Tag: #business & technology

Technology
Big data analytics Bonza secured seed funding from East Ventures
As a response to COVID-19 pandemic, Bonza uses a math algorithm to project COVID-19 Effective Reproduction Numbers (Rt), which measures the virus’ rate of spread in each Indonesia province to support government policies.
MP
Marella Putri 6 days ago . 1 min read
Companies
BCA booked Rp 6.6 trillion net profit in 1Q-2020
The surge of 8.6% YoY was attributed to loan and operational income growths.
MP
Marella Putri 1 week ago . 1 min read
Insights
Digital tax in Indonesia to be effective starting July
The Ministry of Finance has decided that 10% VAT will be imposed on digital products such as music streaming & film subscription, games, and online services coming from abroad - in order to create a level playing field to all business players.
MP
Marella Putri 2 weeks ago . 2 min read
Companies
ACES continues expansion amid pandemic, intensifies online sales
Analyst estimates that ACES’ sales and gross profit margin for the remainder of 2020 to decline due to lower demand for home improvement products during the pandemic
MP
Marella Putri 2 weeks ago . 1 min read
Companies
Chandra Asri secured $70 million loans from Permata Bank
The loan facility will be utilized to support the operational needs, capital expenditure, and refinancing requirements of PT Chandra Asri Petrochemical
MP
Marella Putri 2 weeks ago . 1 min read
Companies
Citibank's net profit jumped by 20.43% YoY despite market turmoil
The increase was driven by loan disbursement and non-interest income growths from derivative forex transactions
MP
Marella Putri 2 weeks ago . 1 min read
Companies
Bakrie Group and Air Products to build methanol production facility
They had signed an agreement to build a coal-to methanol production facility in Bengalon, East Kalimantan, and are committed to taking the methanol production off to sell in Indonesia by 2024
MP
Marella Putri 2 weeks ago . 1 min read
Technology
Pintek raised funding from Accion Venture Lab to help schools impacted by COVID-19
An extension to its pre-series A round was led by Accion Venture Lab, and will be used to expand its technology and platform to to help underserved students and schools impacted by COVID-19 pandemic
MP
Marella Putri 2 weeks ago . 3 min read
Forbes Life
Passionate Fusion
Hublot’s Big Bang MP-11 Red Magic is as striking as it could be in presenting the Swiss luxury watchmaker’s Art of Fusion
MP
Marella Putri 2 weeks ago . 1 min read
Companies
Semen Indonesia Group maintained growth in 1Q
Next to increasing exports, the improvements were mainly driven by the synergy and efficiency initiatives SMGR has undertaken since 2018.
MP
Marella Putri 2 weeks ago . 2 min read
Companies
Acquired Demi Istri Production, IDN Media launched IDN Pictures
It acquired Demi Istri Production, an independent film company, having several films in the pipeline to be released soon.
MP
Marella Putri 3 weeks ago . 2 min read
Technology
Global Founders Capital led Klikdaily’s series A funding
GFC continues to back Klikdaily following its pre-series A funding round in mid-2019. The startup has seen significant growth due to growing demand amid pandemic.
MP
Marella Putri 3 weeks ago . 2 min read
Technology
Dekoruma closed pre-series C round
The fresh fund will be used to invest in SOMA, a Dekoruma-developed software which enables seamless interior design projects.
MP
Marella Putri 3 weeks ago . 2 min read
Technology
Long-Distance Healthcare
COVID-19 drives unprecedented demand for telehealth startup Alodokter
MP
Marella Putri 3 weeks ago . 4 min read
Companies
TBIG sees growing demand for tower tenancies from telecommunication providers
After booking a positive performance in the first quarter, PT Tower Bersama Infrastructure should expect a prosperous remainder of 2020 despite the ongoing COVID-19
MP
Marella Putri 4 weeks ago . 2 min read