Gayatri Suroyo
Stories by Gayatri Suroyo
Bank Rakyat Indonesia seeks to sell 23.25% stake in rights issue
BRI will hold a shareholder meeting on July 22 to seek approval for the transaction.
Indonesia’s biggest lender BRI to acquire two financing firms
BRI will launch a rights issue to enable the transfer of pawnshop chain Pegadaian and micro-lending firm PNM.
Japan’s JBIC commits to invest $4b in new Indonesian sovereign wealth fund
Indonesia intends to the fund to $15 billion and will use it to finance infrastructure projects.
Indonesia may go ahead with digital tax plan even without G20, OECD consensus
Indonesia's tax office said 16 digital companies had paid $21.06 million in VAT as of October.
Indonesia’s SWF will offer dedicated industry funds to shore up $15b investment
The funds would operate under a "master fund".
Indonesia suffers first recession in over two decades as COVID batters economy
Indonesia's first recession since 1998 comes as the country has struggled to contain the virus outbreak.
Indonesia plans to revamp financial regulatory structure
OJK is currently the 'micro' regulator in charge of supervising and regulating the whole financial industry.
Indonesia plans to shut down troubled life insurer Jiwasraya
Indonesia plans to set up a new company to settle outstanding claims.
COVID-19 deals body blow to Southeast Asia’s gig economy as orders dry up
An increase in food deliveries has come nowhere near compensating for the losses in transport.
Indonesia may inject $1b into troubled state insurer Jiwasraya
The capital injection will help the state firm pay off maturing policies.
