Linda
Stories by Linda
Indonesia: KREN ventures into travel e-commerce biz by acquiring 30% in ICI
KREN has acquired 30 per cent stake of PT Indo Corpora Investama (ICI), which owns Paditrain, Padiciti and Padipay.
Indonesia’s Antam, Germany’s Ferrostaal, US Cronimet in production JV
Indonesia state own mining company Antam will form a joint venture with US Cronimet Corporation and Germany's Ferrostaal Group to build a ferronickel
Indonesia state airport operator to raise $151m via bond issue
Indonesia's state-owned airport operator PT Angkasa Pura II plans to issue local currency denominated bonds to raise up to $151.52 million in June.
Indonesia to set up holding firms to consolidate state enterprises in 4 sectors
In a move seen to consolidate the operations of its public sector entities, Indonesia is setting up four new holding companies for state-owned enterpr
Aberdeen launches first Islamic mutual fund in Indonesia
Global investment manager Aberdeen Asset Management (Aberdeen) launched the first Islamic investment products “Mutual Funds Aberdeen Syariah” for
Singapore’s KS Orka acquires OTP Geothermal Power project in Indonesia
KS Orka Renewables Pte Ltd of Singapore (KS Orka) has acquired 100% of OTP Geothermal Pte Ltd (OTP) of Origin Energy Geothermal Singapore Pte Ltd (Ori
1337 Ventures-backed accelerator to invest in 3 Indonesian startups
Alpha Startups Indonesia, unit of Malaysia's 1337 Ventures, a leading Southeast Asian accelerator and early-stage investor, announced the top three te
Fintech here to complement banks not compete, Indonesia startups say
“Fintech companies understand what mobile can do. They can make bank services more convenient and banks should consider themselves as part of digita
UPC Sidrap, OPIC join hands to develop $120m wind farm in Indonesia
PT UPC Sidrap Bayu Energi, a subsidiary of US renewable energy company UPC Group, has signed financing deal with Overseas Private Investment Corporati
