Antonia Timmerman

Indonesia’s Bank Mandiri to step up focus on Singapore, China ops

The bank is waiting for Singaporean authorities to approve its application for a capital market licence.

Samsung Venture leads $13.5m round for Japan’s Kyulux

Participating in the round were global OLED panel manufacturers including Samsung Display, LG Display, Japan Display and JOLED, top tier Japanese venture capital funds, and a Japanese Government affiliated venture fund.

Telkom’s MDI Ventures to invest $25m in 10 Indonesian startups in 2016

MDI Ventures focuses on investments that enhance digital experience such as digital ads, big data, payment solutions, cloud computing, e-commerce, blockchain, and internet of things.

Indonesia: YesBoss plans Singapore, Malaysia expansion, eyes Series A funding

YesBoss was looking at widening its reach in the region as part of a long-term strategy, while maintaining focus on service development in Indonesia.

Indonesia: Blackberry, Twitter, Google, Spotify agree to form local entities, JVs in-line with new OTT rules

Last week, the ministry of Communication and Information had released an official statement, saying that foreign OTT providers would be required to acquire licenses in the country.

Indonesian government releases new norms for OTT mobile service providers

The Indonesian government has finally released a regulation requiring foreign over the top (OTT) mobile service providers to acquire licences in the country. The new announcement, which will be followed by a ministrial regulation in the near future, is aimed at protecting and encouraging the development of local OTT internet applications. In… Read more »