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Investing in Indonesia: 3 new developments you should know Singapore was Indonesia’s largest foreign investor in 2020, with total investments of US$9.8 billion, increasing by 6.5% year on year. With the recent Omnibus Law, DTA and BIT strengthening investment and business confidence between both countries, bilateral investments are expected to grow strongly in the years […]

Dear Singaporeans, The Singapore Embassy in Jakarta will be organising a virtual Consular Briefing for Singaporeans via Zoom on Saturday, 17 April 2021 from 11.00 am to 12.00 pm. Please register at https://form.gov.sg/606590966b94e800125448d7 for the event. The Zoom meeting details will be sent to you closer to the date of the event. We look forward […]

The first of an ongoing series of Webinars hosted by SCCI in 2021 on business and investment opportunities in Southeast Asia’s fastest growing economy . This webinar was held on Feb 23rd, sponsored by UOB Indonesia, Withers KhattarWong and PwC. Guest of Honour : H.E Anil Kumar Nayar (Singapore Ambassador to Indonesia) Opening speech : […]

Jakarta Governor Anies Baswedan has voided principle permits to stop work on 13 man-made islands in the controversial Jakarta Bay land reclamation project. Anies said that the decision on Wednesday was made after hearing a recommendation from the Northern Coast Management Coordinating Agency (BKP-Pantura). “Based on the recommendation, we can assure you that we will […]

Social networking and photo-sharing app Path is set to terminate its service on Oct. 18. Following rumors that spread over the weekend, the team officially announced the plan on Monday, sharing the shutdown schedule on its website. “It is with deep regret that we announce that we will stop providing our beloved service, Path. We started […]

Go-Jek, the Indonesian ride-hailing app, kicked off its maiden operation in Vietnam on Wednesday, the first step of the company’s plan to expand into Southeast Asia. In Vietnam, Go-Jek is collaborating with a local team led by digital entrepreneur Nguyen Vu Duc under the brand Go-Viet. “We are very impressed with Go-Jek’s influence and we […]

Increasingly convinced that the trade war with the United States is unlikely to end soon, Beijing is stepping up its charm offensive to reassure foreign politicians and business leaders of its commitment to global free trade by opening and reforming its domestic economy. And next week’s “Summer Davos” – or the World Economic Forum’s Twelfth […]

Six major Web companies and internet-service providers, including AT&T Inc, Twitter Inc and Alphabet Inc’s Google, will detail their consumer data privacy practices to a U.S. Senate panel on Sept. 26, according to a congressional statement on Wednesday. The Senate hearing will give the six technology-related companies, which also include Amazon.com Inc, Apple Inc and […]

The rupiah weakened slightly on Wednesday to Rp 14,863 per US dollar, from Rp 14, 835 on Monday, according to Bank Indonesia’s Jakarta Interbank Spot Dollar Rate (JISDOR). Samuel Sekuritas Indonesia economist Ahmad Mikail said the weakening trend might continue should the dollar index remain at 95. He said the dollar was still in a […]