Indonesia

JEJALA INDONESIA 2021: Indonesia invites US investors to deep dive into the promising growth of local tech startups

Retrieved on: 
Thursday, December 9, 2021

In recent years, Indonesia has focused on digital growth, with the country's Ministry of Communications and Informatics launching various campaigns to help out tech and IT startups gain ground.

Key Points: 
  • In recent years, Indonesia has focused on digital growth, with the country's Ministry of Communications and Informatics launching various campaigns to help out tech and IT startups gain ground.
  • With its consistent efforts, Indonesia now becomes the largest digital economy in Southeast Asia with a projected online spending of USD $146 billion by 2025.
  • This is largely due to the exponential growth of four main digital markets: e-commerce, online travel, ride-hailing services, and online media.
  • JEJALA ID is a 3-month, multi-faceted event and roadshow meant to share information for investors interested in taking advantage of the growing tech startup scene in Indonesia.

UMKM EXPO(RT) BRILIANPRENEUR 2021: BRI Promotes the Digitalization of Indonesian MSMEs

Retrieved on: 
Thursday, December 9, 2021

It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual bazaar organized by BRI.

Key Points: 
  • It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual bazaar organized by BRI.
  • "BRI has supported the Indonesian MSMEs to grow as an established business and go global to compete in the international market.
  • BRILIANPRENEUR 2021 will also feature the virtual "MSMEs x Designer Auction" of 10 designer works, whose proceeds will go to Sahabat UMKM Foundation.
  • BRI will provide MSMEs Awards in Business Matching for Newcomer MSMEs and Top Deals MSMEs with the highest potential dealing; Best Expo for MSMEs readiness to go digital and go online; and Favorite MSMEs based on social media campaigns.

Vymo has been recognized by Gartner® as a Representative Vendor in 2021 Gartner Market Guide for Sales Engagement Applications

Retrieved on: 
Thursday, December 9, 2021

SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo (https://www.getvymo.com), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner®, a company that delivers actionable, objective insight to its executive and their teams in 2021 Market Guide for Sales Engagement Applications. We believe that the 13 global companies in this guide are recognized for their competitiveness, product portfolio, market coverage & business growth.

Key Points: 
  • SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo ( https://www.getvymo.com ), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner, a company that delivers actionable, objective insight to its executive and their teamsin 2021 Market Guide for Sales Engagement Applications.
  • "We believe this mention validates the problem sales leaders in financial institutions face and how sales engagement applications can be a game-changer."
  • Sales engagement platforms, such as Vymo, automatically capture sales & engagement activities of the remote or distributed sales teams.
  • Gartner Market Guide for Sales Engagement Applications by Dan Gottlieb, Shayne Jackson, Ilona Hansen, 9 November 2021.

Vymo has been recognized by Gartner® as a Representative Vendor in 2021 Gartner Market Guide for Sales Engagement Applications

Retrieved on: 
Thursday, December 9, 2021

SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo (https://www.getvymo.com), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner®, a company that delivers actionable, objective insight to its executive and their teams in 2021 Market Guide for Sales Engagement Applications. We believe that the 13 global companies in this guide are recognized for their competitiveness, product portfolio, market coverage & business growth.

Key Points: 
  • SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo ( https://www.getvymo.com ), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner, a company that delivers actionable, objective insight to its executive and their teamsin 2021 Market Guide for Sales Engagement Applications.
  • "We believe this mention validates the problem sales leaders in financial institutions face and how sales engagement applications can be a game-changer."
  • Sales engagement platforms, such as Vymo, automatically capture sales & engagement activities of the remote or distributed sales teams.
  • Gartner Market Guide for Sales Engagement Applications by Dan Gottlieb, Shayne Jackson, Ilona Hansen, 9 November 2021.

ConocoPhillips Announces Agreement to Sell Indonesia Assets for $1.355 Billion and Provides Notice that it is Exercising its Preemption Right to Purchase Up to an Additional 10% Shareholding Interest in APLNG

Retrieved on: 
Wednesday, December 8, 2021

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Key Points: 
  • The ConocoPhillips subsidiary currently holds a 37.5% APLNG shareholding interest and would own 47.5% of APLNG upon closing if the other relevant APLNG shareholder does not exercise its preemption rights.
  • The transaction is expected to close in the first quarter of 2022 and is subject to Australian government approval.
  • ConocoPhillips full-year 2020 production from APLNG was approximately 115 MBOED, and full-year 2021 distributions are expected to be approximately $750 million, excluding distributions resulting from any additional shareholding interest arising from preemption.
  • Through the achievements of APLNG and its other shareholders, Origin Energy and Sinopec, APLNG has become a world-class integrated LNG operation.

IEEE Announces First Winners of Connecting the Unconnected Challenge, a New Competition Providing Solutions for the Digital Divide

Retrieved on: 
Tuesday, December 7, 2021

The winning teams were announced and select teams presented their solutions at the inaugural IEEE Connecting the Unconnected Summit, a virtual event that will be accessible online through 31 December.

Key Points: 
  • The winning teams were announced and select teams presented their solutions at the inaugural IEEE Connecting the Unconnected Summit, a virtual event that will be accessible online through 31 December.
  • Winners were selected from more than 250 entries from 69 nations, and $60,000 in cash prizes were awarded.
  • IEEE Future Networks includes contributions across many IEEE societies and has several working groups for which it seeks volunteers from both industry and academia to participate.
  • Learn more about the winning submissions at ctu.ieee.org and futurenetworks.ieee.org or connect via these social media channels:

Indonesia is ready to welcome US investors in local thriving start-ups

Retrieved on: 
Tuesday, December 7, 2021

The event is a part of the Joint Exhibition & Junction of start-up Landscape in Indonesia or JEJALA ID, a networking event held by the Ministry to help connect start-up founders with investors and venture capitalists.

Key Points: 
  • The event is a part of the Joint Exhibition & Junction of start-up Landscape in Indonesia or JEJALA ID, a networking event held by the Ministry to help connect start-up founders with investors and venture capitalists.
  • To further sustain the momentum, The Ministry of Communications and Informatics has continuously developed networking programs to strengthen relationship between US investors and Indonesian startups.
  • One of the most anticipating events is the upcoming JEJALA ID, which comprises of roadshows, workshops, and seminars for foreign investors and startup founders in Indonesia.
  • For more information about JEJALA ID as well as the start-up industry in Indonesia, visit the Ministry of Communications and Informatics website at www.kominfo.go.id.

BRI Invites the World to Discover Indonesian MSMEs at UMKM EXPO(RT) BRIlianpreneur 2021

Retrieved on: 
Tuesday, December 7, 2021

JAKARTA, Indonesia, Dec. 7, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk or BRI (IDX: BBRI) announces its largest Micro, Small and Medium Enterprises (MSMEs) creative industry virtual exhibition, the UMKM EXPO(RT) BRILIANPRENEUR 2021, titled "From Indonesia for the World " is to be held on December 1-16, 2021.

Key Points: 
  • JAKARTA, Indonesia, Dec. 7, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk or BRI (IDX: BBRI) announces its largest Micro, Small and Medium Enterprises (MSMEs) creative industry virtual exhibition, the UMKM EXPO(RT) BRILIANPRENEUR 2021, titled "From Indonesia for the World " is to be held on December 1-16, 2021.
  • As Indonesia's economy recovers from setbacks caused by the pandemic, the BRILIANPRENEUR 2021 MSME EXPO(RT), with its over 500 participating businesses, aims to be a moment of revival for Indonesian MSMEs towards economic growth.
  • "The BRILIANPRENEUR program supports BRI's commitment as an agent of development for Indonesian MSMEs," said Sunarso, President Director of BRI.
  • BRI customers can enjoy various promotions and discounts until December 31, 2021, by purchasing products via Shopee and PADI MSMEs or making payments using BRI debit and credit cards.

WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong

Retrieved on: 
Tuesday, December 7, 2021

HONG KONG, Dec. 6, 2021 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong.

Key Points: 
  • HONG KONG, Dec. 6, 2021 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong.
  • WeLab plans to launch this second digital bank in Asia in the second half of 2022.
  • WeLab already has over 150,000 digital banking customers since running WeLab Bank in Hong Kong in 2019, offering customers a new intelligent banking experience through a full suite of digital banking services.
  • WeLab operates in three markets under seven key brands, including WeLend, and WeLab Bank in Hong Kong, WeLab Digital, Taoxinji, Wallet Gugu, and Tianmian Tech in Mainland China and Maucash in Indonesia.

WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong

Retrieved on: 
Tuesday, December 7, 2021

HONG KONG, Dec. 7, 2021 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong.

Key Points: 
  • HONG KONG, Dec. 7, 2021 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong.
  • WeLab plans to launch this second digital bank in Asia in the second half of 2022.
  • WeLab already has over 150,000 digital banking customers since running WeLab Bank in Hong Kong in 2019, offering customers a new intelligent banking experience through a full suite of digital banking services.
  • WeLab operates in three markets under seven key brands, including WeLend, and WeLab Bank in Hong Kong, WeLab Digital, Taoxinji, Wallet Gugu, and Tianmian Tech in Mainland China and Maucash in Indonesia.