Indonesia
Singapore’s insurtech Igloo launches AI travel insurance assistant in Indonesia, boosting purchase decision 44%
Singapore-based insurtech company Igloo has launched Igi, an AI travel insurance assistant in Indonesia that guides customers through the full purchase journey within a single conversational interface.
Singapore-based data center developer BDx secures 1.2 GW of power in Indonesia with state utility PLN
BDX Indonesia, under BDx Data Centers, has secured 1.2 GW of power capacity across its Indonesia portfolio through a strategic partnership with PT PLN (Persero), Indonesia’s state-owned electricity provider.
Google Cloud opens Southeast Asia AI corridor
Google Cloud has launched a new cross-border accelerator program, in order to connect 25 Southeast Asian AI startups with technology and investment hubs in California, offering each selected founder up to $350,000 in cloud credits.
Vietnam’s EV maker VinFast debuts VF MPV 7 electric vehicle from Indonesia plant
VinFast, the electric vehicle (EV) manufacturer of Vietnam’s conglomerate Vingroup, has announced the rollout of its VF MPV 7 electric vehicle from its Subang plant in Indonesia.
Grab to consolidate Indonesian digital Lender Superbank as Singtel transfers stake
Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.
Vietnam’s EV maker VinFast launches battery-swapping electric motorcycles in Indonesia
VinFast, the electric vehicle maker under Vietnam’s conglomerate Vingroup, has launched an early booking program in Indonesia for three battery-swapping electric motorcycle models — the VinFast Evo, VinFast Feliz II, and VinFast Viper.
Indonesia’s investment app Pluang raises $10M
Indonesia-based investment platform Pluang has raised $10 million in funding while launching Indonesian equities on its app, as the company expands its position in the country’s growing retail investment market.
Indonesia’s BNPL platform Kredivo acquires nearly full ownership of Vietnam’s Timo Digital Bank
Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.
Indonesia, China Launch Cross-Border QR Payment Linkage
Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.
Singapore’s Princeton Digital Group raises $856M for Indonesia data center
Princeton Digital Group said it has secured approximately $856 million in financing to support the development of its 120-MW JC3 data center campus in Indonesia
