Barrons — Amazon.com has said it plans to expand its e-commerce empire to Indonesia, with a $600 million investment for the first year. It makes perfect business sense. E-commerce sales in Indonesia are only about $3.2 billion, a tiny fraction of the $150 billion retail market. Indonesia is also the world’s 4th most populous country with a population of 250 million.
Reuters — The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters. In response to the attempted hacks, Bank Indonesia (BI) has blocked 149 regions that don’t usually access its website, including several small African countries, Deputy Governor Ronald Waas said in an interview late on Monday.
Asian Correspondent — MICROSOFT has released a list of Asia-Pacific countries that were most vulnerable to malware. The Malware Infection Index 2016 highlights threats undermining cybersecurity in the region. “Out of the top five locations across the globe most at risk of infection, a total of four are from the Asia Pacific — Pakistan, Indonesia, Bangladesh and Nepal,” Microsoft said on its website.
Enterprise Innovation — SK Telecom signed a memorandum of understanding (MOU) with Telkom Indonesia to cooperate in new business areas including IoT, media and smart products/Lifeware. Lifeware refers to SK Telecom’s consumer-centric smart devices that promise to “add value and convenience to people’s lives.”
Telecom Asia — SK Telecom has signed an agreement with Telkom Indonesia to collaborate on business areas including the IoT, media streaming and smart devices. The two operators signed a memorandum of understanding at Telkom headquarters in Jakarta yesterday. Under the agreement, the companies will work to develop new business opportunities in the areas of smart cities and IoT services.
Digital News Asia — TUNE Talk has launched a new mobile call and data package specifically targeting Indonesians living and working in Malaysia. The new ‘Tune Talk Bisa Pak’ is meant to satisfy the growing need for mobile data alongside an affordable international call rate to Indonesia, the company said at the official launch in Kuala Lumpur on April 19.
Tech in Asia — Remember the day Indonesia’s capital was practically held hostage by out-of-control taxi drivers? A violent street protest on March 22 in Jakarta was the climax of a series of demonstrations staged by Indonesia’s taxi industry in an attempt to get apps like Uber and Grab banned.
Digital News Asia — INDONESIANS spend an average of 60 minutes per day on their apps, and tend to prefer free apps even though they take longer to install, according to the Mobile Apps Market Study on Indonesia by China Internet giant Baidu, conducted by market research firm GfK.
Digital News Asia — IN a widely anticipated move to further pare its debts, Indonesian telco PT XL Axiata has signed an agreement with PT Profesional Telekomunikasi Indonesia (Protelindo) to sell 2,500 of its 6,500 towers. The purchase price of Rp3.5 trillion (US$266.5 million) works out to Rp1.4 billion (US$106,000) per tower. The all-cash transaction will be completed by June 30.
Digital News Asia — INDONESIANS spend an average of 60 minutes per day on their apps, and tend to prefer free apps even though they take longer to install, according to the Mobile Apps Market Study on Indonesia by China Internet giant Baidu, conducted by market research firm GfK. And almost all of them access the Internet primarily via smartphones, the study found. GfK estimates that the online population is now 64.1% of the total population.
Nikkei — JAKARTA: State-run telecommunications group Telekomunikasi Indonesia will next week send to Silicon Valley the first group of local startups it is backing through an incubation program being run in collaboration with U.S. tech company Plug n Play. Telkom, as the company is also known, is setting aside at least $25 million to supply capital to about a dozen new startups this year.
Tech in Asia — Macquarie’s annual conference in Jakarta on telecoms, technology, and ecommerce is one you shouldn’t miss. Last week, it brought together top decision makers in Indonesia’s digital economy. Macquarie Group’s corporate advisory branch Macquarie Capital gained relevance in Asia’s tech industry through advising startups and tech companies on capital raising, IPOs, as well as mergers and acquisitions.
Tech in Asia —- Long anticipated, Spotify launched in Indonesia today. The premium version of the streaming music service from Sweden is available to Indonesian listeners for IDR 49,000 a month, which amounts to US$3.74. That’s a sweet deal, considering people in the US pay US$9.99 and Europeans currently pay EUR 9.99 or US$11.28 for the premium service.
Digital News Asia — A NATIONAL plan by the Government and telecommunications operators in Indonesia to stave off a ‘foreign invasion’ by actively encouraging local over-the-top (OTT) apps has got off to a slow start, with the three apps having been approved only after three months. Last December, the Association of Telecommunication Operators (ATSI) invited local startups to register their OTT services, after which three such services would be identified and earmarked for support by the association.
IBM today revealed a significant cloud services deal in the APAC region that could be a sign of things to come. The Indonesian telecommunications provider Indosat Ooredoo and its subsidiary Lintasarta have signed a five year partnership deal to develop and deliver solutions via the IBM cloud to its customer base.
Deal Street Asia — Indonesia state-owned telecommunications operator PT Telekomunikasi Selular (Telkomsel) has launched its T-Bike mobile app, which enables users to monitor and control several functions of their motorcycles through their smartphone. Meanwhile, PT Menara KPM, an emerging telco tower construction solution provider is geared expanding into fiber optics network development..
Tech Crunch — In a case of one news-reader app helping another, Japan’s Gunosy has invested $5 million in Indonesia-based Kurio. Gunosy went public in Tokyo last year; this year it has embarked on a series of investments, which included the acquisition of game strategy site Game8. Now it is turning to Southeast Asia by stumping up the cash for Kurio’s Series B round, which values the Indonesian startup at around $12 million, according to a filing.
Tech in Asia — Indonesian virtual assistant service YesBoss announced today that it has acquired HeyKuya, a Philippines-based startup, for an undisclosed amount. With this move, YesBoss has started regional expansion. HeyKuya is also a virtual personal assistant. Started in October last year, out of the Philippine company builder Machine Ventures. it’s run by a team of ten.
Times of India — JAKARTA: Over a thousand taxi drivers in the Indonesian capital of Jakarta held a protest strike against mobile transportation applications such as Uber and GrabTaxi. Taxi drivers and other public transportation drivers rallied in the city centre since 9.00 am, EFE news reported.
Tech in Asia — At Indonesia’s Bandung Institute of Technology (ITB), a team of former students is working on an idea to beat Google at its own game. Google’s Project Loon plans to introduce a fleet of high-altitude balloons to the stratosphere, from where they will beam down internet signals to remote areas. It has chosen Indonesia as one of its test sites.
Tech in Asia — It’s not that Indonesian purchasing power is going through the roof – although granted, the general affluence of the population as measured by GDP per capita is on the rise. A surge in the ecommerce industry is more or less inevitable as consumers shift away from offline to digital shopping habits.
Tech in Asia — Google’s renewed interest in technical talent in Southeast Asia now includes Indonesia, according to a post on its Asia Pacific blog. Timed to hit together with Indonesia President Joko Widodo’s visit to Silicon Valley and his meetings with tech industry leaders there, Google has announced it will help train 100,000 Indonesian mobile developers by 2020.
Tech in Asia — Indonesia’s capital Jakarta, the archipelago’s startup hub, has a new accelerator. The program calls itself GnB. It is a joint venture between US-based venture capital firm Fenox and the Japanese IT company Infocom. Like similar programs, GnB will groom early-stage startups through mentorship and access to facilities and funding opportunities. Headed by Infocom’s Kentaro Hashimoto, GnB says it will accept entrepreneurs in a variety of verticals, such as mobile, consumer Internet, or health IT.
Telecom Asia — Indonesian telecoms operator XL Axiata has picked Ericsson to transform its network through the deployment of disaggregated architecture. Ericsson will deploy its full stack cloud solution, including the Ericsson Hyperscale Datacenter System 8000 based on Intel Rack Scale Architecture, and virtual network functions (VNFs) as part of XL Axiata’s cloud evolution and realization of Network Functions Virtualization (NFV).
JAKARTA: Indonesia will block 477 websites, including social network and microblogging website Tumblr, over alleged “pornographic contents”, a top official said on Wednesday. “I have signed off the letter and sent it to the internet service provider. These websites should be blocked in the next two or three days,” Xinhua quoted Azhar Hasyim, e-business director at the Communication and Information Ministry in Jakarta, as saying.
Tech in Asia — Japanese ecommerce giant Rakuten will be shutting down its Singapore, Malaysia, and Indonesia marketplaces, it said in a press release. Further, the company confirmed with Tech in Asia that these marketplaces will shut down by March 2016. About 150 staff are about to be laid off. The company will assist with finding employment and giving severance packages in accordance with local laws, it said.
Tech in Asia — It’s a good time to be a fintech startup. Especially if your tech promises to simplify the complex process of investing. After closing a pre-series A round in November last year, Singaporean startup Call Levels today announced a strategic investment from Indonesia’s Lippo Group. The amount was not disclosed.
Digital News Asia — According to the Mobile Money Adoption Survey by the GSM Association (GSMA), there were 255 live mobile money services in 89 markets around the world in 2014, compared with 233 services across 83 markets at the end of 2013. Mobile money or the mobile wallet – where you conduct transactions using your mobile phone, in case you’re wondering – is maturing in many developing economies, including Indonesia.
Equinix has expanded its JK1 data center in Jakarta, through its partnership with DCI Indonesia (DCI). Coupled with its alliance with DCI and a premium connection with the Indonesian Internet Exchange (IIX), the second phase of development at JK1 is an indicator of Equinix’s continued commitment to the region, the company said.
Telecom Asia — Indonesia’s e-commerce market is forecast to grow at a compound annual growth rate of 31.1% to reach $3.8 billion by 2019. Research analyst firm Frost & Sullivan said this is mainly due to “positive demographics profile, robust economic growth, high mobile adoption and a large number of e-commerce players offering a wide variety of products online to Indonesian consumers.”