FeaturedTechnologyBinance and a MDI-led consortium will launch a crypto exchange in IndonesiaIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Binance will set up a JV to focus on blockchain development in Indonesia... Read more
FeaturedInsuranceIndonesian insurtech Fuse raises $25 mn to expand in Southeast AsiaIFM CorrespondentDecember 13, 2021 by IFM CorrespondentDecember 13, 2021 The startup has raised nearly $50 mn in the last 6 months... Read more
FeaturedTechnologyConverge puts customers in the front seat of innovationWebAdminDecember 9, 2021December 9, 2021 by WebAdminDecember 9, 2021December 9, 2021 The company recently launched its latest product Converge Time of Day that provides customers with the freedom to choose when they want increased speeds... Read more
FeaturedFinanceHong Kong-based virtual lender WeLab acquires Indonesia’s Bank Jasa JakartaIFM CorrespondentDecember 8, 2021 by IFM CorrespondentDecember 8, 2021 WeLab recently raised $240 mn for the acquisition... Read more
BankingFeaturedBank Indonesia to reduce liquidity in 2022 and keep rates low until inflation risesIFM CorrespondentNovember 24, 2021November 24, 2021 by IFM CorrespondentNovember 24, 2021November 24, 2021 The bank forecast the economy to expand between 3.2% and 4%... Read more
BankingExclusiveFeaturedThe digital banking landscape in IndonesiaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 76% of the Indonesian population shops online every month... Read more
AviationFeaturedGovernment prepares contingency plan to save Garuda IndonesiaIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 The carrier could be taken over by Pelita Air Service if it enters liquidation... Read more
BankingFeaturedStandard Chartered and Kredivo join hands to offer BNPL loans in IndonesiaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 The UK-based lender is making strides in the BNPL segment in Asia... Read more
EconomyFeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more
FeaturedFintechIndonesian fintech Xendit raises $150 mn to earn unicorn statusWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 The funding round for Xendit was led by Tiger Global Management... Read more