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Internationalisation (Asia) Series: New Ventures in Jakarta

  • Internationalisation
Next Intake: 17 Jul 2025 (Thu)
  • Basic
  • SkillsFuture
  • Short Courses
  • This module is part of Internationalisation Series
Next course starts on
17 Jul 2025 (Thu) See Full Schedule
Fee
SGD7,630* (as low as SGD889 after maximum funding) Learn More
Duration

Pre-trip workshops (in-person): 1 day

Overseas in Jakarta: 5 Days

(See programme details under Topic/ Structure)

Level
Basic

Who Should Attend

  • Small and Medium-sized Enterprises (SMEs) who want to expand their business in Jakarta
  • Any other business owners who plan to start a business in Jakarta
  • Individuals who are interested to explore business opportunities in Jakarta

Overview

Indonesia is Southeast Asia’s largest economy and population, rich in all types of natural resources as well as culture diversity. In the last 2 decades, the GDP per capital has risen by over 70% with even more projected growth in the next 10 years, making it ASEAN largest consumer economy. The time is now to take advantage of the opening up of the Indonesian economy to foreign investors especially in the areas of Business Services, Food & Beverages, Retailing and Technology Innovation.

Internationalisation (Asia) Series: New Ventures in Jakarta will provide participants an oversight of the country’s economic environment and the potential as well as the challenges of setting up a business in Indonesia. Participants will start their business in Indonesia on the right foot by gaining deep knowledge coupled with in market meetings with experienced entrepreneurs.

Learning Objectives

At the end of the course, participants will be able to:

  • Develop market insights on the economic potential of Indonesia
  • Gain skillsets in recognising opportunities
  • Identify and leverage the resources from the course to fast track business networking and ventures
  • Avoid pitfalls faced by most entrepreneurs when venturing abroad

Topic/Structure

Pre-Trip Workshop

Session A: Pre-Trip Workshop

  • A comprehensive briefing to understand Indonesia’s political and economic landscape, align expectations, and connect with fellow delegates ahead of the trip

Session B: Executive Insights of Indonesia

  • Gain strategic insights into Jakarta’s urban growth, demographic strengths, and policy shifts driving Indonesia’s rise as a regional economic leader

Highlights of Upcoming Event:

1. Retail & Commercial Industry Deep Dive
Join us for comprehensive sessions and executive dialogues exploring key trends, strategies, and innovations shaping Indonesia’s retail and commercial sectors.
 
2. Manufacturing & Infrastructure Site Visit
Experience a guided visit to a leading industrial estate and gain firsthand insights into its sustainability initiatives and contribution to Indonesia’s infrastructure and manufacturing growth.
 
3. Foreign Investment Incentives & Special Economic Zones
Participate in informative briefings and interactive dialogue sessions covering Indonesia’s latest foreign investment incentives and the opportunities presented by special economic zones.
 
4. Exclusive Networking with Business Leaders
Connect and engage with representatives from local businesses and chambers of commerce to expand business network and explore potential partnerships.
 

 

What You’ll Experience:

1. Curated 5-Day Immersion 
Gain access to C-suite leaders, local operators, and industry experts across sectors like retail, F&B, digital services, infrastructure, and logistics.
 
2. Sharing of Policy Insights
Engage directly with government agencies, trade chambers, and ecosystem builders for exclusive briefings on regulations, incentives, and expansion pathways.
 
3. Business Matching & Partnership Opportunities
Network with potential partners, distributors, and enterprise collaborators through FTG’s business matching facilitation and SMU’s alumni and regional networks.
 
4. Strategic Market Playbook
Walk away with actionable frameworks and a regionally validated blueprint to scale or enter the Indonesian market.
 

*All schedules, itineraries, and business events are subject to availability and changes. Flight tickets, travel insurance, and VISA (if required) will be covered by participants.

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Fee Table

 COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$2,289

(After SSG Funding 70%)

$889

(After SSG Funding 70%
+ ETSS Funding 20%)

$2,289

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$889

(After SSG Funding 70%
+ MCES Funding 20%)

$889

(After SSG Funding 70%
+ ETSS Funding 20%)

$889

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$7,630

(No Funding)

$7,630

(No Funding)

$7,630

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).

Workfare Skills Support Scheme

From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

  • Organisation must be registered or incorporated in Singapore
  • Employment size of not more than 200 or with annual sales turnover of not more than $100 million
  • Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  • Trainees must be Singapore Citizens or Singapore Permanent Residents
  • Trainees must not be a full-time national serviceman
  • Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here. 

Please click here for more information on ETSS.

Absentee Payroll

Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

Intake Information

Pre-Trip Workshop: 17 Jul 2025 [Open for Registration]

Overseas Dates: 29 Jul - 2 Aug 2025

Trainers

Seah Jun Hao
Chairman
Fat Tiger Group
Seah Jun Hao
Chairman
Fat Tiger Group

Jun Hao, the Programme Director, is a community leader, investor and entrepreneur who has successfully led and achieved multiple business exits. He graduated from Imperial College London with M.Eng (First Class Honours) in Aeronautical Engineering and was named Department Aeronautics Scholar. A recipient of the prestigious Singapore Armed Forces Overseas Scholarship under Public Service Commission, Jun Hao served in the Singapore Armed Forces and the Government of Singapore where he was groomed in key appointments including as a Military Private Secretary to the current Minister in Prime Minister’s Office. As a COO of a Single Family Office that invests in Private Equity, Private Credit and Real Estates, Jun Hao currently serves Chairmanship roles in his portfolio companies as well as on the Board of Directors or Board of Advisors in multiple Chambers of Commerce, Business Associations and non-profit entities. He further serves as an Affiliate Faculty at SMU Academy, Singapore Management University and is also pursuing an MBA at Harvard Business School.

Testimonials

This programme is insightful and connected us with government bodies, ASEAN representatives, business owners and corporate service providers from Indonesia and Singapore. Definitely worth the trip!
Joanne Yang
Business Development
Syneos Health
The programme opened doors for individuals like me to connect to the right people and organisations. A truly invaluable experience!
Charis Chng
Director
Bright and Faith Consulting Pte. Ltd.
This programme has been useful in equipping us with on-the-ground insights and building strong connections within the Jakarta community.
Willy Tan
Director
Forbis Accounting Pte Ltd

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