Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

SOEs Minister Says Expect Number of Unicorns to Increase

Translator

Antara

16 January 2022 11:42 WIB

SOEs Minister Erick Thohir. TEMPO/Tony Hartawan

TEMPO.CO, Jakarta - State-Owned Enterprises (SOEs) Minister Erick Thohir has said that he expects the number of unicorns, or start-ups with a valuation of more than $1 billion, in Indonesia to increase.

During a dialogue with the Start-Up Singo Edan Malang community, in Malang city, East Java province, on Saturday, he noted that compared to high-income countries, such as China and the United States, the number of unicorns in Indonesia is quite small.

"China has 107 unicorns, while America has more than 200 unicorns. However, Indonesia only has 8 unicorns," he stated.

Indonesia has enormous potential to increase the number of local unicorns since the country’s population is huge – meaning that Indonesia also has a large market and human resource pool for developing start-ups, Thohir added.

Hence, with such great potential, there should be more unicorns in Indonesia, he highlighted. He said he expects dozens of new Indonesian unicorns to be developed in the future.

"We want our country to become the fourth-largest economy in the world. Thus, it is not enough to only have eight unicorns. To achieve it, we must have at least 25 unicorns. I hope there will be one from Malang city," he remarked.

Hence, young Indonesians, including start-up actors in Malang city, must take advantage of the available opportunities by becoming a productive generation, the minister said.

"Do not be a consumptive generation. You must be productive. You certainly can do it," Thohir added.

Furthermore, he assured that the government will continue to encourage and assist in the establishment of new unicorns in Indonesia through programs such as the Merah Putih Fund and Sembrani Fund.

The Merah Putih Fund will mainly help ‘soonicorn’ start-ups -- enterprises with a valuation below $200 million -- to become unicorns, he said.

Meanwhile, the Sembrani Fund was launched by state-owned bank PT Bank Rakyat Indonesia, Tbk. as an investment program for local micro, small, and medium enterprises (MSMEs), he added.

As of 2021, Indonesia has eight unicorns, including Gojek (super-app services), Tokopedia (e-commerce), Traveloka (travel), Bukalapak (e-commerce), OVO (electronic payments), J&T Express (freight forwarder), Xendit (financial technology), and Ajaib (stock investment and online mutual fund).

Read: Erick Thohir to Prepare Funding for Local Startups

ANTARA



Because the State Is Not an Entrepreneur

1 hari lalu

Because the State Is Not an Entrepreneur

The government plans to accelerate the privatization of state-owned enterprises. Stop paying out budget funds for state companies.


Erick Thohir to Merge 7 SOEs into 3 Holding Companies

9 hari lalu

Erick Thohir to Merge 7 SOEs into 3 Holding Companies

Indonesian SOE Minister Erick Thohir affirms that the ministry will merge seven SOEs into three holding companies.


SOEs Minister Erick Thohir Highlights Future Housing Challenges

24 hari lalu

SOEs Minister Erick Thohir Highlights Future Housing Challenges

State-Owned Enterprises (SOEs) Minister Erick Thohir on Sunday highlighted the future challenges of housing.


MIND ID to Control 34 Percent of Vale Shares; Erick Thohir Preps New Boards

37 hari lalu

MIND ID to Control 34 Percent of Vale Shares; Erick Thohir Preps New Boards

SOE Minister Erick Thohir has shed light on the share divestment process of PT Vale Indonesia Tbk. to MIND ID, the holding company of SOEs.


Jokowi to Officiate Groundbreaking of Banking Facilities at IKN

39 hari lalu

Jokowi to Officiate Groundbreaking of Banking Facilities at IKN

President Joko Widodo (Jokowi) will officiate the groundbreaking of banking and education facilities at the new capital city Nusantara (IKN)


Erick Thohir Hails Indonesia's Rise to 142nd in FIFA Rankings

41 hari lalu

Erick Thohir Hails Indonesia's Rise to 142nd in FIFA Rankings

The Indonesian Football Association (PSSI) chair Erick Thohir is pleased to see the national team climb 4 places to 142nd in the latest FIFA rankings.


Anies Baswedan Claims Accusation of SOEs Liquidation Plan A 'Ridiculous Slander'

50 hari lalu

Anies Baswedan Claims Accusation of SOEs Liquidation Plan A 'Ridiculous Slander'

Anies Baswedan said any information must be faced with critical thinking, including the idea of an SOE transformation.


Minister Erick Thohir Says He Respects Ahok's Decision to Resign from Pertamina

53 hari lalu

Minister Erick Thohir Says He Respects Ahok's Decision to Resign from Pertamina

SOEs Minister Erick Thohir said that he respects the decision of Basuki Tjahaja Purnama, popularly known as Ahok to resign from Pertamina.


Shin Tae-yong Meets Erick Thohir, No Discussion on Contract with Indonesia National Team

54 hari lalu

Shin Tae-yong Meets Erick Thohir, No Discussion on Contract with Indonesia National Team

In the meeting with Erick Thohir, Shin Tae-yong said there was no discussion on the contract with PSSI.


DANA Becomes Member of WEF Unicorn Community 2024

17 Januari 2024

DANA Becomes Member of WEF Unicorn Community 2024

E-wallet provider DANA announced its participation as an elected member of the World Economic Forum's (WEF) Unicorn Community.