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Asia Tech, October 2024
Asia's Tech Newsletter, Weekly
Indo-Pacific Studies Center

September: Indonesia

The September 2024 Indonesia tech news snapshot briefly captures items including: plans for Indonesian datacenters; e-commerce competition heating up in response to TikTok; Indonesia-Singapore subsea cable connections; Australian startups and the Indonesian market; and more.

Plus: Asia’s Tech News, Weekly newsletter >

Securing critical minerals for energy transition

Critical minerals and the energy transition

  • YouTube and Shopee e-commerce platform to launch online shopping service in Indonesia, with sights on wider Southeast Asia, as competition with China’s TikTok grows / full item
  • New Indonesia-to-Singapore Nongsa-Changi undersea cable was recently announced, targeting Q4 2025 operations connecting with Nongsa Digital Park / full item
  • Indonesia: PT Telkom Data Ekosistem, subsidiary of state-owned telco, now targeting data center capacity of up to 500MW by 2030, seeing opportunities in AI-focused services / full item

Tech in Asia Conference Jakarta: October 23-24 – eFishery, Golden Gate Ventures, Xendit, Globe Telecom, GoTo, Kopi Kenangan, Antler VC… / full item

  • Indonesia’s GoTo to close Gojek on-demand ride-hail, delivery and courier business in Vietnam, cutting losses in the face of broadly unprofitable operations / full item
  • India’s Bharat Web3 Association inks agreements with Australia’s Digital Economy Council and Asosiasi Blockchain Indonesia for collaboration, standards development and more / full item

“…44% of GenAI startups are based in Singapore, followed by Vietnam (27%), Indonesia (13%), Thailand (7%), Malaysia (6%), and the Philippines (3%)…” / full item

  • Australia: NSW startups gain SE Asia market access with International Landing Pads agreements in Vietnam, Indonesia and Malaysia, and reciprocal access / full item
  • Thailand’s Krungsri and Japan’s MUFG ink MoU with banks from Vietnam, Indonesia and The Philippines to coordinate market entry for Thai firms across ASEAN / full item
Indonesia's critical minerals strategy

East Asia Forum: Indonesia’s critical minerals strategy

Asia Tech Weekly newsletter

Critical technologies globally in Q3 2024

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