Indonesia’s e-commerce marketplace player Bukalapak poised for next level of growth under new CEO
Rachmat Kaimuddin may have been destined for the job he currently holds. A graduate from MIT and Stanford University, Kaimuddin’s early career led him to work for the Boston Consulting Group and several private equity firms and the International Finance Corporation before landing at local…
VC Funding Continued To Flow To Indonesian Startup Amidst Covid-19
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…
A Bold New Approach to Education
H. E. Nadiem Anwar Makarim, Indonesia’s Minister of Education and Culture One-On-One with Sachin Gopalan, Co-Founder & CEO, Orbit Future Academy Indonesia’s education system has received a bolt of change under Minister Nadiem Makarim. The former tech entrepreneur has introduced fresh thinking in how the…
Property Players Adopt More Realistic Expectations as Consumers Hold Back
After years of high growth, Indonesia’s property sector is facing up to the reality of long-term downturn as consumer spending diminishes and businesses downsize in the wake of the lingering impact of the Covid-19 pandemic. And with the health pandemic showing no signs of easing…
The Unsecured-loan Time Bomb Ticking Away Amid the Pandemic
by Arwin Rasyid Unsecured Loans (often abbreviated as “KTA” in Indonesian) are one of the mainstay products of the banking industry. As personal loans, they are extended to micro businesses, formal and informal-sector workers and self-employed professionals. All sorts of people avail of such loans,…
After Covid 19: Growth or Depression? The Emergence of a New World Order
Indonesia Economic Forum in collaboration with Synthesis Communications, Orbit Future Academy and Chairos International Ventures presented the Webinar Series titled “After Covid 19: Growth or Depression?” with Prof. Kishore Mahbubani, Senior Fellow at the Asia Research Institute and former diplomat and Dean of the Lee…
New Growth Sectors and Emerging Business Opportunities Post Covid-19
Jakarta – The Indonesia Economic Forum in collaboration with ZACD, Synthesis Communications Indonesia, Orbit Future Academy and Chairos International Ventures presented the webinar Series titled “Emerging Business Opportunities post Covid-19: A Golden Age For Entrepreneurs?” with Sandiaga Uno, former vice government of Jakarta and a…
Saving the Economy Post Covid-19: Pitfalls and Challenges
By Arwin Rasyid The impact of the Covid-19 pandemic on business has been massive, simultaneous and indiscriminate, affecting not only micro, small and medium enterprises (MSMEs), but also large corporations and even state enterprises. A wave of layoffs has occurred and almost all sectors have…
Post COVID-19 Business Readiness Survey
Over the past three months, Indonesia with the rest of the global community has been severely impacted by the Covid-19 pandemic. Our government has worked hard together with the business community to keep all Indonesians safe and limit the spread of the virus. However, to…
As Businesses Re-open, Optimism is Mixed with Longer-term Concerns on Survival
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…