Business News
Trade Minister Claims 21.64% Increase in Exports to Drive Economic Growth in the Third Quarter
The Ministry of Trade (Kemendag) noted that the value of exports of goods and services rose 21.64% annually (yoy) and was claimed to be a driver of Indonesia's economic growth in the third quarter of 2022. "In the third quarter of 2022, the Indonesian economy grew positively higher at 5.72%…
Temasek Calls Indonesia Top Destination in ASEAN for Technology Investment
Temasek mentions Indonesia and Singapore as the top two destination countries for technology investment in Southeast Asia or ASEAN in 2022. Because Indonesia attracts 25% of the total value of private funding in the region and in the long term it is considered attractive to investors. However, the existence of…
Ministry of Communication and Information Technology Encourages Startups in Indonesia to Be More Professional and Expand Their Market
The Ministry of Communication and Information Technology (Kominfo) seeks to encourage startups in Indonesia to be more professional. To that end, Kominfo has conducted pitch training to improve presentation skills and pitch decks to increase the business scale of the 2022 HUB.ID Accelerator participants. Director of Digital Economy, Directorate General…
Indonesia Controls 25% of Investment Portion in Southeast Asia
Indonesia is still the main investment destination in the Southeast Asia (ASEAN) region. In research conducted by Google, Temasek, and Bain & Company entitled e-Conomy SEA 2022 Report, this year Indonesia attracted 25% of the total value of Southeast Asian private funding. Deputy Head, Technology & Consumer and Southeast Asia,…
