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...
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...
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...
by Teuvo Tuomi | Dec 3, 2023 | ASEAN, Finland, Indonesia, Malaysia, Singapore, Technology, Thailand
Singapore has been in the top five of the IMD World Digital Competitiveness Ranking for several years, ending up third this year. The island nation excels in technology and the regulatory, capital, and technological frameworks. Finland was once again placed among the...
by Teuvo Tuomi | Jul 26, 2023 | Economy, Indonesia, News
Indonesia’s Investment Coordinating Board (BKPM) says that for the first half of the year, the country is nearly halfway to its 2023 investment target. BKPM head Bahlil Lahadalia reports the 678.7 trillion rupiah (45.1 billion USD) in investment realized in the...
