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Rieka Rahadiana

Stories by Rieka Rahadiana

Deals

UAE will invest $22.8b in Indonesia through sovereign wealth fund

The UAE plans to invest in building Indonesia’s new capital and also develop properties in Aceh province.

Indonesia

What’s the cost of an e-commerce boom? Ask Indonesia’s postal service

By 2022, the country’s e-commerce market will grow to $65 billion from last year’s $8 billion, according to McKinsey. And the post office will do

Deals

Indonesia looks to foreign acquirers for consolidation in crowded banking industry

Indonesia has 115 conventional and Shariah banks and almost 1,800 rural lenders, catering to the archipelago’s more than 260 million people, data fr

Indonesia

Indonesia’s newest unicorn Bukalapak taps local kiosks in top spot chase

Bukalapak, which counts Singapore’s GIC and China’s Ant Financial among its investors, trails only Alibaba-backed PT Tokopedia, according to iPric

Indonesia

Indonesia’s newest unicorn Bukalapak now wants to take on the big boys

Bukalapak has set up an M&A team to identify startups that will help it serve 10 million people by 2025.

Deals

Freeport agrees to cede majority ownership of Grasberg mine to Indonesia owners

Freeport will have to sell 41.64% of its stake in the copper and gold mine.

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