Indonesia’s central bank kept its benchmark interest rate unchanged to support the economy’s flagging recovery, while working with the government to manage price pressures fueled by the Russia-Ukraine conflict.
Business
Indonesia tech giant GoTo made its market debut with its initial public offering (IPO) – the world’s fifth-largest this year, raising US$1.1 billion and generating a market capitalisation at US$28 billion.
Indonesia’s conglomerate PT Bakrie and Brothers tbk (BNBR) has set up a venture capital firm Quantum Ventures for startup investments to foster corporate innovation.
Many companies listed on the Indonesia Stock Exchange (IDX) struggled to adapt to COVID-19 and global pandemic conditions.
As Indonesia moves its capitol to place focus on the nation’s eastern region, brands too must recognise that Indonesia is a mosaic of distinct cultures.
Crypto assets ownership in Indonesia was among the highest globally as many investors in the country look at digital assets as a protection against future inflation, according to a study by crypto exchange Gemini.
Minister of Cooperatives and Micro, Small, and Medium Enterprises (MSMEs), Teten Masduki, has asked MSMEs producing superior regional products to use Sarinah Building in Jakarta as a promotional venue.
Indonesia menunjukkan komitmennya pada pembangunan berkelanjutan melalui agenda Presidensi G-20 Indonesia yang tengah berlangsung.
The unorthodox proposal comes after Japan’s SoftBank opts not to invest in a project estimated to cost $32bn.
But the buzz around GoTo is understandable. For local investors – both institutional and retail – Gojek and Tokopedia are not only household names they’ve been following excitedly for almost a decade but apps they use daily.
An increasing and expanding Indonesian middle-class with a growing preference for beef is expected to continue to drive demand for Australian red meat.
Big corporations are beginning to focus on Indonesia’s small and midsize family-owned retail shops, known locally as “warung, as the digital transformation (DX) wave continues to rise in the country.
The war in February 2022 had deepened the global economic crisis, whereas the world had been acutely impacted by the COVID-19 pandemic, President Joko Widodo (Jokowi) stated.
Herman Widjaja, the CTO of Tokopedia, joined the Harvard Business Review to offer insight into how Tokopedia leverages its digital infrastructure.
The golden era of Indonesia’s digital economy has been keenly anticipated. After 2021, it appears closer than ever.
Singapore and Indonesia inked a climate change partnership on Monday (March 21) that could see them working on clean technology research, or pilot projects related to various ecosystems on land and sea.
