Problems Behind Shopee's Efficiency Step

Shopee plans to lay off workers in Indonesia in line with the deteriorating performance of Sea Group, which is its parent company.

PLN and Pertamina Bear Subsidies

Despite the global oil price increase, the government did not raise fuel and electricity prices. As a result, PLN and Pertamina have to bear the subsidies.

Shopee Safe in Indonesia Despite World Storm

Singapore-based e-commerce company Shopee has reoriented its business in several countries, leading to layoffs. However, this condition does not occur in Indonesia.

Row of Global and Local Giants on GoTo

Members of the DPR highlighted Telkomsel's investment in PT GoTo Gojek Tokopedia Tbk (GoTo) even though several global and local giants had previously invested in Gojek and Tokopedia, the forerunners of GoTo.

Telkomsel's Reason for Investing in GoTo

There are many potential startups in Indonesia. However, Telkomsel chose to invest in GoTo since it aligns with the company's long-term strategy and has strong potential for synergies.

Bukalapak's Record on the Stock Exchange

Bukalapak made history as the first unicorn in Indonesia to issue shares on the Indonesia Stock Exchange. The company received fresh funds of Rp 21.9 trillion, the largest in an IPO on the domestic stock exchange.