Indonesia

Vietnamese electric vehicle (EV) maker VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), have signed a long-term syndicated loan agreement valued at IDR 1.85 trillion ($110 million), along with an additional $80 million accordion facility, to finance the construction of VinFast’s EV assembly plant…

DEG, the German development finance institution, the French development finance institution Proparco and Standard Chartered have announced an agreement to finance the development, construction and operation of the Saguling floating solar photovoltaic (PV) plant as part of Indonesia’s Just Energy Transition Partnership (JETP).

Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners.

Pegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia.

PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.

PT GoTo Gojek Tokopedia Tbk, the largest digital ecosystem in Indonesia, announced Tuesday that it reached record adjusted EBITDA in its Fintech and On-Demand Services units, as well as sustained year-on-year (y-o-y) core gross transaction value (GTV) growth, highlighting GoTo's strong product mix and strategic execution across its integrated ecosystem.

MVGX Tech Pte Ltd (MVGX), the sustainability partner of BDO in Indonesia, and BDO in Indonesia, the country’s accounting and advisory firms, have announced the expansion of their commercial partnership with the launch of a proprietary artificial intelligence (AI)-powered sustainability reporting platform.

F5, a global multi cloud application security and delivery company, has on Wednesday announced the expansion of its global network with a new point of presence (PoP) site in Indonesia.

Indonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital.

Populix, an Indonesian tech-based research company, announced Tuesday it has secured $4.3 million in the first close of its Series B funding round.