EnergyFeaturedIndonesia to replace coal power plants with renewable energy sourcesPritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 The plants, which are to be replaced, could have a combined power capacity of over 11,000 MW... Read more
FeaturedOil & GasMubadala Petroleum sells stakes in Indonesian gas fieldsPritam BordoloiJanuary 24, 2020January 24, 2020 by Pritam BordoloiJanuary 24, 2020January 24, 2020 Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks... Read more
AviationFeaturedInvestors reportedly show interest to buy beleaguered Malaysia AirlinesInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
Real EstateIndonesian property shares to surge by 32% next yearPritam BordoloiDecember 18, 2019January 24, 2020 by Pritam BordoloiDecember 18, 2019January 24, 2020 Shares of companies in the Indonesian real estate sector jumped by 13% this year... Read more
FintechAlibaba-backed WeLab secures $156 mn funding to invest in R&DPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank... Read more
Oil & GasAdnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more
Logistics and CargoDHL launches multimodal services to IndonesiaPritam BordoloiOctober 18, 2019 by Pritam BordoloiOctober 18, 2019 Now shipments can be moved from Singapore to other Southeast Asian countries using multimodal services that involve air and road freight... Read more
BankingIndonesia lynchpin of Standard Chartered 2021 returns targetInternational Finance DeskSeptember 10, 2019December 16, 2019 by International Finance DeskSeptember 10, 2019December 16, 2019 Standard Chartered’s operating profit in Indonesia is up by 28% in H1 2019 year-on-year... Read more
Asset ManagementUOB’s asset management buys 75% stake in Indonesia firmInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 United overseas bank will provide its expertise to Indonesian investors in areas such as Islamic investments and multi-asset strategies... Read more
Oil & GasIndonesia’s Pertamina to expand overseas in 2020International Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 The oil and gas firm’s total budget to include funds required for expansion in Algeria and Iraq... Read more