– Aggregator Berita Indonesia
World leaders are kicking off a meeting Tuesday on the holiday island of Bali, Indonesia as the global economy grapples with a looming recession, central banks’ jumbo rate hikes and historically high inflation. The annual meeting of leaders from the world’s major economies, known as the Group of 20 nations, is also taking place as … Read more
The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. Weiquan Lin | Moment | Getty Images Meta‘s huge bet on the metaverse may have put the company in dire straits, but a new Deloitte report suggests that virtual realities … Read more
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a new report. ECA International’s latest Daily Rates research ranked countries based on costs for short trip expenses: four-star hotel rooms, meals, laundry, alcoholic and soft drinks, journeys by taxi and … Read more
Indonesia is taking steps to make its economy more resilient so it can withstand global shocks like inflation, especially from the United States, said Finance Minister Sri Mulyani Indrawati. As the world’s largest economy, what the U.S. does has strong implications worldwide, including Indonesia, said the minister. To fight inflation, the U.S. has hiked interest … Read more
Indonesian rupiah notes. Adek Berry | AFP | Getty Images Indonesia’s economic growth climbed to its strongest in nine years last year fueled by revived spending from the lifting of pandemic restrictions and as a global commodity boom sent exports to a record high. Southeast Asia’s largest economy gained from high global commodities prices in … Read more
A worker refills a robotic dispenser by eFishery, an agritech startup, at a fish farm in Subang Regency in West Java, Indonesia, in June 2022. The startup helps farmers optimize their processes through automatic feeders and mobile apps. Dimas Ardian | Bloomberg | Getty Images Indonesia’s tech startups are reeling in big money in seafood … Read more
Motorcyclists travel past a billboard advertising GoTo’s initial public offering in Jakarta, Indonesia, on Friday, April 8, 2022. GoTo, formed through the merger of Gojek with e-commerce pioneer Tokopedia, raised $1.1 billion in one of the worlds biggest stock debuts this year and is slated to list in Jakarta April 11. Dimas Ardian | Bloomberg … Read more
Residents move to a safer place after a 3.9-magnitude aftershock in Cugenang, Cianjur on November 23, 2022, following a 5.6-magnitude earthquake that hit the area on November 21.(Photo by ADEK BERRY / AFP) (Photo by ADEK BERRY/AFP via Getty Images) Adek Berry | Afp | Getty Images Searchers in Indonesia on Wednesday rescued a 6-year-old … Read more
GajiGesa’s Vidit Agrawal wanted to provide workers access to their wages as they earn it, between traditional end-of-month pay cycles. That gives workers much more liquidity and protects them from predatory lenders. GajiGesa Vidit Agrawal, co-founder of Indonesia-based startup GajiGesa, knows crazy growth is nice. But staying power is better. “Everyone is talking about profitability … Read more
Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. A total of $679.4 billion was invested globally in 2021. Malte Mueller | Fstop | Getty Images Venture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and economic headwinds slowing growth … Read more