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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...
Indonesia Accelerates Digital ID Services

Indonesia Accelerates Digital ID Services

by Teuvo Tuomi | Feb 29, 2024 | Indonesia, Digitalization, Lifestyle, Technology

The Directorate General of Population and Civil Registration (Dukcapil) of the Ministry of Home Affairs (Kemendagri) is expediting digital transformation through the implementation of Digital Population Identity (IKD) or digital ID (KTP) for public services. In the...
Adaptation of Renewables Still Slow in Indonesia

Adaptation of Renewables Still Slow in Indonesia

by Teuvo Tuomi | Dec 30, 2023 | Indonesia, Economy, Environment, News

Indonesia is facing serious challenges to cut carbon emissions. The installed capacity for new and renewable energy (NRE) reached 12.5% of the total electricity generation capacity in mid-2023, according to the Energy and Mineral Resources Ministry. This is far below...
TikTok Restarts Online Shopping in Indonesia

TikTok Restarts Online Shopping in Indonesia

by Teuvo Tuomi | Dec 13, 2023 | Indonesia, Business, China, Technology

Chinese-owned short video app TikTok has announced a 1.5 billion US dollar investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the companies said in a statement. Under the deal, TikTok Shop will be merged into GoTo’s...

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