Indonesia
Malaysia’s Samaiden partners MCS to expand renewable energy business in Indonesia
Samaiden Group Berhad, a Malaysia-based renewable energy (RE) firm, has partnered PT MCS Bina Energi (MCS) to expand renewable energy (RE) business in Indonesia.
Sinar Mas, LG CNS form joint venture to provide digital solutions in Indonesia
Sinar Mas, a conglomerate that oversees various business sectors in Indonesia, and LG CNS, a leader in digital transformation from South Korea, have launched their business collaboration, LG Sinar Mas, a joint venture that provides cutting-edge information technology (IT) solutions and services across Indonesia.
GoTo collaborates with Microsoft to boost engineering productivity with GitHub Copilot
GoTo Group, Indonesia’s leading digital ecosystem, has taken a significant step forward in enhancing productivity across its engineering teams by collaborating with Microsoft Indonesia to adopt GitHub Copilot, an artificial intelligence (AI) developer tool.
Indonesia’s Happy5 acquires Singapore’s SugarOKR to accelerate global expansion
In a strategic move to bolster its global presence, Indonesia-based enterprise performance management software startup Happy5 has announced it is acquiring Singapore-based startup SugarOKR for an undisclosed sum.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
IFC provides $60M green financing to Indonesia’s Gunung Raja Paksi to boost decarbonization
World Bank's International Finance Corporation (IFC) has inked deal to provide $60 million green financing to Indonesian steel producer Gunung Raja Paksi (GRP).
Gojek to exit Vietnam market – report
Gojek said the decision, made by its parent company GoTo after assessing its market presence in Vietnam, aims to strengthen business operations and aligns with the company's long-term growth strategy.
Maybank: Indonesia’s fuel curb increases need for higher ride hailing incentives
Fuel curb in Indonesia increases need for higher ride hailing incentives, Maybank Investment Bank said Thursday.
Indosat Ooredoo Hutchison partners Zurich Asuransi Indonesia to provide insurance offerings
The collaboration will utilize Indosat’s ecosystem of over 100 million users to offer protection solutions to various segments of society. Zurich will provide products through Indosat’s app, including reimbursement of postpaid bills and travel insurance for flight cancellations, lost luggage, and emergency medical needs.
Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia
Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…
