Using satellite images of Lombok from the days following the August 5 quake, scientists from NASA and the California Institute of Technology’s joint rapid imaging project measured changes in the island’s surface. In the northwest of the island near the epicentre, the ground lifted a quarter of a metre. In …
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More than 500 hikers evacuated from Indonesian volcano after quake
Tonnes of rock and mud were dislodged on Mount Rinjani in the 6.4-magnitude quake, which struck early Sunday and was followed by scores of aftershocks, blocking the hiking routes that crisscross the mountain. An estimated 560 stranded trekkers were thought to have included citizens from the United States, France, the …
Read More »PM Modi, Indonesian President Widodo agree to take bilateral relations to new level
The warmth and bonhomie evident at the Prime Minister Narendra Modi’s meeting with Indonesian President Joko Widodo signifies the importance of growth in ties. During first leg of his three nation tour, Prime Minister Narendra Modi held talks with President Widodo and underlined importance of boosting diplomatic, trade and economic …
Read More »Singapore’s property portal 99.co to acquire Indonesian real estate platform UrbanIndo
22/1/2018 – Singapore’s property portal 99.co announced that it has acquired UrbanIndo, one of the largest real estate platform in Indonesia for an undisclosed sum. The acquisition will see 99.co gain a bigger foothold in Indonesia as it adds UrbanIndo’s 1.2 million active property listings in Indonesia to its existing …
Read More »Indonesian new retail startup Warung Pintar secures US$4 million from SMDV, East Ventures, and others
12/2/2018 – Indonesian retail tech startup Warung Pintar announced that it has secured a US$4 million seed funding from SMDV, East Ventures, Insignia Ventures Partner, Digital Garage, Triputra Group and various angel investors. Apart from fundings, Warung Pintar will also receive technological assistance by East Ventures’ portfolio companies including Moka …
Read More »Indonesian P2P firm UangTeman to raise up to US$20 million Series B
28/2/2018 – Indonesian peer-to-peer lending platform UangTeman announced today that it is set to raise a Series B financing round by mid-2018, claiming that it would be one of the largest rounds for a fintech firm in Southeast Asia. According to UangTeman Founder and CEO Aidil Zulkifli, the financing round …
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