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SE Asian economies
Indonesia: Jokowi's second term holds promises
SINGAPORE (Nov 25): President Joko Widodo, or Jokowi as he is fondly called, began his second term at the end of October. His new administration was fully in place by early November when all his senior cabinet officials as well as deputy ministers had bee
November 22, 2019
Geopolitics
Indonesia's Jokowi picks main rival Prabowo, Gojek founder Makarim for Cabinet
(Oct 22): Indonesian President Joko Widodo asked the nation’s opposition leader and the founder of its biggest startup to join a revamped cabinet as he puts the Southeast Asian nation on a path to become a US$7 trillion ($9.5 trillion) economy.
October 22, 2019
Geopolitics
Giant on the move
SINGAPORE (Oct 14): Last December, ahead of the presidential election, Indonesian President Joko Widodo (Jokowi) and his running mate Ma’ruf Amin presented nine “missions” as part of their ambitious manifesto. Titled “Indonesia Maju”, or Indones
October 11, 2019
Highlight
Indonesia: The giant of Southeast Asia
The republic’s young, 264 million-strong population and burgeoning internet economy make it a behemoth in the region. Yet, it is hampered by a highly complex regulatory landscape and a massive, fragmented domestic market. In the third of our series on S
October 11, 2019
Trans-boundary haze
Singapore offers Indonesia help to combat 'scourge' of haze
(Oct 8): Singapore has reached out to Indonesian authorities to offer assistance and urge action in combating the “perennial scourge” of haze on the region, with no response from Indonesia thus far, the Ministry for the Environment and Water Resources
October 08, 2019
Startups, Entrepreneurs, Digital economy
Indonesia online mall valued at US$2.5 bil after landing investment from including GIC
(Oct 4): PT Bukalapak.com raised capital from investors including Indonesian media giant Emtek and South Korea’s Shinhan Financial Group Co., a round of funding that valued the online marketplace at more than US$2.5 billion ($3.4 billion).
October 06, 2019
Trans-boundary haze
Southeast Asia braces for haze as forest fires keep burning
(Sept 13): Governments in Southeast Asia are taking steps to guard against a potential deterioration in pollution levels from Indonesian forest fires, as smoke and ash continue to blanket the skies over the region.
September 13, 2019
Cryptocurrency
TranSwap secures remittance licence in Indonesia
SINGAPORE (Aug 29): TranSwap, Singapore’s homegrown cross-border payment platform, has obtained its money remittance Fund Transfer Operator licence from Bank Indonesia.
August 29, 2019
Geopolitics
Jokowi to announce new Indonesia capital to replace Jakarta
(Aug 26): Indonesian President Joko Widodo will announce the site of the country’s new capital on Monday, ending months of speculation about the location of the new city to replace Jakarta as the administrative headquarters.
August 26, 2019
Investing ideas
Can Japfa overcome near-term cyclical pressures to see turnaround?
SINGAPORE (Aug 8): Lower average selling prices and higher costs drove earnings for agri-food company Japfa down to US$5 million ($6.8 million) for the 2Q19 ended June, a steep 83% drop from a year ago.
August 08, 2019