Author: Masyitha Baziad
All stakeholders in Indonesia’s digital economy – from corporates and the startup community, to the Government – need to embrace failure, urged Trade Minister Thomas Trikasih Lembong.
Indonesian President Joko ‘Jokowi’ Widodo has instructed his administration to allocate a special state fund for startups, but former ministers say that’s easier said than done.
The country’s e-commerce and digital momentum should be directed at helping grow the economy in rural Indonesia, said President Joko ‘Jokowi’ Widodo, who promised to hasten the process.
Telkom recorded a 16.6% increase in revenue to US$2.1 billion in the first quarter of 2016 versus US$1.8 billion in the same period last year, thanks to its data and Internet business.
Speaking to DNA on the sidelines of the recent Oppo F1 launch event in Jakarta, media engagement officer Aryo Meidianto said that Oppo is trying to capture 20% of the smartphone market in Indonesia.
Indonesia’s Transportation Ministry has come up with a new ministerial decree that defines ride-sharing services as transportation providers, requiring them to comply with the public transportation licensing regime within six months or be declared illegal.
With the amount of data the world is generating every day, companies need to inculcate the data-driven culture or perish, industry experts and players argued.
Indonesian VC firm Alpha JWC Ventures has a small portfolio because it is not so concerned about returns as it is about mentoring its startups, it three cofounders tell Masyitha Baziad.
The playbook has changed. Telcos now have to look at their business as a service, suggested Huawei Consulting principal consultant Nigel Bruin.
Like many countries today, Indonesia too has a national broadband plan – but the government must take the lead to ensure there is robust competition and infrastructure, according to industry players.