Indonesia
Indonesia issues more tax incentives for EV sales – report
The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.
TikTok still violates Indonesian in-app transactions ban, says minister – report
Teten Masduki, the Indonesian minister for small and medium enterprises (SMEs), told reporters that TikTok still had not complied with the regulation.
Vietnam’s VinFast partners with five dealers in Indonesia
Vietnamese carmaker VinFast Auto has officially signed the letter of intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast’s distribution network in the Indonesian market and strengthening its brand recognition and competitiveness globally.
Vietnam’s VinFast introduces range of right-hand drive electric vehicles in Indonesia
Vietnamese car maker VinFast Auto has on Thursday debuted the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024.
Malaysia, Indonesia, Thailand and Singapore stock exchanges team up to develop ASEAN Interconnected Sustainability Ecosystem
Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE), to advance Asean’s sustainable development through the implementation of common environmental, social and governance (ESG) metrics in their respective data…
GoTo denies merger talks with Grab – report
The news came after Bloomberg reported last week that the companies had restarted discussions for a merger.
PasarPolis unveils strategic plans to capture Indonesia’s Insurtech market opportunities
Indonesian insurtech PasarPolis has on Tuesday unveiled strategic plans to capture the insurtech market opportunities in the country. According to the firm, the insurtech industry anticipates a dynamic and transformative year in 2024.
East Ventures and Kadin Indonesia launch free web-based greenhouse gasses calculator
East Ventures and The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) have on Tuesday launched ECOVISEA, which stands for Emission Calculator & Visualization Southeast Asia.
GoTo and TikTok complete merger, formalize strategic partnership for Indonesia
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, and TikTok, a global entertainment platform, have on Wednesday announced the completion of their previously announced merger that aims to drive long term growth for Indonesia’s micro, small and medium enterprises (MSMEs) and digital economy.
AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia
Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.
