President Joko Widodo has signed the Presidential Regulation on the 16th economic policy package, which covers the acceleration of business licensing. The Presidential Regulation registered as PP No. 91/2017, was signed today, Coordinating Minister for the Economy Darmin Nasution said … Continue reading →
East Ventures, a Southeast Asian venture capital company, announced an investment of 30 million USD for Indonesian startups. This is the sixth fund collected and managed by the three founders of East Ventures; Willson Weather, Batara Eto, and Taiga Matsuyama. A recent … Continue reading →
The Ministry of Communications and Information Technology, in cooperation with the Japan External Trade Organization, held an event in Jakarta on Tuesday (12/09) to partner Indonesian start-ups with Japanese investors in an effort to lure foreign investments into the country … Continue reading →
Azhar Hasyim, director of E-Business at the Communications and Information Ministry, views that Indonesia has the potential to be the third largest e-commercemarket in the world above South Korea. “The Communications and Information Ministry supports startup companies in Indonesia,” Azhar said … Continue reading →
Social networking giant Facebook has received an in-principle approval to set up a domestic unit in Indonesia and the government is now processing the details, the country’s investment chief said on Wednesday (21/06). Indonesia has been pushing multinational technology firms … Continue reading →