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    • SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.

    17Sep, 2018
    Started in 2010, Path to stop operation in October

    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 Path in 2010 as a small team of passionate and experienced designers and engineers. Over the years we have tried to lay out our mission: through technology and design we aim to be a source of happiness, meaning and connection to our users,” it stated.

    The team shared that starting Oct. 1, people would no longer be able to download or update the app from iTunes and Google Play.

    Then, on Oct. 18, it would start to terminate the service. Finally, on Nov. 15, Path-related customer service will be officially closed.

    (read more: The Jakarta Post)

    13Sep, 2018
    Go-Jek kicks off maiden operation in Vietnam

    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 share the same vision,” Go-Viet CEO Vu Duc told journalists on Wednesday. He said Go-Jek was Go-Viet’s strategic partner in terms of technological and financial matters.

    Go-Jek corporate affairs chief Nila Marita said it decided to collaborate with a local partner because local knowledge of the market was key to win the hearts of customers.

    Vu Duc said the company was expected to have four services — Go-Bike, Go-Car, Go-Food and e-wallet – early next year.

    (read more: The Jakarta Post)

    26Jul, 2018
    Indonesia’s fashion startups into Singapore market

    The Indonesian Creative Economy Agency (Bekraf) in cooperation with the Indonesian Embassy in Singapore has opened a temporary pop-up store for Indonesian fashion startups to showcase their products in Singapore.

    At least 14 selected local brands, ranging from ready-to-wear clothing, watches and socks, will be taking part in the event running at Paragon Mall in the city-state from Aug. 1 to 30.

    Bekraf marketing division deputy head Joshua Puji Mulia Simanjuntak said Singapore was a prospective hub to reach the global market, especially the ASEAN market.

    “Singapore is an important market for Indonesian creative industries, particularly fashion,” Joshua told reporters on Wednesday. 

    “Singapore has also always been on our [list of] top-10 destinations for creative industry exports,”  he added.

    Meanwhile, Bekraf deputy head Ricky Joseph Pesik said Indonesia’s fashion industry had big potential to penetrate the global market thanks to its stellar growth.

    In 2016, the country’s exports from creative economy reached US$20 billion, in which the fashion industry contributed 54.54 percent of the exports.

    (Source: The Jakarta Post)

    25Jul, 2018
    The founder of Traveloka became a trillionaire at the age of 30 years

    He is currently only 30 years old, but has entered the list of 150 richest people in Indonesia Globe Asia magazine version. He is the founder of Traveloka, Ferry Unardi.

    Globe Asia said the wealth of Ferry is currently in the range of USD 145 million and is in position 146. About Rp 2 trillion if converted.

    The idea of ​​establishing Traveloka itself came from Ferry’s personal experience. Several years ago, to find a plane ticket can be quite difficult. Ferry who is working overseas wants to go back to Padang.

    “To get an airline ticket that fits the budget, I have to open several sites to compare prices,” he recalled. From that experience, he believes many people have similar difficulties in finding airline tickets.

    Finally, along with two other colleagues, Ferry decided to return to Indonesia and build Traveloka, the airline’s online flight search platform that compares the airline range in one place. Thus, consumers do not have to bother to open some airline sites to get cheap airline tickets.

    In 2012, Traveloka was born from personal savings of working overseas. In order to increase business growth, a few months later Traveloka successfully took East Venture. Over the course of a year, Traveloka received A Series funding from Global Founder Capital that once invested in Facebook and LinkedIn.

    Thanks to the funding, Traveloka has enough resources to build the best products. “This is evidenced at the beginning of Traveloka stand already has thousands of airline ticket searches that reach 200 cities,” said Ferry who was born this Padang.

    By 2015, Traveloka app has been downloaded up to 6 million times. In 2016, they expanded business in six countries, namely Indonesia, Malaysia, Singapore, Thailand, Vietnam and the Philippines.

    This makes Traveloka the first internet company from Indonesia to expand its business in Southeast Asia.

    Traveloka has established cooperation with hundreds of thousands of hotels in various parts of the world.