Business
Indonesia’s healthcare moment is now
With rising demand, bold reforms and a digital backbone now in place, Indonesia is opening its doors to long-term healthcare investment…
Tag
Indonesias
Business
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out…
News
Wilmar found guilty of corruption as Indonesia’s Supreme Court overturns previous acquittal
The Indonesian Attorney-General’s Office is seeking 11.8 trillion rupiah in compensation and a billion rupiah fine from the agri-giant…
Business
Tycoon-backed Merdeka Gold shares soar on Indonesia’s biggest IPO this year
The miner is developing the Pani Gold Project in Gorontalo, poised to become one of the country’s largest gold mines and a major driver of…
Culture
JAFF Market Partners with Cinepoint to Track Indonesia’s Box Office Surge as Local Films Outpace Hollywood (EXCLUSIVE)
JAFF Market, the industry arm of Indonesia‘s Jogja-Netpac Asian Film Festival has inked a data partnership with Cinepoint to document the…
Business
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Business
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Business
Indonesia’s gas crunch strains domestic industries, may shake trust in exports
Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could…
Business
Indonesia’s ‘Gasoline Godfather’ targeted in US$18 billion graft probe
[LONDON/JAKARTA] A reclusive oil merchant dominated Indonesia’s fuel trade for decades. Now he is embroiled in a US$18 billion probe into…
Business
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s…
Business
Indonesia’s Kangaroo bond sale a tricky call for local investors
Indonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on…
Business
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and…
Business
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift…
Business
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Culture
Flights to Indonesia's Bali resume after disruption by volcano eruption
All flights to and from the Indonesian resort island of Bali resumed on Thursday (Jun 19) after being cancelled or delayed due to…
Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Business
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in…
Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Business
Indonesia’s US$48 billion social security fund eyes doubling equities exposure
Indonesia’s US$48 billion social security fund BPJS Ketenagakerjaan, the country’s largest institutional investor, aims to raise the share…
Business
Indonesia’s Widjaja family moves to delist Sinarmas Land from SGX; more large-cap exits on the horizon
An entity controlled by Indonesia’s billionaire Widjaja family has made a voluntary unconditional cash offer for all the shares in…