Indonesia
Vietnam’s VinFast introduces range of right-hand drive electric vehicles in Indonesia
Vietnamese car maker VinFast Auto has on Thursday debuted the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024.
Malaysia, Indonesia, Thailand and Singapore stock exchanges team up to develop ASEAN Interconnected Sustainability Ecosystem
Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE), to advance Asean’s sustainable development through the implementation of common environmental, social and governance (ESG) metrics in their respective data…
GoTo denies merger talks with Grab – report
The news came after Bloomberg reported last week that the companies had restarted discussions for a merger.
PasarPolis unveils strategic plans to capture Indonesia’s Insurtech market opportunities
Indonesian insurtech PasarPolis has on Tuesday unveiled strategic plans to capture the insurtech market opportunities in the country. According to the firm, the insurtech industry anticipates a dynamic and transformative year in 2024.
East Ventures and Kadin Indonesia launch free web-based greenhouse gasses calculator
East Ventures and The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) have on Tuesday launched ECOVISEA, which stands for Emission Calculator & Visualization Southeast Asia.
GoTo and TikTok complete merger, formalize strategic partnership for Indonesia
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, and TikTok, a global entertainment platform, have on Wednesday announced the completion of their previously announced merger that aims to drive long term growth for Indonesia’s micro, small and medium enterprises (MSMEs) and digital economy.
AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia
Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.
VinFast powers Indonesia’s EV future with expansion plan
The Indonesian government's push for an electric vehicle ecosystem creates an ideal opportunity for VinFast, Vietnam's premier EV manufacturer, to contribute to Indonesia's goal of reaching sustainable transportation.
Warren Buffet-backed China’s EV giant BYD debuts in Indonesia – report
BYD is also accelerating its overseas footprint by setting up production facilities in Brazil and Thailand (with an annual production capacity of 150,000 units each) and expanding its sales network in Europe, according to DBS Group Research.
Singapore-based agritech firm DayaTani secures $2.3M seed round financing
In a significant move towards transforming agriculturaltechnology in Indonesia, DayaTani, a farming focused agritech startup based in Singapore, has announced its successful acquisition of $2.3 million in seed round financing. The round sees participation by prominent venture capitalists namely KBI Investment and MDI Ventures backed Ascent Venture Group who…
