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IMF Lowering Indonesia’s Economic Growth to 4.3% in This Year

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) has lowered Indonesia' economic growth to 4.3 percent in this year compared to the February' projection at 4.8...

Indonesia’s Qoala Acquires Thai Insurtech FairDee

JAKARTA (TheInsiderStories) - Qoala, an insurance technology (insurtech) firm has acquired Thai-based insurtech company FairDee with undisclosed amount, the Indonesian company announced today. This adds its...

Indonesia’s Xendit Raises US$64.6M Series B Funding

JAKARTA (TheInsiderStories) - Xendit, the fastest growing digital payments infrastructure for Indonesia, Philippines, and other Southeast Asia' countries, has raised Series B funding worth of US$64.6 million...

Southeast Asia’ Digital Economy Soars to US$100B in 2020

JAKARTA (TheInsiderStories) - Southeast Asia' digital economy soaring to US$100 billion in this year, expanded 5 percent from 2019, said the Google - Temasek - Bain...

EU – Vietnam Trade Agreement Enters into Force

JAKARTA (TheInsiderStories) - European Union (EU) exports to Vietnam has been taxed less starting August 1, said the agency last week. This is the immediate effect...

WHO Calls for Stronger Approach in Southeast Asia Region

JAKARTA (TheInsiderStories) – Amidst rapid spread of COVID-19 and continuing challenges, the World Health Organization (WHO) emphasized on a stronger whole of society and whole...

Indonesia Enters High Human Development Category of Nations

JAKARTA (TheInsiderStories) - Indonesia has joined the group of countries with a high human development index (HDI) with scores 0.707, according to a report...

ADB Cuts Growth Outlook as Asia’s Biggest Economies Slow

JAKARTA (TheInsiderStries) - The Asian Development Bank (ADB) on Tuesday (12/10) has trimmed its forecasts for economic growth in developing Asia this year and...

Indonesia Leads Southeast Asia Internet Economy in 2025

JAKARTA (TheInsiderStories) - Indonesia will lead the Southeast Asia internet economy in 2025 with a value of US$133 billion, according to a report released...

ICAEW: Southeast Asia’s GDP Growth Slow to 4.5% in 2019

JAKARTA (TheInsiderStories) - Economic growth across the Southeast Asia (SEA) region is expected moderate to 4.5 percent in 2019 and stabilize at the same level in...

Indonesian Jualo Raises Funds US$30M from Singapore’ Carro

JAKARTA (TheInsiderStories) - Indonesian e-commerce site Jualo.com raised fresh funding US$30 million from Singapore-based automotive marketplace Carro as part of its Series B round. The latest funds...

Canalys Survey: Indonesia is Smartphones’ Rising Star Market in Southeast Asia

JAKARTA (TheInsiderStories) - Indonesia is Southeast Asia’s fastest growing market for smartphones, experienced a 17 percent growth from 2017 to 2018, according to market research...
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