CindySilviana
Stories by CindySilviana
Indonesia: Rimau gets shareholders’ nod to raise $252m to buy AirAsia unit
Rimau will sell 13.64 billion new shares and PT Fersindo Nusantara and AirAsia Investment Ltd - the current owner of Indonesia Airasia - are acting as
Indonesia court scraps new ride-hailing tariff rules
The country's Supreme Court has ruled that tariff ranges imposed by the government last month on online ride-hailing services are illegal.
Carlyle, Southern Capital in talks to sell Indonesia tower operator STP at $1b valuation
The private equity firms have hired an adviser to find a buyer for their combined stake of nearly 69 percent in Solusi Tunas Pratama Tbk PT (STP).
Indonesian state firms securitise assets to attract foreign pension funds
Indonesia hopes to attract Canada Pension Plan, Japan's GPIF.
Indonesia: 7-Eleven finds popularity isn’t enough to survive in market
The owner of the 7-Eleven master franchise in Indonesia is closing all its domestic outlets.
Indonesia’s Astra exec says it will not sell stake in Bank Permata
Astra and StanChart each owned 44.8 percent of Permata as of Dec. 31
Indonesia’s Bank Mandiri eyes acquisitions in Philippines, Myanmar
State-controlled Mandiri is also setting its sights on regional growth, with plans to invest at least 300 million ringgit ($72 million) to open 10 to
HSBC plans to inject $1b into Indonesia business
British lender HSBC plans to inject $1 billion of additional capital into its combined Indonesian business with PT Bank Ekonomi Raharja, an official a
Indonesian carrier Sriwijaya Air plans to launch IPO in March
Sriwijaya Air's plan to go public next year comes as domestic rival Lion Air, the country's biggest budget carrier, is also considering floating its s
