Indonesia

Indonesia may issue regulation on social media e-commerce – report

"What the people are expecting is that the advancement of technology can create new economic potential, not kill existing economies," Jokowi said.

Indonesia launches carbon exchange to reduce carbon emissions in the country

Indonesian government has on Tuesday launched its the country's first carbon exchange IDXCarbon, to reduce Indonesia’s carbon emissions and drive Indonesia’s transition to reach net zero emissions by 2060. ACX (AirCarbon Exchange) which is operating its proprietary regulated environmental asset trading platform, is the technology provider the Indonesia’s…

Indonesia’s Bank Mandiri collaborates with fisheries startup FishLog to support MSMEs

Bank Mandiri is collaborating with the fisheries startup FishLog to support MSMEs.

Malaysian bourse inks MOU with Thai, Indonesian bourses to set up Asean ESG ecosystem

The Malaysian bourse has signed a Memorandum of Understanding (MoU) with Indonesia Stock Exchange (IDX) and the Stock Exchange of Thailand (SET) to set up an ASEAN environmental, social and governance (ESG) ecosystem.

Indonesian sustainable farming, supply chain traceability startup Koltiva raises series A financing led by AC Ventures

Indonesia-based sustainable farming and supply chain traceability startup Koltiva has announced a seven-figure series A financing round led by top-tier, early-stage venture capital firm AC Ventures. The round also saw participation from Silverstrand Capital, Planet Rise, Development Finance Asia, and Blue 7, with existing investor The Meloy Fund, a…

Indonesia’s Bababos secures $3M in seed funding round led by East Ventures

Indonesian manufacturing raw material procurement platform Bababos has secured $3 million in seed funding that was led by East Ventures. The round also saw the participation from Patamar Capital and Accion Venture Lab.

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.

Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry

In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.

IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026

VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.