Bernadette Christina Munthe
Stories by Bernadette Christina Munthe
Indonesia to hike VAT across the board, not just luxury goods
It will introduce measures to soften the blow on lower-income earners.
Indonesia’s PalmCo plans $500m IPO this year
It has appointed Mandiri Sekuritas, DBS, BNP Paribas and CIMB as underwriters for the IPO.
Indonesia’s Merdeka Battery jumps 12% after $591m IPO
The stock opened at 805 rupiah, compared with its IPO price of 795 rupiah.
Indonesia Battery Corp looks to vroom ahead in electric scooter sales on incentive plan
The government is aiming to reach 2 million sales of electric motorbike in 2025.
Indonesia’s Pertamina to revisit refinery expansion plans amid green energy shift
Indonesia is targeting net-zero emissions by 2060.
Indonesia close to EV deals with BYD Group and Tesla
Indonesia is aggressively promoting investment into batteries and EVs at home.
Indonesia’s Pertamina, UAE’s Masdar to develop $187m solar projects
Their projects will have a combined capacity of 200 megawatt peak.
Indonesia tycoon to top up Garuda’s capital after debt restructuring
Garuda is undergoing a court-led debt restructuring over unpaid liabilities.
Indonesia stock exchange warns it may delist national flag carrier Garuda
Garuda's Setiaputra said the company will respond to the bourse's warning in a statement later.
Indonesia seizes land, other assets linked to 1998 bailouts
The land was used as collateral for bailouts.