GoTo and TikTok Announce Transaction Completion
An official press release published on Wednesday (31/1/24) by GoTo, announced the completion of a previously announced transaction between PT GoTo Gojek Tokopedia Tbk (“GoTo”), the largest digital ecosystem in Indonesia, and TikTok, a leading global entertainment platform that aims to drive long-term growth for Indonesia’s MSMEs and digital economy. Tokopedia and TikTok Shop Indonesia’s
The post GoTo and TikTok Announce Transaction Completion appeared first on Invest Indonesia.
Highest Ever Net Profit for Bank Mandiri
According to reporting from Jakarta Globe, state-owned Bank Mandiri announced on Wednesday (31/1/24,) that it achieved a record-high net profit of IDR 55.1-trillion (approx. USD 3.5-billion) in 2023, reflecting growth of 33.7-percent year-on-year and disbursing IDR 1,398.1-trillion in credit in 2023, marking a 16.3-percent increase over 2022. Speaking at a news conference in Jakarta, Bank
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Select Hotels Group Expands from Japan to West Java
According to reporting from Travel Trade Gazette Asia (TTG Asia), Japan’s Select Hotels Group has earmarked Indonesia as its first market expansion beyond its home base in Japan through a management takeover of the 192-room Enso Hotel by Celecton in the industrial area of Cikarang, West Java. The Japanese hotel company, which was founded in
The post Select Hotels Group Expands from Japan to West Java appeared first on Expat Indonesia.
Ground-breaking for Stanford’s Digital Ecosystem Centre Coming Soon
According to reporting from Antara News, the Nusantara Capital City Authority (OIKN) announced on Tuesday (30/1/24,) that Stanford University of the United States will carry out the ground-breaking of a digital ecosystem centre in Nusantara (IKN) in the next two months. Speaking at a press conference held by the Ministry of Communication and Informatics (Kominfo)
The post Ground-breaking for Stanford’s Digital Ecosystem Centre Coming Soon appeared first on Invest Indonesia.
