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Finnfund Invests in Indonesian FinTech Company

Finnfund Invests in Indonesian FinTech Company

by Teuvo Tuomi | Apr 19, 2024 | Business, Finland, Indonesia, News

Finnish OP Finnfund Global Impact Fund I has invested 5 million USD in Indonesian FinTech company AwanTunai. AwanTunai offers inventory financing, integrated online ordering, and inventory management solutions. Their customer group is merchants and wholesalers all...
Singapore Remains the Top Start-Up Destination in ASEAN

Singapore Remains the Top Start-Up Destination in ASEAN

by Teuvo Tuomi | Apr 8, 2024 | Singapore, ASEAN, Business

 Despite a downturn in funding, Singapore was Southeast Asia’s top startup investment destination in 2023, according to a new report. In 2023, startups based in the country accounted for 63.7% of all equity deals in the ASEAN-6 group of nations, including...
Indonesians Dominate Southeast Asian Billionaires List

Indonesians Dominate Southeast Asian Billionaires List

by Teuvo Tuomi | Apr 4, 2024 | Business, ASEAN, News, Reports, Southeast Asia

There are now more billionaires than ever: 2,781, 141 more than last year, and 26 more than the record set in 2021. The lone Southeast Asians among the top 100 wealthiest are all Indonesians. Brothers R. Budi (71st) and Michael Hartono (76th) retain their top spot...
Indonesia Becoming Leader in Fintech

Indonesia Becoming Leader in Fintech

by Teuvo Tuomi | Apr 2, 2024 | Business, Digitalization, Economy, Indonesia, Reports, Technology, Visions

Indonesia, the world’s fourth most populous nation and the largest economy in Southeast Asia, is being recognized as a leader in fintech development and innovation. The country has become home to a diverse range of fintech startups, including several that offer...
4th 7-Eleven Opens in Laos

4th 7-Eleven Opens in Laos

by Teuvo Tuomi | Mar 31, 2024 | Laos, Business, Food & Drinks, News, Thailand

The fourth 7-Eleven branch in Laos has opened in Pakse, just six months after opening the first branch. 7-Eleven offers Laotians a well-curated selection of popular products, especially ready-to-eat food, fresh bakery items, and freshly brewed coffee. In addition,...
Cambodia Leaping into a Cashless Society

Cambodia Leaping into a Cashless Society

by Teuvo Tuomi | Mar 29, 2024 | Cambodia, Business, Economy, Technology, Visions

The National Bank of Cambodia (NBC) is actively promoting a cashless future for the country. The National Bank of Cambodia has developed payment systems and digital societies through the development of the KHQR Standard System (KHQR) and the Cambodian Securities...
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