SK Plasma to Introduce Blood Product Technology to Indonesia

SK Plasma, a producer of blood products which is part of the conglomerate SK Group, announced that in early September that it has signed an Memorandum of Understanding (MOU) with the Indonesian Red Cross and a state-owned Indonesian pharmaceutical company,...

WhatsApp Considering Mobile Payments Launch in Indonesia

WhatsApp, Facebook Inc’s messaging services is reportedly in advanced talks with several Indonesian digital payment providers in a move to enter the country’s quickly expanding e-commerce sector. Companies in talks include Go-Jek, mobile payments firm DANA and OVO, a...

Bukalapak to Offer Insurance for E-Commerce Merchants and Customers

Singaporean insurtech firm, Axinan and Indonesian eCommerce company Bukalapak recently announced a partnership to provide insurance solutions for users of Bukalapak’s eCommerce platform. The partnership will provide protections for both merchants and customers....
Indonesia Expected to Spend USD 33 Billion for Capital Relocation

Indonesia Expected to Spend USD 33 Billion for Capital Relocation

Indonesia’s President Joko Widodo has announced a USD 33 billion project to relocate the Indonesian capital from Jakarta to East Kalimantan, a province on the island of Borneo located 1,400 km away from the current capital. Main reasons for the move are chronic...