The Business Times

Shoeb Kagda

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After securing Series A funding, TransTrack founder Anggia Meisesari moved the company's headquarters to Singapore and expanded into Malaysia.

Indonesian fleet management startup TransTrack targets Middle East expansion

It currently has over 1,200 clients across Indonesia, Malaysia and Singapore

The open digital commerce system, designed to bring informal businesses online without tying them to a single platform, was launched by Minister of MSMEs Maman Abdurrahman.

Indonesia launches open digital network to boost digital economy, empower MSMEs

Network is being developed with partners such as Google

Dr Purbaya Yudhi Sadewa's appointment marks both continuity and uncertainty for South-east Asia’s largest economy, which is grappling with social unrest, surging living costs and mounting fiscal woes.
NEWS ANALYSIS

Little-known Purbaya now faces Indonesia’s biggest fiscal test

The country’s new finance minister is more recognised as a macroeconomist than a fiscal hawk

Oona Insurance group CEO Abhishek Bhatia says South-east Asia’s general insurance market is ripe for disruption if companies can marry new technologies with existing channels using sales agents.

Oona Insurance eyes Thailand and Vietnam as S-E Asia economies near US$5,000 per capita milestone

The Singapore-based general insurer is ramping up its expansion in the region

Rajib Saha, co-founder and chief executive officer of Singapore-based Setara Networks Worldwide, Indepay’s parent company., notes that its goal is to improve Indonesia’s digital economy by building infrastructure.

Indepay targets lower transaction costs for Indonesia’s MSMEs with zero-fee model

Its approach connects mobile phones to traditional banking services

Superbank's Tigor Siahaan: "The bottom of the pyramid is very important to us because the more opportunity you give them, the multiplier for the country is bigger."

Indonesian digital lender Superbank betting on the underbanked to supercharge growth

As one of the country’s first digital banks, it aims to serve lower-income groups and leverage the ecosystems of major shareholders Grab, Singtel and Emtek

Amartha CEO Andi Taufan (centre) with Fitriawati, who sells salted fish in Koto Tangah, Padang, West Sumatera; 99 per cent of Amartha's borrowers are women who run small shops and often need working capital.

Indonesia’s fintech microfinance marketplace Amartha aims to bridge funding gap for MSMEs

It is building a marketplace for microloans by working directly with rural banks and financial institutions

Studio Gypsied founder Nur Aqilah Zailan, 36, preserves and promotes the heritage of Nusantara women through her business, by working closely with artisans and tailoring partners in Indonesia.

Indonesia to launch US$1 billion orange bonds to empower women-led MSMEs

Building on its success with green sukuk bonds, it introduces orange bonds to narrow the gender gap and support women entrepreneurs

Indonesia has one of the largest deposits of nickel, a key mineral in the production of batteries for electric vehicles.

Indonesia’s EV battery bet benefiting from regional supply chain shift: report

The country’s strategic incentives have spurred a dramatic FDI increase in the manufacturing sector from less than US$2 billion in 2011 to more than US$20 billion last year

Unresolved issues, including the availability of unencumbered land and a severe lack of water, are stalling progress at Nusantara.

Key resignations have ‘hurt credibility’ of Indonesia’s ambitious Nusantara project: observers

Sudden departures of top officials highlight unresolved issues and underwhelming financial support from investors

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