Sign up | Log in



Home  >>   Daily News  >>   Indonesia  News  >>   IT & Electronics  >>   Indonesian Internet users should attract investors
NEWS UPDATES Asean Affairs        25  April 2011

Indonesian Internet users should attract investors

Related Stories

March 11, 2011
Huawei to construct Indo-Malaysia sea cables

October 27, 2010
Dell signals Indonesian goals with tablet release

October 16, 2010
LTE tech still long time to go in Indonesia

June 25, 2010
Chinese firm invests US$2 million in Indonesia

Indonesia’s large population and growing Internet use will draw tech entrepreneurs to expand their business here, an investment manager says.

James Chan, a Singapore-based investment manager at Neoteny Labs, said Indonesia showed similar patterns in its Internet-based business development as two other large Asian markets, China and India.

For Singapore-based tech entrepreneurs, he said, Indonesia is the most sensible choice as it is the largest Southeast Asian country with a large user base for its national language. Singapore, on the other hand, has a small population and a mature market.

“Outside of the Silicon Valley in the US, every other country is still figuring out how to build their Internet start-up ecosystems,” Chan told the Jakarta Globe on Sunday.

Neoteny Labs is a venture capital group that provides seed funding for potential Web start-ups in Asia and the Middle East.

Reports from global consulting companies and Facebook, one of the world’s most popular social networking sites, echoed Chan’s view on the prospects of Internet-based businesses in Indonesia.

A Boston Consulting Group report in September 2010 showed Indonesians were among the world’s most avid users of social networking sites. More than 31 million of the country’s 238 million people use the Internet, a figure expected to increase to 94 million by 2015, it said.

According to Facebook data, Indonesia is the second-largest market for the company with more than 35 million active accounts, about 5.6 percent of total Facebook members.

International social media monitoring agency Sysomos reported in January that Indonesia was the sixth-largest Twitter user in the world and the largest user in Asia.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    25  April 2011 Subsribe Now !
 • Asean developing garment plans Subcribe: Asean Affairs Global Magazine
• Image politics scrutinized in Indonesia Asean Affairs Premium
• Indonesian Internet users should attract investors
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Malaysian ringgit on a roll   
• Myanmar exploration deals on tap

• Reducing VAT on petroleum costs Philippines

• Foreign investment grows in Thailand

• April Vietnam CPI reaches 20-year high p

Asean Analysis    25  April 2011

Advertise Your Brand
• Is it war or politics? Sponsor Our Events

Asean Stock Watch    25  April 2011

• Asean Week Ahead p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand