SE Asia ride hailing giants Grab and Gojek hold merger talks
Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake...
Tag : Indonesia
CGS-CIMB launches online stock trading platform for retail investors
The online trading platform, called iTrade, is also designed to attract students in Indonesia...
Vietnam ranks ahead of Singapore in 2020 tech startup funding
Total investment in Vietnamese tech startups reached $741 mn, compared to Singapore’s $693 mn...
Indonesia to replace coal power plants with renewable energy sources
The plants, which are to be replaced, could have a combined power capacity of over 11,000 MW...
Mubadala Petroleum sells stakes in Indonesian gas fields
Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks...
Investors reportedly show interest to buy beleaguered Malaysia Airlines
Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities...
Indonesian property shares to surge by 32% next year
Shares of companies in the Indonesian real estate sector jumped by 13% this year...
Alibaba-backed WeLab secures $156 mn funding to invest in R&D
The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank...
Adnoc eyes $45 bn downstream investment in India, China
The oil giant is also looking to develop refining and petrochemical facilities in the UAE...
DHL launches multimodal services to Indonesia
Now shipments can be moved from Singapore to other Southeast Asian countries using multimodal services that involve air and road freight...