Fri, 10 Jul 2015
Amid mushrooming digital startup companies in the country, Creative Economy Agency (Bekraf) head Triawan Munaf said that the agency was planning to hold a startup incubation program next year to accelerate the growth and replicate success of startups.

“This will be our priority program next year, in cooperation with bubu.com we will incubate potential digital startups and assist them in developing,” Triawan told reporters on Wednesday evening after a press conference for 2015 IDByte.

“As part of the incubation program, we also plan to allocate a budget next year to send the potential startups to Silicon Valley,” he continued, adding that the budget was still being calculated.

Triawan previously said that President Joko “Jokowi” Widodo had tasked the agency with supporting the digital industry, including game and application developers to prevent them from becoming one-hit wonders or ending up selling the apps to foreign enterprises.

“We want them to be able to continuously contribute to increasing our foreign exchange income, to become the new Indonesian billionaires, like the founder of Facebook,” Triawan said. “We will do as much as we can to encourage them to keep developing the products in the country by providing supportive regulations and incentives,” he continued.

Founder and CEO of web developer bubu.com Shinta W. Dhanuwardoyo also said that the incubation program was important since the country was still lacking a proper incubation program for digital startups.

“We proposed the program to Bekraf and we plan to cooperate with foreign digital startup experts,” said Shinta, who is also the initiator of IDByte, the country’s biggest biannual digital event, which will be held from Sept. 30 to Oct. 2.

Comprising road shows, workshops, exhibition, conference and awards night; the Bubu Awards, IDByte aims to encourage the local digital industry and contribute to the country’s economy.

“The fast-growing technology and digital industry provides a good opportunity for the industry to further contribute to the country’s economy,” Shinta said.

“By holding IDByte, we expect to pave the way for the local digital industry to take part and become an important player in the global industry, not only as a consumer,” she continued.

Meanwhile, Bandung Mayor Ridwan Kamil, who also attended the event, said that regional administrations should also support the growth of the creative economy industry, including technology and digital.

Ridwan said that the city would officially launch Bandung Technopolis, a technology and innovation-based central business district, next year.

Ridwan said that Bandung Technopolis, which occupies 800 hectares, would provide space for a learning center, playground as well as business activities. He added that foreign digital companies ranging from Google and Facebook to new digital startups could collaborate in the district.



News Search/Filter
Transaction Rates
16 Aug 18
Buy
Sell
AED1
3,904.98
3,904.98
AFN1
196.77
196.77
ALL1
129.39
129.39
AMD1
29.73
29.73
ANG1
7,772.77
7,772.77
AOA1
53.35
53.35
ARS1
482.14
482.14
AUD1
10,375.77
10,375.77
AWG1
7,995.37
7,995.37
AZN1
8,425.09
8,425.09
BAM1
8,299.56
8,299.56
BBD1
7,171.86
7,171.86
BDT1
169.71
169.71
BGN1
8,319.73
8,319.73
BHD1
38,038.03
38,038.03
BIF1
8.10
8.10
BMD1
14,343.72
14,343.72
BND1
9,493.49
9,493.49
BOB1
2,075.83
2,075.83
BRL1
3,675.14
3,675.14
BSD1
14,343.72
14,343.72
BTC1
91,583,896
91,583,896
BTN1
205.12
205.12
BWP1
1,324.36
1,324.36
BYN1
6,969.22
6,969.22
BZD1
7,134.69
7,134.69
CAD1
10,909.89
10,909.89
CDF1
8.81
8.81
CHF1
14,437.67
14,437.67
CLF1
613,504.02
613,504.02
CLP1
21.48
21.48
CNH1
2,065.99
2,065.99
CNY1
2,068.08
2,068.08
COP1
4.76
4.76
CRC1
25.27
25.27
CUC1
14,343.72
14,343.72
CUP1
562.49
562.49
CVE1
147.19
147.19
CZK1
631.41
631.41
DJF1
80.56
80.56
DKK1
2,182.21
2,182.21
DOP1
287.50
287.50
DZD1
120.29
120.29
EGP1
801.50
801.50
ERN1
956.45
956.45
ETB1
519.14
519.14
EUR1
16,267.66
16,267.66
FJD1
6,765.74
6,765.74
FKP1
18,206.39
18,206.39
GBP1
18,206.39
18,206.39
GEL1
5,780.22
5,780.22
GGP1
18,206.39
18,206.39
GHS1
2,943.81
2,943.81
GIP1
18,206.39
18,206.39
GMD1
297.89
297.89
GNF1
1.58
1.58
GTQ1
1,913.77
1,913.77
GYD1
68.67
68.67
HKD1
1,827.29
1,827.29
HNL1
596.66
596.66
HRK1
2,190.41
2,190.41
HTG1
212.81
212.81
HUF1
50.12
50.12
IDR1
1.00
1.00
ILS1
3,892.81
3,892.81
IMP1
18,206.39
18,206.39
INR1
204.10
204.10
IQD1
12.03
12.03
IRR1
0.33
0.33
ISK1
131.24
131.24
JEP1
18,206.39
18,206.39
JMD1
105.56
105.56
JOD1
20,216.57
20,216.57
JPY1
129.72
129.72
KES1
142.30
142.30
KGS1
210.51
210.51
KHR1
3.52
3.52
KMF1
33.06
33.06
KPW1
15.93
15.93
KRW1
12.61
12.61
KWD1
47,280.81
47,280.81
KYD1
17,207.68
17,207.68
KZT1
39.64
39.64
LAK1
1.68
1.68
LBP1
9.49
9.49
LKR1
89.54
89.54
LRD1
93.32
93.32
LSL1
1,006.22
1,006.22
LYD1
10,276.86
10,276.86
MAD1
1,497.80
1,497.80
MDL1
864.13
864.13
MGA1
4.31
4.31
MKD1
264.18
264.18
MMK1
9.47
9.47
MNT1
5.87
5.87
MOP1
1,773.66
1,773.66
MRO1
40.12
40.12
MRU1
398.99
398.99
MUR1
412.17
412.17
MVR1
927.19
927.19
MWK1
19.72
19.72
MXN1
747.55
747.55
MYR1
3,495.48
3,495.48
MZN1
245.52
245.52
NAD1
1,005.51
1,005.51
NGN1
39.74
39.74
NIO1
447.89
447.89
NOK1
1,695.20
1,695.20
NPR1
128.20
128.20
NZD1
9,405.39
9,405.39
OMR1
37,254.49
37,254.49
PAB1
14,343.72
14,343.72
PEN1
4,323.00
4,323.00
PGK1
4,328.25
4,328.25
PHP1
267.88
267.88
PKR1
116.12
116.12
PLN1
3,764.23
3,764.23
PYG1
2.49
2.49
QAR1
3,939.43
3,939.43
RON1
3,487.43
3,487.43
RSD1
137.90
137.90
RUB1
213.05
213.05
RWF1
16.33
16.33
SAR1
3,823.97
3,823.97
SBD1
1,818.16
1,818.16
SCR1
1,055.33
1,055.33
SDG1
796.69
796.69
SEK1
1,557.02
1,557.02
SGD1
10,392.95
10,392.95
SHP1
18,206.39
18,206.39
SLL1
2.19
2.19
SOS1
24.79
24.79
SRD1
1,923.26
1,923.26
SSP1
110.11
110.11
STD1
0.68
0.68
STN1
660.54
660.54
SVC1
1,638.95
1,638.95
SYP1
27.85
27.85
SZL1
984.80
984.80
THB1
430.35
430.35
TJS1
1,522.29
1,522.29
TMT1
4,098.23
4,098.23
TND1
5,154.61
5,154.61
TOP1
6,207.95
6,207.95
TRY1
2,398.64
2,398.64
TTD1
2,127.88
2,127.88
TWD1
465.08
465.08
TZS1
6.28
6.28
UAH1
522.33
522.33
UGX1
3.83
3.83
USD1
14,343.72
14,343.72
UYU1
457.87
457.87
UZS1
1.84
1.84
VEF1
0.10
0.10
VND1
0.62
0.62
VUV1
132.20
132.20
WST1
5,541.25
5,541.25
XAF1
24.79
24.79
XAG1
211,784.47
211,784.47
XAU1
17,028,223.52
17,028,223.52
XCD1
5,307.47
5,307.47
XDR1
19,983.25
19,983.25
XOF1
24.79
24.79
XPD1
14,201,707.01
14,201,707.01
XPF1
136.32
136.32
XPT1
11,291,959.19
11,291,959.19
YER1
57.28
57.28
ZAR1
984.89
984.89
ZMW1
1,405.97
1,405.97
ZWL1
44.49
44.49
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services