S.M.A.R.T Entrepreneurship x Global

Jakarta (Indonesia)

Indonesia, Southeast Asia's largest economy (GDP over US$1 trillion), is accelerating growth through digitalisation, EV battery production, and an 8% growth target under President Prabowo, with high-income status ambitions by 2045. This programme equips participants to seize these opportunities through case studies, site visits, and sessions on e-commerce, RCEP, and market-entry strategies.

Programme Dates

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Programme Fees

  • Full Payment $7,957.00
  • SkillsFuture (up to 70% subsidy) $2,387.10
  • SME (up to 90% support) $927.10
  • Mid Career (up to 90% subsidy) $927.10

Who Should Attend

Business owners and senior management from creative and design, technology, trading, manufacturing and logistics ecosystem.

Prerequisites

Basic knowledge of internationalisation, smart business, and technology development.

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Programme Details

Indonesia, Southeast Asia’s largest economy with a Gross Domestic Product (GDP) over US$1 trillion, is rapidly growing due to its strategic location, natural resources, and a young, skilled workforce. The country is embracing digitisation and sustainable industries, like electric vehicle battery production, to strengthen its global position.

With President Prabowo Subianto aiming for 8% economic growth in his first term, Indonesia is on track to achieve high-income status by 2045, focusing on innovation and economic transformation.

Through hands-on case studies, site visits, and interactive discussions, this programme equips participants to identify business opportunities in Indonesia’s high-growth economy, navigate e-commerce trends, develop integrated business strategies, leverage RCEP opportunities, build key networks, and craft actionable market-ready strategies.

Programme Outline

Learning Objectives
  • Identify Opportunities in Indonesia’s High-Growth Economy: Learn more about Indonesia’s economic growth strategy to uncover new business opportunities.
  • Navigate Indonesia’s E-Commerce Boom: Understand key trends and growth areas in e-commerce, especially after the Tokopedia-TikTok merger.
  • Develop Smart Business Integration Strategies: Master the integration of trade, logistics, data, technology, talent, and finance to build efficient operations in Indonesia.
  • Capitalise on Regional Comprehensive Economic Partnership (RCEP): Assess Indonesia’s role in the RCEP and its business implications.
  • Expand Business Networks: Connect with Universitas Indonesia alumni and SingCham Indonesia members to foster meaningful collaborations.
  • Create a Market-Ready Business Strategy: Apply programme insights to design a pragmatic and innovative strategy for succeeding in Indonesia’s dynamic market.
Day 1

Pre-trip in Singapore

  • Strategic workshop: Scaling Businesses by Leveraging on Indonesia’s High-Growth Economic Strategy.
  • Learn about Indonesia’s High Economic Growth Strategy to uncover new avenues for business development.
  • Learn a strategy framework to craft innovative business strategies tailored for the Indonesian market.
Day 2

Site visit: Indonesia Government

  • Learn about the latest updates on Indonesia’s High Economic Growth Strategy, including investment incentives.
  • Learn about the latest developments the Regional Comprehensive Economic Partnership (RCEP) from Indonesia’s perspective.
  • Identify and evaluate potential partnerships with local partners and learn the best business practices.

Seminar, lunch and networking session

  • Seminar on “Indonesia’s High Economic Growth Strategy to Scale Businesses: Trends & Opportunities”
  • Explore potential partnerships

Site visit: Carro Indonesia

  • Learn about Carro Indonesia’s success in Indonesia, including business strategy, partnership, talent development.
  • Explore potential partnership
  • Learn the best business practices at Carro Indonesia
Day 3

Site visit: Telkomsel Group

  • Learn about the latest development on tech and e-commerce industry in Indonesia.
  • Explore potential digitalisation, trading and logistics partnership at Telkomsel.
  • Learn the best business practices at Telkomsel

Seminar, lunch and networking session

  • Seminar on “Telkomsel’s Global Partnership Ecosystem: Trends & Opportunities”.
  • In-depth partnership discussions with Telkomsel & its ecosystem partners.

Site visit: Telkomsel Group

  • Visit Telkomsel’s corporate venture arm and its innovative business platforms, including e-commerce.
  • Learn about new innovative technologies and business platforms.
  • Explore and evaluate potential partnerships
  • Learn the best business practices in Telkomsel
Day 4

Site visit: Goto Group

  • Learn about the latest developments and opportunities in the e-commerce market in Indonesia, especially with the TikTok-Tokopedia merger.
  • Explore potential partnership with Tokopedia-TikTok e-commerce entity.
  • Learn the best business practices at Goto Group

Seminar, lunch and networking session

  • Seminar on “GoTo Group’s Partnership Ecosystem: Trends & Opportunities”.
  • In-depth partnership discussions

Site visit: Huawei Indonesia

  • Learn about how Huawei Indonesia empower overseas companies to scale in Indonesia.
  • Explore potential partnership
  • Learn the best business practices at Huawei Indonesia

Site visit (Evening): Workshop with Singcham Indonesia and Universitas Indonesia alumni (business owners)

  • Interpret Indonesia’s High Economic Growth Strategy: Strategic Plan & Opportunities.
  • Learn the best practices on operating businesses in Indonesia.
  • Explore partnership opportunities with Singcham Indonesia members & Universitas Indonesia alumni (business owners).
Day 5

SUTD S.M.A.R.T Entrepreneurship seminar: Tapping into Indonesia’s High Economic Growth Strategy to Scale Businesses.

Sharing by a Professor from Universitas Indonesia: Challenges & Opportunities in Indonesia.

Seminar topics include:

  • Indonesia business owners to share on collaboration ideas
  • Singapore delegates to share on collaboration ideas
  • Explore partnership opportunities, learn and apply the best business practices

Hands-on strategy workshop: Scaling Businesses with Indonesia’s High-Growth Economic Strategy

  • Participants will leverage insights from Indonesia’s High Economic Growth Strategy to identify growth opportunities.
  • Participants will use the strategy framework to create innovative and practical business strategies

Roundtable panel discussion: Scaling Businesses with Indonesia’s High Economic Growth Strategy Panellists:

  • Selected representatives from the Indonesian government
  • Regional Director (Jakarta), Enterprise Singapore
  • Participants will present their strategies and receive constructive feedback to refine their strategies.
Assessment

Presentation of the company’s business strategy to capture business opportunities.

Andrew Chin

Lead Instructor | Singapore University of Technology Design (SUTD)

Andrew Chin is an Educator, Serial Entrepreneurship, & Investor. He serves as President of Tsinghua University School of Management and Economics (Tsinghua SEM) Singapore Alumni Association, as well as the President of the S.M.A.R.T Entrepreneurship Club. He is the Lead Instructor for S.M.A.R.T Entrepreneurship X Global (AI & Robotics) Program Series, & S.M.A.R.T Entrepreneurship X AI Program Series at the Singapore University of Technology and Design (SUTD).

Andrew has more than 25 years of China experience in education and publishing industry. Andrew was Head of SMU China & East Asia Initiatives where he worked closely with SMU President and senior management to craft and execute SMU China & East Asia strategy. Andrew accumulated invaluable experience in crafting and executing China strategy from his various roles, including as Business Development Director (China & Southeast Asia) for Sodexo (Fortune 500), as Chief Representative and Country Manager (China) for Thomson Learning (Fortune 500) and as Cofounder for two successful start-ups in Beijing. He was based in Beijing for 10 years. During his time at Singapore Economic Development Board (EDB), Andrew worked with selected Fortune 500 companies on their Singapore and regional strategy.

Andrew was awarded the Asian Business Fellows Scholarship by the Singapore Government to pursue the Tsinghua University-MIT Sloan International MBA Programme in Beijing in 2001.

With Singapore Management University (SMU)'s nomination, Andrew is recognized as a Specialist Adult Educator (Curriculum Development) under the Adult Education Professionalization (AEP) initiative, a national level initiative under Singapore’s SkillsFuture. Andrew initiated the SMU Internationalization Program Series with the founding Executive Director of SMU Academy

Programme Dates

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