Mitsui Indonesia’s Post

LinkAja! The pride of Indonesia, a digital financial services provider and a subsidiary formed in the spirit of national synergy by State-Owned Enterprises (SOEs), such as: PT Telkomsel, PT. Mandiri Capital Indonesia (MCI), BRI Ventures, PT BNI Sekuritas, PT Pertamina Retail, PT Danareksa Capital, PT. Kereta Commuter Indonesia, PT Jasamarga Tollroad Operator, among others. LinkAja's role as a platform in the payment systems aims to drive a holistic ecosystem of non-cash financial transactions and enhance financial inclusion across Indonesia, addressing the essential payment needs of all Indonesians. It was truly an honor to lead my workshop on problem-solving and structured presentation at LinkAja. - We discussed the pyramid principle, frameworks for problem-solving, and storyline presentations. I am deeply grateful to the LinkAja's CFO Mas Reza Ari Wibowo, CEO Mas Yogi Rizkian Bahar, Head of Human Capital Mas Bany Akbar, Head of Talent and Culture Mba Ratna Tazkia Moersalin, for their warm welcome and the engaging discussions we shared. My heartfelt appreciation extends to the entire team for a session that was both memorable and enriching. Here's to many more successful collaborations! __________________________________________________________ Notes: 1) If you find this helpful, please share it with your network and let's connect. 2) For readers interested in bringing my workshop to your company, or engaging me for internal consulting role, kindly message me on LinkedIn. -> Explore my profile’s “featured posts” on problem-solving and structured presentation topics. 3) For individual readers interested in joining my workshop, kindly message me via LinkedIn. #AsepTamar #StructuredThinking #ProblemSolving #StructuredPresentation

Undisclosed sum of money has been invested in LinkAja by the international trading and investment company Mitsui & Co., a few months after the Indonesian digital payment system provider achieved EBITDA #profitability. The company intends to extend its ecosystem and operations with this acquisition, which represents the first foreign #investment in LinkAja. This will entail collaborations with its state-owned enterprise (SOE) owners. LinkAja was first a service provided by the Indonesian telco Telkomsel before being split out as a joint venture with ten SOEs in 2019. Apart from Telkomsel, which owns the majority of the company, other #investors include state-owned banks BNI, BRI, and Bank Mandiri, as well as energy behemoth Pertamina. LinkAja redesigned its business strategy and reduced costs, including an 80% decrease in marketing expenditures, under the direction of CEO Yogi Rizkian Bahar. This contributed to the company's late 2023 positive EBITDA. Additionally, the business increased its emphasis on the SOE environment; LinkAja stated in a statement that it plans to stick with this #strategy through 2024. Additionally, the corporation has stated that it hopes to have a positive net income by this year. The investment would help Mitsui expand its digital banking business, particularly in retail and ICT.“As society continues to digitalize, we are also growing our focus on the value of the digital economy, including digital finance in Indonesia,” said Shinichi Kikuchihara, Mitsui Indonesia’s president director. To share your startup story write us on - contact@startuprise.org #investmentnews #digitalbanking #business #indonesia

Grateful for the enriching experience at the Sekolah Pasar Modal 2024, hosted by the Indonesia Stock Exchange. 📈 Excited to apply newfound knowledge and insights to navigate the dynamic world of investments. #CapitalMarketEducation #IndonesiaStockExchange #InvestmentJourney"

Indonesia’s Push to Streamline State Investments 🇮🇩 Indonesia, under the leadership of Prabowo Subianto, is launching an initiative to streamline state investments through a dedicated agency. It This move aims to enhance the country’s ability to attract foreign investment and boost infrastructure and economic growth. By improving management and transparency, Indonesia is positioning itself as a more attractive hub for international investors. 💡 Why it matters: For asset managers and investors, this signifies increasing opportunities in Indonesia, particularly in infrastructure, technology, and natural resources. The streamlined investment approach could unlock more efficient pathways for capital deployment in a fast-growing market. 📩 Stay ahead of these developments with AsstMgmtBrief: asstmgmtbrief.com #Indonesia #FDI #AssetManagement #EmergingMarkets #InvestmentOpportunities #AsstMgmtBrief Photo Credit: Jakarta Post

🌐Expanding Horizons: LinkAja’s Bold Move with Mitsui Backing! 🚀 In a groundbreaking deal, LinkAja—Indonesia’s digital wallet and payment services provider—has secured its first international investment from Mitsui. 🤝 Here’s the scoop: Ecosystem Expansion: LinkAja plans to broaden its reach by partnering with state-owned enterprises (SOEs). 🌱 Origins and Evolution: Born as a service under Indonesian telco Telkomsel, LinkAja emerged as a joint venture among 10 SOEs in 2019. It now offers digital wallets, payment services, and bulk payment solutions for enterprises. 💼 Investor Lineup: Besides Telkomsel, energy giant Pertamina and state-owned banks BNI, BRI, and Bank Mandiri have invested in LinkAja. 💰 This post is brought to you by Spiking Wealth Masterclass. Sign up for Early Bird at $0 now: https://spi.ke/mc25 CEO’s Vision: Under CEO Yogi Rizkian Bahar’s leadership, LinkAja slashed marketing expenses by 80%, achieving positive EBITDA in late 2023. 📈 SOE Focus: LinkAja’s strategy centers on the SOE ecosystem, with plans to maintain this focus in 2024 and achieve positive net income. 💡 Mitsui’s Play: Mitsui’s investment aligns with its digital finance ambitions, particularly in ICT and retail. 🌐 Get ready for a digital revolution in Indonesia! 🇮🇩💸 Dr. Clemen Chiang (PhD, MBA) #FintechNews #DigitalEconomy #InvestmentInsights #LinkAja #MitsuiBacking

🌟 Thrilled to share that I have successfully completed the "Sekolah Pasar Modal" program organized by the Indonesia Stock Exchange (IDX) on March 4, 2024! 🌟 This enriching experience has deepened my understanding of the financial markets, investment strategies, and the critical role of the stock exchange in Indonesia's economic growth. A huge thank you to PT Bursa Efek Indonesia for this opportunity and to all the instructors and participants for their valuable insights and discussions. Looking forward to applying this knowledge and contributing to the financial industry. #Investment #StockMarket #IDX #FinancialEducation #SekolahPasarModal #ProfessionalDevelopment #Finance #IndonesiaStockExchange

🔔 Breaking news! Prabowo Subianto has formally been declared as Indonesia's next president 🇮🇩 Foreign investors, brace for impact! 🌍 #Indonesia's economy is on a roller coaster ride, but this one's going up. With Prabowo at the helm, we're looking at a continuity of policies that have already boosted sovereign ratings. From developing commodity sectors to modernizing infrastructure, the agenda is disciplined and macroeconomic. What's more? The government's ban on unprocessed metals has catapulted Indonesia onto the global resource supply chain stage. Especially for electric vehicle batteries. 🚗⚡ But wait, there's more! The ambitious US$35 billion project to relocate the capital to Nusantara on Borneo continues. An epic 2,000km move from Jakarta. The vision? Transform Indonesia into an advanced economy, integrated into global value chains. Changes are afoot, including regulatory shifts to encourage foreign investment, a growing tax base, and deepening capital markets. It's not just about the short-term. It's about the long game. With a population nearing 300 million, competitive labor market, and increasing incomes, Indonesia is a land of opportunity. So, Western executives, it's time to adopt a long-term perspective. Welcome to the new era of business in Indonesia. The Prabowo era. 🚀🌏📈

#BEECommunitySpotlight: Over the last financial quarter, Indonesian lending & financial solutions leader Amartha has been making strides in creating tangible impact, empowering SMEs in the market. The company has consistently been on a capital growth trajectory of 30% year-on-year, in both top and bottom lines. We commend Amartha on their people-first financial pathway innovations built through robust digital financing infrastructures in the Indonesian economy, and are delighted to continue standing with the team on their mission towards financial sustainability. Here’s to many more milestones. Andi Taufan Garuda Putra | Dirk Van Quaquebeke | Faiz Rahman #BEECommunity #Amartha #Indonesia #sme #fintech #financialsolutions #lending #SEAeconomy #sustainability #innovation #growth #profitability #digitalfinance 

Indonesia: another frequently asked question answered (New article on the REAB website) How to do business in Indonesia? Just open a company! Indonesia offers attractive opportunities for foreign investors due to its large and young population, growing consumption rates, abundant natural resources and accessible labor force. Ivan Gorkovenko Full text at https://lnkd.in/eZF4hubD #indonesia #investments #reviews #starting_a_business