Indonesia: Subsidised workspace introduced; FlySpaces launched; 3C Wireless releases branch solution

Mark Gamon holds a branch connectivity solution device. Photo by Antonia Timmerman

The Jakarta city administration has launched a new co-working space to support the burgeoning creative businesses and startups in the city. Also in Jakarta, Manila-based marketplace platform FlySpaces has been introduced. Meanwhile, Australian machine-to-machine company 3C Wireless has released its latest device to enhance the Indonesian financial market.

Jakarta Creative Hub

The bustling capital city of Indonesia has always been having problems with space – whether for residence, office, or city parks – and its skyrocketing prices. Now that its youngsters are quitting multinational companies and starting their own businesses, the problem becomes more and more urgent, as they need a place to work.

Doing its part to help these businesses grow, the Jakarta city administration launched The Jakarta Creative Hub – a fully subsidized co-working space for young entrepreneurs. The space will provide place to work, facilitate trainings, workshops, and conference. It also houses machines such as 3D printers, woodworking, sewing, and fashion sizing machines which entrepreneurs can use at a lower price.

Located at Gedung Graha Niaga Thamrin in Central Jakarta, the space is within walking distance to the Bundaran Hotel Indonesia city landmark. The 1,500 square meter space will include 12 meeting rooms and classrooms.

Residents who have Jakarta identification cards may apply to use the space, according to local media reports. The management will then select users who they consider to be creative and genuinely wishing to create businesses, particularly in the fashion industry.

FlySpaces

The ‘Airbnb for work spaces’, FlySpaces, has been introduced in Jakarta. The platform was first launched in the Philippines in 2015, and entered Singapore a few months after. It then expanded to Hong Kong, Macau, and Kuala Lumpur, before launching in Jakarta.

Like Airbnb, the platform connects property owners and users who are looking for spaces with flexible arrangements. Users can find meeting rooms, desks in a shared space, or private offices, that can be booked according to their needs at a given time.

“Together with Manila, Jakarta is the city that I am most excited about, being the capital of Southeast Asia’s biggest economy. With tremendous growth, enormous numbers of SMEs, and of course its vibrant startup scene with high caliber companies such as Go-Jek, there is little doubt of its potential,” FlySpaces CEO and Founder Mario Berta said in a statement.

FlySpaces raised $500,000 in a seed round in early 2016, and is now in the process of securing another round.

3C Wireless

Australia-based 3C Wireless has announced the release of a bank branch connectivity solution, following the success of its wireless ATM device launched last year. The device is expected to be used by at least 20 top banks in Indonesia, aimed to help pave the way for digitalization of banking services across the country.

It has all the necessary features to guarantee security and high-availability, the company said. The device will make setting up branches much easier for banks, not to mention cheaper.

Commenting on the release, managing director and founder Mark Gamon said: “This newly released 3C bank branch solution is based on financial industry requirements…which allows branch industry the ability to tackle key concerns such as diverse branch sizes and needs, lower operating costs, rapid deployment of micro-branches and ATMs, high availability, and new service development.”

In Indonesia, 3C Wireless competes with local carriers such as Indosat, Telkomsel, and XL. However, the firm is confident that its focused products are distinct, and will stand out among other enables in the country’s massive financial industry.

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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.