Indonesia: Bandar Al Hajjar is new president of IDB; GoJek ties up with BCA for Go-Pay

Photo by Gojek

While the Islamic Development Bank (IDB) has chosen new president, ride hailing app Go Jek has tied up with BCA for development of payments solutions.

Bandar Al Hajjar is new president of IDB

The Islamic Development Bank (IDB) has chosen former economist and Minister of Hajj of Saudi Arabia Bandar bin Mohammed bin Hamza Asaad Al-Hajjar as the new president to replace Ahmed Mohamad Ali. This was announced at the 41st annual session of the Board of Governors of IDB in Jakarta on May 19.

The former chairman of the National Society for Human Rights and deputy chairman of the Shoura Council, he was born in 1953 in Madinah and did his bachelor’s in economics and politics from King Saud University in Riyadh and Master’s in economics from Indiana University in the US.and a PhD in economics from Loughborough University in England.

The IDB provides sharia-compatible funding and technical assistance to its 57 member countries.

GoJek ties with BCA for Go-Pay

Indonesia based ride-hailing app GoJek has signed a partnership with PT Bank Central Asia Tbk (BBCA) to develop Go-Pay.

The bank will provide an integrated cash management solution, which allows Go-Jek users to top up their credit through BCA virtual accounts such as KlikBCA, m-BCA , and BCA Mobile.

The partnership also includes a host to host (H2H) ERP integration solution, which allows Go-Jek to wire funds to its driving partners. “This partnership is aimed to optimize our user experience because in the end, it’s all that matters,” said Go-Jek CEO Nadiem Makarim on the sidelines of the signing ceremony in Jakarta.

The collaboration will stretch across technology, payments, and promotions. However, further details of the partnership are still being discussed, and will be announced later in May.

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Of Indonesian tech business & startups : 5 trends and opportunities

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.