Indonesia
Indonesia launches sovereign wealth fund Danantara – report
The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.
The rise of regional startup hubs in emerging markets
Communication is central to any startup in 2025. Whether increasing security through one-time passwords (OTPs), delivering real-time updates, or enabling efficient customer service, timely and effective communication has become the hallmark of a successful startup.
Hong Kong’s insurtech firm YAS eyes opportunities in Indonesia, Thailand & Vietnam after entering Malaysia [Q&A]
YAS aims to disrupt traditional insurance by focusing on microinsurance, on-demand coverage, embedded insurance, and instant claims processing.
East Ventures unveils platform for AI innovators in Indonesia
East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Thursday announced the launch of IndoBuild AI, a dynamic platform for artificial intelligence (AI) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia.
Australian Development Investments announces strategic partnership with AC Ventures through KINETIK initiative
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a strategic partnership with Indonesian venture capital firm AC Ventures under the KINETIK initiative.
Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines
Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local currencies.
Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024
Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.
East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis
Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures.
ADI invests $8M in AC Ventures’ Climate and Sustainability Fund
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a $8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund.
IFC announces first sustainability-linked loan in Indonesia to decarbonize retail properties and support green building development
To support sustainable development and advance Indonesia’s journey to a low-carbon future, the International Finance Corporation (IFC) has announced its first sustainability-linked loan in the country, which will be used to expand green building certification of the portfolio of PT Nirvana Wastu Pratama (NWP), a leading retail and logistics property…
