Wednesday, July 29, 2015

List of mcommerce apps in Indonesia

In no particular order, here are a few mobile apps that can help average Indonesians sell online, categorized by business model.

https://www.techinasia.com/indonesia-mcommerce-apps-list/

Wednesday, July 22, 2015

Another Indian startup in Indonesia

India-based and Ratan Tata-backed CarDekho is on the lookout for acquisitions in the range of $1-5 million (Rs6-30 crore) in Southeast Asian market such as Indonesia, Malaysia and Vietnam and Thailand, The Economic Times reported.

Amit Jain, chief executive of CarDekho said, the Jaipur-based automotive classifieds portal is making a start in this direction by talking to a few players for potential buyouts.

If successful, CarDekho will join the bandwagon of Indian startups entering other emerging markets where local challenges are similar (to India) and technology ecosystem is not mature.

The company had recently launched CarBay.co.id in Indonesia to provide local information on new and old cars in the Indonesian language.

http://www.dealstreetasia.com/stories/india-cardekho-on-the-lookout-for-acquisitions-in-indonesia-other-se-asian-markets-9418/

Mobile Money in Indonesia

The electronic money system frees people from being tethered to a physical bank branch for the financial services he offers, but it took few adopters time to trust the mobile-based service. Indonesia remains a cash economy where paper money dominates transactions, and many people still don’t understand the value mobile banking.

http://www.wsj.com/articles/mobile-banking-struggles-to-gain-traction-in-indonesia-1437507127

Sunday, July 5, 2015

Countries exempt from tourists visa

Indonesia lifted visa requirements for 45 countries to boost tourism.

http://www.indonesia-investments.com/news/news-columns/visit-visa-no-longer-required-in-indonesia-for-45-countries/item5702

Saturday, July 4, 2015

Another startup focused fund in Indonesia

India-based venture capital firm Aavishkaar plans on bringing US$75 million of Series A funding to four countries with highest startup growth, and Indonesia is one of them.

As Aavishkaar’s Senior Investment Manager Adi Sudewa, the company’s representative for Indonesia said the Aavishkaar Frontier Fund (AFF) will be focussed outside India to provide Series A funding in farming, health, education, water and sanitation, and renewable energy sector.

There have been many big players entering Indonesia. Japan-based ones dominate the game, as names like SoftBank, CyberAgent Ventures andIMJ Investment Partner are supporting startups in the country. India and China-based investors seem to be interested as well.

http://e27.co/indias-aavishkaar-to-inject-us75m-into-indonesia-bangladesh-other-countries-20150703/

Local content in smartphones in Indonesia

Come January 2017, all 4G LTE FDD devices need to contain 30 percent “local content” – a figure which is composed of various factors such as software, hardware components, and assembly.

In anticipation of this pending regulation, Samsung already invested in additionalmanufacturing facilities in Indonesia.

How Apple and other global brands pushing into the Indonesian market with 4G phones are going to deal with this  remains to be seen.

https://www.techinasia.com/talk/local-content-rule-smartphones-indonesia-official/

Wednesday, July 1, 2015

BBM Money in Indonesia

Japan’s biggest lender is considering acquiring a bank in Indonesia, the Philippines or India that has expertise in consumer banking, said Go Watanabe, chief executive officer (CEO) of the main lending unit’s Asia-Oceania arm.

“We’re looking for a bank that is very strong in both corporate and retail consumer finance” akin to Bangkok-based Bank of Ayudhya Pcl, Watanabe, 56, said in an interview on Monday in Singapore. The company ideally wants a majority stake in a “relatively big-sized bank,” he said.

http://www.phonearena.com/news/In-Indonesia-BlackBerry-adds-a-multi-platform-mobile-payment-system-to-BBM-Money_id71024

Looking to acquire a big bank in Indonesia

Japan’s biggest lender is considering acquiring a bank in Indonesia, the Philippines or India that has expertise in consumer banking, said Go Watanabe, chief executive officer (CEO) of the main lending unit’s Asia-Oceania arm.

“We’re looking for a bank that is very strong in both corporate and retail consumer finance” akin to Bangkok-based Bank of Ayudhya Pcl, Watanabe, 56, said in an interview on Monday in Singapore. The company ideally wants a majority stake in a “relatively big-sized bank,” he said.

http://www.livemint.com/Companies/FPjcwC2T76bejcvaoPJK2M/Mitsubishi-UFJ-considers-buying-Asian-bank-similar-to-Thai-u.html