More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses, this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital...
Indonesia’s start-ups have generated great excitement among international media and investors in recent years. The archipelago is home to four of South-east Asia’s seven unicorns, or start-ups valued at over $1bn, and the country’s top-10 start-ups raised $2bn in 2018. “Indonesia’s start-up ecosystem is becoming a reference point for other...
Indonesia has the largest GDP in South-east Asia and the fourth-largest population in the world. Some 70% of its citizens are under the age of 39, and many Indonesians are mobile-first and digital native consumers, making it a very attractive market for purveyors of data services, applications, software and hardware. Developing domestic ICT...
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.
In an effort to bridge the geographical divide in digital services and provide high-speed internet across the country, the Widodo administration began work in 2016 on the Palapa Ring project. The priority infrastructure project comprises a 35,000-km fibre-optic cable network intended to provide access to 4G services throughout the archipelago...
The government believes there is an important role for innovation, start-ups, and small and medium-sized enterprises (SMEs) in its push to modernise the economy. In line with this, the Saudi Arabian General Investment Authority (SAGIA) is seeking to do two things: improve the ease of doing business for firms of all sizes, and encourage and...
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