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Indonesia has made enormous strides in digitalisation. Yet, when people hear about digital success in the emerging world, the conversation turns mostly to India and China. Indonesia is unlikely to get a mention, or at most only in passing. This is more than a shame – it is a missed opportunity. If the future is digital, then there needs to be greater attention on the lessons emerging from a much wider set of countries. Indonesia’s digital success is one such example, especially for developing countries looking to tap the benefits of digitalisation for growth and development. Unlike India and China,…
TEMPO.CO, Jakarta – The Indonesian government through the Ministry of Foreign Affairs issued a statement on Monday, March 25, welcoming the adoption of United Nations Security Council (UNSC) Resolution 2728 calling for an immediate ceasefire in Gaza.The resolution was adopted as Israel’s attack on Gaza entered its sixth month since October 7, 2023. The bombardment has killed at least 32,333 people and injured more than 74,694 others.“Indonesia welcomes the adoption of UNSC Resolution 2728 (2024) demanding an immediate ceasefire in Gaza,” wrote the Ministry of Foreign Affairs on its X (formerly Twitter) social media account on Tuesday, March 26.The Ministry represents…
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment agreement with Indonesia’s conglomerate Sinar Mas to establish a joint venture (JV) of digital transformation (DX) servicesThe new JV’s launch is scheduled for the second half of this year. It will cater to Indonesian corporations and public sector clients, offering services including data center consulting, construction, and cloud transition support.LG CNS will leverage its accumulated technical expertise and business capabilities in data center and cloud services. Sinar Mas will spearhead efforts in identifying and securing business opportunities within…
Just once. That’s how many times the digital economy was discussed during Indonesia’s vice-presidential debate in late December. The three candidates were eager to convince voters of their ambitions for the country’s economic future. After all, they’re seeking to form a government that’ll replace the current one under President Joko Widodo, popularly known as Jokowi, who has the highest approval rating rating Reuters Indonesian President Jokowi’s approval rating at all-time high, poll shows Read more rating Reuters Indonesian President Jokowi’s approval rating at all-time high, poll shows in the archipelago’s history. But the discussions on the digital economy during the…
L-R: Irfan Setiaputra, CEO, Garuda Indonesia and Goh Choon Phong , CEO, Singapore Airlines Garuda Indonesia (GA) and Singapore Airlines (SIA) have committed to deepen their commercial partnership, with the aim of offering reciprocal benefits for their frequent flyer programme members, and to explore revenue sharing arrangements for flights between Indonesia and Singapore, subject to regulatory approvals. The frequent flyer programme agreement was inked by Garuda Indonesia Chief Executive Officer (CEO) Irfan Setiaputra and SIA CEO Goh Choon Phong in Jakarta today, while the joint venture revenue share agreement was signed by Garuda Indonesia Director of Service and Commercial Ade…
By Maria Monica Wihardja, Visiting Fellow at ISEAS Yusof Ishak InstituteIndonesia is poised to become the fourth-largest economy in the world by 2075, if not sooner. This will add significant global economic weight to the Indo-Pacific region, as China and India are poised to take the first and second place. But will Indonesia actually live up to this expectation?Indonesia is on a population growth trajectory that will potentially boost its economic productivity. The number of working-aged people is set to only peak in 2050. But by 2075, the bulk of the population will be in their 60s-70s, meaning this economic…
Updated Jul 29, 2024, 13:35 ISTThe new “Golden Visa” scheme will allow individuals to stay for five or ten years in the country Indonesia launches Golden Visa scheme. Credit: CanvaIndonesia has taken a significant step towards bolstering its economy with the introduction of the Golden Visa. Designed to attract high-net-worth individuals and skilled professionals, this long-term visa offers holders up to a decade of residency. This initiative is part of Indonesia’s strategy to bolster its GDP by securing $101.5 billion in domestic and foreign direct investment for 2024. With this new visa scheme, the island nation hopes to attract quality…
A threat actor known as Stargazer Goblin has created a network of bogus GitHub accounts to power a Distribution-as-a-Service (DaaS) that distributes a variety of information-stealing malware, earning them $100,000 in illegal profits over the past year. The network, which includes more than 3,000 accounts on a cloud-based code hosting platform, spans thousands of repositories used to share malicious links or malware, per Check Point, which has dubbed it the “Stargazers Ghost Network.” Some of the malware families distributed using this method include Atlantida Stealer, Rhadamanthys, RisePro, Lumma Stealer, and RedLine, with fake accounts also involved in starring, branching, browsing,…
Which startups are on the path to becoming the next big thing? One way to tell would be to check when they’ve raised a new round. Tech in Asia has generated a list of startups in Indonesia that have recently raised funding. The list is constantly updated by Tech in Asia, covering companies up to the series E stage. Extending our warm congratulations to the 7 East Ventures Family members who made it into the list! Komunal Komunal is a fintech company whose mission is to accelerate financial inclusion through digitizing rural banks in Indonesia. The firm recently raised US$5.5…
July 29, 2024Information hallCyber Security / Cyber Espionage The remote access trojan, known as Gh0st RAT, was spotted as part of an “evasion dropper” called Gh0stGambit. scheme of loading on the auto insurance targeting Chinese-speaking Windows users. These infections originate from a spoofed website (“chrome-web(.)com”) that serves malicious installer packages under the guise of the Google Chrome browser, indicating that users searching for software on the Internet are being targeted. Gh0st RAT is a old malware which has been seen in the wild since 2008, manifesting itself in various variants over the years in campaigns mostly orchestrated by China’s cyber…