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U.S. companies support COVID-19 relief in Indonesia, Southeast Asia

Candid

Chamber of Commerce with support from Business Roundtable — has announced commitments in support of COVID-19 pandemic relief and response efforts in Indonesia and Southeast Asia. Indonesia now accounts for approximately one in five fatalities globally as it struggles with shortages of oxygen and hospital capacity.

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Indonesian government data centers face audit after ransomware attack reveals lack of backups

TechSpot

On June 20, Indonesia's Temporary National Data Center (PDNS), which is operated by the Ministry of Communication and Information Technology, was compromised by a variant of the LockBit 3.0 malware called Brain Cipher. Like most modern ransomware, Brain Cipher exfiltrates sensitive data and encrypts it, also known as double extortion.

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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

TechCrunch

Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. The company works primarily with small fisheries (or ones that have boats with about one to two metric tonnes of capacity) and focuses on sustainability, helping suppliers adhere to the United Nations Goal 14’s targets. Series B round.

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Waste4Change is building a circular economy in Indonesia

TechCrunch

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. Sustainability is the team’s main focus, with a demonstrated commitment to building a better future for Indonesia. Founded in 2014, Waste4Change has seen a CAGR of 55.1%

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5 takeaways on trust in NGOs to manage new innovations and technologies 

Candid

For 20 years, the global communications firm Edelman has studied the influence of trust across government, media, business, and nongovernmental organizations (NGOs). Respondents in six wealthier nations—the Netherlands, South Korea, the United Kingdom, Sweden, Germany, and Japan—fewer than half of respondents trusted NGOs.

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

It is a young country as well — having gained independence in 1963 — and resides in a neighborhood with far larger economies, including China, Indonesia, and Vietnam. Numerous factors have contributed to building Singapore’s startup ecosystem, with government intervention and leadership being the dominant driving forces.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Gojek’s GoPay is also partnered with the Indonesia mosque council to allow users to make zakat, or obligatory alms giving, online. out of its 33.6