VENTURE CAPITAL POST

A 23-year-old Indonesian woman had an awkward experience during her flight back to Bali after she called in sick and encountered her boss who was flying on the same plane.

Bank Indonesia announced that its interest rate was maintained at 6.25% for a second month in a row since April despite the weakening of the rupiah.

Indonesia's anti-trust agency is investigating the local operations of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition regulations.

Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.

Elon Musk recently arrived in Bali to inaugurate the Starlink satellite internet service, aiming to provide reliable internet access to Indonesia's remote areas.

An engine of Garuda Indonesia Flight 1105, a Boeing 747-400 carrying Muslim pilgrims to Mecca, caught fire during takeoff in Makassar airport, forcing the pilot to return to the runway in an emergency landing.

Recent visits by tech giants like Apple and Microsoft signal Indonesia as a prime destination for significant tech investments fueled by its growing digital economy and abundant natural resources.

Tim Cook said Apple would "look at" manufacturing in Indonesia after meeting with President Joko Widodo.

An exhibition of big bikes will be hosted by the Jakarta International Expo in Kemayoran, Central Jakarta on February 22-26, 2017.

Leonardo DiCaprio can still visit Indonesia and will not be barred as an Indonesian minister appreciates his effort about the plight of the animals and how to help them and looks forward on working with him.

Leonardo DiCaprio visited Gunung Leuser National Park in Aceh using a tourist visa on Sunday. He posted remarks in his Instagram account about the deforestation of large hectares of land intended for palm oil plantation and the dangers it impose on the nation's flora and fauna.

Gobi Partners along with Malaysia Venture Capital has created a $14.5 million investment pool to focus on tech start-ups in the Southeast Asian region.

Ride-hailing app Grab is partnering with Indonesian conglomerate Lippo Group. Under the deal, Grab will provide its service to deliver products from the conglomerate’s e-commerce. The deal emerged when ride-hailing services in Indonesia are facing challenges in terms of regulations.

China will try to draw up rules to regulate ride hailing service as the market has grown very big. Meanwhile Indonesia transportation minister plan to ban Uber and GrabTaxi.

OJK Issued a new regulation with regards to Venture Capital Companies. The new provision changes the licensing and organization of venture capital companies, and includes sharia law and sharia-based legal entities.