Indonesia

Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
June 6, 2025
[SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg. The sovereign wealth fund is said to be in...
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
June 4, 2025
Tie-up taps the bank’s presence and knowledge of SMEs and customer franchise in Indonesia, and Ant International’s capabilities in alternative data modelling, dynamic credit strategy and automated credit decision[SINGAPORE]...
Garuda said in talks for US0 million from Indonesia wealth fund
Garuda said in talks for US$500 million from Indonesia wealth fund
June 4, 2025
[JAKARTA] Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to sources familiar with the matter, as the...
Global funds weigh whether Indonesia market rebound was too fast
Global funds weigh whether Indonesia market rebound was too fast
June 4, 2025
[JAKARTA] Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last.RBC BlueBay says any inflows into Indonesian bonds will...
Thailand and Indonesia could be growth laggards in Asean: Nomura
Thailand and Indonesia could be growth laggards in Asean: Nomura
June 3, 2025
[SINGAPORE] Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the Nomura Investment Forum Asia press conference held...
Thailand and Indonesia could be growth laggards in Asean: Nomura
Thailand and Indonesia could be growth laggards in Asean: Nomura
June 3, 2025
[SINGAPORE] Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the Nomura Investment Forum Asia press conference held...
RGE, TotalEnergies to develop solar power plant with battery storage in Indonesia
RGE, TotalEnergies to develop solar power plant with battery storage in Indonesia
May 28, 2025
[SINGAPORE] RGE and TotalEnergies on Wednesday (May 28) have signed a co-investment agreement to jointly develop a solar power plant with battery energy storage system in Riau Province, Indonesia. The...
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
May 28, 2025
The agency says it found rising market concentration and warned of possible post-acquisition price hikes due to increased dominancePublished Wed, May 28, 2025 · 08:17 PM[JAKARTA] Indonesia’s antitrust agency...
Chevron seeks big oil and gas blocks in Indonesia
Chevron seeks big oil and gas blocks in Indonesia
May 20, 2025
Chevron is seeking blocks with potential reserves of around 15 trillion cubic feet of gasPublished Tue, May 20, 2025 · 08:58 PM[TANGERANG, Indonesia] US oil major Chevron is interested...
Indonesia taps Singapore traders in US billion Pertamina probe
Indonesia taps Singapore traders in US$12 billion Pertamina probe
May 19, 2025
[SINGAPORE] Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a US$12 billion corruption probe involving state-owned oil giant Pertamina. The oil traders received...