Fransiska Nangoy
Stories by Fransiska Nangoy
S Korea’s Hyundai Motor, LG Chem mull EV battery JV in Indonesia
Global automakers are moving to secure batteries in anticipation of a rise in EV sales.
South Korea’s Kookmin to take controlling stake in Indonesia’s Bank Bukopin
OJK said it backed the plan but it still needed to meet regulatory requirements.
Indonesia’s Bank Mandiri plans $61m bond sale in May
The proceeds will be used "to strengthen its funding structure in supporting future business expansion."
Indonesia’s OJK allows stock buyback without shareholder approval
The OJK said the index faces "significant pressure" due to fear over the coronavirus spread and the measure could help stabilise the stock market.
ExxonMobil to buy Indonesian lubricant firm Federal in $436m deal
ExxonMobil plans to buy 100% of FKT, including the Federal Oil brand.
Go-Jek mulls Jakarta IPO but no time frame fixed yet
President Soelistyo also raised the possibility of a dual-listing after Indonesia, but said a decision on where hasn't been made.
Indonesia’s fintech lending surge takes advantage of deficit in bank credit
The emergence of these peer-to-peer (P2P) lending platforms has so far been welcomed by Indonesia's financial regulators.
Japan’s MUFG hopeful of regulator nod to gain control of PT Bank Danamon
A successful transaction could become the biggest acquisition of an Indonesian firm on record.
Indonesia’s Danamon shares rise to 17 year high post MUFG deal
Danamon's shares rose 16.7 percent in early trade on Wednesday to 7,000 rupiah per share.
Bank Indonesia bans fintech firms from using cryptocurrencies in payments
The central bank said it is examining whether there's a need to regulate trading on virtual currency exchanges.
