The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Singapore SMEs, startups venturing into Indonesia for expansion, opportunities

google-preferred-sourceAdd BT as a preferred source
Uma Devi

Uma Devi

Published Tue, Feb 14, 2023 · 05:50 AM
    • SBF's country head for Indonesia Hisyaamuddin Abu Bakar describes the Indonesia market as a “marathon game” for companies, and he spoke of the need of having a sound understanding of the market before making any commitments.
    • SBF's country head for Indonesia Hisyaamuddin Abu Bakar describes the Indonesia market as a “marathon game” for companies, and he spoke of the need of having a sound understanding of the market before making any commitments. PHOTO: REUTERS

    [JAKARTA] Singapore-based software company All ID primarily sells identification (ID) card printers, various cards and kiosks.

    While the group has offices in the region’s main markets including Myanmar, Malaysia, the Philippines and Singapore, it is Indonesia that is its largest market and accounts for about 60 per cent of its sales, said All ID’s director for Indonesia Daniel Pang.

    One of All ID’s key customers in Indonesia is telecommunications provider Indosat. Last June, a deal was reached for All ID to supply the telco’s SIM cards. 

    Asean BusinessIndonesiaStartupsSingapore SMEsSpotlight

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More