Ping An’s Fintech Subsidiary Commences Operations in Indonesia

Mar 1, 2019

OneConnect, a subsidiary of China-based Ping An insurance group commenced operations in Indonesia on 20 February. OneConnect is a Fintech SaaS provider of advanced technology-enabled business solutions to small and medium-sized financial institutions.  OneConnect has...

PT Royal Express Indonesia and Weyland Tech Inc. Launch Pilot Program

Mar 1, 2019

Weyland Tech Inc. and ‘Last-Mile’ Delivery Partner, PT Royal Express Indonesia (“REX”) announces update on its strategic partnership. The companies are implementing a pilot program which will launch 1 March 2019. In December 2018, the company signed an agreement with...

Repsol Makes Largest Gas Discovery in Indonesia in 18 Years

Mar 1, 2019

Repsol, the Spanish Energy company, has made the largest gas find in Indonesia in 18 years. The discovery was made in the Sakakemang block in South Sumatra. The KDB-2X well in South Sumatra provides preliminary estimation of at least 2 TCF of recoverable resources or...

Two Special Economic Zones Planned for Indonesian Island Batam

Mar 1, 2019

Batam island plans to develop two special economic zones (SEZs), on top of its free trade zone (FTZ) status. The proposed zones may be approved as early as June this year, contingent on Indonesia’s election results in April. The two proposed enclaves under the SEZ are...

Chinese Fintech Company Commences Operations in Indonesia

Mar 1, 2019

OneConnect, a subsidiary of China-based Ping An insurance group commenced operations in Indonesia on 20 February. OneConnect is a Fintech SaaS provider of advanced technology-enabled business solutions to small and medium-sized financial institutions. OneConnect has...