that enthusiastically celebrates start-up hypergrowth but lacks the analytical tools to distinguish strategic risk from structural failure.
Authorities allege the executives of PT Lunaria Annua Teknologi (LAT), the operator of KoinWorks, manipulated collateral documents and falsified trade invoices to secure massive loans from state-owned lender BRI.
Hong Kong’s attractiveness for both Mainland Chinese and international businesses has reached a record high, as shown in the latest survey, which recorded 11,070 companies based in the city in 2025.
From the unravelling of eFishery saga to corruption probes ensnaring venture capital executives tied to state-backed funding at TaniHub, the year stripped the gloss from Southeast Asia’s most coveted start-up market.
It will take more than catchy slogans espousing innovation and entrepreneurship to change an ingrained habit that has evolved over the centuries in tandem with a system that equates authority and power with prosperity.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.