Indonesian Consumer Foundation disapproves Grab-Gojek merger
The consumer watchdog believes the merger will eliminate competition in the market...
Tag : Indonesia
Standard Chartered’s Nexus offers while label digital financing solution
Nexus will allow businesses to increase revenue and strengthen customer loyalty...
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...
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...