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Indonesia: $10.92 Billion Startups and Fundraising Market in 2022

According to Indonesia’s financial regulator, $10.92 Billion is the capital market fundraising in Indonesia this year. This includes initial public offerings (IPOs), and debt instruments. Its goal is well below what was raised in 2022.

Last year, capital market transactions raised approximately 260 trillion rupiah, including the IPO by top tech company PT GoTo Gojek Tokopedia which raised $1.1 million in April.

GDP of indonesia is 5.45%

The GDP of indonesia is 5.45% rise in Q2, indonesia’s economy grew by 5.72% yoy during Q3 2022. This compares with market estimates of a 5.89% increase.

This was the sixth consecutive quarter of growth and the fastest pace since 2021’s Q2. It was aided by an additional recovery in the economy after pandemic disruptions.
Indonesia approved the first plan for development of the Tuna offshore oil field. The total investment is estimated at $3.07 trillion.

Indonesia infractustructures

According to Indonesia’s energy minister, natural gas from the Tuna field (which is owned by Harbour Energy in London) will be exported to Vietnam beginning in 2026.

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