FeaturedTechnologyIndonesia-based ride hailing giant Gojek lays off 9% of its workforcePritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Around 430 employees to lose their job, mostly in Indonesia... Read more
EconomyFeaturedIndonesia’s economy to contract by 1.0% in 2020: ADBPritam BordoloiJune 22, 2020June 22, 2020 by Pritam BordoloiJune 22, 2020June 22, 2020 The bank also forecasts that economic growth would reach 5.3% in 2021... Read more
FeaturedFintechPhilippines-based fintech Ayannah announces merger with India’s ECAPPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 The new entity will be called Ayannah Global and will be headquartered in Singapore... Read more
FeaturedIslamic BankingIndonesia’s BNI Syariah plans to expand its banking services globallyPritam BordoloiJune 1, 2020June 1, 2020 by Pritam BordoloiJune 1, 2020June 1, 2020 The Islamic bank plans to add overseas representative offices to run trade finance and remittance services... Read more
FeaturedInsuranceMalaysia-based insurtech PolicyStreet secures $1.8 mn fundingPritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 The startup will use the funds to improve product offering, increase sales and also expand in new markets... Read more
FeaturedFintechKoinWorks secures $10 mn funding to help SMEs raise funds onlinePritam BordoloiMay 19, 2020 by Pritam BordoloiMay 19, 2020 The funding round for KoinWorks was led by Lendable... Read more
FeaturedTechnologyGojek launches online investment platform GoInvestasiPritam BordoloiMay 12, 2020May 12, 2020 by Pritam BordoloiMay 12, 2020May 12, 2020 Gojek has launched GoInvestasi in partnership with fintech firm Pluang... Read more
FeaturedInsuranceIndonesian insurtech Qoala secures $13.5 mn funding amid pandemicPritam BordoloiApril 28, 2020 by Pritam BordoloiApril 28, 2020 The startup plans to increase its workforce to 300 by next year... Read more
FeaturedLogisticsIndonesian logistics startup Kargo raises $31 mn to fight the coronavirusInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Investors who took part in the funding round include Tenaya Capital, Sequoia India, Mirae Asset Management and Intudo Ventures... Read more
FeaturedTechnologyGojek secures $1.2 bn in funding to take on GrabPritam BordoloiMarch 18, 2020 by Pritam BordoloiMarch 18, 2020 The fresh funding increased Gojek’s Series F round total to just under $3 bn... Read more