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Indonesia’s GoTo plans to cut over 1,000 jobs in bid to reach profit

Indonesia’s largest Internet company, GoTo Group, is planning to cut more than 1,000 jobs as it seeks to trim costs and shore up its...

Missing tech unicorns in Indonesia

While the Indonesia has successfully created impressive tech clusters and thousands of jobs, growth has mainly come from providing cheaper manpower Why has Indonesia not...

The myth of the unbankable

Farmers, street vendors, low-salaried clerical workers: With a few exceptions, banks in emerging economies have traditionally regarded this large group of lower-income customers as...

Southeast Asian startups see inflows as China takes a backseat

Led by Indonesia, Southeast Asia's internet economy is forecast to double to US$363 billion by 2025 from an end-2021 estimate of US$174 billion in...

Bukalapak launches digital bank in Indonesia

Partners with Standard Chartered. Indonesia’s first public-listed technology unicorn, Bukalapak and Standard Chartered bank (StanChart) have launched a digital banking service to offer an “inclusive” experience to...

What BI & OJK can learn from the ANT IPO saga?

At a forum titled “Building Optimism after the C19 Pandemic” in January 2021, Central Bank Governor Perry Warjiyo estimated digital banking transactions through 2021...

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