Experts warn the new economic zone will be a ‘serious threat’ that could exacerbate Indonesia’s struggles to attract top-tier investments.

Super Bank’s backers also include app platform Grab Holdings and Singapore Telecommunications and KakaoBank Corp., according to its website. It traces its roots back to 1993, when it was known as PT Bank Fama International.

Deputy Speaker of the Indonesian House of Representatives (DPR RI) Sufmi Dasco Ahmad (third right) with Singaporean Ambassador to Indonesia, Kwok Fook Seng (third left), at the parliament complex, Senayan, Jakarta, on Friday (January 17, 2025). (ANTARA/HO-DPR RI/rst)

The city also led fintech funding in Q3 2024. In 2024, Singapore emerged as the top city contributing to fintech funding in Southeast Asia (SEA), raising a total of $995m, Traxcn reported. Jakarta followed with a wide margin at $242m,

BP Batam views the establishment of the new Special Economic Zone as a strategic opportunity to create new economic potential.

JAKARTA/SINGAPORE: When Indonesia stages its next general elections in 2029, Southeast Asia’s biggest economy could see fresh faces armed with new and exciting ideas vying for the presidency.

They are targeting 50 projects at the economic zone within the first five years of its inception, and the creation of 20,000 skilled jobs.

TEMPO.CO, Jakarta - Singapore and Malaysia recently officially launched the Johor-Singapore Economic Zone (JS-SEZ). This project is expected to not only strengthen bilateral relations but also become a global model for cross-border collaboration in climate change mitigation and sustainable energy development.

Taeyeon, the powerhouse vocalist from Girls’ Generation, is set to grace the Singapore Indoor Stadium with not one, but two electrifying performances on May 3 and 4, 2025. These shows are part of her highly anticipated The Tense concert tour.

Indonesia's new India-specific special economic zone (SEZ) in Jababeka Industrial Estate aims to attract Indian investments by offering tailored facilities and regulatory certainty, situated just 45 minutes from Jakarta.

Singapore Management University (SMU) started out as a bold experiment in transforming the higher education in Singapore. Today, it has already gained the recognition of being a globally recognised institution at the forefront of transformative education and cutting-edge research,

The exercise aims to develop common maritime situational awareness by enhancing the cooperation in the field of maritime surveillance, maritime interdiction operations and air operations along with the conduct of progressive training and information sharing.