Author: Shoeb Kagda and Yosi Winosa

JAKARTA -Today people are living in the world of big data, and AI. Every aspect of human life is affected by big data and AI. Governments around the world, for instance, have relied on data collection and analysis to combat the Covid-19 pandemic. Contact tracing,…

SCCI Investment and Business Webinar JAKARTA -Over the last decade, Indonesia has been a close partner for Singapore both in terms of government to government and business to business links. While Indonesia has not been able to attract interest in traditional sectors such us manufacturing,…

JAKARTA -More than a decade after launching the first Islamic Bank, Indonesia is once again attempting to create a vibrant Islamic financial sector in parallel with the traditional banking sector to attract new capital investments from the Middle East and Malaysia. On February 1st, President…

Indonesia’s move to levy a 10% VAT on tech companies operating within its jurisdiction would provide a boom for the government’s revenue collection in 2021 as its digital economy continues to grow at a rapid pace. According to tax experts and analysts, the additonal revenue…

With over 2,000 start-ups, Indonesia has over the past few years been viewed as one of the top destinations for venture capital and private equity firms. The country ranks 5th in global start-ups rankings, attracting more US$8 billion (S$11.2 billion) in funding from 2016 to…

Indonesia’s economy is slowly waking from a three-month slumber as large-scale social restrictions ease and companies return to work. As of June 8, the Jakarta government administrations and other regions began a month-long transition period to allow businesses to resume operations even as the Covid-19…

Indonesia has joined a growing number of countries around the world that are preparing to reopen their economies to prevent large-scale social and economic impairment. Needing to balance between long-term devaluation of economic growth and mitigating a public health crisis, President Joko Widodo’s government has…

As government after government shuts down its borders and imposes strict travel restrictions, the global aviation industry is heading for a tailspin. The speed and depth of the nosedive is unprecedented with some estimates putting the cost of the global shutdown at well above US$200…

As global governments race to confront the twin threats of a health crisis and an economic recession, the stakes are high. Millions of lives are at stake while workers around the world face the possibility of job losses and loss of income. As a result,…