ESB Restaurant Technology’s groundbreaking AI solution, OLIN, is transforming Indonesia’s food and beverage (F&B) sector by increasing business revenues by up to 40%. This significant impact highlights the transformative potential of AI and Generative AI (GenAI) in enhancing micro-enterprises in emerging markets like Indonesia, where many businesses struggle to...
Around the world, a record 4.3 billion people helped someone they didn’t know, volunteered time or donated money to a good cause in the preceding month according to the Charities Aid Foundation’s World Giving Index 2024.
The world’s most generous country is Indonesia for the seventh year in a row,...
Traveloka, Southeast Asia’s leading travel platform, has achieved a record-breaking success for its EPIC Sale 2024 campaign, which attracted over 35 million customers and delivered millions in savings through discounts of up to 80%. This event stands as the most successful sales campaign in Traveloka’s history.
The EPIC Sale fueled...
DANA and Ant International, a digital payment and financial services leader headquartered in Singapore, have announced the return of the SisBerdaya program for 2024, a local initiative designed to empower women entrepreneurs in the micro and ultra-micro categories, through training, mentoring, and competitions.
The initiative aims to help women entrepreneurs...
IMOTO has introduced its latest innovation, VISION.ev, at a global debut event at the Sheraton Hotel Gandaria, Jakarta, today. This will be the first electric motorcycle in Indonesia with a target of achieving over 75% Domestic Component Level (TKDN) and is set to hit the market in 2025.
“We are...
Indosat Ooredoo Hutchison (IOH) has introduced a suite of new AI-powered, cloud-based solutions specially designed to support the sustainable growth of the upstream Oil and Gas industry in Indonesia.
Indosat will provide the new solutions through Indosat Business and its subsidiary Lintasarta, the leading Information and Communication Technology company.
The new...
Xurya, a renewable energy company offering rooftop solar rental without initial costs in Indonesia, announced an additional US$55 million investment. This funding round was led by the Norwegian Climate Investment Fund managed by Norfund, with participation from Swedfund, Clime Capital as the manager of SEACEF II, British International Investment...
NWP Property, a leading consumer infrastructure platform in Indonesia, has secured its inaugural USD Sustainability-Linked Syndicated Loan Facility (SLL) of US$135 million from a group of lenders led by CIMB Bank Singapore. This marks a significant milestone for NWP as they become the frontrunner in adopting sustainable practices within...
JULO, a leading digital financial services platform dedicated to financial inclusion for the underbanked in Indonesia, announced today that it has achieved significant loan disbursement growth. In the first four months of 2024, JULO's total loan disbursement surged by 87.19% compared to the same period the year before, exceeding ...
Regional insurtech firm Igloo is in partnership with Tokopedia, to make protection products purchasing more accessible and convenient. Through this collaboration, Tokopedia and Igloo will make insurance protection accessible to more than 14 million SMEs, which form the backbone of the Indonesian economy, and individuals in 99% of districts...
Talent Corporation Malaysia Bhd (TalentCorp), under the human resources ministry, has unveiled the Industrial Training Matching Grant Initiative for Small and Medium-sized Enterprises (LiKES), dedicating RM30 million to support internship placements in small and medium-sized enterprises (SMEs) and startups.
Human Resources Minister Steven Sim Chee Keong announced during the launch...
JULO, a leading digital financial services platform dedicated to financial inclusion for the underbanked in Indonesia, today announced it has surpassed US$1 billion in total loan disbursement and achieved a remarkable annual recurring revenue of over US$120 million. The total loan disbursement jumped 50% in 2023.
The milestone comes alongside...
