Indonesia’s former speaker gets 15 years in jail for corruption Indonesia’s former parliament speaker was handed a 15-year prison term on Tuesday in one of the country’s harshest sentences for graft, marking a victory for […]
Teaming up with Ciptadana Asset, PTPP Offers Private Equity Fund of IDR250 Bln PT PP (Persero) Tbk (IDX:PTPP) will offer Perpetual Securities (SBP) financial product through a Private Equity Fund (RDPT) of IDR250 billion. — […]
Corporate funds will shake up Indonesian VC model Traditional venture capital funds are slowing in Indonesia’s technology sector, despite a digital boom. — Nikkei Asian Review (metered paywall) Signing 7 Contracts, Pertamina Prepares Investment of […]
PowerChina to build hydropower plants for $17.8 billion Power Construction Corporation of China (PowerChina) has signed a memorandum of understanding (MoU) with PT Indonesia Kayan Hydropower Energy to jointly build hydropower plants with a total […]
Indonesia seeks to limit cash transactions to fight bribery Indonesia’s government has proposed a law to parliament to limit cash transactions to curb bribery and money laundering in Southeast Asia’s biggest economy, the head of […]
Indonesia expected to drop 264t rupiah worth of infrastructure projects Indonesia’s chief economic minister said on Monday that 14 infrastructure projects, worth 264 trillion rupiah (S$25.1 billion), are expected to be dropped from the government’s […]
Pertamina to give victims’ families Rp 200m State-owned oil and gas company PT Pertamina plans to give the families of five people who were killed in a recent Balikpapan oil spill in East Kalimantan Rp […]
ADB Puts GDP Growth Forecasts for Indonesia at 5.3% in 2018 & 2019 The Asian Development Bank (ADB) stated in its Asian Development Outlook (ADO) report, which was released on Wednesday (11/04), that it expects […]
Indonesia’s Lion Air buying 50 Boeing 737’s in $6.2 bn deal Indonesia’s Lion Air is buying 50 Boeing 737 MAX 10 airplanes in a deal valued at about $6.2 billion, the firms said Tuesday, as […]
Maybank Indonesia Set to Distribute Cash Dividends worth IDR360.8 Billion PT Bank Maybank Indonesia Tbk has held the Annual General Meeting of Shareholders (AGMS) and Extraordinary GMS (EGMS) in Jakarta. — Netral News Uber’s exit […]
GATF Day 2, Garuda Books Hundreds of Billions Transaction Value PT Garuda Indonesia again held the Garuda Indonesia Travel Fair (GATF) 2018 at Jakarta Convention Center, Senayan, South Jakarta. As of Saturday April 7, 2018, […]
Indonesia Says Its Huge Domestic Market Will Protect It From Trade War Indonesia’s economy may be cushioned by its huge domestic market as a trade dispute between the U.S. and China poses risks to the […]