Gita Rossiana
Stories by Gita Rossiana
Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Danantara could potentially become the fourth largest SWF in the world.
SIS Group affiliate Inspirasi Schools eyes $30m from family office
Adivira Capital acquired a 75% stake in SIS Group from PE firm Actis earlier this year.
Asia Digest: SG’s Evolve Capital buys 10% of Malaysia’s ZICO; INA partners with SK Plasma
ZICO has business operations in Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand, and the Philippines.
Indonesian energy firm Adaro Andalan eyes $291m in local IPO
Adaro Energy's stake in Adaro Andalan will be diluted to 90% from 99.99% after the IPO.
Bukalapak to move away from low-margin ops in strategy shift
The move comes amid persistent losses from non-core business lines.
GoTo’s fintech division to drive growth, poised for positive adjusted EBITDA a year early
Company expects fintech segment to reach positive adjusted EBITDA in Q4 2024.
Indonesian fintech Fazz said to be restructuring, discontinues some services
Some neobank services at its Fazz Business vertical may have been affected.
Unresolved issues still linger at Investree after OJK revokes licence
The Investree case will have a short-term impact on the P2P lending sector, market watchers say.
Indonesia’s OJK revokes troubled P2P lender Investree’s licence
Following the move, Investree will have to cease all operations and settle staff compensation.
Indonesia’s FishLog downsizes sharply, weighs M&A option amid crisis
The firm is said to have laid off more than half of its workforce to extend the runway.