Indonesia’s central bank cuts 2022 economic growth
The central bank has kept the benchmark of the seven-day reverse purchase...
Indonesia
Indonesian fintech firm Flip raises $48mn to accelerate its business expansion
The funding round was led by Sequoia Capital India, Insight Partners, and...
Indonesia’s Q3 GDP growth rate slows down due to Covid-19
Southeast Asia’s biggest economy only grew 3.76% between July-September...
Indonesia’s INA strikes a partnership with DP World to develop ports
The United Arab Emirates said that it will invest $10 bn in...
Indonesian investment platform Ajaib raises $153 mn to expand its product development and engineering capabilities
The funding round led to Ajaib becoming the latest unicorn in the...
Telecom giants Ooredo and CK Hutchison merge together in a $6 bn deal
The merger will create a larger, commercially stronger and more competitive telecom...
Indonesia’s Pertamina takes over Chevron’s Rokan Block
Pertamina will invest $2 bn over the next four years to reverse...
Indonesian lending platform Kredivo going public after $2.5 bn SPAC merger
The credit firm secured proceeds amounting to $430 mn...
Gojek invests in LinkAja to bolster digital ecosystem
The fresh funds are expected to enhance Gojek’s and LinkAja’s capability to...
Bank Jago poised to dominate Indonesia’s digital banking
Bank Jago is backed by the country’s sovereign wealth fund GIC and...