Indonesia
Indonesia suspends TikTok registration over data sharing failures, ministry says – report
Indonesia said it has suspended TikTok's registration status as an electronic system provider after it failed to hand over all data relating to the use of its live stream feature, though the social media app was still accessible to users on Friday.
Sriwijaya Capital, BlueFive Capital form strategic alliance to boost capital flow between Gulf and SEA
Sriwijaya Capital, an Indonesia-based private equity firm, has signed a memorandum of understanding (MoU) with Abu Dhabi-based BlueFive Capital, to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia.
Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M
Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic Ventures, Spice Expeditions and Platanus.
INA, EDC ink $592M strategic partnership to expand Canada-Indonesia investment opportunities
Export Development Canada (EDC), Canada’s export credit agency, and the Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a CAD$825 million ($592 million) Market Leader Partnership memorandum of understanding (MOU) to strengthen bilateral investment ties and promote sustainable economic development between the two……
Telin selects Nokia to interconnect data centers across Singapore
Finnish telecommunications firm Nokia announced Thursday that Telekomunikasi Indonesia International (Telin) has selected Nokia’s optical transport solution to connect data centers in Singapore and enable the delivery of a highly available, reliable, and scalable island-wide network.
Alibaba Cloud plans to launch new data centers in eight countries
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its latest strategic plans to launch data centers across eight countries including Malaysia.
Indosat, ITA, and Tsinghua University partner to establish AI Application Cooperation Center
Indosat Ooredoo Hutchison, the Indonesia Technology Alliance (ITA), and the Tsinghua University Wuxi Research Institute of Applied Technologies (Tsinghua University) have signed a memorandum of understanding (MoU) to establish AI Application Cooperation Center in Indonesia.
Vingroup inks MOU with Sulsel Andalan Energi for solar projects
Vingroup has signed a memorandum of understanding (MoU) with PT. Sulsel Andalan Energi, a regional-owned enterprise in South Sulawesi, Indonesia, to collaborate on large-scale renewable energy projects, with an initial focus on solar power.
SVO.ai puts Asean on the AI map, unveiling its multi-AI commerce super platform in a historic summit
SVO.ai, a multi-AI commerce super platform, marked a significant milestone by hosting its inaugural SVOLUTION Digital Summit (SDS) 2025 in Bali, Indonesia. Recognized as the largest AI commerce conference in the region, the three-day global event, which took place from Sept 16 to 18, attracted over 3,500 digital entrepreneurs, affiliate marketers, and…
Indonesia’s GoTo secures $280M term loan facility
Indonesian technology giant PT GoTo Gojek Tokopedia Tbk. (GoTo) announced Thursday that it has entered into a new four-year term loan facility with a total size of Rp 4.65 trillion ($280 million).
